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101551 Overseas Hwy 159, Key Largo, FL 33037

Beds
2
Baths
2
Sqft
416

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Schmitt Islamorada
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Overview

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

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
2
Number of bathrooms
2
Square feet
416
Lot size (acres)
0.04
Year built
2019

Interior features

Laundry
In Unit Washer/Dryer

Exterior features

Water view
Yes

Utilities

Cooling
Ductless

Estimated monthly costs

HOA Fees
$300

Taxes

Tax Annual Amount (2025)
$1,695.17

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Florida Keys Board of Realtors MLS MLS®#: 619126 Last checked:

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.