$545,000
SOLD JUL 28, 2020

97501 Overseas Hwy Unit 708 Key Largo, FL 33037

3 Beds
3 Baths
2,123 Sq Ft
3,140 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

4% Below List Price

263 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Gated with Attendant
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Schwingggg

About This Home

As of July 2024

Must see this beautiful townhome located in the prestigious Mariners Club close to Ocean Reef & The Mainland. Updated & turn key w/ lovely covered porches for your enjoyment. Steps to the resort-style pools & hot tubs w/ a stunning clubhouse. Enjoy tennis or pickle ball, a professional fitness center & more. Resort Style amenities to include a rare Ocean front Marina where you can rent a slip! 24/7 manned/gated security. Investors welcome for a great rental history. Quarterly HOA fees to include insurance & water, capital contribution & a 100% refundable at resale equity fee is required for purchase. Manager on-site manager & staff for your convenience. 118 units & a rare, oceanfront marina makes this very intimate & sought after community!

Last Agent to Sell the Property

Iris Marie McDonald

Illustrated Properties, LLC License #520066 Listed on: 09/26/2019

Illustrated Properties, LLC

Last Buyer's Agent

Christy Hughes

Moorings Realty, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 3,140 Sq Ft Lot
  • Ocean Front

Home Design

  • Metal Roof

Interior Spaces

  • 2,123 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Dock Facilities
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00554891-007400

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include building insurance, security, water, common area mnt
  • Key Largo North Marnier's Club Subdivision

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,527

Year Built

Built in 2003 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Association Fee: 3918.76
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Building Insurance, Security, Water, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 97.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Manager on Premises, Handicap Facilities, Clubhouse, Community Pool, Community Dockage, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 3527.22
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 2003
  • Alternate Key Number: 8632525
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 3140.00
  • Porch Balcony: Deck, Roof Top Deck, Patio, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2123.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Smoke Alarms, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Dock Privileges
  • Waterfront: Oceanfront
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00554891-007400
  • Land Size: 10 or more Acres
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jul 9, 2024
Sold by
Palmiotto Dina and Palmiotto Jennifer
Bought by
Estefan Jose Roman and Deestefan Patrica De
Seller's Agent
Christy Hughes
Coldwell Banker Schmitt Real E
Buyer's Agent
Jennifer Estefan Casais
Luxe Properties
List Price
$1,050,000
Sold Price
$885,000
Premium/Discount to List
-$165,000
-15.71%
Total Days on Market
263
Views
220
Current Estimated Value
$935,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,651
Avg. Annual Appreciation
6.53%
Original Mortgage
$509,000
Outstanding Balance
$505,178
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$430,473

Purchase Details

Listed on
Sep 26, 2019
Closed on
Jul 28, 2020
Sold by
Caires Murphy Maria Jose De and Caires Maria Jose
Bought by
Palmiotto Dina and Palmiotto Jennifer
Seller's Agent
Iris Marie McDonald
Illustrated Properties, LLC
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$565,000
Sold Price
$545,000
Premium/Discount to List
-$20,000
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$408,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 21, 2016
Sold by
97501 Mariners Club Llc
Bought by
Decaires Maria Jose
Seller's Agent
Silvestri Team Jeanette & Janessa Silves
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Creative Technology
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$130,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2008
Sold by
Holt Anderson Robert F and Holt Judd Lee
Bought by
Mariners Club Llc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Holt Anderson Robert F and Holt Judd Lee
Bought by
Mariners Club Llc

Purchase Details

Closed on
Mar 17, 2008
Sold by
Holt John T
Bought by
Holt Anderson Robert F and Holt Judd Lee

Purchase Details

Closed on
Apr 23, 2007
Sold by
Holt John T
Bought by
Nomura & Credit Capital Llc

Purchase Details

Closed on
May 2, 2006
Sold by
Judd Lee H and Wilson Sarepta P
Bought by
Wilson Sarepta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2004
Sold by
Eckhardt Marshall and Eckhardt Sharon
Bought by
Judd Lee H and Wilson Sarepta P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,600
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Bought by
97501 Mariners Club Llc

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
Unknown

Purchase Details

Closed on
Apr 16, 2002
Bought by
97501 Mariners Club Llc

Purchase Details

Closed on
Mar 20, 2002
Bought by
97501 Mariners Club Llc

Purchase Details

Closed on
Sep 1, 1991
Bought by
97501 Mariners Club Llc
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 Type Sale Price Title Company
Warranty Deed $885,000 Fv Title & Escrow Llc
Warranty Deed $545,000 Coastal Title & Closing Servic
Warranty Deed $465,000 Attorney
Quit Claim Deed $375,000 Attorney
Quit Claim Deed $375,000 Attorney
Warranty Deed -- Attorney
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $1,300,000 Comprehensive Title Co
Warranty Deed $932,000 --
Warranty Deed $850,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $509,000 New Conventional
Previous Owner $408,750 New Conventional
Previous Owner $319,000 New Conventional
Previous Owner $130,000 New Conventional
Previous Owner $975,000 Fannie Mae Freddie Mac
Previous Owner $200,000 Unknown
Previous Owner $198,000 Unknown
Previous Owner $745,600 Purchase Money Mortgage
Previous Owner $130,000 Credit Line Revolving
Previous Owner $595,000 Unknown
Closed $93,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $885,000 -0.1% $417 / Sq Ft
05/24/2024 05/24/24 Price Changed $885,525 -4.3% $417 / Sq Ft
04/18/2024 04/18/24 Price Changed $925,525 -1.1% $436 / Sq Ft
04/03/2024 04/03/24 Price Changed $935,525 -2.1% $440 / Sq Ft
03/25/2024 03/25/24 Price Changed $955,525 -4.0% $450 / Sq Ft
02/23/2024 02/23/24 Price Changed $995,525 -5.2% $469 / Sq Ft
10/02/2023 10/02/23 For Sale $1,050,000 +92.7% $494 / Sq Ft
07/28/2020 07/28/20 Sold $545,000 -3.5% $257 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $565,000 0.0% $266 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
01/04/2020 01/04/20 For Sale $565,000 +2.7% $266 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $550,000 +18.3% $259 / Sq Ft
10/21/2016 10/21/16 Sold $465,000 -0.9% $219 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $469,000 -- $221 / 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 $5,738 $779,380 $338,000 $441,380
2023 $5,738 $863,020 $435,000 $428,020
2022 $4,822 $683,019 $250,000 $433,019
2021 $4,113 $456,052 $75,000 $381,052
2020 $3,568 $386,993 $73,200 $313,793
2019 $3,795 $392,281 $75,000 $317,281
2018 $4,108 $422,254 $85,565 $336,689
2017 $3,875 $395,581 $0 $0
2016 $3,506 $338,282 $0 $0
2015 $3,402 $318,751 $0 $0
2014 $3,542 $324,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587731

Florida Keys Board of REALTORS®

APN: 00554891-007400