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101551 Overseas Highway HIGHWAY #159

KEY LARGO, FL 33037

$355,000 $1,496/Mo

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Overview

Bed

Bath

416

Acres

Description

Water access, short term rental income potential, and close proximity to Miami make this a compelling investment property in Key Largo. Located at the front of the Florida Keys, the property is an easy drive from Miami and attractive for vacation rental use, with demand driven by drive-in traffic from the Miami market and year-round tourism to the Florida Keys.This is a true real property purchase where you own the land. True one-day rentals are allowed, which is rare in the Florida Keys and creates a clear advantage for maximizing short term rental income and occupancy.The 2019 park model is set up for personal use and vacation rental performance, offering a two-bedroom, one and a half bath layout with a loft for additional sleeping or living space. Two separate entrances create flexibili ty and privacy, allowing the property to accommodate multiple guests comfortably. The home sits on a well-cured concrete slab, providing added stability and durability.Inside, the home is clean and well maintained, with vaulted ceilings, natural light, a full-size kitchen, and an in-unit washer and dryer. A new air conditioning system includes a five-year warranty, reducing maintenance expenses.The community also offers on-site laundry facilities.Outdoor space includes a covered seating area, gazebo, and storage for fishing gear. Two parking spaces allow room for a boat or trailer, adding value for owners and renters.Key Largo Kampground is a gated community with a pool, clubhouse, boat ramp, waterfront areas, and two private beach areas for kayaking and paddleboarding, along with bocce, shuffleboard, volleyball, basketball, an on-site store, and a boat wash area.With deeded land ownership and true one-day rental capability, this property offers a flexible, income-producing opportunity in the Florida Keys.Opportunities with this level of flexibility and rental potential are limited in Key Largo, particularly with deeded land and true one-day rental capab

Property Details

Property Type : Residential - Single Family

Price : $355,000

AD Id : 76267507

MLS Id : 619126

Beds : 2

Living Area Size : 416

Year Built : 2019

County : Monroe

Subdivision: Key Largo Kampground (101.5)

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 2

Bathroom Information

Total Baths: 2 Full Baths: 1 Half Baths: 1
Interior Features

Appliances: Washer,Oven,Refrigerator,Dryer
Roofing Information

Metal Roof

Flooring Information

Laminate

Heating & Cooling

Cooling: Ductless Water Front: No None No Waterview

Building Information

Year Built: 2019 Total Units: 0.00 Floor Location: 1930 Construction: Manufactured Security System: Manned Gate Roof: Metal Roof
Exterior Features

Gazebo,Storage,Shed

Lot Information

Lot Dimensions: 31 x 67 Lot SqFt: 1,930 Lot SqFt Source: Tax Records UNIT 159 KEY LARGO KAMPGROUND AND MARINA A CONDOMINIUM OR837-1924 OR886-229 OR971-1644D/C OR971-1646 OR971-1648 OR1371-2
Property Information

SQ ft (Living Area): 416 View: No Waterview Subdivision: Key Largo Kampground (101.5)

Listing Price Information

List Price: $355,000
Listing Information

Cash,Other Specify

Tax Information

Taxes: $1,695 Tax Year: 2025 Parcel Number: 00086790-015900 Tax Exemptions: Homestead

Virtual Tour

Virtual Tour (External Link)
Multi-Unit Information

Restrict: YES
Homeowners Association Information

Mandatory Home Owners Asc: No Condo Doc's: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee: $299.83 Assoc/Mnt Fee Per: Monthly

Utility Information

FKAA,Cable Available,Municipal Sewer

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1210 Cactus St, Key Largo, FL, 33037	$1,695,000	4	5	3,120	3,120 SqFt
13 Old State Rd, Key Largo, FL, 33037	$415,000	2	1	784	784 SqFt
456 Bowie Ln, Key Largo, FL, 33037	$595,000	2	1	729	729 SqFt
26 Corrine Pl, Key Largo, FL, 33037	$1,849,000	3	4	3,520	3,520 SqFt
98703 Overseas Hwy, Key Largo, FL, 33037	$495,000	1	1	480	480 SqFt
721 Garden State Ln, Key Largo, FL, 33037	$750,000	2	2	1,068	1,068 SqFt
16 Bass Ave, Key Largo, FL, 33037	$4,500,000	4	6	4,251	4,251 SqFt
20 Eagle Dr, Key Largo, FL, 33037	$1,590,000	4	4	1,350	1,350 SqFt
812 S Silver Cir, Key Largo, FL, 33037	$478,000	3	2	1,392	1,392 SqFt
720 Boyd Dr, Key Largo, FL, 33037	$1,340,000	3	3	1,968	1,968 SqFt