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Sold for $975,000
  • $975,000

    97501 Overseas Hwy Unit 401, Key Largo, FL 33037

    3beds
    2,024sqft
    Townhouse, Residential - Condo/Townhouse
    Built in 2000
    3,484.8 Square Feet Lot
    $979,600 Zestimate®
    $482/sqft
    $5,022 Estimated rent

    Home value

    $979,600

    $852,000 - $1.13M

    $5,022/mo

    Zestimate® history
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    $5,022/mo

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    $13,564/mo

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    $13,564/mo

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    What's special

    Looking for a Florida Keys VACATION HOME that will generate serious INCOME? This is it! OCEAN FRONT townhome overlooking the Oasis Pool at Mariners Club. Resort-style amenities make every day feel like a Florida Keys vacation for you and your guests! Boaters will appreciate the deep-water marina with protected dockage and immediate ocean access. Take a dip in the sparkling pools, unwind in the hot tubs, stay active at the gym, or enjoy a game of tennis or pickleball. With a gated entrance and security, this community offers the perfect setting for relaxation and peace of mind. This three-bedroom, three-bathroom home features two sunrooms enclosed with hurricane impact glass, both offering views of the Oasis Pool and the stunning Atlantic Ocean. Start your day with coffee while watching the sunrise or wind down with a drink as the sky transforms at sunset. The lower level includes a rare garage, a storage room for water toys and fishing gear, and a screened porch with direct pool access. On the middle level, almost every room offers beautiful water views! You'll find the kitchen, dining, and living areas, along with a bedroom, full bath, and access to the pool via a spiral staircase from the sunroom. The upper level boasts a spacious primary bedroom with an en suite bath and its own sunroom overlooking the ocean. A guest bedroom with a full bath and laundry area complete the top floor. This stunning townhome has never been rented but holds GREAT potential as a high-return rental property. Incredible opportunity for those looking for a second home with income-generating potential. It's ready for immediate owner use or rental, with dockage available for owners and guests. Community is pet-friendly for owners and long-term renters. No minimum or maximum rental period. Owners have the flexibility to rent independently or use a local management company. Due from buyer $45,000 refundable equity membership fee and non-refundable capital contribution of $14,053

    Zillow last checked:

    Listing updated:

    Listed by:

    Christy Hughes 305-393-6190,

    Coldwell Banker Schmitt Islamorada

    Bought with:

    Melanie Horowitz, 3131414

    Better Homes and Gardens Real Estate Destinations

    Source: FLKMLS,MLS#: 611803MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Oven, Refrigerator, Dishwasher
    Features
    • Sun/Florida Room
    • Flooring: Tile
    • Doors: Impact Rstnce Doors
    • Windows: Aluminum Frames, Impact Rstnce Window, Accordion
    Interior area
    • Total interior livable area: 2,024 sqft

    Property

    Parking
    • Parking features: Garage, Covered, Carport
    • Has garage: Yes
    • Has carport: Yes
    Accessibility
    • Accessibility features: No
    Features
    • Exterior features: Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Private
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Oceanfront, Waterfront, Dockage: Dock Privileges, Other Dockage, Basin
    Lot
    • Size: 3,484 sqft
    • Features: 2 Less Than 5 Acres
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00554891003300
    • Zoning: SC
    • Zoning description: Sub Urban Commercial District

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse, Residential - Condo/Townhouse
    Materials
    • Concrete
    • Roof: Metal,Concrete
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Security
    • Security features: Electric Gate, Patrolled Area, Gated with Guard
    Community
    • Community features: Pool, Beach, Tennis Court(s), Clubhouse, Community Dockage
    Location
    • Region: Key Largo
    • Subdivision: Key Largo North - Marnier's Club (97.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $7,723 quarterly
    • Services included: Cable TV, Security, Maintenance Grounds, Building Insurance, Maintenance Structure, Water, Sewer

    Other

    Other facts
    • Listing terms: Cash,FHA,VA Loan,Conventional

    Price history

    DateEventPrice
    12/18/2024Sold$975,000-2.5%$482/sqft
    Source: FLKMLS #611803 Report a problem
    12/6/2024Pending sale$1,000,000$494/sqft
    Source: FLKMLS #611803 Report a problem
    11/13/2024Contingent$1,000,000$494/sqft
    Source: FLKMLS #611803 Report a problem
    10/12/2024Listed for sale$1,000,000+53.8%$494/sqft
    Source: Key West AOR #611803 Report a problem
    3/24/2008Sold$650,000$321/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,001 +92.5%$903,337 +88.9%
    2024$4,157 +4.4%$478,236 +3%
    2023$3,983 +6%$464,307 +3%
    2022$3,756 -1.5%$450,784 +3%
    2021$3,814 +0.7%$437,655 +1.4%
    2020$3,787 $431,613 +2.3%
    2019$3,787 +2%$421,910 +1.9%
    2018$3,712 +0.2%$414,044 +2.1%
    2017$3,705 +2.2%$405,528 +2.1%
    2016$3,625 -1.2%$397,188 +0.7%
    2015$3,670 $394,427

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $979,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $979,600