UNDER CONTRACT
$105K PRICE DROP
97501 Overseas Hwy Unit 709 Key Largo, FL 33037
Estimated payment $9,373/month
Total Views
21,532
3
Beds
3.5
Baths
2,396
Sq Ft
$455
Price per Sq Ft
Highlights
- Ocean Front
- Boat Ramp
- Sandy Beach
- Coral Shores High School Rated A
- Beach
- 1-minute walk to Schwingggg
About This Home
Welcome to Mariners Club, where resort-style living meets an exceptional investment opportunity. Nestled in the heart of Key Largo, this exquisite oceanfront property offers the perfect blend of luxury and profitability, with an impressive average gross income of almost $200k a year.This gated community is one of the rare gems in the Upper Keys that allows nightly rentals. Indulge in the incredible amenities, including an oceanfront marina, sparkling pools, sandy beach, tennis and pickleball(indoor&outdoor),clubhouse, and fully-equipped gym. This turn-key, completely upgraded and remodeled townhome features high end furnishings & finishings. Boasting Italian porcelain tile throughout, chefs kitchen, leather furniture and more is unlike any other residence in the community. The flexible layout has a completely separate high end 1br/1ba guest suite on the lowest level that can be locked off for owners use or seamlessly connected by an interior staircase to the rest of the home. With a total of 3 bedrooms and 3.5 baths, everyone will enjoy the space and privacy they deserve. The Rooftop Patio provides a relaxing vibe while the downstairs patio provides a perfect place for outdoor cooking and dining.Mariners Club has an excellent rental history, with dockage available. Plus, it's pet-friendly for owners, so Fido can join in on the fun. There are no restrictions on the length of rentals, allowing owners to manage their property as they see fit. The current owner has worked to make this a high end, high dollar rental with 5 star reviews on AirBNB/VRBO- the LLC that lists it will convey with purchase- you are getting the BUSINESS AND THE PROPERTY, with future rentals already on the books and repeat customers waiting to come back! Ready to rent to your most discriminating customers or enjoy for yourself. All furnishings included. Experience the epitome of Florida Keys living at Mariners Club - a true paradise for your soul and your wallet.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,233
Year Built
- Built in 2003 | Remodeled
Lot Details
- 3,140 Sq Ft Lot
- Ocean Front
- Sandy Beach
HOA Fees
- $2,686 Monthly HOA Fees
Home Design
- Pre-Cast Concrete Construction
Interior Spaces
- 2,396 Sq Ft Home
- 3-Story Property
- Furnished
- Blinds
- Tile Flooring
Kitchen
- Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Parking
- Guest Parking
- Off-Street Parking
Pool
- Concrete Pool
- Heated In Ground Pool
Outdoor Features
- Balcony
- Deck
Utilities
- Central Heating and Cooling System
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00554891-007500
Community Details
Overview
- Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, sewer
- Key Largo North Marnier's Club Subdivision
Recreation
- Boat Ramp
- Beach
- Tennis Courts
Pet Policy
- Pet Restriction: Owners 2 pets
Security
- Impact Glass
Map
Create a Home Valuation Report for This Property
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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 | $7,233 | $746,456 | $338,000 | $408,456 |
| 2023 | $7,233 | $832,820 | $435,000 | $397,820 |
| 2022 | $5,606 | $652,226 | $250,000 | $402,226 |
| 2021 | $3,934 | $412,499 | $75,000 | $337,499 |
| 2020 | $4,002 | $418,233 | $73,200 | $345,033 |
| 2019 | $4,053 | $423,861 | $75,000 | $348,861 |
| 2018 | $4,250 | $439,314 | $85,565 | $353,749 |
| 2017 | $3,966 | $412,981 | $0 | $0 |
| 2016 | $3,742 | $365,573 | $0 | $0 |
| 2015 | $3,654 | $347,406 | $0 | $0 |
| 2014 | $3,769 | $349,439 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Price Changed | $1,089,000 | -8.8% | $455 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $1,194,000 | +32.7% | $498 / Sq Ft |
| 07/12/2021 07/12/21 | Sold | $900,000 | -2.7% | $376 / Sq Ft |
| 03/16/2021 03/16/21 | For Sale | $925,000 | +172.1% | $386 / Sq Ft |
| 03/16/2015 03/16/15 | Sold | $340,000 | -2.6% | $142 / Sq Ft |
| 03/10/2015 03/10/15 | Pending | -- | -- | -- |
| 08/15/2014 08/15/14 | For Sale | $349,000 | -- | $146 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Kurnik Law | |
| Warranty Deed | $900,000 | Attorney | |
| Warranty Deed | $340,000 | None Available | |
| Special Warranty Deed | $153,300 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $850,000 | Florida Title Of The Keys | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $900,000 | Unknown | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $680,000 | Unknown |
Source: Public Records
Similar Homes in Key Largo, FL
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 613020
APN: 00554891-007500
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