Beach Homes Realty
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Waterfront

1530 ocean bay drive

Key Largo, FL 33070

$859,900

2 BEDS 2 BATHS
1,188 SQFT
Residential - Condo/Townhouse
Waterfront
Image 1: IMG_9391
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Bedrooms 2
Total Baths 2
Full Baths 2
Square Feet 1188
Status Active
MLS # 619532
County Monroe
More Info
Category Residential - Condo/Townhouse
Status Active
Square Feet 1188
MLS # 619532
County Monroe
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.
Location not available
Listing
Street
Satellite

Exterior Features

  • Style Condo
  • Construction Condo
  • Siding CBS
  • Exterior Built-in Grill, Tennis Court(s), Chickee Hut
  • Roof Concrete Roof
  • Garage Yes
  • Garage Description No, No
  • Water Municipal Sewer, Cable Available
  • Sewer Municipal Sewer, Cable Available
  • Lot Dimensions X

Interior Features

  • Appliances Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Heating Hot Water
  • Cooling Central Air, Ceiling Fans(s)
  • Living Area 1,188 SQFT
  • Year Built 1993

Financial Information

  • Parcel ID 8843461
  • Zoning UR - Urban Residential Distrit

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Pedrin of Miami Realty, Inc.
Listing Agent Diana Valbuena
Florida Keys, MLS
Listing data is current as of 07/02/2026.

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