97501 Overseas Highway, Unit 709

Key Largo, FL 33037

$1,250,000
Price
3
Beds
3
Baths
1
1/2 Bath
2,396 Sq. Ft.
$522 / Sq. Ft.
2,396
Sq. Ft.
$522
per Sq. Ft.

Description

PRICE INCLUDES Refundable $45K Equity Membership and $10,699 Capital contribution. Welcome to Mariners Club, where resort-style living meets an exceptional investment opportunity. Nestled in the heart of Key Largo, this exquisite oceanfront property offers the perfect blend of luxury and profitability, with an impressive average gross income of almost $200k a year. This gated community is one of the rare gems in the Upper Keys that allows nightly rentals. Indulge in the incredible amenities, including...PRICE INCLUDES Refundable $45K Equity Membership and $10,699 Capital contribution. Welcome to Mariners Club, where resort-style living meets an exceptional investment opportunity. Nestled in the heart of Key Largo, this exquisite oceanfront property offers the perfect blend of luxury and profitability, with an impressive average gross income of almost $200k a year. This gated community is one of the rare gems in the Upper Keys that allows nightly rentals. Indulge in the incredible amenities, including an oceanfront marina, sparkling pools, sandy beach, tennis and pickleball(indoor&outdoor),clubhouse, and fully-equipped gym. This turn-key, remodeled townhome features high end furnishings & finishings. Boasting Italian porcelain tile throughout, chefs kitchen, leather furniture and more upgrades it is unlike any other in the complex. The flexible layout with a large guest suite on the lowest level, seamlessly connects by an interior staircase to the rest of the home. With a total of 3 bedrooms and 3.5 baths, everyone will enjoy the space and privacy they deserve. The Rooftop Patio provides a relaxing vibe while the downstairs patio provides a perfect place for outdoor cooking and dining. Mariners Club has an excellent rental history, with dockage available. Plus, it's pet-friendly for owners, so Fido can join in on the fun. There are no restrictions on the length of rentals, allowing owners to manage their property as they see fit. The current owner has worked to make this a high end, high dollar rental with 5 star reviews on AirBNB/VRBO- the LLC that lists it will convey with purchase- you are getting the BUSINESS AND THE PROPERTY, with future rentals already on the books and repeat customers waiting to come back! Ready to rent to your most discriminating customers or enjoy for yourself. All furnishings included. Experience the epitome of Florida Keys living at Mariners Club - a true paradise for your soul and your walle
  1. Listed by Dawn M McComish • Lokation Real Estate

Property Details for 97501 Overseas Highway, Unit 709

Waterfront
Oceanfront
Waterfront
No
Zoning
RH - Residential High
Subdivision
Key Largo North - Marnier's Club (97.0)
Building Style
Townhouse
Vehicle Storage
Guest Parking, Off Street Parking
LISTING UPDATED: 09/25/2024 02:11 PM

Property Details for 97501 Overseas Highway, Unit 709

StatusActive
MLS #610411
Days on Market157
Taxes$7,233 / year
HOA Fees$7,723 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2005
Lot Size0.07 AC / 3,140 SF
CountyMonroe County

Building

97501 Overseas Hwy

119 Units3 StoriesBuilt in 2005

Building Information for 97501 Overseas Highway, Unit 709

Stories3Year Built2005Building Size-Lot Size0.07 AC / 3,140 SF

Property Information for 97501 Overseas Highway, Unit 709

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 27 - Key Largo MM 97-107
  • Absolute Longitude: 80.463465
  • Control Depth: 0
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Mile Marker: 97.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Community Boat Ramp, Beach
  • Key/Island: Key Largo
Owner
  • Owner Name: On Record
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: Yes
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 0.07
  • Parcel #: 00554891-007500
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: UNIT 709 MARINERS CLUB (A/K/A BK 7 LT 9 KEY LARGO NORTH PB7-22) OR838-285/287 OR915-69/70 OR1007-1064/1075 OR1017-1010/
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 43
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Property Condition: Updated/Remodeled
  • Title: Title Ins - Buyer
Utilities
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Concrete
  • Porch/Balcony: Open Porch/Balcony, Roof Top Deck, Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Walk-in Closet(s)
  • Pre-Wired: Cable
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Construction: Concrete
  • Dockage: Other Dockage
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors

Property History for 97501 Overseas Highway, Unit 709

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 709

Taxable ValueLand$435,000Additions$397,820Total$832,820
Tax Record2023$7,233 ($603 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt1,684 SqFtAbove Grade Finished SqFt1,684 SqFtStories3Lot Size3,141 SqFtStyleSingle Family ResidenceYear Built2003Year Renovated2013CountyMONROEAPN00554891-007500

Schools near 97501 Overseas Highway, Unit 709

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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97501 Overseas Highway, Unit 709 is a single family home for sale in Key Largo, FL 33037. This property was listed for sale on June 11, 2024 by Lokation Real Estate, it's currently listed at $1,250,000. It has been on the market for a total of 157 days and was last sold on July 12, 2021. This listing's school district is Monroe. Nearby schools include Key Largo School, Key West High School and Ocean Studies Charter. 97501 Overseas Highway, Unit 709 is a 3-bed, 3.5-bath, 2,396 sqft single family home 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 Lokation Real Estate

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.