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$985,000
97501 Overseas Highway, 705
Key Largo, FL 33037
MLS# 606674
3 beds  |  4 baths  |  2260 sqft
 | 
Mariners Club - gated and lush community with marina, two beautiful pools, tennis, pickleball, beach areas, clubhouse and gym
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Mariners Club - gated and lush community with marina, two beautiful pools, tennis, pickleball, beach areas, clubhouse and gym Coastal feel - perfect for a Florida Keys vacation home Resort-like ocean front complex in the heart of Key Largo - not restrictions on vacation rentals Bottom floor - above flood - guest suite with private entrance and indoor access to upper floors Lower level LR with a view toward the kitchenette and the bedroom Lower level living room with a view toward private entrance to exterior Kitchenette in the ground floor suite Ground floor suite Ground floor suite with access to back patio Back patio off the ground floor suite Full bath in the lower level guest suite Middle floor - kitchen, living and dining areas - plus a screened in patio Coastal feel - perfect for a Florida Keys vacation home Quartz 'waterfall' counter top Updated kitchen Impact windows and doors, updated tile floors Living room, into the kitchen Enjoy privacy on the leafy patio off the living room Enjoy privacy on the leafy patio off the living room Enjoy privacy on the leafy patio off the living room Half bath off the kitchen so guests don't need to go through a bedroom Primary Bedroom Suite Top floor - primary and guest bedrooms, each with en suite baths. Access from primary to private rooftop deck Primary Bedroom Suite Primary Bedroom Suite - access to rooftop deck Primary Bedroom Suite Rooftop deck for stargazing Ensuite bath for primary bedroom Ensuite bath for primary bedroom Upstairs guest bedroom Upstairs guest bedroom Upstairs guest bedroom en suite full bath 97501 Overseas Highway, 705, Key Largo, FL 33037 'beach entry' at the Oasis Pool Beach area Marina with wet slips for guests and dry tack storage for owner and long term renters Pier into the Atlantic Dry Rack storage for owners and renters of longer than 6 months $15 per foot, per month 16K #max weight Bring out your inner mermaid at the Grotto Spa Bring out your inner mermaid at the Grotto Spa Second pool - elevated for excellent views Second pool - elevated for excellent views Three courts: one tennis, two pickle ball Club house Club house with ping pong and pool table Club house with ping pong and pool table Spectacular Mariners Club - 70 mins to MIA Keep up with your workouts at the Mariner Club gym Manned gate house

Property Description
Exactly what you're looking for! A Florida Keys vacation home where you can make happy memories with family & friends AND earn income when you can't be there. Resort-style living awaits you & your guests at Mariners Club, an ocean-front gated community in the heart of Key Largo. Two beautiful pools, deep water marina, beach, tennis, pickle ball, gym and a club house add up to lots of fun for you and your guests. Unique in the Upper Keys, Mariners Club has no restrictions on vacation rentals. You're in control: rent on your own or use any local management company. No max/min number of days to rent. This low-maintenance, three level townhome oozes coastal charm and boasts a flexible layout - perfect for vacationing with friends and extended family. Updated kitchen with waterfall quartz counter and Shaker cabinets, updated bathrooms, impact windows and doors, tough and appealing plank tile flooring. This home is offered turn key and fully furnished - ready for you and/or your rental guests to enjoy immediately! Three bedrooms, three and a half baths in all. The entire ground floor is a (permitted & above flood) apartment-style guest suite with private entrance and is connected to the upper levels by an interior staircase. Upstairs you'll find spacious and renovated living & dining areas, fresh new kitchen plus two bedrooms and two and half updated baths. No need to worry about landscaping or a pool service or beach clean up. At Mariners Club, all that is taken care of. All you need to do it kick back and relax. Owners and renters of 6 mos+ can bring pets and enjoy dry rack dockage. Grossed $72,756 in 2023 with 29 owner use nights! Due from buyer at closing: $45,000 equity membership refundable at closing, non refundable $14,053.02 capital contribution.

Details
Maps
Contract Information
Current Price: $985,000
Listing Date: 2023-09-17
Listing Board: Florida Keys
List Price: $985,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 97501
Street Name: Overseas
Street Suffix: Highway
Unit #: 705
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
Off Shore Island: No
County: Monroe
Subdivision: Key Largo North - Marnier's Club (97.0)
Mile Marker: 97.5
Area: 27 - Key Largo MM 97-107
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE 8
Alternate Key #: 8632495
Parcel #: 00554891-007100
Bldg Nbr: 7
Zoning: SC - Sub Urban Commercial District
Deed Restrictions: Unknown
Legal: UNIT 705 MARINERS CLUB (A/K/A BK 7 LT 5 KEY LARGO NORTH PB7-22)
Taxes: 5440.07
Tax Year: 2022
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 3
Unit/Complex: Complex
Pool: Yes
Year Built: 2003
Total Units: 118
Lot SqFt: 3140
Lot Sqft Source: Tax Records
Acres: 0.07
Living Apx SqFt: 2260
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 3
Half Baths: 1
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 1
Remarks & Misc
Remarks – Consumer: Exactly what you're looking for! A Florida Keys vacation home where you can make happy memories with family & friends AND earn income when you can't be there. Resort-style living awaits you & your guests at Mariners Club, an ocean-front gated community in the heart of Key Largo. Two beautiful pools, deep water marina, beach, tennis, pickle ball, gym and a club house add up to lots of fun for you and your guests. Unique in the Upper Keys, Mariners Club has no restrictions on vacation rentals. You're in control: rent on your own or use any local management company. No max/min number of days to rent. This low-maintenance, three level townhome oozes coastal charm and boasts a flexible layout - perfect for vacationing with friends and extended family. Updated kitchen with waterfall quartz counter and Shaker cabinets, updated bathrooms, impact windows and doors, tough and appealing plank tile flooring. This home is offered turn key and fully furnished - ready for you and/or your rental guests to enjoy immediately! Three bedrooms, three and a half baths in all. The entire ground floor is a (permitted & above flood) apartment-style guest suite with private entrance and is connected to the upper levels by an interior staircase. Upstairs you'll find spacious and renovated living & dining areas, fresh new kitchen plus two bedrooms and two and half updated baths. No need to worry about landscaping or a pool service or beach clean up. At Mariners Club, all that is taken care of. All you need to do it kick back and relax. Owners and renters of 6 mos+ can bring pets and enjoy dry rack dockage. Grossed $72,756 in 2023 with 29 owner use nights! Due from buyer at closing: $45,000 equity membership refundable at closing, non refundable $14,053.02 capital contribution.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 7723.4
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Pool Info
Heated: Yes
Pets
Pets w/Restrictions: owners/renters 6 mo+
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; None
Waterview: No Waterview
Dockage: Other Dockage
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Guest Parking; Off Street Parking
Furnished: Furnished
Cooling: Central Air
Porch/Balcony: Deck; Open Porch/Balcony; Roof Top Deck
Utilities: FKAA
Interior Features: Quartz Countertops
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Pool Info: In Ground
Construction: Concrete
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window
Floor: Carpet; Tile
Roof: Metal Roof
Security: Manned Gate
Land Size: 10 or more Acres
Terms: Cash; Conventional; FHA; No Seller Finance

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: April - 07 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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