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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.