101551 Overseas Highway 159 Unit 159, Key Largo, FL 33037

Property 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 flexibility 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