$1,250,000
SOLD AUG 14, 2025

97501 Overseas Hwy Unit 113 Key Largo, FL 33037

3 Beds
2.5 Baths
1,876 Sq Ft
$2,216/mo HOA Fee

Recently Sold

$666 Per Sq Ft

3% Below List Price

24 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Gated with Attendant
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Schwingggg

About This Home

As of August 2025

Discover your dream waterfront home at Mariners Club in Key Largo! This stunning three-bedroom, two-and-a-half-bathroom condo is all on one level, offering breathtaking views of the deep-water marina and the sparkling Atlantic Ocean beyond. Fully furnished and ready for you to enjoy the seaside lifestyle, it provides easy access to world-class diving, fishing, and boating. Residents of Mariners Club benefit from resort-style amenities, making every day feel like a Florida Keys vacation. Boaters will appreciate the deep-water marina with protected dockage and immediate ocean access. Enjoy the sparkling swimming pools, relax in the hot tubs, stay fit at the gym, or enjoy tennis and pickleball. A manned gated entrance ensures peace and tranquility for those looking to unwind. The immaculate kitchen, living, and dining areas feature high ceilings and expansive ocean views from every angle. This beautiful condo holds significant potential as a lucrative rental property. It is in pristine condition with impact windows and doors and an upgraded air conditioning system designed to prevent dust and mold. It's a turnkey investment ready for immediate enjoyment or rental. The condo offers two convenient entrances, eliminating the need for stairs when entering from the front-- a helpful feature for those with strollers or mobility concerns. Step through the gate of the breezy lanai to the marina filled with charming boats. Dockage is available for owners or guests. It's pet-friendly for owners and long-term renters, so you won't need to leave Fido behind. There are no restrictions on the number of rental days in Mariners Club. Owners are free to rent independently or use a local management company. This home is a fantastic opportunity for investors or those seeking a second home that can also generate income. It's a must-see! Don't miss the video & 3D tour. Due from buyer at closing: refundable $45,000 equity membership, non-refundable $10,166.26 capital contribution.

Last Agent to Sell the Property

Christy Hughes

Coldwell Banker Schmitt Islamorada License #3265558 Listed on: 06/01/2025

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Judy Rossignol

Realty One Group Engage the Keys License #705686

Realty One Group Engage the Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,878

Year Built

  • Built in 2004

HOA Fees

  • $2,216 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Home Design

  • Entry on the 1st floor
  • Concrete Roof

Interior Spaces

  • 1,876 Sq Ft Home
  • Furnished
  • Entrance Foyer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Handicap Accessible
  • Ocean Front

Listing and Financial Details

  • Minimum Rental Period: 1

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water
  • 118 Units
  • Key Largo North Marnier's Club Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: owners/renters 6 mo+

Security

  • Gated with Attendant
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,878

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,216 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 6647.74
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Cable, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 97.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa, Other Area Features, Beach, Tennis Courts, Clubhouse, Community Dockage
  • Pets W Restrictions: owners/renters 6 mo+
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7878.24
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9080400
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1876.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Split Bedroom, Granite Counter Top, Walk-in Closet(s), Entrance Foyer
  • Floor Number: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: buyer to confirm

Exterior Features

  • Dockage: Basin, Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lanai, Tennis Court(s)
  • Roof: Concrete Roof
  • Waterview: Ocean View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Manned Gate
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: complex 25 acres per site plan
  • Land Size: 10 or more Acres
  • Acres: 25.00

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2025
Closed on
Aug 14, 2025
Sold by
White Stephen P and White Anne L
Bought by
Reed Erin
Seller's Agent
Christy Hughes
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Judy Rossignol
Realty One Group Engage the Keys
List Price
$1,290,000
Sold Price
$1,250,000
Premium/Discount to List
-$40,000
-3.1%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.67%
Original Mortgage
$950,000
Outstanding Balance
$949,180
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$358,539

Purchase Details

Listed on
May 10, 2014
Closed on
Jun 9, 2014
Sold by
Ferrante Carmine and Bullen Thomas
Bought by
White Stephen P and White Anne L
Seller's Agent
Melba Wilson
Realty One Group Engage the Keys
Buyer's Agent
Melba Wilson
Coldwell Banker Schmitt R.e.
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Dec 14, 2004
Sold by
Ocean Key Associates Ltd
Bought by
Ferrente Carmine and Bullen Thomas
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,250,000 Wesley Chapel Title Llc
Warranty Deed $1,250,000 Wesley Chapel Title Llc
Warranty Deed $435,000 Attorney
Special Warranty Deed $749,900 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Closed $950,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2025 08/14/25 Sold $1,250,000 -3.1% $666 / Sq Ft
06/01/2025 06/01/25 For Sale $1,290,000 +196.6% $688 / Sq Ft
06/11/2014 06/11/14 Sold $435,000 -12.8% $232 / Sq Ft View Prior Sale
05/19/2014 05/19/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $499,000 -- $266 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,746 $1,130,359 -- $1,130,359
2023 $7,746 $1,116,817 $0 $1,116,817
2022 $6,356 $827,473 $0 $827,473
2021 $5,785 $645,258 $0 $645,258
2020 $4,914 $579,610 $0 $579,610
2019 $4,872 $579,610 $0 $579,610
2018 $4,709 $577,770 $0 $0
2017 $4,202 $497,651 $0 $0
2016 $3,895 $428,747 $0 $0
2015 $3,609 $388,332 $0 $0
2014 $3,636 $388,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 615284

Florida Keys Board of REALTORS®

APN: 00554893-000113