Home » Properties » , Key Largo FL 33037

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Upscale 1BR Condominium with Marina Access in Key Largo

Newly renovated 1-bedroom condo with screened balcony, tennis courts, and marina access near John Pennekamp Coral Reef State Park.

$850,000

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MLS #A11315383

Listing Updated: 2026-07-11 00:41:39

Listed By: Coldwell Banker Realty

Overview

This recently renovated Key Largo condominium offers a rare blend of comfort and tropical charm. Featuring one bedroom and one bathroom with 887 square feet of living space, the home includes modern interior updates and a screened balcony ideal for relaxing. Residents benefit from elevator access and secure parking with two garage spaces.Situated just minutes from John Pennekamp Coral Reef State Park, this waterfront community provides tennis courts, a pool, marina, and opportunities for kayaking and fishing. The location’s proximity to local dining and scenic outdoor activities enhances the Florida Keys lifestyle, making it appealing for vacationers and year-round residents alike.

Property Highlights

Newly renovated 1-bedroom condo, elevator access, screened balcony, tennis courts, pool, marina, kayak access, two parking spaces, close to John Pennekamp Coral Reef State Park.

Property Details

City: Key Largo

State: FL

Zip Code: 33037

Address:

Year Built: 1993

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Coldwell Banker Realty

County: Monroe County

Garage Spaces: 2

Parking Features: 2 Or More Spaces

Interior Features: Elevator

Exterior Features: Screened Balcony, Tennis Court(s)

Waterfront: Yes

Pool: No

HOA Fee: $5

Annual Tax: $2,464

Days On Market: 1124 Days

Original Listing Description

****VACATION RENTAL PROPERTY FOR LEASE***** NEWLY RENOVATED, KEY LARGO HOME, BOAT SLIP, GREAT FISHING, TENNIS & KAYAKS BOAT SLIP AVAILABLE AT ADDITIONAL COST, POOL, MARINA, LAGOON, KIDS KAYAKS.LICENSED VACATION RENTAL. This is an upscale Key Largo apartment, you would not expect to find in the Florida Keys. With a tropical feeling, this Bedroom unit is located just minutes away from John Penne Kamp State Park, known worldwide for its underwater scuba and snorkeling. Great restaurants are within walking distance. FREE VERY FAST Wi-Fi.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

About This Neighborhood

Nestled in a scenic community of Key Largo, this condo offers waterfront living paired with recreational amenities. The neighborhood invites an active lifestyle with tennis courts and access to boating facilities. Its closeness to John Pennekamp Coral Reef State Park allows residents to immerse themselves in some of the region’s best underwater adventures.Local shops and quality dining venues are within easy walking distance, blending convenience with laid-back island ambiance. This setting appeals particularly to those desiring both natural beauty and community connectivity.

Walkability & Lifestyle

This condo’s location lends itself to a walkable lifestyle with nearby restaurants and unique local shops just steps away. Residents can enjoy leisurely strolls to casual dining or quick seaside visits. The proximity to marina and kayak launches encourages outdoor activity without the need for extensive travel.Urban conveniences merge with the peaceful tropical setting, allowing occupants to embrace both everyday essentials and recreational opportunities within a compact radius.

Things To Do Nearby

Living here places you close to some of Key Largo’s best outdoor and water experiences. From world-class snorkeling and scuba diving at John Pennekamp Coral Reef State Park to casual fishing and kayaking, options abound for nature lovers.Nearby tennis courts and swimming pools add recreational diversity, while local dining spots offer fresh seafood and relaxed atmospheres. The surrounding waters and parks foster a vibrant lifestyle rich in natural beauty and leisure experiences.

Nearby Schools

Families exploring options in Key Largo will find access to the local educational network within reasonable commuting distance. The community supports convenient travel routes to area schools, making it practical for households prioritizing schooling alongside a relaxed coastal lifestyle.While primarily a vacation-oriented locale, the neighborhood accommodates families who appreciate its balance of natural surroundings and essential services.

Why Buyers Like This Area

Buyers value this condominium for its blend of modern updates and access to diverse amenities within a tropical setting. The combination of waterfront proximity, recreational features, and a well-maintained interior satisfies those seeking both comfort and an active lifestyle.Its manageable size paired with premium community offerings appeals to seasonal residents, vacationers, and downsizers aiming to enjoy the Keys without extensive upkeep.

Investment Potential

This Key Largo condominium's location near popular state parks and marinas creates strong appeal for vacation rentals. The residence offers access to amenities like tennis courts and pools, attractive to seasonal visitors seeking water and outdoor sports activities. With a licensed vacation rental status, it fits well for those exploring short-term leasing options in a desirable Florida Keys market. While rental income varies by season, its position near top snorkeling and diving sites supports consistent interest.Buyers drawn to this property will appreciate the balance of tranquility and accessibility, enhancing rental opportunities without straying from a comfortable residential feel.

Market Trends

Key Largo remains a sought-after destination within the Florida Keys, reflecting steady demand for waterfront properties, especially condominiums with access to recreational amenities. With a growing interest in single-bedroom units due to their manageable size and affordability, this condo aligns well with current market preferences.Buyers in this segment tend to look for updated interiors combined with proximity to outdoor attractions, making this renovated property notably relevant within the local real estate landscape.

Rental Income Potential

Situated in a vibrant vacation area, this one-bedroom condo benefits from strong seasonal rental appeal. Its licensed vacation rental status and access to marina facilities, tennis courts, and nearby snorkel spots elevate its attractiveness to short-term tenants.While rental income is subject to market conditions and visitor trends, the unit’s amenities and location play a pivotal role in maintaining demand during peak seasons and holiday periods.