97501 Overseas Hwy Unit UNIT 802, Key Largo, FL 33037

$979,000
4
BD
3
BA
2,518
SqFt

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List Price
$979,000
MLS#
620765
Style
Townhouse
Status
ACTIVE
Island
Key Largo
County
Monroe
City
Key Largo
Area
Key Largo MM 97-107
Subdivision
Key Largo North - Marnier's Club (97.0)
Neighborhood
27 - Key Largo MM 97-107
Bedrooms
4
Bathrooms
3
Living Area
2,518
Year Built
2003
Days on Market
11

Property Description

Luxury resort-style living meets exceptional income potential in this spacious two-story townhouse at Mariner's Club & Marina, one of Key Largo's premier oceanfront communities. Currently a turnkey vacation rental with nightly rentals permitted, this unique lock-off floor plan offers incredible flexibility. The home is configured as a 2-bedroom, 2-bath vacation rental with a connected, partially finished 2-bedroom, 1-bath owner's suite separated by a lockable interior door and separate exterior entrance. Enjoy the entire 4-bedroom, 3-bath residence, reserve a private owner's area for your exclusive use when the home is not rented, or maximize income by renting the entire home. Inside, you'll find an open-concept floor plan, fully equipped kitchen, spacious bedrooms, in-unit washer and dryer, and a covered patio ideal for outdoor dining and entertaining. An oversized attached garage provides plenty of room for your vehicle, golf cart, and all your boating and water sports gear. Mariner's Club offers an exceptional resort lifestyle with two oceanfront swimming pools, a spa with waterfall grotto, fitness center, speakeasy lounge and game room, indoor and outdoor pickleball courts, tennis, basketball, and a protected deep water 43-slip marina with dry rack storage and direct ocean access. Beautiful tropical grounds feature a sandy beach, tiki huts, fishing pier, orchid garden, EV charging stations, a staffed guard gate, and 24-hour security. Owners enjoy unlimited personal use and the flexibility to self-manage rentals or hire a local property manager. Pets are welcome for owners and for tenants with leases longer than six months. Buyer contributions due at closing include a refundable $45,000 equity membership and a nonrefundable capital contribution of $10,699.20. Whether you're seeking a luxury Keys getaway, a high-performing investment property, or both, this rare opportunity offers the best of the Florida Keys lifestyle.

Additional Information

Hoa Fee
$7,782
Taxes
$7,569
Interior Features
Exercise Room
Furnished
Furnished
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer
Exterior Features
Chicken Coop, Hot Tub, Outdoor Shower, Beach, Tennis Court(s)
Roof
Metal
Pool
Yes
Property Condition
Updated/Remodeled
Control Depth
4
Zoning
IS - Improved Subivision District
Terms
Cash, Conventional

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Listing Courtesy Of LoKation Real Estate - Pompano Beach, Contact: 954-545-5583