NOT LISTED FOR SALE

97501 Overseas Hwy Unit 701 Key Largo, FL 33037

Estimated Value: $864,000 - $979,000

3 Beds
3.5 Baths
2,260 Sq Ft
$403/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $850,000 $376 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,830/month

291 Days on Market

Highlights

  • Boathouse
  • Marina
  • Boat Dock
  • Coral Shores High School Rated A
  • Ocean Front
  • 1-minute walk to Schwingggg

About This Home

As of February 2024

Reduced for a Quick Sale! Turnkey Tropical Oasis in Key Largo's oceanfront resort community, Mariner's Club! Daily Rentals permitted. This trilevel 2,260sf 3bdrm/3.5ba townhome is move-in ready for your personal enjoyment or short term rental investment opportunity. Warm and inviting coastal decor & comfortable furnishings throughout. Newer AC unit (2021) & Washer/Dryer (2022). Resort amenities include 24/7 security, access to protected deep water OCEANFRONT MARINA with Dock master (slips/dry boat storage rentals subject to availability through HOA), 2 stunning pools/hot tubs overlooking the marina and picturesque ocean views, fishing pier, sandy picnic areas, clubhouse, bbq/blackstone grills,gameroom, ballroom w/ chef's kitchen, gym, tennis /pickleball/ basketball court.

Last Agent to Sell the Property

Carmen Escudero

Compass Florida, LLC License #3063008 Listed on: 04/21/2023

Compass Florida, LLC

Last Buyer's Agent

Clelia Maufroy

One Sotheby's International Re License #3231868

One Sotheby's International Re

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,473

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • 3,223

HOA Fees

  • $2,574 Monthly HOA Fees

Property Views

  • Skyline
  • Garden

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 2,260 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Open Parking
  • Golf Cart Parking

Outdoor Features

  • Property has ocean access
  • Fishing Pier
  • Property is near a marina
  • Boathouse
  • Dock Available
  • Screened Balcony
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 00554891-006700

Community Details

Overview

  • 12 Units
  • Club Membership Available
  • Club Membership Required
  • Mariner's Club Condos
  • Key Largo North Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen

Recreation

  • Boat Dock
  • Marina
  • Fitness Center
  • Community Pool
  • Fishing
  • Tennis Courts

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Complex Is Fenced
  • Partial Accordion Shutters
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,473

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$2,574 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Townhouse
  • Architectural Style: Split Level
  • Directions: Overseas Highway to Mile Marker 97.5. Mariner's Club is on the East/Atlantic Ocean side.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available,Restricted Salt Water Access, Boathouse,Community Marina,Fishing Pier,Marina
  • Unit Levels: 3
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: KEY LARGO NORTH
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, French Doors, Roman Tub, Split Bedroom, Volume Ceilings, Family Room, Separate Guest/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Tile
  • Furnished: Furnished, Unfurnished, Turn Key Furnished
  • Living Area: 2260
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Window Features: Clear Impact Glass, Partial Accordian Shutters, Partial Impact Glass, Hurricane Shutters, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Garden View, Other View, Skyline
  • Exterior Features: East Of Us1, Barbeque, Screened Balcony, Tennis Court(s)
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Mariner's Club
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Golf Cart Parking, Guest, Open, Limited # Of Vehicle

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Card Entry, Guard At Site, TV Camera

Condo/Co-op/Association

  • Association Fee: 7723
  • Amenities: Barbecue, Clubhouse-Clubroom, Exercise Room, Fishing Pier, Kitchen Facilities, Marina, Other Membership Available, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00554891-006700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Sep 20, 2019
Sold by
Zepnick Matthew A and Zepnick Joanna L
Bought by
Mariner Mclous Llc
Seller's Agent
Sal Livoti
Century 21 Circle
Buyer's Agent
Sal Livoti
Coldwell Banker Schmitt Key Largo
List Price
$515,000
Sold Price
$480,000
Premium/Discount to List
-$35,000
-6.8%
Current Estimated Value
$910,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,004
Avg. Annual Appreciation
11.11%

