97501 Overseas Highway, 709, Key Largo, FL 33037
$1,250,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,396
Lot Size (sq. ft.):
3,140
Status:
Active
Current Price:
$1,250,000
List Date:
6/13/2024
Last Modified:
9/25/2024
Description
PRICE INCLUDES Refundable $45K Equity Membership and $10,699 Capital contribution. 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, remodeled townhome features high end furnishings & finishings. Boasting Italian porcelain tile throughout, chefs kitchen, leather furniture and more upgrades it is unlike any other in the complex. The flexible layout with a large guest suite on the lowest level, seamlessly connects 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 walle
More Information MLS# 610411
Contract Information
Current Price: $1,250,000
Listing Date: 2024-06-11
Listing Board: Marathon/Lower Keys
List Price: $1,250,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 97501
Street Name: Overseas
Street Suffix: Highway
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Key Largo North - Marnier's Club (97.0)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 2003
Lot SqFt: 3140
Acres: 0.07
Living Apx SqFt: 2396
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Half Baths: 1
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 1
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 7723.4
Assoc/Mnt Fee Per: Quarterly
License Info
Transient Rntl Licns: Yes
Building Style
Above Flood: Yes
Stories: 3 Stories
Pool Info
Heated: Yes
Pets
Pets w/Restrictions: Owners 2 pets
Financial Status
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer; Water
Tax Exemptions: Homestead
Waterfront: Oceanfront
Waterview: No Waterview
Dockage: Other Dockage
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Guest Parking; Off Street Parking
Furnished: Furnished
Cooling: Central Air
Heating: Central
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Quartz Countertops; Walk-in Closet(s)
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Sandy Beach; Tennis Court(s)
Pool Info: In Ground; Concrete
Construction: Concrete
Floor: Tile
Neighborhood Feature: Beach; Community Boat Ramp
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; Seller Finance Psble
Title: Title Ins - Buyer
Listing Office: Lokation Real Estate
Last Updated: September - 25 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.