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Sold for $2,025,000
  • $2,025,000

    97501 Overseas Hwy Unit 316, Key Largo, FL 33037

    5beds
    2,635sqft
    Condominium
    Built in 2005
    -- sqft lot
    $2,018,500 Zestimate®
    $769/sqft
    $6,173 Estimated rent

    Home value

    $2,018,500

    $1.92M - $2.12M

    $6,173/mo

    Zestimate® history
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    What's special

    Designer furnishingsBrand-new hvac systemsCustom tackle roomElegant king suites
    EXCLUSIVE FIVE-BEDROOM FLAGSHIP! Meet Hemingway's Hideaway - the ONLY five-bedroom unit in all of Mariners Club and the community's luxury flagship rental that's absolutely crushing revenue expectations! This one-of-a-kind estate is already at $125K gross income year-to-date and projected to smash through $200K in its first full year - that's serious wealth-building performance your high-end client's demand. Your buyers get the ultimate competitive advantage with three elegant king suites, themed children's room, private gym convertible to fifth bedroom, plus every single detail completely remodeled and upgraded including custom tackle room, designer furnishings, brand-new HVAC systems, appliances, artwork, and even down to the linens and glassware - this is turnkey luxury at its absolute finest. Here's the game-changer: current owners are Florida licensed real estate brokers willing to stay on as managers, plus they're transferring 35 five-star VRBO reviews that took years to build - your clients get instant credibility and marketing momentum from day one! This isn't just the premier vacation rental in Mariner's Club; it's the irreplaceable crown jewel that commands premium rates because there's literally nothing else like it in the entire community. Smart money moves fast on properties this rare and profitable!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rocio Hathorn 305-794-1622,

    VRNR, LLC

    Bought with:

    Rocio Hathorn, 3374498

    VRNR, LLC

    Source: FLKMLS,MLS#: 616544MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Wine Cooler, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Walk-in Closet(s), Gym
    • Flooring: Carpet, Marble
    • Furnished: Yes
    Interior area
    • Total structure area: 2,635
    • Total interior livable area: 2,635 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Built-in Barbecue, Chickee Hut, Lighting, Outdoor Shower, Sandy Beach, Tennis Court(s), Water Display
    • Has private pool: Yes
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Heated, Community
    • Fencing: Privacy
    • On waterfront: Yes
    Details
    • Parcel number: 00554895000316
    • Zoning: RL - Residential Low
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Electric: Cat 5

    Community & HOA

    Community
    • Features: Community Dockage, Community Boat Ramp, Clubhouse, Manager on Premises, Beach, Bike Paths
    • Security: Fire Sprinkler System
    • 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: $7,989 quarterly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $769/sqft
    • Tax assessed value: $1,588,842
    • Annual tax amount: $12,697
    • Date on market: 9/18/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/13/2026Sold$2,025,000-5.8%$769/sqft
    Source: FLKMLS #616544 Report a problem
    2/4/2026Contingent$2,149,999$816/sqft
    Source: Key West AOR #616544 Report a problem
    9/18/2025Listed for sale$2,149,999+19.4%$816/sqft
    Source: Key West AOR #616544 Report a problem
    1/9/2024Sold$1,800,000$683/sqft
    Source: Public Record Report a problem
    10/24/2023Contingent$1,800,000$683/sqft
    Source: Key West AOR #606525 Report a problem
    10/9/2023Listed for sale$1,800,000$683/sqft
    Source: Key West AOR #606525 Report a problem
    9/12/2023Contingent$1,800,000$683/sqft
    Source: Key West AOR #606525 Report a problem
    9/3/2023Listed for sale$1,800,000+26.3%$683/sqft
    Source: FLKMLS #606525 Report a problem
    5/4/2021Sold$1,425,000+18.8%$541/sqft
    Source: Public Record Report a problem
    3/9/2020Sold$1,200,000-7.6%$455/sqft
    Source: Public Record Report a problem
    1/7/2020Pending sale$1,299,000$493/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #588641 Report a problem
    12/12/2019Listed for sale$1,299,000+18.1%$493/sqft
    Source: Coldwell Banker Schmitt Key Largo #588641 Report a problem
    11/19/2018Sold$1,100,000-17%$417/sqft
    Source: Public Record Report a problem
    1/3/2018Price change$1,325,000-1.9%$503/sqft
    Source: Glenn Hoover Real Estate Services South Florida, LLC #577450 Report a problem
    11/14/2017Listed for sale$1,350,000+26.8%$512/sqft
    Source: Glenn Hoover Real Estate Services South Florida, LLC #577450 Report a problem
    3/6/2008Sold$1,064,300$404/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,516 +6.4%$1,588,842 +5.1%
    2024$12,697 +4.7%$1,511,135 +10%
    2023$12,125 +19.2%$1,373,759 +10%
    2022$10,173 +17.5%$1,248,872 +25.5%
    2021$8,659 +7.5%$994,913 +8.8%
    2020$8,053 $914,102 +26.9%
    2019$8,053 +30.8%$720,581 -12.6%
    2018$6,156 -5.9%$824,316 +8.9%
    2017$6,540 +8.8%$757,174 +23.4%
    2016$6,012 +10.4%$613,625 +27.8%
    2015$5,446 $479,992
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,018,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,018,500