97501 Overseas Highway 312, Key Largo, FL 33037 (MLS# 616474)

97501 Overseas Highway 312, Key Largo, FL 33037

$1,800,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,876 Status: Active

Current Price: $1,800,000 List Date: 9/12/2025 Last Modified: 9/26/2025

Description

WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller is transferring their $45K equity membership to buyer - that's nearly fifty grand in instant value! Your clients need to see this TODAY before another agent scoops it up. This is the listing that builds million-dollar relationships and creates clients for life!

More Information MLS# 616474

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $1,800,000 Listing Date: 2025-09-11 List Price: $1,800,000

Location, Tax & Legal

Unit #: 312 City: KEY LARGO Off Shore Island: No Mile Marker: 97 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,AE Alternate Key #: 9085117 Handicap Access: Yes Parcel #: 00554895-000312 Zoning: RL - Residential Low Deed Restrictions: Unknown Legal: UNIT 312 THE SAILFISH AT MARINERS CLUB A CONDOMINIUM OR2174-424 OR2174-469 OR2547-764 OR2976-2413 OR3231-1516 Taxes: 8975.22 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: 10 Lot SqFt: 0 Unit/Complex: Complex Pool: Yes Total Units: 0 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Floor Number: 1 Style: Condo Year Built: 2005 Living Apx SqFt: 1876 Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller is transferring their $45K equity membership to buyer - that's nearly fifty grand in instant value! Your clients need to see this TODAY before another agent scoops it up. This is the listing that builds million-dollar relationships and creates clients for life!

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 6767.36 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 Ice Machine: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

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

Floor

Carpet: 1 Marble: 1

Neighborhood Feature

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

Interior Features

Built-in Cabinets: 1 Smoke Alarms: 1 Walk-in Closet(s): 1 Whirlpool Bath Tub: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Gym: 1 Laundry Room: 1 Utility Room: 1

Building Style

Above Flood: Yes Stories: 3 Stories

Windows/Doors

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

Land Size

10 or more Acres: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Lighting: 1 Sandy Beach: 1 Sprinkler System: 1 Tennis Court(s): 1

Pool Info

In Ground: 1

Pre-Wired

Cat 5: 1

Roof

Concrete Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No

Accessibility Feat

Accessible Elevator Installed: 1 Accessible Kitchen: 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 Property Condition: Updated/Remodeled Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA Interior Features: Built-in Cabinets; Smoke Alarms; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments Pre-Wired: Cat 5 Specialty Rooms: Gym; Laundry Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Chickee Hut; Lighting; Sandy Beach; Sprinkler System; Tennis Court(s) Accessibility Feat: Accessible Elevator Installed; Accessible Kitchen; Wheelchair Ramp Pool Info: In Ground Construction: CBS Floor: Carpet; Marble Roof: Concrete Roof Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Dockage; Community Pool; 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: VRNR, LLC

Last Updated: September - 26 - 2025

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