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
For sale
$355,000
101551 Overseas Hwy #159, Key Largo, FL 33037
2beds
416sqft
Mobile Home
Built in 2019
1,742 Square Feet Lot
$334,100 Zestimate®
$853/sqft
$300/mo HOA
What's special
Waterfront areasIn-unit washer and dryerVaulted ceilingsWater accessStorage for fishing gearNatural lightCovered seating area
- 168 days
- 602
- 46
Zillow last checked:
Listing updated:
Listed by:
Anthony Pallaria 305-923-3088,
Coldwell Banker Schmitt Islamorada
Source: FLKMLS,MLS#: 619126
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Cooling
- Ductless
Appliances
- Included: Washer, Dryer, Refrigerator, Oven
Features
- Flooring: Laminate
- Furnished: Yes
Interior area
- Total structure area: 416
- Total interior livable area: 416 sqft
Property
Parking
- Parking features: Storage
Features
- Exterior features: Storage
Lot
- Size: 1,742 Square Feet
- Dimensions: 31 x 67
Details
- Additional structures: Gazebo, Shed(s)
- Parcel number: 00086790015900
- Zoning: RV - Recreational Vehicle District
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Mobile Home
Materials
- Manufactured
Condition
- Year built: 2019
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Community Boat Ramp, Clubhouse, Beach, Other
- Security: Gated with Guard
- Subdivision: Key Largo Kampground (101.5)
HOA
- Has HOA: No
- Services included: Cable TV, Sewer, Common Area Mnt, Security
- HOA fee: $300 monthly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $853/sqft
- Tax assessed value: $335,904
- Annual tax amount: $1,695
- Date on market: 3/19/2026
- Listing terms: Cash,Other
Estimated market value
$334,100
$317,000 - $351,000
$2,589/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $355,000-10.1%$853/sqft |
Source: | ||
| 11/5/2025 | Listing removed | $395,000$950/sqft |
Source: | ||
| 9/26/2025 | Price change | $395,000-1.1%$950/sqft |
Source: | ||
| 8/19/2025 | Price change | $399,500-2.3%$960/sqft |
Source: | ||
| 2/7/2025 | Price change | $409,000-2.4%$983/sqft |
Source: | ||
| 1/21/2025 | Price change | $419,000-4.6%$1,007/sqft |
Source: | ||
| 7/17/2024 | Price change | $439,000-2.2%$1,055/sqft |
Source: | ||
| 4/27/2024 | Listed for sale | $449,000+1022.5%$1,079/sqft |
Source: | ||
| 10/2/1995 | Sold | $40,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,695 +5.5% | $180,285 +2.9% |
| 2024 | $1,607 +21.5% | $175,205 +3% |
| 2023 | $1,322 +5.7% | $170,102 +3% |
| 2022 | $1,251 -10% | $165,148 +3% |
| 2021 | $1,390 +49% | $160,338 +1232.8% |
| 2020 | $933 | $12,030 -90.7% |
| 2019 | $933 +5.1% | $129,562 +28.4% |
| 2018 | $888 +13.5% | $100,876 |
| 2017 | $782 +1.7% | $100,876 +58.4% |
| 2016 | $770 +18.3% | $63,682 +20% |
| 2015 | $650 | $53,084 |
Find assessor info on the county website





