Under contract
  • Price cut: $20K (7/4)
    $825,000

    1530 Ocean Bay Dr APT 509, Key Largo, FL 33037

    2beds
    1,188sqft
    : 
    Condominium, Residential - Condo/Townhouse
    Built in 1993
    -- sqft lot
    $786,500 Zestimate®
    $694/sqft
    $1,350/mo HOA

    What's special

    Beach accessTennis courtsOpen and airy condoDirect panoramic ocean viewsPlenty of natural lightSpacious split-bedroom layoutUpdated kitchen
    Top-Floor Oceanfront Condo | STR Rentals Approved | Income-ProducingInvestor alert! This stunning top-floor 2BD/2BA condo in Kawama Tower offers breathtaking panoramic ocean views and is fully approved for short-term rentals--making it a rare and highly desirable income-producing property in Key Largo.Turn-key and rental-ready, the unit features impact windows and doors, an updated kitchen, new flooring, stylish bathrooms, and a spacious split-bedroom layout ideal for hosting guests. Balcony overlooking the ocean view. Maximize returns with high nightly rental rates, year-round demand, and a proven STR market in this sought-after location.Set in a gated, resort-style community with a private beach, deep-water marina to rent a slip, boat ramp, pool, tennis pickle ball courts, and 24/7 security, this property offers strong appreciation potential and immediate cash flow.Whether you're looking to expand your portfolio, complete a 1031 exchange, or own a piece of paradise--this property ticks all the boxes.It offers an excellent balance of lifestyle, convenience, and income potential. Unit 509 is a premium pick in Kawama Tower - Act now to secure your own slice of Key Largo paradise! Exceptional location, stunning views, and impressive amenities and rental income --your dream Island and oceanfront lifestyle awaits!
    119 days
    on Zillow
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