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Under contract
  • Price cut: $75K (7/14)
    $1,600,000

    97501 Overseas Hwy #334, Key Largo, FL 33037

    2beds
    1,876sqft
    : 
    $10,620/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $1,505,300 Zestimate®
    $853/sqft
    $1,273/mo HOA

    What's special

    Two large swimming poolsPremium finishesOpen-air verandaFishing pierSandy beachWaterfall grottoOne-of-a-kind indoor pickleball courts
    Oceanfront Top Floor Luxury Condo in desirable Mariner's Club Resort and Marina with breathtaking open ocean views from your very first step inside. Soak in the ocean breeze on the open-air veranda or spend the day enjoying a full slate of resort-style amenities. This spacious private villa is offered move-in ready with hand-picked island-style furniture perfect for your personal use and/or to continue with the current professional rental managers for an income-producing investment with short-term, nightly rentals allowed. This 2-bedroom, 2.5 bath condo has been enjoyed as a relaxing second home and has also been a popular rental for the past 10 years with repeat guests returning year after year. The home itself is a spacious split plan with high ceilings, premium finishes, gleaming marble floors, impact windows and doors, stainless appliances and a new A/C system. The ocean view primary suite includes generous his-and-hers walk-in closets, and an elegant ensuite bath with spa tub, glassed shower and dual vanities. The private second bedroom also offers a king bed, large closet, and ensuite bath, and there are large flat screen TVs in both bedrooms and the living room. The nearly 2,000 square foot unit is all on one level (no interior stairs) and offers enough space to be easily converted to a 3-bedroom if desired. Mariner's Club is a prestigious resort-style community with two large swimming pools, waterfront clubhouse with intriguing lounge and event spaces, spa, waterfall grotto, fitness center, a staffed 43-slip marina with dry rack storage, basketball and tennis courts, and one-of-a-kind indoor pickleball courts for playing in any weather! The tropically landscaped grounds include a sandy beach, tiki huts, a fishing pier, EV charging stations, lush orchid gardens, a manned guard gate and 24-hour security. In addition to the long list of amenities, Mariner's Club is also desirable to investors because it allows nightly rentals, which is very rare in the Keys!
    141 days
    230
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Brett Newman 305-393-1770,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 619540MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Wine Cooler, Stainless Steel Appliance(s)
      Features
      • Granite Counters, Storage, Walk-in Closet(s)
      • Flooring: Tile, Marble
      • Furnished: Yes
      Interior area
      • Total structure area: 1,876
      • Total interior livable area: 1,876 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony
      • Has private pool: Yes
      • Pool features: In Ground
      • On waterfront: Yes
      Details
      • Parcel number: 00554895000334
      • Zoning: RL - Residential Low

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • CBS, Concrete
      Condition
      • Year built: 2005

      Community & HOA

      Community
      • Features: Community Dockage, Clubhouse, Manager on Premises, Fire Hydrant, Beach, Bike Paths
      • Security: Security Gate, Gated with Guard, Security Guard
      • Subdivision: Key Largo North - Marnier's Club (97.0)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
      • HOA fee: $3,818 quarterly
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $853/sqft
      • Tax assessed value: $1,287,528
      • Annual tax amount: $10,387
      • Date on market: 4/17/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,505,300

        $1.43M - $1.58M

        $4,668/mo

        Price history

        DateEventPrice
        8/30/2026Contingent$1,600,000$853/sqft
        Source: FLKMLS #619540 Report a problem
        7/14/2026Price change$1,600,000-4.5%$853/sqft
        Source: FLKMLS #619540 Report a problem
        5/21/2026Price change$1,675,000-4.3%$893/sqft
        Source: FLKMLS #619540 Report a problem
        4/17/2026Listed for sale$1,750,000+146.5%$933/sqft
        Source: FLKMLS #619540 Report a problem
        2/12/2016Sold$710,000+57.6%$378/sqft
        Source: FLKMLS #569972 Report a problem
        12/19/2008Sold$450,500-73.9%$240/sqft
        Source: Public Record Report a problem
        12/20/2005Sold$1,723,900$919/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,387 +7.9%$1,149,323 +10%
        2024$9,627 +6%$1,044,839 +10%
        2023$9,081 +17.1%$949,854 +10%
        2022$7,756 +11.5%$863,504 +10%
        2021$6,956 +1.5%$785,004 +2.3%
        2020$6,853 $767,192
        2019$6,853 0%$767,192 +0.3%
        2018$6,855 +3.5%$764,867 +20.9%
        2017$6,626 +13.2%$632,768 +16%
        2016$5,854 +24.9%$545,502 +40.5%
        2015$4,688 $388,332
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33037

        Getting around

        15 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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