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Wade M. Berlin

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1530 Ocean Bay Drive 210
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PRICED AT ONLY: $859,900

Address: 1530 Ocean Bay Drive 210, KEY LARGO, FL 33037

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.

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More Like This
  • MLS#: 617677 ( Condominium )
  • Street Address: 1530 Ocean Bay Drive 210
  • Viewed: 1
  • Price: $859,900
  • Price sqft: $724
  • Waterfront: Yes
  • Waterfront Type: Oceanfront
  • Year Built: 1993
  • Bldg sqft: 1188
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 108

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.
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Features
Building and Construction
  • Absolute Longitude: 80.443564
  • Construction: CBS
  • Exterior Features: Built-in Grill, Tennis Court(s), Chickee Hut
  • Floor Number: 2.00
  • Floor: Vinyl
  • Porchbalcony: Open Porch/Balcony
  • Roof: Concrete Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 48.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Open Parking
Eco-Communities
  • Off Shore Island: No
  • Pool Info Heated: Yes
  • Pool Info: In Ground
  • Water View: Ocean View, Harbor/Marina View
Utilities
  • Cooling: Central Air
  • Handicap Access: No
  • Heating: Central, Hot Water
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Security: Manned Gate
  • Utilities: Municipal Sewer, Cable Available
  • Windowsdoors: Single Hung Windows
Amenities
  • Neighborhood Feature: Tennis Courts
Finance and Tax Information
  • Association Info Association Fee: 1440.00
  • Fee Includes: Cable
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Accessibility Feat: Parking
  • Alternate Key Num: 8843402
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: Yes
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE
  • Furnished: Furnished
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Smoke Alarms, Fire Sprinkler, Elevator, Split Bedroom
  • Legal Description: UNIT 210 KAWAMA TOWER A CONDOMINIUM OR1282-100 OR1575-206 OR2547-784 OR3061-1939 OR3280-1721
  • Mile Marker: 100.00
  • Parcel Num: 00090495-000210
  • Pre Wired: Cable
  • Side: Ocean
  • Species List: No
  • Style: Condo
  • Unit Number: 210
  • Zoning: UR - Urban Residential Distrit
Nearby Subdivisions
Buttonwood Bay (96.0)   Calusa Campground (101.5)   Fisherman's Cove   Holiday By The Sea (100.0)   Kawama (100.0)   Kawama Tower (100.0)   Key Largo North - Marnier's Cl   Landings Of Largo (98.0)   Marina Del Rey   Moon Bay (104.0)   Ocean Pointe Suites   Tamarind Bay (104.5)  
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  2. The Real Estate Professional You Deserve
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  4. phoenixwade@gmail.com
Wade M. Berlin

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