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  • 97501 Overseas Highway 401, Key Largo, FL 33037 (MLS# 611803)

97501 Overseas Highway 401, Key Largo, FL 33037

$975,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,024 Lot Size (sq. ft.): 3,500 Status: Closed
Current Price: $975,000 List Date: 10/12/2024 Last Modified: 12/18/2024

Description

Looking for a Florida Keys VACATION HOME that will generate serious INCOME? This is it! OCEAN FRONT townhome overlooking the Oasis Pool at Mariners Club. Resort-style amenities make every day feel like a Florida Keys vacation for you and your guests! Boaters will appreciate the deep-water marina with protected dockage and immediate ocean access. Take a dip in the sparkling pools, unwind in the hot tubs, stay active at the gym, or enjoy a game of tennis or pickleball. With a gated entrance and security, this community offers the perfect setting for relaxation and peace of mind. This three-bedroom, three-bathroom home features two sunrooms enclosed with hurricane impact glass, both offering views of the Oasis Pool and the stunning Atlantic Ocean. Start your day with coffee while watching the sunrise or wind down with a drink as the sky transforms at sunset. The lower level includes a rare garage, a storage room for water toys and fishing gear, and a screened porch with direct pool access. On the middle level, almost every room offers beautiful water views! You'll find the kitchen, dining, and living areas, along with a bedroom, full bath, and access to the pool via a spiral staircase from the sunroom. The upper level boasts a spacious primary bedroom with an en suite bath and its own sunroom overlooking the ocean. A guest bedroom with a full bath and laundry area complete the top floor. This stunning townhome has never been rented but holds GREAT potential as a high-return rental property. Incredible opportunity for those looking for a second home with income-generating potential. It's ready for immediate owner use or rental, with dockage available for owners and guests. Community is pet-friendly for owners and long-term renters. No minimum or maximum rental period. Owners have the flexibility to rent independently or use a local management company. Due from buyer $45,000 refundable equity membership fee and non-refundable capital contribution of $14,053

More Information MLS# 611803

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $975,000 Listing Date: 2024-10-12 Sold Price: $975,000

Location, Tax & Legal

Unit #: 401 City: KEY LARGO Mile Marker: 97 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,VE Alternate Key #: 8632118 Handicap Access: No Parcel #: 00554891-003300 Bldg Nbr: 4 Zoning: SC - Sub Urban Commercial District Deed Restrictions: Unknown Legal: UNIT 401 MARINERS CLUB (A/K/A BK 4 LT 1 KEY LARGO NORTH PB7-22) Taxes: 3983.03 Tax Year: 2023 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: 3 Lot SqFt: 3500 Unit/Complex: Unit Pool: Yes Lot Sqft Source: Tax Records Total Units: 118 Acres: 0.08 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Style: Townhouse Year Built: 2000 Living Apx SqFt: 2024 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Looking for a Florida Keys VACATION HOME that will generate serious INCOME? This is it! OCEAN FRONT townhome overlooking the Oasis Pool at Mariners Club. Resort-style amenities make every day feel like a Florida Keys vacation for you and your guests! Boaters will appreciate the deep-water marina with protected dockage and immediate ocean access. Take a dip in the sparkling pools, unwind in the hot tubs, stay active at the gym, or enjoy a game of tennis or pickleball. With a gated entrance and security, this community offers the perfect setting for relaxation and peace of mind. This three-bedroom, three-bathroom home features two sunrooms enclosed with hurricane impact glass, both offering views of the Oasis Pool and the stunning Atlantic Ocean. Start your day with coffee while watching the sunrise or wind down with a drink as the sky transforms at sunset. The lower level includes a rare garage, a storage room for water toys and fishing gear, and a screened porch with direct pool access. On the middle level, almost every room offers beautiful water views! You'll find the kitchen, dining, and living areas, along with a bedroom, full bath, and access to the pool via a spiral staircase from the sunroom. The upper level boasts a spacious primary bedroom with an en suite bath and its own sunroom overlooking the ocean. A guest bedroom with a full bath and laundry area complete the top floor. This stunning townhome has never been rented but holds GREAT potential as a high-return rental property. Incredible opportunity for those looking for a second home with income-generating potential. It's ready for immediate owner use or rental, with dockage available for owners and guests. Community is pet-friendly for owners and long-term renters. No minimum or maximum rental period. Owners have the flexibility to rent independently or use a local management company. Due from buyer $45,000 refundable equity membership fee and non-refundable capital contribution of $14,053

Association Info

Mandatory Home Owners Asc: Yes Voluntary Home Owners Asc: No 1st Right of Refusal: Yes Assoc Approval Req: Yes Association Fee $: 7723.4 Assoc/Mnt Fee Per: Quarterly

Fee Includes

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

Dockage

Basin: 1 Dock Privileges: 1 Other Dockage: 1

Tax Exemptions

Homestead: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1

Pets

Pets w/Restrictions: owners & 6m+ renters

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Clubhouse: 1 Community Dockage: 1 Community Pool: 1 Tennis Courts: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Sun/Florida Room: 1

Building Style

Above Flood: Yes Townhouse: 1

Windows/Doors

Aluminum Windows: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Garage: 1

Security

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

Construction

Concrete: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Utilities

FKAA: 1

Exterior Features

Chickee Hut: 1 Hot Tub: 1 Tennis Court(s): 1

Pool Info

In Ground: 1

Roof

Concrete Roof: 1 Metal Roof: 1

Shutters

Accordion: 1

Status Change Info

Sold Date: 2024-12-18 Sold Price: $975,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Security; Sewer; Water Tax Exemptions: Homestead Waterfront: Oceanfront Waterview: Ocean View; Open Water View Dockage: Basin; Dock Privileges; Other Dockage Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Garage; Carport; Covered Parking Furnished: Negotiable Cooling: Central Air Heating: Central Utilities: FKAA Specialty Rooms: Sun/Florida Room Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator Exterior Features: Chickee Hut; Hot Tub; Tennis Court(s) Pool Info: In Ground Construction: Concrete Shutters: Accordion Floor: Tile Roof: Concrete Roof; Metal Roof Neighborhood Feature: Beach; Clubhouse; Community Dockage; Community Pool; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional; FHA; VA
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: December - 18 - 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.

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