121 Marina will be the first new luxury residential development at Ocean Reef in nearly two decades after Blue Jay Capital founder Eric Soulavy announced the project will begin construction this spring.
The Key Largo development will have 29 residences, of three-bedroom and four-bedroom variety, ranging in size from 2,540 to 4,270 square feet.
"With 121 Marina, we are introducing a new legacy of luxury to the Ocean Reef community," Soulavy said. "For almost seven decades, many families and friends have made wonderful memories at the upscale private club. Now, we are happy to fuse contemporary living with the endless experiences that the club offers for future generations to enjoy."
The project was designed by Stofft Cooney with interiors by Edge of Architecture. Amenities include boat dockage, a junior Olympic-sized swimming pool, fitness center overlooking the pool and marina, kids club room, putting green, yoga lawn, and concierge services.
Units will start at $4 million and floor plans can be accessible here.
All images are courtesy of 121 Marina.