Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.
    • SEARCH
    • FEATURED LISTINGS
    • VIDEOS
    • SOLD
    • ABOUT
      • Learn More
      • Meet Lisa
      • Communities
      • Buying
      • Selling
      • Our Testimonials
    • CONTACT

    Contact

    • (561) 386-4952
    • lisa@cbschmitt.com

    Get in Touch

    Office

    • Office555 West 5th StreetLos Angeles, California(424) 325-0643support@closehack.com
    • 11050 Overseas HighwayMarathon, Florida 33050

    Home

    • SEARCH
    • FEATURED LISTINGS
    • VIDEOS
    • SOLD
    • ABOUT
    • CONTACT

    Account

    • Login
    • Sign Up
    © 2025 Coldwell Banker Schmitt Real Estate Co. All rights reserved.
    Website built by CloseHack.
    • Privacy
    • Terms
    • DMCA
    • Accessibility
    • Fair Housing
    Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co. - Footer Logo
    $859,900
    For Sale

    1530 Ocean Bay Drive #210

    Key Largo, FL 33037
    2 beds | 2.00 baths | #617677
    • Save
    • Contact
    • Share
    • Price Change Alerts
    60 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 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.

    • Property Details
        • SubdivisionKawama Tower (100.0)
        • Property TypePurchase
        • MLS #617677
        • Cost859900
        • MLS #617677
        • 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: Today at 10:11 AM. 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
    Facebook
    Google
    OR

    Interested in Purchasing 1530 Ocean Bay Drive #210?

    Get an estimate on monthly payments on this property.

    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

    Estimated Monthly Payment
    $0.00
    Loan Amount
    $0.00
    $
    years

    Down Payment

    $
    %
    10.0%

    Interest Rate

    %
    6.0%

    Tax Rate

    %
    2.6%
    $
    $
    annually
    $
    monthly