What $845,000 bought on Ocean Bay Drive: A Monroe County home

Published Sep 4, 2025

The property at 1500 Ocean Bay Drive in Key Largo was sold on Aug. 8, 2025 for $845,000 which represents a price per square foot of $918. The condominium, built in 1983, has an interior space of 920 square feet. The layout of this condo includes two bedrooms and two baths. The unit occupies a sizable 3.3-acre lot.

Other units that have recently changed hands close by include:

· A 1,188-square-foot unit at 1530 Ocean Bay Drive in Key Largo sold in July 2022 for $750,000, a price per square foot of $631. The unit has 2 bedrooms and 2 bathrooms.

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

· At 1530 Ocean Bay Drive in Key Largo 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.