97501 Overseas Highway 401, KEY LARGO, FL 33037
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  • MLS#: 611803 ( Townhome )
  • Street Address: 97501 Overseas Highway 401
  • Viewed: 18
  • Price: $1,000,000
  • Price sqft: $494
  • Waterfront: Yes
  • Waterfront Type: Oceanfront
  • Year Built: 2000
  • Bldg sqft: 2024
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 434
  • Additional Information
  • Geolocation: 25.0718 / -80.4616
  • County: MONROE
  • City: KEY LARGO
  • Zipcode: 33037
  • Subdivision: Key Largo North Marnier's Cl
  • Provided by: Coldwell Banker Schmitt Islamorada
  • Contact: Christy Hughes
  • (305) 664-4470
  • Florida Keys Board of REALTORS
  • DMCA Notice
  • 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
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Features
Building and Construction
  • Absolute Longitude: 80.461576
  • Construction: Concrete
  • Exterior Features: Chickee Hut, Tennis Court(s), Hot Tub
  • Floor: Tile
  • Roof: Metal Roof, Concrete Roof
  • Sqft Source: Tax Records
  • Total Number Of Units: 118.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Garage, Covered Parking, Carport
Eco-Communities
  • Pool Info: In Ground
  • Water View: Ocean View, Open Water View
Utilities
  • Cooling: Central Air
  • Handicap Access: No
  • Heating: Central
  • Pets Pets Wrestrictions: owners & 6m+ renters
  • Pub Sewer Hkup: Yes
  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA
  • Windowsdoors: Aluminum Windows, Impact Rstnce Window, Impact Rstnce Doors
Amenities
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Clubhouse, Community Dockage
Finance and Tax Information
  • Association Info Association Fee: 7723.40
  • Association Info Assocmnt Fee Per: Quarterly
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
  • Tax Year: 2023
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 8632118
  • Appliances: Dryer, Microwave, Oven, Refrigerator, Dishwasher
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: Yes
  • Association Info Assoc Approval Req: Yes
  • Association Info Mandatory Home Owners Asc: Yes
  • Association Info Voluntary Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: Dock Privileges, Other Dockage, Basin
  • Flood Zone: AE, AE, VE, VE
  • Furnished: Negotiable
  • Legal Description: UNIT 401 MARINERS CLUB (A/K/A BK 4 LT 1 KEY LARGO NORTH PB7-22)
  • Limitd Reprsntation: No
  • Mile Marker: 97.00
  • Parcel Num: 00554891-003300
  • Shutters: Accordion
  • Side: Ocean
  • Style: Townhouse
  • Unit Number: 401
  • Views: 18
  • Zoning: SC - Sub Urban Commercial District
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