97501 Overseas Highway Unit #403, Key Largo, FL 33037

$975,000
3
BD
3
BA
1,684
SqFt
List Price
$975,000
MLS#
597325
Style
Townhouse
Status
CONTINGENT/SHOW
Island
Key Largo
County
Monroe
City
Key Largo
Area
27 - Key Largo MM 97-107
Subdivision
Key Largo North - Marnier's Club (97.0)
Bedrooms
3
Bathrooms
3
Living Area
1,684
Acres
0.08
Year Built
2000

Property Description

Enjoy direct ocean views from all three levels of this 3-bed/3-bath, 1,684 sq.ft. townhome w/garage. Fully furnished, with marble floors, granite counter tops and stainless appliances it is just 60 miles from Miami International and 100 miles from Key West, in the luxurious Mariner's Club Resort & Marina. The townhome contains a finished bonus room and screened ground level patio connected directly to the second story living area by a spiral exterior staircase, allowing direct semi-private gated access to the 7,800 sq. ft. Oasis swimming pool. Mariner's Club Resort and Marina is a 24-acre lushly landscaped, low density grouping of 118 townhomes and condominiums, located directly on the Atlantic Ocean in Key Largo. It is one of the few communities allowing short-term vacation rentals, a bonus for those wanting to generate income when not personally using the unit. A protected 43- slip deep water marina with fulltime harbormaster includes slips up to 60 feet available for rent from the HOA. Additional dry-rack storage is available with in/out services and 2 large commercial ice machines provide free ice for boating needs. A recently renovated Clubhouse includes a large lounging area, game room, shower facilities, kitchen and large outdoor patio that overlooks the marina, ocean and a second swimming pool with the Grotto waterfall spa. Other community amenities include a secluded sandy beach area, large fitness center, a 2,000 sq.ft. meeting room and catering kitchen, tennis court, pickleball courts, and basketball hoops. The Castle Group provides an onsite full-time manager, harbor master and support staff with a welcome gate staffed 24-hours. In addition to the purchase price, a $45,000 equity membership share is required, returned in full when the unit is sold, and a capital contribution of twice the quarterly assessment or $5,061.12 (2021) both paid to the HOA.

Additional Information

Hoa Fee
$1,384
Hoa Freq
Monthly
Taxes
$5,352
Construction
CBS
Interior Features
Drapes/Blinds Incl, Granite Counter Top, Smoke Alarms, Split Bedroom, Walk-in Closet, Whirlpool Bath Tub, Window Treatments
Flooring
Carpet, Marble
Furnished
Furnished
Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer
Heating and Air
Ceiling Fans, Central A/C, Heat
Exterior Features
Hot Tub, Landscape Lighting, Tennis Court, Water Display
Doors/Windows
Single Hung Windows, Sliding Glass Doors
Roof
Metal Roof
Parking Description
Garage, Guest Parking, Off Street Parking
Pool
Yes
Pool Info
Decked, In Ground
Waterview Description
Ocean View, Open Water View
Waterfront
Yes
Waterfront Description
Oceanfront
Dockage
Other Dockage
Side
Ocean
Control Depth
3
Zoning
SC - Sub Urban Commercial District
Flood Zone
AE, AE, VE, VE
Mile Marker
97
Community Features
Clubhouse, Community Pool, Manager on Premises, Other Area Features, Spa, Tennis Courts
Min Rental Days
1
Terms
Cash, Conventional, No Seller Finance

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Glenn Hoover Real Estate Services South Florida, LLC.