$875,000
SOLD MAY 22, 2025

97501 Overseas Hwy Unit 711 Key Largo, FL 33037

3 Beds
3.5 Baths
2,124 Sq Ft
3,140 Sq Ft Lot

Recently Sold

$412 Per Sq Ft

2% Below List Price

114 Days on Market

Highlights

  • Dock Facilities
  • Furnished
  • 1-minute walk to Schwingggg
  • Coral Shores High School Rated A
  • Guest Parking

About This Home

As of May 2025

Rare find! FIRST FLOOR & TOP FLOOR ENSUITE! N/S ExposureMotivated and many upgrades; new AC on ground level with laundry room and lots of parking! Bring your offer; family & friends today. Paradise is calling and opportunity is knocking for a great & beautiful 'find!'Luxury Oceanfront Investment Opportunity - Mariners Club, Key Largo - Furnished/Turn Key! Indoor Pickle Ball! 2 Heated Pools & Hot tubs! Tennis! Kayaking & Protected Oceanfront Marina! Large Boats Welcome; rentals available too! Discover Mariners Club, a premier gated oceanfront community in the highly sought-after Rock Harbor-Key Largo area. This turnkey 3-bedroom, 3.5-bathroom townhome offers the perfect blend of luxury, lifestyle, and income potential, with immediate rentals allowed for maximum returns. Featuring high-end finishes, a chef's kitchen, and versatile living spaces, including a private guest suite, rooftop patio, and outdoor dining area, this home is fully furnished and move-in ready.The amenities are truly off the charts! Mariners Club boasts a rare, protected oceanfront marina with boat slips available for large vessels--a rare find in the Keys! Enjoy two stunning pools (including an oceanfront oasis), a state-of-the-art fitness center, and unmatched sports facilities, including tennis courts, outdoor pickleball courts, and the first and only indoor pickleball court in the Florida Keys.Conveniently located near top resorts, dining, shopping, and excursions, this is the ultimate investment opportunity; whether you're looking for your dream home, a high-yield rental, or a vacation retreat that generates income.Don't miss out; contact us today!

Last Agent to Sell the Property

Iris Marie McDonald

Illustrated Properties, LLC License #520066 Listed on: 01/13/2025

Illustrated Properties, LLC

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,941

Year Built

  • Built in 2003

Parking

  • Guest Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 2,124 Sq Ft Home
  • 3-Story Property
  • Furnished

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Dock Facilities
  • 3,140 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 1

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable, security, common area mnt, bldg exterior mnt, water, sewer
  • Key Largo North Marnier's Club Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,941

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Cable, Security, Common Area Mnt, Bldg Exterior Mnt, Water, Sewer
  • Key Island: Key Largo
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 97.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4941.24
  • Vehicle Storage: Guest Parking
  • Year Built: 2003
  • Alternate Key Number: 8632550
  • Building Style: Townhouse
  • Lot Sq Ft: 3140.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2124.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Sq Ft Remarks: per tax records; 1412 ft. floor living area 712 ft. lower level finished total living square footage equals 2124 ft.

Exterior Features

  • Dockage: Dock Privileges, Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
May 21, 2025
Sold by
Scalone Richard and Scalone Danielle
Bought by
Pacheco Jeanette
Seller's Agent
Iris Marie McDonald
Illustrated Properties, LLC
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$889,000
Sold Price
$875,000
Premium/Discount to List
-$14,000
-1.57%
Views
17
Current Estimated Value
$876,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458
Avg. Annual Appreciation
0.44%
Original Mortgage
$525,000
Outstanding Balance
$523,130
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$353,328

Purchase Details

Closed on
Jan 31, 2020
Sold by
Richard Scalone
Bought by
Scalone Richard and Scalone Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2020
Sold by
Richard Scalone
Bought by
Scalone Richard and Scalone Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2018
Closed on
Dec 27, 2018
Sold by
Murat Yavuz Ahmet
Bought by
Scalone Richard
Seller's Agent
Iris Marie McDonald
Illustrated Properties, LLC
Buyer's Agent
Iris McDonald
5 County Real Estate, Inc.
List Price
$499,990
Sold Price
$465,000
Premium/Discount to List
-$34,990
-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
9.92%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Dec 6, 2018
Sold by
Murat Yavuz Ahmet
Bought by
Scalone Richard
Seller's Agent
Iris Marie McDonald
Illustrated Properties, LLC
Buyer's Agent
Iris McDonald
5 County Real Estate, Inc.
List Price
$499,990
Sold Price
$465,000
Premium/Discount to List
-$34,990
-7%

Purchase Details

Closed on
May 12, 2009
Sold by
Jpmorgan Chase Bank Na
Bought by
Yavuz Ahmet Murat

Purchase Details

Closed on
Oct 3, 2008
Sold by
Holt John T and Mariners Club Homeowners Assn
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Sep 23, 2008
Sold by
Holt John T and Mariners Club Homeowners Assn
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Dec 2, 2005
Sold by
Judd Thomas and Judd Lee H
Bought by
Holt John T

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
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2005
Sold by
Graham Barry and Graham Linda
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
$738,328
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Ocean Key Associates Ltd
Bought by
Graham Barry and Graham Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Bought by
Yavuz Ahmet Murat

Purchase Details

Closed on
Mar 20, 2002
Bought by
Yavuz Ahmet Murat

Purchase Details

Closed on
Sep 1, 1991
Bought by
Yavuz Ahmet Murat
Source: Public Records

Range of Values:

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Average Value
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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 $875,000 None Listed On Document
Warranty Deed $875,000 None Listed On Document
Warranty Deed $100 New Title Company Name
Warranty Deed $100 New Title Company Name
Warranty Deed $435,000 New Title Company Name
Warranty Deed $435,000 New Title Company Name
Corporate Deed $346,500 Bay Title & Escrow Company
Trustee Deed -- Attorney
Trustee Deed -- Attorney
Warranty Deed $1,250,000 Comprehensive Title Co
Warranty Deed $922,910 --
Special Warranty Deed $839,000 Premier Title Company Ltd
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Closed $525,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $312,500 Stand Alone Second
Previous Owner $875,000 Purchase Money Mortgage
Previous Owner $738,328 Purchase Money Mortgage
Previous Owner $629,000 Purchase Money Mortgage
Closed $92,291 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2025 05/22/25 Sold $875,000 -1.7% $412 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $889,900 +0.1% $419 / Sq Ft
01/13/2025 01/13/25 For Sale $889,000 +91.2% $419 / Sq Ft
01/27/2019 01/27/19 Sold $465,000 -7.0% $206 / Sq Ft View Prior Sale
12/13/2018 12/13/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $499,990 -- $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 $4,941 $645,782 $338,000 $307,782
2023 $4,941 $736,511 $435,000 $301,511
2022 $4,121 $559,521 $250,000 $309,521
2021 $3,495 $358,387 $75,000 $283,387
2020 $3,556 $363,577 $73,200 $290,377
2019 $3,605 $369,049 $75,000 $294,049
2018 $4,027 $412,596 $85,565 $327,031
2017 $3,762 $386,044 $0 $0
2016 $3,563 $344,832 $0 $0
2015 $3,453 $324,606 $0 $0
2014 $3,565 $326,941 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 613102

Florida Keys Board of REALTORS®

APN: 00554891-007700