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2 Beds
2 Baths
416 sqft

$355,000

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

Price per sqft$853.37
Built in2019
Property size416 sqft
Property typeResidential

Overview

Active

Listed Mar 19, 2026

Updated May 16

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

$2,362/mo

Est. mortgage payment based on a $355,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
619126

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$1,695
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
Furnished
Yes
MLS provider logo

Listed by Anthony Pallaria with Coldwell Banker Schmitt Islamorada
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 5/16/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 5/16/2026 at 5:15 AM UTC

 

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