1530 Ocean Bay Dr APT 509, Key Largo, FL 33037

Top-Floor Oceanfront Condo | STR Rentals Approved | Income-Producing Investor alert! This stunning top-floor 2BD/2BA condo in Kawama Tower offers breathtaking panoramic ocean views and is fully approved for short-term rentals—making it a rare and highly desirable income-producing property in Key Largo. Turn-key and rental-ready, the unit features impact windows and doors, an updated kitchen, new flooring, stylish bathrooms, and a spacious split-bedroom layout ideal for hosting guests. Balcony overlooking the ocean view. Maximize returns with high nightly rental rates, year-round demand, and a proven STR market in this sought-after location. Set in a gated, resort-style community with a private beach, deep-water marina to rent a slip, boat ramp, pool, tennis pickle ball courts, and 24/7 security, this property offers strong appreciation potential and immediate cash flow. Whether you're looking to expand your portfolio, complete a 1031 exchange, or own a piece of paradise—this property ticks all the boxes. It offers an excellent balance of lifestyle, convenience, and income potential. Unit 509 is a premium pick in Kawama Tower - Act now to secure your own slice of Key Largo paradise! Exceptional location, stunning views, and impressive amenities and rental income —your dream Island and oceanfront lifestyle awaits!