Ad #7583177
MLS #619532
Agent is also the owner. This property is being sold with over
1530 Ocean Bay Dr 304, Key Largo, FL 33070
$859,900
2Beds
2Baths
1,188Sqft
--Acres
About this property
Agent is also the owner. This property is being sold with over 100 5 STAR reviews on . 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.
Property Features
2 Beds
2 Baths
1,188 Sqft
Built in 1993
0.000 Acres
Beachview
On Beachfront
Open
Siding: CBS
Concrete Roof
Has Swimming Pool
Hot Water(Heating)
$5,028 / yr property tax
Monroe County
Kawama Tower (1) Community
Additional Photos
Contact Information
Diana Valbuena
Pedrin of Miami Realty, Inc.
305-721-5775
Location
Listing Agent: Diana Valbuena (License #: 3311963) 305-721-5775
Broker: Pedrin of Miami Realty, Inc. 305-200-1125 Listing Site
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Pedrin of Miami Realty, Inc. 305-200-1125 Listing Site
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$859,900
2
Beds
2
Baths
1,188
Sqft
1530 Ocean Bay Dr 304, Key Largo, FL 33070
By contacting this agent you agree to these Terms and Conditions.
MLS# 619532
Agent is also the owner. This property is being sold with over
$859,900
1530 Ocean Bay Dr 304, Key Largo, FL 33070
2
Beds
2
Baths
1,188
Sqft
--
Acres
$859,900
1530 Ocean Bay Dr 304, Key Largo, FL 33070
2 Beds
2 Baths
1,188 Sqft
-- Acres
Agent is also the owner. This property is being sold with over 100 5 STAR reviews on . 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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Property Details
HOME DETAILS
2 Beds
2 Baths
1,188 Sqft
Built in 1993
0.000 Acres
BEACH & VIEW
Beachview
On Beachfront
EXTERIOR
Open
Siding: CBS
Concrete Roof
Has Swimming Pool
INTERIOR
Hot Water(Heating)
FINANCIAL & COMMUNITY
$5,028 / yr property tax
Monroe County
Kawama Tower (1) Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7583177
Viewed
0 time
Listing Status
Pending
Added
Apr 16, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Florida Keys Board of REALTORS®
Source Property ID
619532
Listing Agent: Diana Valbuena (License #: 3311963) 305-721-5775
Broker: Pedrin of Miami Realty, Inc. 305-200-1125 Listing Site
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Pedrin of Miami Realty, Inc. 305-200-1125 Listing Site
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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