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97501 Overseas Highway , #131

Key Largo, FL 33037
  • $1,899,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 617095
UPDATED: 46 min ago
$1,899,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,635
    SQFT
  • $721
    $/SQFT
Type:
Condo
Built:
2004
County:

School Ratings & Info

Description

EXCEPTIONAL OCEANFRONT 4 BEDROOM TOP FLOOR PENTHOUSE in exclusive Mariners Club. The ONLY top floor 4 bedroom for sale in the community, this penthouse presents a rare opportunity for both personal enjoyment & income generation. You're gaining a proven, successful rental history with 50 VRBO reviews of 10/10 & 38 five-star reviews on Barefeet Rentals giving you an established guest following that has taken years to develop. This property is well positioned for a seamless transition to new ownership. Historically, this condo has commanded over $10K per month in gross rental revenue, based on this trend & seasonal demand projected annual rental income could exceed $100K! This expansive corner condo is beautifully updated with modern decor, fresh paint, & stylish new furniture - curated for the perfect turnkey experience! Airy & bright with natural light from the extra windows & large sliding doors open to a spacious balcony overlooking the deep-water marina & sparkling Atlantic. Whether you're admiring your boat from the deck or soaking up the breathtaking sea views drink in hand, this home defines luxurious relaxation. The primary suite enjoys open water views, access to the balcony & features an ensuite bath with walk in closet, jet tub, & marble shower. Three additional bedrooms, 2 additional full baths, & laundry room complete the layout. Desirable upgrades include travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with granite counters & stainless appliances. Take advantage of all the resort style amenities Mariners Club is known for: two large pools, a grotto hot tub, private marina w/ dry stack boat storage & in/out service, a gym, & both INDOOR & outdoor pickleball courts. This penthouse presents an exceptional opportunity for both personal enjoyment & income generation. Whether you choose to maximize rental income or enjoy it as a personal retreat, this offers the ideal blend of luxury & profitability!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/169379342
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97501 Overseas Highway , #131 Key Largo, FL 33037

  • Price: $1,899,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 46 min ago
  • MLS #: 617095
4
Beds
3
Baths
0
½ Baths
N/A
Acres
2,635
SQFT
$721
$/SQFT
2004
Built
Neighborhood:
Key Largo North - Marnier's Club (97.0)
County:
Monroe
Area:
27 - Key Largo Mm 97-107
Property Description
EXCEPTIONAL OCEANFRONT 4 BEDROOM TOP FLOOR PENTHOUSE in exclusive Mariners Club. The ONLY top floor 4 bedroom for sale in the community, this penthouse presents a rare opportunity for both personal enjoyment & income generation. You're gaining a proven, successful rental history with 50 VRBO reviews of 10/10 & 38 five-star reviews on Barefeet Rentals giving you an established guest following that has taken years to develop. This property is well positioned for a seamless transition to new ownership. Historically, this condo has commanded over $10K per month in gross rental revenue, based on this trend & seasonal demand projected annual rental income could exceed $100K! This expansive corner condo is beautifully updated with modern decor, fresh paint, & stylish new furniture - curated for the perfect turnkey experience! Airy & bright with natural light from the extra windows & large sliding doors open to a spacious balcony overlooking the deep-water marina & sparkling Atlantic. Whether you're admiring your boat from the deck or soaking up the breathtaking sea views drink in hand, this home defines luxurious relaxation. The primary suite enjoys open water views, access to the balcony & features an ensuite bath with walk in closet, jet tub, & marble shower. Three additional bedrooms, 2 additional full baths, & laundry room complete the layout. Desirable upgrades include travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with granite counters & stainless appliances. Take advantage of all the resort style amenities Mariners Club is known for: two large pools, a grotto hot tub, private marina w/ dry stack boat storage & in/out service, a gym, & both INDOOR & outdoor pickleball courts. This penthouse presents an exceptional opportunity for both personal enjoyment & income generation. Whether you choose to maximize rental income or enjoy it as a personal retreat, this offers the ideal blend of luxury & profitability!
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials CBSConcrete Dockage Dock Privileges Exterior Features BarHot TubSprinkler SystemTennis Court(s)Water Display Floor Number 3 Parking Features Open Patio And Porch Features Open Porch/Balcony Pool Features In Ground Pool Heated Yes Pool Private YN Yes Roof Concrete Roof Vehicle Storage Open ParkingGuest Parking View [] Waterview Ocean ViewOpen Water ViewHarbor/Marina View Window Features [] Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features Accessible Elevator InstalledAccessible KitchenParkingWheelchair Ramp Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveDisposalStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileMarble Furnished Furnished Heating Central Heating YN True Interior Drapes/Blinds InclSplit BedroomEntrance FoyerGranite Counter TopSmoke AlarmsStorageWalk-in Closet(s)Whirlpool Bath TubBar Interior Features Granite Counter TopStorageWalk-in Closet(s)Bar Laundry Features Laundry Room Levels [] Rooms Total 0 Specialty Rooms Laundry RoomUtility Room

Property Features

Above Flood Yes Association Approval Req Yes Association Fee 4262.62 Association Fee Frequency Quarterly Association Fee Includes Cable TVSewerExterminatingWaterBldg Exterior MntBuilding InsuranceCommon Area MntSecurity Association YN Yes Association1st Right Of Refusal No Building Features [] Building Number 1 Community Features Community DockageClubhouseManager on PremisesFire HydrantBeachBike Paths Control Depth 4 Deed Restricts Unknown Electric [] Flood Zone AE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Land Size 10 or more Acres Listing Terms CashConventional Marathon Nbhd N/A Mile Marker 97 Min Rental Days 1 Other Equipment [] Other Structures [] Pets Allowed [] Pre Wired Cable Property Condition [] Property Sub Type Condominium Public Sewer Hookup Yes Rental Allowed Yes Security Features Electric GateManned GatePatrolled Area Special Licenses [] Tax Annual Amount 11575.67 Tax Legal Description UNIT 131 THE DOLPHIN AT MARINERS CLUB A CONDO OR2096-8/10 OR2352-138/40 OR2382-2290/91 OR2595-586/88 Tax Year 2025 Title Title Ins - Buyer Utilities [] Utilities Info FKAAMunicipal Sewer Water Source [] Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning SR - Sub Urban Residential District

Listing courtesy of Dani Hall of American Caribbean Real Estate, Christie's International Real Estate: 305-451-4078.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036