1530 Ocean Bay Drive #304, Key Largo, FL 33070

Local realty services provided by:CENTURY 21 Circle
1530 Ocean Bay Drive #304,Key Largo, FL 33070
$859,900
  • 2 Beds
  • 2 Baths
  • 1,188 sq. ft.
  • Condominium
  • Active
Listed by: diana valbuena
Office: pedrin of miami realty, inc.
MLS#:619532
Source:FL_FKBOR

Price summary

  • Price:$859,900
  • Price per sq. ft.:$723.82

About this home

Agent is also the owner. This property is being sold with over 100 5 STAR reviews on VRBO. This many reviews take years to attain. Kawama Tower is one of the very few communities in Key Largo that legally allows short-term daily rentals, making this an exceptional investment opportunity with strong passive-income potential. This property has generated over $110,000 per year in rental income for the last 3 years . 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...

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Home facts

  • Year built:1993
  • Listing ID #:619532
  • Added:1 day(s) ago
  • Updated:April 28, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Kitchen Description:Built-in Cabinets, Quartz Countertops
  • Living area:1,188 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans(s), Central Air
  • Heating:Hot Water

Structure and exterior

  • Year built:1993
  • Building area:1,188 sq. ft.
  • Exterior Features:Built-in Grill, Chickee Hut, Tennis Court(s)

Finances and disclosures

  • Price:$859,900
  • Price per sq. ft.:$723.82
  • Tax amount:$5,027

Features and amenities

  • Amenities:Built-in Cabinets, Drapes Included, Fire Sprinkler, Smoke Alarms, Window Treatments

Parking

  • Parking description:Open