$950,000
SOLD JUL 17, 2025

97501 Overseas Hwy Unit 709 Key Largo, FL 33037

3 Beds
3.5 Baths
2,396 Sq Ft
$2,686/mo HOA Fee

Recently Sold

$396 Per Sq Ft

20% Below List Price

134 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Sandy Beach
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Schwingggg

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Dawn McComish

Lokation Real Estate License #3021595 Listed on: 01/07/2025

Lokation Real Estate

Last Buyer's Agent

outside of mls

Outside Of MLS

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
  • Minimum Rental Period: 1
  • 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,233

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$2,686 per month

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
  • Sale Terms: Conventional
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
David W Donie Trust
Bought by
Donie Investments Llc

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jul 9, 2021
Sold by
Pilsbury Ana Ofelia Castellanos and Pilsbury Annette Castellanos
Bought by
David W Donie Trust
Seller's Agent
Connie Arrabal
Century 21 Circle
Buyer's Agent
Diana Valbuena
Pedrin of Miami Realty, Inc.
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Listed on
Aug 15, 2014
Closed on
Mar 12, 2015
Sold by
Jackson Andrew J
Bought by
Irrev Pilsbury Ana Ofelia Castellanos and 2003 Annette Castellanos Irrevocable Tru
Seller's Agent
Carol Brenn
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Misty Pace
Coldwell Banker Schmitt Key Largo
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Original Mortgage
$170,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Bank Of America Na
Bought by
Jackson Andrew J and Andrew J Jackson Iii Living Trust

Purchase Details

Closed on
Sep 20, 2010
Sold by
Thornburg Mortgage Home Loans Inc
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 10, 2009
Sold by
Coleman Cristal and Merret Jennifer
Bought by
Thornburg Mortgage Home Loans Inc

Purchase Details

Closed on
May 16, 2003
Sold by
Ocean Key Associates Ltd
Bought by
Coleman Cristal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2002
Bought by
Castellanos 2003 Annette Irrevocable Trust

Purchase Details

Closed on
Mar 20, 2002
Bought by
Castellanos 2003 Annette Irrevocable Trust

Purchase Details

Closed on
Sep 1, 1991
Bought by
Castellanos 2003 Annette Irrevocable Trust
Source: Public Records

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Range of Values:

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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
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

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $950,000 -12.8% $396 / Sq Ft
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®

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 $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

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613020

APN: 00554891-007500