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$1,249,000 -$101,000 (-7.48%) Price Reduced

  • For Sale
  • Active
  • Townhouse
  • 4 Beds
  • 4 Full Baths
  • 2,688 Sq. Ft.
  • Updated 3 days ago
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Perfect combination of Florida Keys getaway and income producing investment property! Mariners Club is a gated resort-style ocean front community with all the amenities you could ask for: deep water dockage, two beautiful pools overlooking the Atlantic, deep water marina, tennis, indoor and outdoor pickleball, Keys 'beaches', clubhouse, gym, dry rack boat storage. You'll be proud to host a house full of friends and family here - and you'll have plenty of space! Four bedrooms and four bathrooms - all with a flexible layout. This three-story unit has a 1/1 guest suite on the entry level with a kitchenette and living room. The middle and top floors house three more bedrooms and three baths - plus bright kitchen/living/dining areas overlooking a lovely patio. The spaces can be connect or separated just by closing a door! Perfect for when you've got guests that need a little extra privacy. Fresh new flooring and paint throughout the entire unit, updated furnishings and deck spaces. The enormous primary suite even has a rooftop deck with peekaboo ocean views. This pretty home is a must-see. Impact windows and doors mean you are always storm ready. The association cares for the grounds and keeps the lush tropical vibe going strong. This is as low maintenance as you can get. It's all fun and no honey-do list for you! Mariners Club has no min/max on owner use or rental nights. Use a local property manager or rent on your own any way you like. This is very unusual in the Upper Keys! Pets are A-OK for owners and renters of longer than 6 months. Due from buyer at closing: $45,000 equity membership refundable at closing, non refundable $10,699.20 capital contribution. Grossed more than $180K in last 12 months.

Full Property Details for 97501 Overseas Hwy #605

General

  • Price: $1,249,000
  • HOA FEE: $2,574/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $7,034 (2023)
  • Status: Active
  • Type: Townhouse
  • Source: 927
  • MLS ID: 612317
  • Updated: 1/6/2025
  • Added to Site: 53 day(s) ago

Interior

  • Appliances: Washer, Microwave, Oven, Range, Dishwasher, Dryer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile, Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Community Pool, Manager on Premises, Tennis Courts, Clubhouse, Community Dockage
  • Pool: Yes
  • Pool Description: In Ground, Concrete
  • Security/Safety: Electric Gate, Patrolled Area, Manned Gate

Exterior

  • Exterior Features: Hot Tub, Water Display, Tennis Court(s)
  • Deck/Patio: Open Porch/Balcony, Patio, Roof Top Deck

Parking

  • Parking: Off Street Parking

Location

  • Area: 27 - Key Largo MM 97-107
  • County: Monroe
  • Subdivision: Key Largo North - Marnier's Club (97.0)

Community

  • Assoc. Fees Include: Cable, Other, Security, Common Area Mnt, Building Insurance, Water, Sewer
  • Pet Restrictions: owners/renters 6mo +

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Water: No Waterview
  • Utility Description: FKAA, Elect Separate Meter, Municipal Sewer

Structural Information

  • Architectural Style: Townhouse
  • Construction Status: Updated/Remodeled
  • Construction: CBS
  • Roof: Metal Roof
  • Windows/Doors: Sliding Glass Doors
  • Square Feet: 2,688
  • Sq. Ft. Source: Property Data Card
  • Year Built: 2003
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Sq. Ft.): 3,145
  • Zoning: SC - Sub Urban Commercial District

Water Features

  • Water View: Yes
  • Water Front Type: None
  • Dock Description: Basin, Other Dockage

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $7,723
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $7,034
  • Tax Year: 2023
  • Terms: Cash, FHA, Conventional

Disclosures and Reports

  • Legal Description: UNIT 605 MARINERS CLUB (A/K/A BK 6 LT 5 KEY LARGO NORTH PB7-22)
  • Flood Zone: AE, AE
  • Rentals Allowed: Yes
  • APN: 00554891-005900

Listed by Coldwell Banker Schmitt Islamorada, Christy Hughes (305) 393-6190

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Listing agent

— 97501 Overseas Hwy #605 —

  • Christy Hughes

    Coldwell Banker Schmitt Islamorada

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 97501 Overseas Hwy #605

School District:Monroe County School District
RatingNameGradesDistance
4
Key Largo School
104801 Overseas Hwy, Key Largo, FL 33037
PK-87.3 mi
6
Key West High School
2100 Flagler Ave, Key West, FL 33040
6-1289.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 97501 Overseas Hwy #605 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2025
Price Reduced
$1,249,000
-7.48%
MLS
11/18/2024
Listed
$1,350,000
74.19%
MLS
7/07/2021
Sold
$775,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 97501 Overseas Hwy #605

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,035
60%
$878,044
87%
2021
$4,387
-26%
$468,326
-33%
2022
$5,955
36%
$697,835
55%
2021
$4,387
2%
$449,902
-1%
2019
$4,315
-4%
$455,869
-3%
2018
$4,490
7%
$467,981
6%
2017
$4,198
6%
$441,919
13%
2016
$3,955
2%
$390,106
4%
2015
$3,882
-3%
$373,328
-1%
2014
$4,012
4%
$376,377
10%
2013
$3,876
—
$343,414
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coldwell Banker Schmitt Islamorada, Christy Hughes (305) 393-6190

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97501 Overseas Highway #605, Key Largo, FL 33037 (MLS# 612317) is a Townhouse property with 4 bedrooms and 4 full bathrooms. 97501 Overseas Highway #605 is currently listed for $1,249,000 and was received on November 18, 2024. Want to learn more about 97501 Overseas Highway #605? Do you have questions about finding other Townhouse real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

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