$1,089,000
$105K PRICE DROP

97501 Overseas Hwy Unit 709 Key Largo, FL 33037

Mariner's Club Neighborhood

Estimated payment $6,669/month

Total Views 15,179
3 Beds
4 Baths
2,396 Sq Ft
$455 Price per Sq Ft

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.

Listing Agent

Dawn McComish

Lokation Real Estate License #3021595

Lokation Real Estate

Map

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,233

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 8057.16
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • 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 Boat Ramp, Beach
  • Pets W Restrictions: Owners 2 pets
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 7232.52
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 2003
  • Alternate Key Number: 8632533
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3140.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Deck
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2396.00
  • Pre Wired: Cable
  • 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, Built-in Cabinets, Quartz Countertops, Walk-in Closet(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront
  • Waterfront: No
  • Construction: Concrete
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00554891-007500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Range of Values:

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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 $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®

Deed 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

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613020

APN: 00554891-007500