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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

Overview

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 ...

Listing Details MLS# 619126

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
Unit #
159
City
KEY LARGO
Mile Marker
101.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE
Alternate Key #
8627025
Parcel #
00086790-015900
Zoning
RV - Recreational Vehicle District
Deed Restrictions
Unknown
Legal
UNIT 159 KEY LARGO KAMPGROUND AND MARINA A CONDOMINIUM OR837-1924 OR886-229 OR971-1644D/C OR971-1646 OR971-1648 OR1371-2
Taxes
1695.17
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Mobile Home
Waterfront
No
Pool
No
Year Built
2019
Lot SqFt
1930
Lot Sqft Source
Tax Records
Acres
0.04
Living Apx SqFt
416
SqFt Source
Tax Records
Total Bedrooms
2
Full Baths
Yes
Half Baths
Yes
Total Baths
2
Rentals Allowed
Yes
Min Rental Days
Yes
Control Depth
0
Total Units
0

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

More Information

Vehicle Storage

Car(s)
2
Trailer Storage
Yes

Financial Status

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

Remarks & Misc

Remarks – Consumer
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

Fee Includes

Cable
Yes
Common Area Mnt
Yes
Security
Yes
Sewer
Yes

Dockage

None
Yes

Tax Exemptions

Homestead
Yes

Appliances

Dryer
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Ductless
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Laminate
Yes

Neighborhood Feature

Beach
Yes
Clubhouse
Yes
Community Boat Ramp
Yes
Community Pool
Yes
Other Area Features
Yes

Security

Manned Gate
Yes

Construction

Manufactured
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Cable Available
Yes
FKAA
Yes
Municipal Sewer
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Gazebo
Yes
Shed
Yes
Storage
Yes

Roof

Metal Roof
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.