97501 Overseas Highway 131, Key Largo, FL 33037

$2,099,990
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,635 Status: Active
Current Price: $2,099,990 List Date: 10/30/2025 Last Modified: 12/11/2025

Description

OCEANFRONT 4 BEDROOM PENTHOUSE at the Exclusive Mariners Club, beautifully updated with modern decor, fresh paint, and stylish new furniture - all thoughtfully curated for the perfect turnkey experience! Airy and bright with natural light from the extra windows and large sliding doors opening up to a spacious balcony overlooking the deep water marina and sparkling Atlantic. Whether you're admiring your boat from the porch or soaking up the breathtaking views with a refreshing drink in hand, this home defines luxurious relaxation. Ideal for both personal use & investment, you have the opportunity to rent out the unit with no rental restrictions, allowing you to generate income when not in residence, helping to offset carrying costs. This highly desirable rental unit generates strong income, earning over $50,000 in gross revenue annually, even with the owner occupying it for three winter months (high season). With 4 spacious bedrooms, 3 full baths and an open concept living area, there's plenty of room for the whole family to enjoy! The primary suite overlooks the marina and features an ensuite bath with walk in closet, jet tub, and marble shower. Three additional bedrooms, 2 full bathrooms, and a laundry room complete the layout. Desireable upgrades include travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with freshly painted cabinets, granite counters & stainless appliances. Take advantage of all the resort style amenities Mariners Club is known for: two large pools, a grotto hot tub, private marina w/ dry stack boat storage & in/out service, a gym, & both INDOOR & outdoor pickleball courts. Additional features include tennis courts, a gated community entry w/ 24-hour security, & so much more. Turnkey and pristine - no updates needed! Just bring your bags and enjoy the perfect resort style living in Key Largo!

More Information MLS# 617095

Contract Information

Listing Board: Florida Keys Current Price: $2,099,990 Listing Date: 2025-10-22 List Price: $2,099,990

Location, Tax & Legal

Unit #: 131 City: KEY LARGO Mile Marker: 97 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 9080440 Parcel #: 00554893-000131 Bldg Nbr: 1 Zoning: SR - Sub Urban Residential District Deed Restrictions: Unknown Legal: UNIT 131 THE DOLPHIN AT MARINERS CLUB A CONDO OR2096-8/10 OR2352-138/40 OR2382-2290/91 OR2595-586/88 Taxes: 10475.95 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 97501 Street Name: Overseas Street Suffix: Highway Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Key Largo North - Marnier's Club (97.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: Yes Control Depth: 4 Lot SqFt: 0 Unit/Complex: Unit Pool: Yes Lot Sqft Source: Tax Records Total Units: 0 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Floor Number: 3 Style: Condo Year Built: 2004 Living Apx SqFt: 2635 Total Bedrooms: 4 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: OCEANFRONT 4 BEDROOM PENTHOUSE at the Exclusive Mariners Club, beautifully updated with modern decor, fresh paint, and stylish new furniture - all thoughtfully curated for the perfect turnkey experience! Airy and bright with natural light from the extra windows and large sliding doors opening up to a spacious balcony overlooking the deep water marina and sparkling Atlantic. Whether you're admiring your boat from the porch or soaking up the breathtaking views with a refreshing drink in hand, this home defines luxurious relaxation. Ideal for both personal use & investment, you have the opportunity to rent out the unit with no rental restrictions, allowing you to generate income when not in residence, helping to offset carrying costs. This highly desirable rental unit generates strong income, earning over $50,000 in gross revenue annually, even with the owner occupying it for three winter months (high season). With 4 spacious bedrooms, 3 full baths and an open concept living area, there's plenty of room for the whole family to enjoy! The primary suite overlooks the marina and features an ensuite bath with walk in closet, jet tub, and marble shower. Three additional bedrooms, 2 full bathrooms, and a laundry room complete the layout. Desireable upgrades include travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with freshly painted cabinets, granite counters & stainless appliances. Take advantage of all the resort style amenities Mariners Club is known for: two large pools, a grotto hot tub, private marina w/ dry stack boat storage & in/out service, a gym, & both INDOOR & outdoor pickleball courts. Additional features include tennis courts, a gated community entry w/ 24-hour security, & so much more. Turnkey and pristine - no updates needed! Just bring your bags and enjoy the perfect resort style living in Key Largo! Directions: Mile marker 97 oceanside, gated, need agent to enter

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 4262.62 Maintenance Fee $: 3561.88 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1 Sewer: 1 Water: 1

Dockage

Dock Privileges: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Harbor/Marina View: 1 Ocean View: 1 Open Water View: 1

Floor

Marble: 1 Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Clubhouse: 1 Community Dockage: 1 Community Pool: 1 Fire Hydrant: 1 Manager on Premises: 1 Tennis Courts: 1

Interior Features

Bar: 1 Drapes/Blinds Incl: 1 Entrance Foyer: 1 Granite Counter Top: 1 Smoke Alarms: 1 Split Bedroom: 1 Storage: 1 Walk-in Closet(s): 1 Whirlpool Bath Tub: 1

Specialty Rooms

Laundry Room: 1 Utility Room: 1

Building Style

Above Flood: Yes

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1

Security

Electric Gate: 1 Manned Gate: 1 Patrolled Area: 1

Construction

CBS: 1 Concrete: 1

Land Size

10 or more Acres: 1

Furnished

Furnished: 1 Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Bar: 1 Hot Tub: 1 Sprinkler System: 1 Tennis Court(s): 1 Water Display: 1

Pool Info

In Ground: 1 Heated: Yes

Pre-Wired

Cable: 1

Roof

Concrete Roof: 1

Accessibility Feat

Accessible Elevator Installed: 1 Accessible Kitchen: 1 Parking: 1 Wheelchair Ramp: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Harbor/Marina View; Ocean View; Open Water View Dockage: Dock Privileges Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished; Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Bar; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Whirlpool Bath Tub Pre-Wired: Cable Specialty Rooms: Laundry Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Hot Tub; Sprinkler System; Tennis Court(s); Water Display Accessibility Feat: Accessible Elevator Installed; Accessible Kitchen; Parking; Wheelchair Ramp Pool Info: In Ground Construction: CBS; Concrete Floor: Marble; Tile Roof: Concrete Roof Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Dockage; Community Pool; Fire Hydrant; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: 10 or more Acres Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: December - 11 - 2025
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.