101551 Overseas Highway 159, Key Largo, FL 33037

$355,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 416 Lot Size (sq. ft.): 1,930 Status: Active
Current Price: $355,000 List Date: 3/19/2026 Last Modified: 3/26/2026

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

More Information MLS# 619126

Contract Information

Current Price: $355,000 Listing Date: 2026-03-19 Listing Board: Florida Keys List Price: $355,000 Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 101551 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Key Largo Kampground (101.5) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Single Family Style: Mobile Home Waterfront: No Pool: No Year Built: 2019 Lot Size: 31 x 67 Lot SqFt: 1930 Lot Sqft Source: Tax Records Acres: 0.04 Living Apx SqFt: 416 SqFt Source: Tax Records Total Bedrooms: 2 Full Baths: 1 Half Baths: 1 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 1

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No Condo Doc's: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 299.83 Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 2

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: Cable; Common Area Mnt; Security; Sewer Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Trailer Storage Furnished: Furnished Cooling: Ductless Utilities: Cable Available; FKAA; Municipal Sewer Appliances: Dryer; Oven; Refrigerator; Washer Exterior Features: Gazebo; Shed; Storage Construction: Manufactured Floor: Laminate Roof: Metal Roof Neighborhood Feature: Beach; Clubhouse; Community Boat Ramp; Community Pool; Other Area Features Security: Manned Gate Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: March - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.