$2,225,000
$25K PRICE INCREASE

97501 Overseas Hwy Unit 521 Key Largo, FL 33037

Estimated payment $14,324/month

Total Views 11,875
4 Beds
3 Baths
2,635 Sq Ft
$844 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

Investor's Dream & Exclusive Oceanfront Retreat at Mariners Club - Unit 521Discover one of the Keys' best-kept secrets, where tropical elegance meets resort-style living. Nestled by Sandy Beach Cove, this meticulously maintained 4-bedroom, 3-bathroom oceanfront condo offers a rare combination of luxury, privacy, and spectacular views.Seamless indoor-outdoor living is framed by hurricane-resistant sliding doors that open to breathtaking vistas of the Atlantic, resort-style pool, tiki-lit beach, and picturesque pier. Enjoy mornings on your private porch overlooking sunrises, and evenings under moonlit skies.Unit 521 features a spacious main bedroom (16 x 16) with stunning ocean views, a living room (18 x 10.9) overlooking the pool and beach, and a dining room (18 x 11) perfect for entertaining. Every detail has been thoughtfully curated--from one-of-a-kind furnishings and collector pieces to unique artwork--creating a home with personality, elegance, and comfort.Mariners Club offers exceptional amenities: Key Largo's first indoor pickleball courts, outdoor tennis and basketball, a fabulous clubhouse, private barbecue areas, and dedicated on-site staff with 24/7 security. Boaters will appreciate the deep, protected marina, available boat slips for all sizes, and dry-stack storage.Perfectly located near a private sandy beach ideal for relaxation or morning yoga, this condo is an incredible investment opportunity or a sprawling one-story retreat for discerning owners. Solid concrete construction (2005) ensures durability and peace of mind, while the vibrant community and unparalleled location make every day a celebration of the Keys.Vacation rental-ready with dockage for owners and guests--Unit 521 is truly a one-of-a-kind oceanfront escape.

Listing Agent

Iris Marie McDonald

Illustrated Properties, LLC License #520066 Listed on: 04/08/2024

Illustrated Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,035

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach
  • Sprinkler System

HOA Fees

  • $1,738 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Roof

Interior Spaces

  • 2,635 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Utility Room
  • Home Gym
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Marble

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

  • In Ground Pool
  • Spa

Outdoor Features

  • Dock Facilities
  • Balcony
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00554894-000521

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,035

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$1,738 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 5213.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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, Other Area Features, Beach, Fire Hydrant, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 10034.85
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Guest Parking
  • Year Built: 2005
  • Alternate Key Number: 9082981
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2635.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Bar, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Built-in Cabinets, Entrance Foyer, Pantry, Split Bedroom
  • Floor Number: 2.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Carpet, Marble
  • Specialty Rooms: Gym, Utility Room, Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • 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
  • Exterior Features: Chickee Hut, Tennis Court(s), Sprinkler System, Sandy Beach, Lighting, Hot Tub
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00554894-000521
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $10,035 $1,503,732 -- $1,503,732
2023 $10,035 $1,547,038 $0 $1,547,038
2022 $8,685 $1,315,997 $0 $1,315,997
2021 $7,654 $962,693 $0 $962,693
2020 $6,591 $735,091 $0 $735,091
2019 $6,443 $735,091 $0 $735,091
2018 $6,241 $735,290 $0 $0
2017 $5,972 $745,193 $0 $0
2016 $5,405 $601,643 $0 $0
2015 $4,819 $479,992 $0 $0
2014 $4,948 $479,992 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 For Sale $2,225,000 0.0% $844 / Sq Ft
11/06/2025 11/06/25 Price Changed $2,225,000 -1.1% $844 / Sq Ft
10/19/2025 10/19/25 Off Market $2,250,000 -- --
08/15/2025 08/15/25 Price Changed $2,250,000 -4.3% $854 / Sq Ft
05/07/2025 05/07/25 Price Changed $2,350,000 -2.1% $892 / Sq Ft
02/20/2025 02/20/25 For Sale $2,400,000 +9.1% $911 / Sq Ft
02/05/2025 02/05/25 Off Market $2,200,000 -- --
01/17/2025 01/17/25 For Sale $2,200,000 0.0% $835 / Sq Ft
01/17/2025 01/17/25 Price Changed $2,200,000 +1.1% $835 / Sq Ft
01/15/2025 01/15/25 Off Market $2,175,000 -- --
11/28/2024 11/28/24 Price Changed $2,175,000 +3.6% $825 / Sq Ft
09/30/2024 09/30/24 Price Changed $2,100,000 -1.2% $797 / Sq Ft
09/20/2024 09/20/24 For Sale $2,125,000 0.0% $806 / Sq Ft
09/16/2024 09/16/24 Off Market $2,125,000 -- --
08/26/2024 08/26/24 Price Changed $2,125,000 -0.9% $806 / Sq Ft
08/17/2024 08/17/24 Price Changed $2,145,000 -0.2% $814 / Sq Ft
06/13/2024 06/13/24 Price Changed $2,150,000 -2.3% $816 / Sq Ft
04/08/2024 04/08/24 For Sale $2,200,000 +292.9% $835 / Sq Ft
06/14/2013 06/14/13 Sold $560,000 +3.3% $213 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $541,900 -- $206 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Special Warranty Deed $560,000 None Available
Trustee Deed -- None Available
Trustee Deed -- None Available
Special Warranty Deed $1,624,900 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 609503

Florida Keys Board of REALTORS®

APN: 00554894-000521