97501 Overseas Hwy Unit 312 Key Largo, FL 33037
Estimated payment $12,491/month
Highlights
- Ocean Front
- Boat Dock
- Sandy Beach
- Coral Shores High School Rated A
- Beach
- 1-minute walk to Schwingggg
About This Home
WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller is transferring their $45K equity membership to buyer - that's nearly fifty grand in instant value! Your clients need to see this TODAY before another agent scoops it up. This is the listing that builds million-dollar relationships and creates clients for life!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,975
Year Built
- Built in 2005 | Remodeled
Lot Details
- Ocean Front
- Sandy Beach
- Sprinkler System
HOA Fees
- $2,256 Monthly HOA Fees
Property Views
- Ocean
- Harbor
Home Design
- Entry on the 1st floor
- Concrete Roof
Interior Spaces
- 1,876 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Utility Room
- Home Gym
- Monitored
Kitchen
- Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Electric Gate
- Guest Parking
- Open Parking
Accessible Home Design
- Accessible Elevator Installed
- Accessible Kitchen
- Handicap Accessible
- Accessible Ramps
Outdoor Features
- In Ground Pool
- Dock Facilities
- Balcony
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Central Air
- Public Hookup Available For Sewer
Listing and Financial Details
- Assessor Parcel Number 00554895-000312
Community Details
Overview
- 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 Dock
- Beach
- Tennis Courts
- Community Pool
- Bike Trail
Pet Policy
- Pets Allowed with Restrictions
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Impact Glass
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,477 | $1,250,528 | -- | $1,250,528 |
| 2023 | $8,477 | $1,235,520 | $0 | $1,235,520 |
| 2022 | $6,944 | $915,403 | $0 | $915,403 |
| 2021 | $6,450 | $754,284 | $0 | $754,284 |
| 2020 | $5,793 | $637,380 | $0 | $637,380 |
| 2019 | $5,467 | $637,380 | $0 | $637,380 |
| 2018 | $5,296 | $635,354 | $0 | $0 |
| 2017 | $4,793 | $558,850 | $0 | $0 |
| 2016 | $4,462 | $480,765 | $0 | $0 |
| 2015 | $4,013 | $388,332 | $0 | $0 |
| 2014 | $4,040 | $388,332 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $1,800,000 | +136.8% | $959 / Sq Ft | |
| 07/19/2019 07/19/19 | Sold | $760,000 | -2.4% | $405 / Sq Ft | View Prior Sale |
| 07/08/2019 07/08/19 | Pending | -- | -- | -- | |
| 05/24/2019 05/24/19 | For Sale | $779,000 | -- | $415 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Harbor Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $760,000 | Absolute First Title Llc | |
| Warranty Deed | $400,000 | Coral Reef Title Company | |
| Special Warranty Deed | $1,624,900 | Premier Title Company Ltd |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $484,000 | New Conventional | |
| Previous Owner | $1,212,010 | Fannie Mae Freddie Mac |
Source: Florida Keys Board of REALTORS®
MLS Number: 616474
APN: 00554895-000312
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