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jul 1, 2015
Sold by
Baloff Peter and Baloff Judith
Bought by
Zepnick Matthew A and Zepnick Joanna L
Seller's Agent
Glenn Hoover
Glenn Hoover Real Estate Services South Florida, LLC
Buyer's Agent
Sal Livoti
Coldwell Banker Schmitt Key Largo
List Price
$479,000
Sold Price
$449,833
Premium/Discount to List
-$29,167
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$226,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Baloff Peter and Baloff Judith

Purchase Details

Closed on
Aug 2, 2010
Sold by
Simpson Carol A and Citibank Na
Bought by
Jp Morgan Chase Bank National Associatio

Purchase Details

Closed on
Jul 23, 2010
Sold by
Simpson Carol A and Citibank Na
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 16, 2005
Sold by
Judd Thomas and Judd Lee H
Bought by
Simpson Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Novoa Manuel R and Novoa Veronica L
Bought by
Judd Thomas and Judd Lee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,800
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Ocean Key Associates Ltd
Bought by
Novoa Manuel R and Novoa Veronica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Bought by
Zepnick Matthew A and Zepnick Joanna L

Purchase Details

Closed on
Mar 20, 2002
Bought by
Zepnick Matthew A and Zepnick Joanna L

Purchase Details

Closed on
Sep 1, 1991
Bought by
Zepnick Matthew A and Zepnick Joanna L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mariner Mclous Llc $480,000 Attorney
Zepnick Matthew A $449,833 Absolute First Title Llc
Baloff Peter $153,000 Integrity Title Services Inc
Jp Morgan Chase Bank National Associatio -- None Available
Jpmorgan Chase Bank National Association -- None Available
Simpson Carol A $1,250,000 --
Judd Thomas $861,000 --
Novoa Manuel R $496,100 Premier Title Company Ltd
Eckhardt Steven M $850,000 Premier Title Company Ltd
Zepnick Matthew A -- --
Zepnick Matthew A -- --
Zepnick Matthew A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zepnick Matthew A $226,250
Previous Owner Simpson Carol A $875,000
Previous Owner Judd Thomas $688,800
Previous Owner Eckhardt Steven M $595,000
Previous Owner Novoa Manuel R $396,820
Closed Novoa Manuel R $49,602
Closed Judd Thomas $86,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold $850,000 -5.5% $376 / Sq Ft
01/19/2024 01/19/24 Price Changed $899,000 -6.8% $398 / Sq Ft
11/01/2023 11/01/23 Price Changed $965,000 -3.4% $427 / Sq Ft
10/06/2023 10/06/23 Price Changed $999,000 -2.9% $442 / Sq Ft
08/28/2023 08/28/23 Price Changed $1,029,000 -2.5% $455 / Sq Ft
06/28/2023 06/28/23 Price Changed $1,055,000 -4.0% $467 / Sq Ft
05/17/2023 05/17/23 Price Changed $1,099,000 -4.4% $486 / Sq Ft
05/02/2023 05/02/23 Price Changed $1,149,000 -3.8% $508 / Sq Ft
04/21/2023 04/21/23 For Sale $1,195,000 +149.0% $529 / Sq Ft
09/27/2019 09/27/19 Sold $480,000 -6.8% $212 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $515,000 +14.5% $228 / Sq Ft
07/01/2015 07/01/15 Sold $449,833 -6.1% $199 / Sq Ft View Prior Sale
05/05/2015 05/05/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $479,000 -- $212 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,336 $709,094 $338,000 $371,094
2023 $5,336 $791,718 $435,000 $356,718
2022 $4,473 $611,087 $250,000 $361,087
2021 $3,807 $396,865 $75,000 $321,865
2020 $3,844 $398,884 $73,200 $325,684
2019 $4,133 $433,542 $75,000 $358,542
2018 $3,599 $401,317 $0 $0
2017 $3,521 $393,063 $0 $0
2016 $3,565 $384,979 $0 $0
2015 $3,177 $333,053 $0 $0
2014 $3,236 $330,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11368893

MIAMI REALTORS® MLS

APN: 00554891-006700