Price Check
How this price compares
- List price
- $1,999,000
- Price per sq ft
- $940
- Original price
- $2,099,000
- Days on market
- 3
This 3-bedroom townhouse in Key Largo Yacht Club is listed at $1,999,000, or $940 per square foot. The asking price has come down 4.8% from its original $2,099,000. It has been on the market for 3 days.
Estimated monthly payment
$10,506 /mo
Principal and interest only, based on $399,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,890/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,999,000
- Days on Site
- 3 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,127 sqft
- Total Sq Ft
- 2,127 sqft
- Year Built
- 1997
- Property Type
- Townhouse
- MLS #
- A12121292
- Property Tax
- $8,641 (2025)
- HOA Fees
- $2,890 / Monthly
- Subdivision
- KEY LARGO YACHT CLUB
- County
- Monroe
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
ESCAPE THE CITY. WAKE UP TO THE ATLANTIC. Imagine trading traffic, noise, and the fast pace of city life for spectacular ocean sunrises, gentle tropical breezes, and the peaceful beauty of the Florida Keys. Tucked away in the intimate Key Largo Yacht Club waterfront community, this beautifully appointed three-story, 3-bedroom, 2-bath townhome offers a rare opportunity to enjoy front-row Atlantic Ocean views from three private balconies, one on every level.Thoughtfully redesigned and remodeled in 2007, this inviting coastal residence offers three levels of comfortable living, ideal for relaxing, entertaining, and welcoming family and friends. Offered fully furnished and move-in ready, your tropical escape is waiting. Simply arrive, unpack, and enjoy!For those who love the water, an exceptional deeded 50-foot boat slip with a four-post lift is conveniently located behind the garage, complemented by on-site dry boat storage and a community that welcomes jet skis.Whether you're looking for a weekend escape, seasonal retreat, or permanent change of pace, this oceanfront gem offers the perfect balance of privacy, relaxation, and adventure.Three levels of ocean views. Three sunrise balconies. One extraordinary island lifestyle. Leave the city behind and discover your own piece of paradise in Key Largo!
MLS media linkGeneral Features
- Property Type
- Townhouse
- Status
- Active
- Year Built
- 1997
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- Three Or More / One
- Garage Spaces
- 0
- Parking
- Attached Carport / Covered / Carport
- Living Sq Ft
- 2,127
- Total Sq Ft
- 2,127
- Structure Type
- Townhouse
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Tile
- Interior Features
- None
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area
- Pool Features
- Heated
- Patio & Porch
- Patio / Porch
- Waterfront
- Yes
- Waterfront Features
- Ocean Front
- View
- Canal / Ocean / Water
Community & HOA
- HOA Fee
- $2,890 / Monthly
- HOA Includes
- Common Areas / Maintenance Structure
- Association Amenities
- Clubhouse / Maintenance Grounds / Pool
- Community Features
- Home Owners Association
- Security
- Phone Entry
- Pets Allowed
- Cats Ok / Dogs Ok / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 5940 - Other Florida County
Schools
- Elementary School
- Key Largo
- Middle School
- Key Largo
- High School
- Coral Shores
About the Community
- Homes for Sale
- 0
Frequently Asked Questions
- How do I schedule a tour of 1501 Ocean Bay Drive A1, Key Largo, FL 33037?
- Use the Tour button on this listing to request a showing of 1501 Ocean Bay Drive A1, Key Largo, FL 33037. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1501 Ocean Bay Drive A1, Key Largo, FL 33037 still available?
- 1501 Ocean Bay Drive A1, Key Largo, FL 33037 is currently listed as Active, and has been on the market 3 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1501 Ocean Bay Drive A1, Key Largo, FL 33037?
- With 20% down ($399,800) on the $1,999,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1501 Ocean Bay Drive A1, Key Largo, FL 33037 is about $10,506/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1501 Ocean Bay Drive A1, Key Largo, FL 33037?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1501 Ocean Bay Drive A1, Key Largo, FL 33037. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1501 Ocean Bay Drive A1, Key Largo, FL 33037 have an HOA fee?
- Yes: 1501 Ocean Bay Drive A1, Key Largo, FL 33037 carries an HOA fee of about $2,890 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1501 Ocean Bay Drive A1, Key Largo, FL 33037?
- 1501 Ocean Bay Drive A1, Key Largo, FL 33037 is zoned for Key Largo (elementary), Key Largo (middle), Coral Shores (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1501 Ocean Bay Drive A1, Key Largo, FL 33037?
- Often, yes. The right offer on 1501 Ocean Bay Drive A1, Key Largo, FL 33037 depends on how it's priced against comparable townhouse sales in Key Largo, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of American Caribbean Real Estate
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$1,999,000
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Listed by Maria Terry Canto, American Caribbean Real Estate
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