What $650,000 bought on Ocean Bay Drive: A Monroe County home

Published Sep 19, 2025

The unit at 1530 Ocean Bay Drive in Key Largo was sold on Aug. 27, 2025 for $650,000 which works out to $547 per square foot. The condominium, built in 1993, has an interior space of 1,188 square feet. The layout of this condominium includes two bedrooms and two baths. The lot size of the property measures 1.8 acres.

Other units have recently been sold nearby:

· In April 2022, a 1,935-square-foot unit at 1540 Ocean Bay Drive in Key Largo sold for $1,000,000, a price per square foot of $517. The unit has 3 bedrooms and 2 bathrooms.

· A 1,935-square-foot unit at 1540 Ocean Bay Drive in Key Largo sold in January 2025 for $1,095,000, a price per square foot of $566. The unit has 3 bedrooms and 2 bathrooms.

· At 1500 Ocean Bay Drive in Key Largo in June 2025, a 925-square-foot unit was sold for $800,000, a price per square foot of $865. The unit has 2 bedrooms and 2 bathrooms.