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Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co. - Footer Logo
$849,900
For Sale

1530 Ocean Bay Drive #207

Key Largo, FL 33037
2 beds | 2.00 baths | #617490
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1530 Ocean Bay Drive #207
41 photos
Type:Purchase
Structure:House
Zone:Residential

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 has the potential to generate $80,000-$100,00 in rental income annually. 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.

  • Property Details
      • SubdivisionKawama Tower (100.0)
      • Property TypePurchase
      • MLS #617490
      • Cost849900
      • MLS #617490
      • Bathrooms2.00
      • Year Built1993
      • Bedrooms2
      • Property SubtypeA

Location

Legal

Notice: This listing provided courtesy of Florida Keys MLS (FLKEYSMLS). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.

Last Updated: Yesterday at 9:45 PM. Source: FLKEYSMLS

Provided By
Listing Agent: Diana Valbuena (#3311963), Phone: (305) 721-5775, Email: valbuenapartners@gmail.com
Listing Office: Pedrin of Miami Realty, Inc. (#1012567)

Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.Real Estate Group
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