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1530 Ocean Bay Drive , #508

Key Largo, FL 33037
  • $819,900
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 615672
UPDATED: 71 min ago
$819,900
  • 2
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,188
    SQFT
  • $690
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1993
County:

School Ratings & Info

Description

Turnkey investment opportunity in the heart of Key Largo! This property qualifies for special financing where personal income verification is not required. Approval is based solely on the property's proven or projected rental income, making it an ideal opportunity for investors seeking a high-return vacation rental or short-term rental property. Property has potential to generate over $100,000 per year in rental income. This updated 2BR/2BA condo at Kawama Yacht Club Tower (Unit 508) is being sold as a potentially high-performance short-term rental. Rare legal daily rental zoning ideal for maximizing occupancy and cash flow. Fully furnished, impact windows, beautifully maintained, and ready to generate revenue from day one. Resort amenities include marina, pools, beach, tennis, pickleball and 24/7 gated security. Excellent ROI in one of the most desirable waterfront communities in the Florida 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 Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/165535386
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1530 Ocean Bay Drive , #508 Key Largo, FL 33037

  • Price: $819,900
  • Status: Active
  • On Site: 9 Days
  • Updated: 71 min ago
  • MLS #: 615672
2
Beds
2
Baths
0
½ Baths
0.03
Acres
1,188
SQFT
$690
$/SQFT
1993
Built
Neighborhood:
Kawama Tower (100.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
Turnkey investment opportunity in the heart of Key Largo! This property qualifies for special financing where personal income verification is not required. Approval is based solely on the property's proven or projected rental income, making it an ideal opportunity for investors seeking a high-return vacation rental or short-term rental property. Property has potential to generate over $100,000 per year in rental income. This updated 2BR/2BA condo at Kawama Yacht Club Tower (Unit 508) is being sold as a potentially high-performance short-term rental. Rare legal daily rental zoning ideal for maximizing occupancy and cash flow. Fully furnished, impact windows, beautifully maintained, and ready to generate revenue from day one. Resort amenities include marina, pools, beach, tennis, pickleball and 24/7 gated security. Excellent ROI in one of the most desirable waterfront communities in the Florida Keys.
Exterior Features

Above Flood Yes Construction CBSStucco Dockage Boat Ramp Exterior Features Tennis Court(s) Land Size 10 or more Acres Pool Info In Ground Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/Balcony Side Ocean Stories 5 Stories Style Condo Vehicle Storage Open Parking Waterfront Oceanfront Waterfront YN Yes Waterview Ocean View

Interior Features

Appliances WasherDisposalMicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Ceiling Fans(s) Floor Laminate Furnished Furnished Green Interior Features Programmable Thermst Interior Features Drapes/Blinds InclBuilt-in CabinetsWindow TreatmentsWalk-in Closet(s)Smoke AlarmsElevatorGranite Counter Top Pre Wired Cable Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Fee 1055.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Maintenance Fee 385.00 Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City KEY LARGO Condo Unit Complex Unit Control Depth 6 Deed Restrictions No Fee Includes CableSecurityCommon Area MntBuilding InsuranceBldg Exterior MntExterminatingSewer Flood Zone AEAE Handicap Access No Listing Board Florida Keys Mile Marker 100.00 Min Rental Days 1.00 Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2024 Taxes 4719.29 Terms CashConventional Title Title Ins - Buyer Utilities Cable Available Zoning MI - Maritime Industries District

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 Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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