$1,975,000
$20K PRICE DROP

97501 Overseas Hwy Unit 131 Key Largo, FL 33037

Mariner's Club Neighborhood

Estimated payment $13,226/month

Total Views 4,114
4 Beds
3 Baths
2,635 Sq Ft
$750 Price per Sq Ft

Highlights

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

About This Home

Welcome to your DREAM vacation resort home at the Exclusive Mariners Club Key Largo! This stunning turn key oceanfront condo offers a true resort-style living experience, complete with incredible amenities that make every day feel like a vacation in the FL Keys. Overlooking the private deep-water marina & the sparkling waters of the Atlantic Ocean, this top-floor penthouse-style end unit is a boater's paradise. Whether you're admiring your boat from the porch or simply enjoying the breathtaking views with a refreshing drink in hand, this property is designed for relaxation & luxury! Owner benefits are limitless - when not in residence you have the opportunity to rent your condo with no minimum rental restrictions to generate rental income, helping to offset costs of ownership. With a proven rental history & a loyal following, this property ensures continued success as a lucrative vacation rental. Mariners Club boasts an array of amenities, including 2 sparkling pools (one of which is the largest condo pool in the Upper Keys), a grotto hot tub, a private marina w/ dry stack boat storage & in/out service, a gym, & both INDOOR & outdoor pickleball courts. Additional features include tennis courts, a gated community entry w/ 24-hour security, & so much more. This top floor penthouse style end unit supplies lots of natural light & features many upgrades including travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with wood cabinets, granite counters & stainless appliances. The primary suite offers fabulous Atlantic views & features an ensuite bath with walk in closets, jet tub, marble shower & water closet. Three additional spacious bedrooms, 2 full bathrooms & a convenient laundry room complete the layout. This is a fantastic opportunity for investors or those seeking a second home & wanting to generate income while not in residence! This condo offers luxury, convenience, comfort, & the perfect resort style living in Key Largo.

Listing Agent

Dani Hall

American Caribbean Real Estate, Christie's International Real Estate License #3607337

Co-Listing Agent

Lorie Leal

American Caribbean Real Estate, Christie's International Real Estate License #0703307

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,266

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Sprinkler System

HOA Fees

  • $1,421 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,635 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Utility Room
  • Monitored

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Kitchen
  • Accessible Ramps
  • Accessible Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Dock Facilities
  • Balcony
  • Outdoor Water Feature

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00554893-000131

Community Details

Overview

  • $3,562 Maintenance Fee
  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Key Largo North Marnier's Club Subdivision

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,266

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,421 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 4262.62
  • Maintenance Fee: 3561.88
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • 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, Bike Paths, Beach, Fire Hydrant, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 10266.43
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Guest Parking
  • Year Built: 2004
  • Alternate Key Number: 9080440
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • 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: 2635.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Bar, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Entrance Foyer, Split Bedroom
  • Floor Number: 3.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Marble
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp, Parking, Accessible Kitchen

Exterior Features

  • Dockage: Dock Privileges
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Water Display, Tennis Court(s), Sprinkler System, Hot Tub
  • Roof: Concrete Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00554893-000131
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $10,054 $1,426,457 -- $1,426,457
2023 $10,054 $1,465,731 $0 $1,465,731
2022 $8,722 $1,255,736 $0 $1,255,736
2021 $7,600 $885,075 $0 $885,075
2020 $6,929 $902,980 $0 $902,980
2019 $6,603 $902,980 $0 $902,980
2018 $6,411 $903,205 $0 $0
2017 $5,666 $769,156 $0 $0
2016 $5,102 $625,606 $0 $0
2015 $4,415 $479,992 $0 $0
2014 $4,445 $479,992 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $1,975,000 -1.0% $750 / Sq Ft
01/01/2025 01/01/25 For Sale $1,995,000 -- $757 / Sq Ft
Source: Florida Keys Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $600,000 Multiple
Special Warranty Deed $730,000 Attorney
Deed In Lieu Of Foreclosure -- Attorney
Special Warranty Deed $1,525,000 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Closed $300,000 Seller Take Back
Previous Owner $1,357,250 Purchase Money Mortgage
Source: Public Records

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    • 97501 Overseas Hwy
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Source: Florida Keys Board of REALTORS®

MLS Number: 612901

Florida Keys Board of REALTORS®

APN: 00554893-000131

Florida Monroe County Key Largo 33037 Mariner's Club

97501 Overseas Hwy Unit 131, Key Largo, FL

Homes for Sale in Key Largo, FL

This home is located at 97501 Overseas Hwy Unit 131, Key Largo, FL 33037 and is currently priced at $1,975,000, approximately $749 per square foot. This property was built in 2004. 97501 Overseas Hwy Unit 131 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.

Listing Agent
Dani Hall
Section Image
American Caribbean Real Estate, Christie's International Real Estate
(786) 550-2135