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 courts, playground, boat ramp, on-site security, and more. Highlights: Fully renovated 2/2 with designer finishes Oceanfront community with marina views One of the few Key Largo neighborhoods permitting short-term rentals Turnkey and ready for immediate occupancy or rental Resort amenities: pools, lagoon, beach, tennis, boat ramp, 24/7 security Gated community at MM 100, close to Pennekamp, dining, and shopping This 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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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
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