1525 Ocean Bay Drive

Key Largo, FL 33037

$4,950,000
Price
3
Beds
3
Baths
1
1/2 Bath
3,363 Sq. Ft.
$1,472 / Sq. Ft.
3,363
Sq. Ft.
$1,472
per Sq. Ft.

Description

Escape to paradise with this exceptional oceanfront home located on over 2 acres of preserved, gated nature in Key Largo. Secluded and surrounded by the serene beauty of the Florida Keys, this concrete masterpiece boasts three bedrooms, offering a blend of comfort and luxury. Cathedral ceilings amplify the sense of space and light, creating an open and inviting atmosphere throughout the home. The spacious and detailed kitchen features modern appliances and seamlessly integrates with the dining area,...Escape to paradise with this exceptional oceanfront home located on over 2 acres of preserved, gated nature in Key Largo. Secluded and surrounded by the serene beauty of the Florida Keys, this concrete masterpiece boasts three bedrooms, offering a blend of comfort and luxury. Cathedral ceilings amplify the sense of space and light, creating an open and inviting atmosphere throughout the home. The spacious and detailed kitchen features modern appliances and seamlessly integrates with the dining area, providing a perfect setting for casual meals and lavish gatherings. Floor-to-ceiling windows and sliding glass doors lead to an expansive patio, merging indoor and outdoor living spaces. The crown jewel of this oceanfront abode is the very large primary bedroom, a private sanctuary with panoramic views. The ensuite bathroom features luxurious amenities and a deep soaking tub, creating a spa-like retreat. Outside, the property offers a rare and coveted deep water deeded boat slip with a boat lift at Kawama Marina, just a short stroll away. Boating enthusiasts will appreciate the convenience and accessibility to the crystal-clear waters and vibrant marine life that the Florida Keys are renowned for. The grounds are surrounded by lush greenery and swaying palms and provide a sense of seclusion and tranquility. Enjoy the gentle ocean breeze from your private oasis, or take a short walk to the nearby marina for a day of boating and water adventures. This oceanfront retreat is not just a home; it's a lifestyle. The property stands as a blank canvas, awaiting visionary owners to take it to the next level. Your dreams and aspirations can come to life as you mold this coastal sanctuary into a personalized masterpiece.
  1. Listed by Pierre Marc Bellion • Ocean Sotheby's International Realty

Property Details for 1525 Ocean Bay Drive

Waterfront
Oceanfront, Open Water
Waterfront
Yes
Zoning
IS - Improved Subivision District
Subdivision
Unplatted MM 97 - 107 (98.0)
Vehicle Storage
Assigned Parking, Trailer Storage, Covered Parking, Guest Parking, Carport
Pets
Pets Allowed

Location

Listing Courtesy of Ocean Sotheby's International Realty
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LISTING UPDATED: 02/15/2024 01:39 PM

Property Details for 1525 Ocean Bay Drive

StatusActive
MLS #608740
Days on Market89
Taxes$8,190 / year
HOA Fees$690 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1994
Lot Size2.15 AC / 93,740 SF
CountyMonroe County

Location

Listing Courtesy of Ocean Sotheby's International Realty
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Building Information for 1525 Ocean Bay Drive

Stories-Year Built1994Building Size-Lot Size2.15 AC / 93,740 SF

Payment Calculator

$27,927 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,014

Property Taxes

$683

HOA Dues

$230

The Payment Calculator is for illustrative purposes only.

Property Information for 1525 Ocean Bay Drive

Summary
Location and General Information
  • Waterview: Ocean View
  • Area: 27 - Key Largo MM 97-107
  • Absolute Longitude: 80.44033
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Florida Keys
  • Side: Ocean
  • Mile Marker: 98.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key Largo
Owner
  • Owner Name: Cooper Alan R Revocable Trust
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Common Area Mnt
  • Furnished: Unfurnished
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 2.15
  • Parcel #: 00090400-000200
  • Land Size: 2 Less Than 5 Acres
Property and Assessments
  • Legal: 4 62 39 ISLAND OF KEY LARGO PT GOV LOT 1 OR380-398 OR490-448 OR490-446 OR1130-86 OR2214-207/08 OR2214-209/10 OR2234-2077
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE,AE,VE,VE,VE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 58
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: Cable Available, Municipal Sewer, Elect Separate Meter, FKAA
  • Pub Sewer HkUp: Yes
  • Pool: No
  • Porch/Balcony: Deck, Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Interior Features: Built-in Cabinets, Walk-in Closet(s), Granite Counter Top, Cathedral Ceilings
  • Appliances: Dishwasher, Wine Cooler, Washer, Stainless Steel Appliance(s), Refrigerator, Freezer, Dryer
Exterior Features
  • Shutters: Accordion, Panel
  • Construction: CBS
  • Dockage: Assigned Dock, Boat Lift, Boat Slip
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
Room Information
  • Specialty Rooms: Laundry Room

Property History for 1525 Ocean Bay Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1525 Ocean Bay Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$8,190 ($682 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt3,363 SqFtAbove Grade Finished SqFt3,363 SqFtStories3Lot Size89,549 SqFtStyleSingle Family ResidenceYear Built1994Year Renovated2000CountyMONROEAPN00090400-000200

Schools near 1525 Ocean Bay Drive

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 1 to 12
Charter - K to 5
Public - 9 to 12
Rating
School
Distance
Key Largo School
PublicPK to 8

Key West High School
Public1 to 12

Ocean Studies Charter
CharterK to 5

Coral Shores High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1525 Ocean Bay Drive is a single family home for sale in Key Largo, FL 33037. This property was listed for sale on February 9, 2024 by Ocean Sotheby's International Realty, it's currently listed at $4,950,000. It has been on the market for a total of 89 days and was last sold on May 27, 2015. This listing's school district is Monroe. Nearby schools include Key Largo School, Key West High School and Ocean Studies Charter. 1525 Ocean Bay Drive is a 3-bed, 3.5-bath, 3,363 sqft single family home built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ocean Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.