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1530 Ocean Bay Drive , #210

Key Largo, FL 33037
  • $859,900
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 617677
$859,900
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,188
    SQFT
  • $724
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1993
County:

School Ratings & Info

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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.saltwaterkeys.com/homes/171303805
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1530 Ocean Bay Drive , #210 Key Largo, FL 33037

  • Price: $859,900
  • Status: Active
  • On Site: 38 Days
  • MLS #: 617677
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,188
SQFT
$724
$/SQFT
1993
Built
Neighborhood:
Kawama Tower (100.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
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.
Exterior Features

Above Flood Yes Construction CBS Dockage None Exterior Features Built-in GrillTennis Court(s)Chickee Hut Floor Number 2.00 Land Size 5 Less Than 10 Acres Pool Info In Ground Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/Balcony Roof Concrete Roof Side Ocean Style Condo Vehicle Storage Open Parking Waterfront Oceanfront Waterfront YN Yes Waterview Ocean ViewHarbor/Marina View

Interior Features

Appliances WasherStainless Steel Appliance(s)FreezerMicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Central Air Floor Vinyl Furnished Furnished Interior Features Drapes/Blinds InclBuilt-in CabinetsQuartz CountertopsWindow TreatmentsSmoke AlarmsFire SprinklerElevatorSplit Bedroom Pre Wired Cable Specialty Rooms Laundry Room Windows Doors Single Hung Windows

Property Features

Accessibility Features Parking Assoc Fee 1440.00 Assoc Hoa YN Yes Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City KEY LARGO Condo Unit Complex Complex Control Depth 4 Deed Restrictions Unknown Fee Includes Cable Flood Zone AE Handicap Access No Listing Board Florida Keys Mile Marker 100.00 Min Rental Days 1.00 Neighborhood Features Tennis Courts Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Security Manned Gate Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2024 Taxes 3968.34 Terms CashOther SpecifyConventional Title Title Ins - Buyer Utilities Municipal SewerCable Available Zoning UR - Urban Residential Distrit

Listing courtesy of Diana Valbuena of Pedrin of Miami Realty, Inc.: (305) 200-1125.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Saltwater Real Estate Florida Keys Inc
1075 Duval Street Ste 15C
Key West FL, 33040