97501 Overseas Highway 312, Key Largo, FL 33037

$1,700,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,876 Status: Closed

Current Price: $1,700,000 List Date: 9/12/2025 Last Modified: 3/30/2026

Description

WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller is transferring their $45K equity membership to buyer - that's nearly fifty grand in instant value! Your clients need to see this TODAY before another agent scoops it up. This is the listing that builds million-dollar relationships and creates clients for life!

More Information MLS# 616474

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $1,700,000 Listing Date: 2025-09-11 Sold Price: $1,700,000

Location, Tax & Legal

Unit #: 312 City: KEY LARGO Off Shore Island: No Mile Marker: 97 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,AE Alternate Key #: 9085117 Handicap Access: Yes Parcel #: 00554895-000312 Zoning: RL - Residential Low Deed Restrictions: Unknown Legal: UNIT 312 THE SAILFISH AT MARINERS CLUB A CONDOMINIUM OR2174-424 OR2174-469 OR2547-764 OR2976-2413 OR3231-1516 Taxes: 8975.22 Tax Year: 2024 Pub Sewer HkUp: Yes 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 - Condo/Townhouse Waterfront: Yes Control Depth: 10 Lot SqFt: 0 Unit/Complex: Complex Pool: Yes Total Units: 0 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Floor Number: 1 Style: Condo Year Built: 2005 Living Apx SqFt: 1876 Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller is transferring their $45K equity membership to buyer - that's nearly fifty grand in instant value! Your clients need to see this TODAY before another agent scoops it up. This is the listing that builds million-dollar relationships and creates clients for life!

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 6767.36 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1 Sewer: 1 Water: 1

Dockage

Dock Privileges: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Ice Machine: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Harbor/Marina View: 1 Ocean View: 1 Open Water View: 1

Floor

Carpet: 1 Marble: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Clubhouse: 1 Community Dockage: 1 Community Pool: 1 Manager on Premises: 1 Tennis Courts: 1

Interior Features

Built-in Cabinets: 1 Smoke Alarms: 1 Walk-in Closet(s): 1 Whirlpool Bath Tub: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Gym: 1 Laundry Room: 1 Utility Room: 1

Building Style

Above Flood: Yes Stories: 3 Stories

Windows/Doors

Impact Rstnce Window: 1

Vehicle Storage

Guest Parking: 1 Open Parking: 1

Security

Electric Gate: 1 Manned Gate: 1 Patrolled Area: 1

Construction

CBS: 1

Land Size

10 or more Acres: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Lighting: 1 Sandy Beach: 1 Sprinkler System: 1 Tennis Court(s): 1

Pool Info

In Ground: 1

Pre-Wired

Cat 5: 1

Roof

Concrete Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No

Accessibility Feat

Accessible Elevator Installed: 1 Accessible Kitchen: 1 Wheelchair Ramp: 1

Status Change Info

Sold Date: 2026-03-30 Sold Price: $1,700,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Harbor/Marina View; Ocean View; Open Water View Dockage: Dock Privileges Property Condition: Updated/Remodeled Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA Interior Features: Built-in Cabinets; Smoke Alarms; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments Pre-Wired: Cat 5 Specialty Rooms: Gym; Laundry Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Chickee Hut; Lighting; Sandy Beach; Sprinkler System; Tennis Court(s) Accessibility Feat: Accessible Elevator Installed; Accessible Kitchen; Wheelchair Ramp Pool Info: In Ground Construction: CBS Floor: Carpet; Marble Roof: Concrete Roof Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Dockage; Community Pool; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: 10 or more Acres Terms: Cash; Conventional Title: Title Ins - Buyer

Listing Office: VRNR, LLC

Last Updated: March - 30 - 2026

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.

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