97501 Overseas Highway 709, Key Largo, FL 33037

$950,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,396 Lot Size (sq. ft.): 3,140 Status: Closed
Current Price: $950,000 List Date: 1/08/2025 Last Modified: 7/18/2025

Description

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.

More Information MLS# 613020

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $950,000 Listing Date: 2025-01-07 Sold Price: $950,000

Location, Tax & Legal

Unit #: 709 City: KEY LARGO Mile Marker: 97 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 8632533 Parcel #: 00554891-007500 Zoning: RH - Residential High Deed Restrictions: Unknown Legal: UNIT 709 MARINERS CLUB (A/K/A BK 7 LT 9 KEY LARGO NORTH PB7-22) OR838-285/287 OR915-69/70 OR1007-1064/1075 OR1017-1010/ Taxes: 7232.52 Tax Year: 2023 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: No Control Depth: 0 Lot SqFt: 3140 Pool: Yes Total Units: 0 Acres: 0.07 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 1 Style: Townhouse Year Built: 2003 Living Apx SqFt: 2396 Total Bedrooms: 3 Full Baths: 3 Half Baths: 1 Total Baths: 4

Remarks & Misc

Remarks – Consumer: 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.

Status Change Info

Sold Comments: Thanks for a successful transaction. Sold Date: 2025-07-17 Sold Price: $950,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Association Fee $: 8057.16 Assoc/Mnt Fee Per: Quarterly

License Info

Transient Rntl Licns: Yes

Fee Includes

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

Dockage

Other Dockage: 1

Tax Exemptions

Homestead: 1

Appliances

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

Pets

Pets w/Restrictions: Owners 2 pets

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Community Boat Ramp: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Quartz Countertops: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Stories: 3 Stories Townhouse: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Guest Parking: 1 Off Street Parking: 1

Construction

Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 Seller Finance Psble: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1 Roof Top Deck: 1

Title

Title Ins - Buyer: 1

Exterior Features

Sandy Beach: 1 Tennis Court(s): 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Pre-Wired

Cable: 1

Financial Status

Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer; Water Tax Exemptions: Homestead Waterfront: Oceanfront 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 Heating: Central Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Quartz Countertops; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Sandy Beach; Tennis Court(s) Pool Info: In Ground; Concrete Construction: Concrete Floor: Tile Neighborhood Feature: Beach; Community Boat Ramp Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; Seller Finance Psble Title: Title Ins - Buyer
Listing Office: Lokation Real Estate
Last Updated: July - 18 - 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.