$786,000
$825,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,188 SqFt
SOLD DATE : 08/25/2025
Key Details
Sold Price $786,000
Property Type Condo
Sub Type Residential - Condo/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,188 sqft
Price per Sqft $661
Subdivision Kawama Tower (100.0)
MLS Listing ID 614754
Sold Date 08/25/25
Style Condo
Bedrooms 2
Full Baths 2
Construction Status CBS,Concrete
HOA Fees $1,350/mo
HOA Y/N Yes
Rental Info Yes
Year Built 1993
Annual Tax Amount $6,290
Tax Year 2024
Property Sub-Type Residential - Condo/Townhouse
Property Description
Top-Floor Oceanfront Condo | STR Rentals Approved | Income-ProducingInvestor alert! This stunning top-floor 2BD/2BA condo in Kawama Tower offers breathtaking panoramic ocean views and is fully approved for short-term rentals--making it a rare and highly desirable income-producing property in Key Largo.Turn-key and rental-ready, the unit features impact windows and doors, an updated kitchen, new flooring, stylish bathrooms, and a spacious split-bedroom layout ideal for hosting guests. Balcony overlooking the ocean view. Maximize returns with high nightly rental rates, year-round demand, and a proven STR market in this sought-after location.Set in a gated, resort-style community with a private beach, deep-water marina to rent a slip, boat ramp, pool, tennis pickle ball courts, and 24/7 security, this property offers strong appreciation potential and immediate cash flow.Whether you're looking to expand your portfolio, complete a 1031 exchange, or own a piece of paradise--this property ticks all the boxes.It offers an excellent balance of lifestyle, convenience, and income potential. Unit 509 is a premium pick in Kawama Tower - Act now to secure your own slice of Key Largo paradise! Exceptional location, stunning views, and impressive amenities and rental income --your dream Island and oceanfront lifestyle awaits!
Location
State FL
County Monroe
Area 27 - Key Largo Mm 97-107
Building/Complex Name Unit
Zoning SR - Sub Urban Residential District
Rooms
Other Rooms Laundry Room
Interior
Interior Features Split Bedroom, Quartz Countertops, Storage, Granite Counter Top
Heating Central Air
Cooling Central Air
Flooring Tile
Furnishings Furnished
Appliance Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior
Exterior Feature Sandy Beach, Tennis Court(s)
Parking Features Assigned Parking, Trailer Storage, Guest Parking
Pool In Ground, Concrete
Community Features Community Pool, Bike Paths, Beach, Tennis Courts, Community Boat Ramp
Utilities Available FKAA, Municipal Sewer
Waterfront Description Oceanfront,Open Water
View Ocean View, Open Water View
Roof Type Concrete Roof
Porch Open Porch/Balcony
Private Pool Yes
Building
Story 5 Stories
Sewer Yes
Construction Status CBS,Concrete
Others
SqFt Source Tax Records
Security Features Manned Gate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Updated/Remodeled
Pets Allowed Pets Allowed
Read Less Info
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