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Wade M. Berlin

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  4. 1530 Ocean Bay Drive 304, KEY LARGO, FL 33070
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1530 Ocean Bay Drive 304
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PRICED AT ONLY: $859,900

Address: 1530 Ocean Bay Drive 304, KEY LARGO, FL 33070

Description

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.

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More Like This
  • MLS#: 619532 ( Condominium )
  • Street Address: 1530 Ocean Bay Drive 304
  • Viewed: 2
  • Price: $859,900
  • Price sqft: $724
  • Waterfront: No
  • Waterfront Type: Oceanfront
  • Year Built: 1993
  • Bldg sqft: 1188
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 27

Description

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.
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Features
Building and Construction
  • Absolute Longitude: 80.443254
  • Construction: CBS
  • Exterior Features: Built-in Grill, Tennis Court(s), Chickee Hut
  • Floor Number: 3.00
  • Floor: Vinyl
  • Porchbalcony: Open Porch/Balcony
  • Roof: Concrete Roof
  • Sqft Source: Appraisal
  • Total Number Of Units: 1.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Open Parking
Eco-Communities
  • Off Shore Island: No
  • Pool Info: In Ground
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Handicap Access: No
  • Heating: 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: 2025
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Accessibility Feat: Parking
  • Alternate Key Num: 8843461
  • 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: No
  • Dockage: First Come Dock
  • 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 304 KAWAMA TOWER A CONDOMINIUM OR1335-1009 OR2029-2439/40 OR2627-523/25 OR2870-1241/42
  • Mile Marker: 100.00
  • Parcel Num: 00090495-000304
  • Pre Wired: Cable
  • Side: Ocean
  • Species List: No
  • Style: Condo
  • Unit Number: 304
  • Zoning: UR - Urban Residential Distrit
Nearby Subdivisions
Kawama Tower (100.0)   Ocean Pointe (92.5)  
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  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
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