$859,900

1530 Ocean Bay Dr Apt 210, Key Largo, FL 33037

  • 2 beds |
  • 2 baths |
  • 1,188 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1993
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $724/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Agent is also the owner. Welcome to Kawama Tower, one of the very few communities in Key Largo that legally allows short-term rentals, making this an exceptional investment opportunity with strong passive-income potential. This property had $84,000 in rental income in an average of 10 months. Kawama Tower is approved for DSCR loans that are based solely on potential rental income. Contact Listing agent/ Owner for details. This beautifully updated 2-bedroom, 2-bath condo with a great view has been fully remodeled by a professional interior designer, offering a modern coastal aesthetic, turnkey furnishings, and a spacious layout ideal for both personal enjoyment and rental guests.Located in an oceanfront, gated resort community, this unit offers marina views and access to premium amenities including a private sandy beach, saltwater lagoon, heated pools, tennis courts, playground, boat ramp, on-site security, and more.Highlights:Fully renovated 2/2 with designer finishesOceanfront community with marina viewsOne of the few Key Largo neighborhoods permitting short-term rentalsTurnkey and ready for immediate occupancy or rentalResort amenities: pools, lagoon, beach, tennis, boat ramp, 24/7 securityGated community at MM 100, close to Pennekamp, dining, and shoppingThis is a rare opportunity to own a high-performing, short-term rental in one of the most desirable oceanfront communities in the Upper Keys.

Listing Status:
Active
Listing Office:
Pedrin of Miami Realty, Inc. : (305) 200-1125
Listing Agent:
Diana Valbuena : (305) 721-5775
MLS ID:
617677
  • General: Drapes/Blinds InclBuilt-in CabinetsQuartz CountertopsWindow TreatmentsSmoke AlarmsFire SprinklerElevatorSplit Bedroom
  • Flooring: Vinyl
  • A/C: Central Air
  • Disability Feature: None
  • General: Built-in GrillTennis Court(s)Chickee Hut
  • Pool: YesIn Ground
  • Roofing: Concrete Roof
  • County: Monroe
  • Zoning: UR - Urban Residential Distrit884340200090495-000210
  • Utilities: Municipal SewerCable Available

This listing courtesy of Diana Valbuena, Pedrin of Miami Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Key Largo School

104801 Overseas Hwy, Key Largo, FL, 33037

Grades PK-8

6.19 miles away

K

Key Largo School

104801 Overseas Hwy, Key Largo, FL, 33037

Grades PK-8

6.19 miles away

C

Coral Shores High School

89901 Old Hwy, Tavernier, FL, 33070

Grades 9-12

8.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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