Florida Keys Development Selects Management

The luxury condominium project, currently under construction 50 miles south of Miami, is nearing completion and will feature 27 units.

By Jeff Hamann

121 Marina in Key Largo, Fla.

121 Marina in Key Largo, Fla.

Blue Jay Capital, one of the developers of 121 Marina at Ocean Reef, a 27-unit luxury condominium development in Florida Keys, has selected Atlantic | Pacific Management to operate the asset. The property, which broke ground in 2016, is anticipated to open in spring 2018. The project is a joint venture between Blue Jay, Ocean Reef Club and Compass Development.

Located at 121 Beach Road, the project site is located in the center of Key Largo’s Ocean Reef Club, approximately 50 miles south of Miami. A wide range of restaurants and shops sit in the immediate area, part of the larger country club. The community’s four three-story buildings will offer a mix of three-, four- and six-bedroom units, ranging in size from 3,560 to 9,011 square feet.

Community amenities include a swimming pool with a sun deck, a 24-hour fitness center, a private yoga lawn, a club room and 10 boat spaces exclusively for the development. Individual units come with two garage spaces, pre-wired Wi-Fi and a covered terrace with an outdoor kitchen.

Image courtesy of Blue Jay Capital