97501 Overseas Highway, Unit 401

Key Largo, FL 33037

$1,000,000
Price
3
Beds
3
Baths
2,024 Sq. Ft.
$494 / Sq. Ft.
2,024
Sq. Ft.
$494
per Sq. Ft.

Description

Looking for a Florida Keys VACATION HOME that will generate serious INCOME? This is it! OCEAN FRONT townhome overlooking the Oasis Pool at Mariners Club. Resort-style amenities make every day feel like a Florida Keys vacation for you and your guests! Boaters will appreciate the deep-water marina with protected dockage and immediate ocean access. Take a dip in the sparkling pools, unwind in the hot tubs, stay active at the gym, or enjoy a game of tennis or pickleball. With a gated entrance and security,...Looking for a Florida Keys VACATION HOME that will generate serious INCOME? This is it! OCEAN FRONT townhome overlooking the Oasis Pool at Mariners Club. Resort-style amenities make every day feel like a Florida Keys vacation for you and your guests! Boaters will appreciate the deep-water marina with protected dockage and immediate ocean access. Take a dip in the sparkling pools, unwind in the hot tubs, stay active at the gym, or enjoy a game of tennis or pickleball. With a gated entrance and security, this community offers the perfect setting for relaxation and peace of mind. This three-bedroom, three-bathroom home features two sunrooms enclosed with hurricane impact glass, both offering views of the Oasis Pool and the stunning Atlantic Ocean. Start your day with coffee while watching the sunrise or wind down with a drink as the sky transforms at sunset. The lower level includes a rare garage, a storage room for water toys and fishing gear, and a screened porch with direct pool access. On the middle level, almost every room offers beautiful water views! You'll find the kitchen, dining, and living areas, along with a bedroom, full bath, and access to the pool via a spiral staircase from the sunroom. The upper level boasts a spacious primary bedroom with an en suite bath and its own sunroom overlooking the ocean. A guest bedroom with a full bath and laundry area complete the top floor. This stunning townhome has never been rented but holds GREAT potential as a high-return rental property. Incredible opportunity for those looking for a second home with income-generating potential. It's ready for immediate owner use or rental, with dockage available for owners and guests. Community is pet-friendly for owners and long-term renters. No minimum or maximum rental period. Owners have the flexibility to rent independently or use a local management company. Due from buyer $45,000 refundable equity membership fee and non-refundable capital contribution of $14,053
  1. Listed by Christy Hughes • Coldwell Banker Schmitt Islamorada

Property Details for 97501 Overseas Highway, Unit 401

Waterfront
Oceanfront
Waterfront
Yes
Zoning
SC - Sub Urban Commercial District
Subdivision
Key Largo North - Marnier's Club (97.0)
Building Style
Townhouse
Vehicle Storage
Garage, Covered Parking, Carport
LISTING UPDATED: 11/13/2024 10:25 AM

Property Details for 97501 Overseas Highway, Unit 401

StatusContingent / Show
MLS #611803
Days on Market32
Taxes$3,983 / year
HOA Fees$7,723 / quarter
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built2005
Lot Size0.08 AC / 3,500 SF
CountyMonroe County

Building

97501 Overseas Hwy

119 Units3 StoriesBuilt in 2005

Virtual Tour

Building Information for 97501 Overseas Highway, Unit 401

Stories3Residences119Year Built2005Lot Size0.08 AC / 3,500 SF

Property Information for 97501 Overseas Highway, Unit 401

Summary
Location and General Information
  • Waterview: Ocean View, Open Water View
  • Area: 27 - Key Largo MM 97-107
  • Absolute Longitude: 80.461576
  • Control Depth: 3
  • Bldg Nbr: 4
  • Listing Board: Florida Keys
  • Side: Ocean
  • Unit/Complex: Unit
  • Mile Marker: 97.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Clubhouse, Community Dockage
  • Key/Island: Key Largo
Owner
  • Owner Name: see mcpfl
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Voluntary Home Owners Asc: No
  • Association Info: 1st Right of Refusal: Yes
  • Association Info: Assoc Approval Req: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 0.08
  • SqFt Remarks: buyer to verify - two porches enclosed with impact glass - stairs (but not lower level) included in square footage
  • Parcel #: 00554891-003300
  • Land Size: 2 Less Than 5 Acres
Property and Assessments
  • Legal: UNIT 401 MARINERS CLUB (A/K/A BK 4 LT 1 KEY LARGO NORTH PB7-22)
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE,AE,VE,VE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 54
  • Document Count: 1
  • Building Style: Above Flood: Yes
  • Property Condition: Updated/Remodeled
  • Security: Electric Gate, Patrolled Area, Manned Gate
Utilities
  • Utilities: FKAA
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Handicap Access: No
  • Pool Info: In Ground
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Appliances: Dryer, Microwave, Oven, Refrigerator, Dishwasher
Exterior Features
  • Roof: Metal Roof, Concrete Roof
  • Shutters: Accordion
  • Construction: Concrete
  • Dockage: Dock Privileges, Other Dockage, Basin
  • Exterior Features: Chickee Hut, Tennis Court(s), Hot Tub
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, Impact Rstnce Doors
Room Information
  • Specialty Rooms: Sun/Florida Room

Property History for 97501 Overseas Highway, Unit 401

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 401

Taxable ValueLand-Additions-Total-
Tax Record2023$3,983 ($332 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,684 SqFtAbove Grade Finished SqFt1,684 SqFtStories1Lot Size5,797 SqFtStyleSingle Family ResidenceYear Built2000Year Renovated2005CountyMONROEAPN00554891-003300

Schools near 97501 Overseas Highway, Unit 401

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

Key West High School
Public9 to 12

Ocean Studies Charter
CharterK to 8

Coral Shores High School
Public9 to 12

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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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 Coldwell Banker Schmitt Islamorada

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.