Condominium sells for $800,000 in Key Largo

Published Jul 14, 2025

A condominium located at 1500 Ocean Bay Drive in Key Largo has a new owner. The 925-square-foot property, built in 1983, was sold on June 5, 2025 for $800,000, or $865 per square foot. This condominium features two bedrooms and two baths. The property encompasses a generous 3.3 acres of land.

Additional units have recently been sold nearby:

· In November 2021, a 1,999-square-foot unit at 1530 Ocean Bay Drive in Key Largo sold for $900,000, a price per square foot of $450. The unit has 3 bedrooms and 2 bathrooms.

· At 1530 Ocean Bay Drive in January 2022, a 1,188-square-foot unit was sold for $594,000, a price per square foot of $500. The unit has 2 bedrooms and 2 bathrooms.

· A 1,188-square-foot unit at 1530 Ocean Bay Drive in Key Largo sold in January 2022 for $642,500, a price per square foot of $541. The unit has 2 bedrooms and 2 bathrooms.