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Sold for $950,000
  • $950,000

    97501 Overseas Hwy Unit 709, Key Largo, FL 33037

    3beds
    2,396sqft
    Townhouse
    Built in 2003
    3,049 Square Feet Lot
    $978,500 Zestimate®
    $396/sqft
    $5,093 Estimated rent

    Home value

    $978,500

    $842,000 - $1.14M

    $5,093/mo

    Zestimate® history
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    What's special

    Oceanfront propertyRooftop patioFlexible layoutItalian porcelain tileDownstairs patioLeather furniture
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn M McComish,

    Lokation Real Estate

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 613020MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Walk-in Closet(s), Quartz Countertops
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 2,396
    • Total interior livable area: 2,396 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony, Deck, Roof Top Deck
    • Exterior features: Sandy Beach, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    Lot
    • Size: 3,049 Square Feet
    Details
    • Parcel number: 00554891007500
    • Zoning: RH - Residential High

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse
    Materials
    • Concrete
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Utilities for property: Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach
    • Subdivision: Key Largo North - Marnier's Club (97.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Sewer, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
    • HOA fee: $8,057 quarterly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $396/sqft
    • Tax assessed value: $746,039
    • Annual tax amount: $7,232
    • Date on market: 1/8/2025
    • Listing terms: Seller Finance Psble,Cash,Conventional

    Price history

    DateEventPrice
    7/17/2025Sold$950,000-12.8%$396/sqft
    Source: FLKMLS #613020 Report a problem
    6/13/2025Contingent$1,089,000$455/sqft
    Source: FLKMLS #613020 Report a problem
    1/31/2025Price change$1,089,000-8.8%$455/sqft
    Source: FLKMLS #613020 Report a problem
    1/8/2025Listed for sale$1,194,000-4.5%$498/sqft
    Source: FLKMLS #613020 Report a problem
    11/19/2024Listing removed$1,250,000$522/sqft
    Source: Key West AOR #610411 Report a problem
    6/13/2024Listed for sale$1,250,000+38.9%$522/sqft
    Source: MLKAR #610411 Report a problem
    7/12/2021Sold$900,000-2.7%$376/sqft
    Source: FLKMLS #595168 Report a problem
    6/22/2021Contingent$925,000$386/sqft
    Source: FLKMLS #595168 Report a problem
    3/16/2021Listed for sale$925,000+9%$386/sqft
    Source: FLKMLS #595168 Report a problem
    6/16/2016Listing removed$849,000$354/sqft
    Source: One Sotheby's Int'l Realty #A10029406 Report a problem
    2/18/2016Price change$849,000+2.9%$354/sqft
    Source: One Sotheby's Int'l Realty #A10029406 Report a problem
    9/28/2015Price change$825,000-2.9%$344/sqft
    Source: SW Broward #A2158559 Report a problem
    8/12/2015Listed for sale$850,000+143.6%$355/sqft
    Source: SW Broward #A2158559 Report a problem
    3/20/2015Listing removed$349,000$146/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #565009 Report a problem
    3/19/2015Pending sale$349,000+2.6%$146/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #565009 Report a problem
    3/16/2015Sold$340,000-2.6%$142/sqft
    Source: Public Record Report a problem
    8/16/2014Listed for sale$349,000+127.7%$146/sqft
    Source: Coldwell Banker Schmitt Islamorada #565009 Report a problem
    1/6/2011Sold$153,300-82%$64/sqft
    Source: Public Record Report a problem
    5/21/2003Sold$850,000$355/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,579 -0.2%$746,039 -0.1%
    2024$6,594 -8.8%$746,456 -10.4%
    2023$7,233 +29%$832,820 +27.7%
    2022$5,606 +42.5%$652,226 +58.1%
    2021$3,934 -1.7%$412,499 -1.4%
    2020$4,002 $418,233 -1.3%
    2019$4,002 -1.3%$423,861 -3.5%
    2018$4,053 -4.6%$439,314 +6.4%
    2017$4,250 +7.2%$412,981 +13%
    2016$3,966 +6%$365,573 +5.2%
    2015$3,742 $347,406
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $978,500
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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
    $978,500