97501 Overseas Highway, Unit 312

Key Largo, FL 33037

$1,795,000
Price
3
Beds
1,876 Sq. Ft.
$957 / Sq. Ft.
1,876
Sq. Ft.
$957
per Sq. Ft.

Description

Nightly Rentals permitted! 'Latitude Adjustment' has consistently delivered increased revenue year on year for the past 5 years. The unit will gross +$175K this year. Current owners own a property management co. and are willing to continue the property. Unit has 100+ 5-star VRBO reviews. Enjoy water views from every room in the house. Latitude Adjustment comes furnished w/ marble floors, granite counter tops, new stainless steel appliances, new washer/dryer, impact doors & windows, plus new A/C....Nightly Rentals permitted! 'Latitude Adjustment' has consistently delivered increased revenue year on year for the past 5 years. The unit will gross +$175K this year. Current owners own a property management co. and are willing to continue the property. Unit has 100+ 5-star VRBO reviews. Enjoy water views from every room in the house. Latitude Adjustment comes furnished w/ marble floors, granite counter tops, new stainless steel appliances, new washer/dryer, impact doors & windows, plus new A/C. Mariner's is a gated community offering a clubhouse, fitness center, 2 pools, jacuzzis & grotto, a 43 slip marina with dry storage, indoor/outdoor pickleball courts, basketball & tennis. Mariner's Club is one of the few places in the Keys that allows nightly rentals. An incredible investment opportunity.
  1. Listed by Rocio Hathorn • VRNR, LLC

Property Details for 97501 Overseas Highway, Unit 312

Waterfront
Oceanfront
Waterfront
Yes
Zoning
SR - Sub Urban Residential District
Subdivision
Rock Harbor Condo (97.5)
Vehicle Storage
Open Parking
LISTING UPDATED: 02/01/2025 10:27 AM

Property Details for 97501 Overseas Highway, Unit 312

StatusActive
MLS #611951
Days on Market116
Taxes$8,477 / year
HOA Fees$7,040 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2005
CountyMonroe County

Building

97501 Overseas Hwy

119 Units3 StoriesBuilt in 2005

Building Information for 97501 Overseas Highway, Unit 312

Building/Complex97501 Overseas HwyFloor3Stories3Residences119Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built2005

Property Information for 97501 Overseas Highway, Unit 312

Summary
Location and General Information
  • Waterview: Ocean View, Harbor/Marina View
  • Area: 27 - Key Largo MM 97-107
  • Absolute Longitude: 80.461396
  • Control Depth: 3
  • Off Shore Island: No
  • Listing Board: Florida Keys
  • Side: Ocean
  • Unit/Complex: Complex
  • Mile Marker: 97.5
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Community Pool, Spa, Other Area Features, Beach, Manager on Premises, Tennis Courts, Clubhouse
  • Key/Island: Key Largo
Owner
  • Owner Name: Frederick Corbett Hathorn Jr & Rocio Crespo Hathor
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Parcel #: 00554895-000312
  • Land Size: 10 or more Acres
Property and Assessments
  • Legal: UNIT 312 THE SAILFISH AT MARINERS CLUB A CONDOMINIUM OR2174-424 OR2174-469 OR2547-764 OR2976-2413 OR3231-1516
  • MLS Approved: Y
  • SqFt Source: Tax Records
  • Flood Zone: AE,AE,VE,AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 74
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Title: Title Ins - Buyer
Utilities
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Handicap Access: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Carpet, Marble
  • Floor Number: 1.0
  • Interior Features: Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Smoke Alarms, Entrance Foyer, Split Bedroom
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Construction: CBS
  • Dockage: Basin, Other Dockage
  • Exterior Features: Chickee Hut, Sprinkler System, Sandy Beach, Outdoor Shower, Lighting, Hot Tub, Gazebo
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
Room Information
  • Specialty Rooms: Gym

Property History for 97501 Overseas Highway, Unit 312

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 97501 Overseas Highway, Unit 312

Taxable ValueLand-Additions$1,235,520Total-
Tax Record2023$8,477 ($706 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,876 SqFtAbove Grade Finished SqFt1,876 SqFtLot Size31,536 SqFtStyleCondominiumYear Built2005CountyMONROEAPN00554895-000312

Schools near 97501 Overseas Highway, Unit 312

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Key Largo School
PublicPK to 8

Key West High School
Public9 to 12

Coral Shores High School
Public9 to 12

Ocean Studies Charter
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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97501 Overseas Highway, Unit 312 is a condo for sale in Key Largo, FL 33037. This property was listed for sale on October 23, 2024 by VRNR, LLC, it's currently listed at $1,795,000. It has been on the market for a total of 116 days and was last sold on July 19, 2019. This listing's school district is Monroe. Nearby schools include Key Largo School, Key West High School and Coral Shores High School. 97501 Overseas Highway, Unit 312 is a 3-bed, 2.5-bath, 1,876 sqft condo built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of VRNR, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.