NOT LISTED FOR SALE

97501 Overseas Hwy Unit 114 Key Largo, FL 33037

Estimated Value: $1,443,167 - $1,570,000

2 Beds
2.5 Baths
1,876 Sq Ft
$1,503/mo HOA Fee

Last Sold April 26, 2022

Last sale price $1,225,000 $653 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $10,751/month

6 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Beach
  • Coral Shores High School Rated A
  • Dock Facilities
  • 1-minute walk to Schwingggg

About This Home

As of April 2022

Mariner's Club in Key Largo is pure paradise! It's the perfect combination of resort-style Florida Keys get-away and investment property that you've been searching for! You'll love the incredible amenities: oceanfront marina, beach, 2 incredible pools, tennis, pickleball, clubhouse and gym. Excellent rental history. This ground floor home comes fully prepared for vacation rentals. Many future bookings are available. Just bring your toothbrush - and your boat! Excellent unit for people who prefer to avoid stairs! Dockage is available at the marina right outside the back door. Pets OK for owners and long term renters! $45,000 Equity Membership Contribution due at closing and refundable upon resale, along with Capital Contribution of $6,801.

Last Listed By

Christy Hughes

Coldwell Banker Schmitt Islamorada License #3265558 Listed on: 02/20/2022

Coldwell Banker Schmitt Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,785

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,503 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • 1,876 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Electric Gate
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Dock Facilities
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00554893-000114

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Restriction: own or 6+ month rent

Security

  • Gated with Attendant
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,785

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,503 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: 4508.44
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Control Depth: 4
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Common Area Mnt, Cable, Building Insurance
  • 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: Beach, Tennis Courts, Clubhouse, Community Pool, Community Dockage, Community Boat Ramp
  • Pets: Pets Allowed
  • Pets W Restrictions: own or 6+ month rent
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5785.14
  • Vehicle Storage: Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9080404
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • 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

  • Floor Number: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Basin, Other Dockage, Dock Privileges
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Tennis Court(s), Sandy Beach, Hot Tub
  • Waterview: Harbor/Marina View, Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00554893-000114
  • Lot Size: complex 25 acres per site plan
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2016
Sold by
Brown Mary A and Brown Bruce Mia
Bought by
Brown Mary A and Brown Bruce Mia
Total Days on Market
6
Current Estimated Value
$1,525,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$146,734
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,378,558

Purchase Details

Closed on
Nov 9, 2011
Sold by
The Bank Of New York Mellon
Bought by
Brown Mary A and Brown Bruce Mia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2011
Sold by
Rubio Ricardo E and Rubio Tamara
Bought by
The Bank Of New York

Purchase Details

Closed on
Jun 3, 2011
Sold by
Rubio Ricardo E and Rubio Ricardo
Bought by
Bank Of New York

Purchase Details

Closed on
Nov 10, 2004
Sold by
Ocean Key Associates Ltd
Bought by
Rubio Ricardo E and Rubio Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,350
Interest Rate
1%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Brown Mary A -- Title Partners Of South Flor
Brown Mary A $345,000 Stewart Title Company
The Bank Of New York -- None Available
Bank Of New York -- None Available
Rubio Ricardo E $1,299,900 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mary A $225,000
Previous Owner Brown Mary A $241,500
Previous Owner Rubio Ricardo E $844,350
Closed Rubio Ricardo E $259,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $1,225,000 -5.8% $653 / Sq Ft
02/20/2022 02/20/22 For Sale $1,300,000 -- $693 / 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 $9,487 $1,130,359 -- $1,130,359
2023 $9,487 $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

  • C

    Seller's Agent in 2022

    Christy Hughes

    Coldwell Banker Schmitt Islamorada

    (305) 393-6190

    115 Total Sales

    Christy Hughes
    Section Image
  • Angel DiGiorgio

    Buyer's Agent in 2022

    Angel DiGiorgio

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 509-0971

    44 Total Sales

    Angel DiGiorgio
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599755

Florida Keys Board of REALTORS®

APN: 00554893-000114

Florida Monroe County Key Largo 33037

97501 Overseas Hwy Unit 114, Key Largo, FL

Homes for Sale in Key Largo, FL

This home is located at 97501 Overseas Hwy Unit 114, Key Largo, FL 33037 since 20 February 2022 and is currently estimated at $1,525,292, approximately $813 per square foot. This property was built in 2004. 97501 Overseas Hwy Unit 114 is a home located in Monroe County with nearby schools including Key Largo School, Coral Shores High School, and Dolphin Montessori Children's House.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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