$819,900
For Sale

1530 Ocean Bay Drive #508

Key Largo, FL 33037
2 beds | 2.00 baths | #615672
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Turnkey investment opportunity in the heart of Key Largo! This property qualifies for special financing where personal income verification is not required. Approval is based solely on the property's proven or projected rental income, making it an ideal opportunity for investors seeking a high-return vacation rental or short-term rental property. Property has potential to generate over $100,000 per year in rental income. This updated 2BR/2BA condo at Kawama Yacht Club Tower (Unit 508) is being sold as a potentially high-performance short-term rental. Rare legal daily rental zoning ideal for maximizing occupancy and cash flow. Fully furnished, impact windows, beautifully maintained, and ready to generate revenue from day one. Resort amenities include marina, pools, beach, tennis, pickleball and 24/7 gated security. Excellent ROI in one of the most desirable waterfront communities in the Florida Keys.

  • Property Details
      • SubdivisionKawama Tower (100.0)
      • Property TypePurchase
      • MLS #615672
      • Cost819900
      • MLS #615672
      • Bathrooms2.00
      • Year Built1993
      • Bedrooms2
      • Property SubtypeA

Location

Lisa Wiebe | OldReal Estate Group
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Interest Rate

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6.0%

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2.6%
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