97501 Overseas Highway 312, Key Largo, FL 33037 (MLS# 616474)

97501 Overseas Highway 312, Key Largo, FL 33037

$1,700,000

010625 Hathorn Mariners Club Unit 312 Po

Molasses Reef - voted one of the best re

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,876 Status: Closed

Current Price: $1,700,000 List Date: 9/12/2025 Last Modified: 3/30/2026

Overview

Description

WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller ... (Read more)

Listing Details MLS# 616474

Location, Tax & Legal

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
Unit #: 312
City: KEY LARGO
Off Shore Island: No
Mile Marker: 97
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,VE,AE
Alternate Key #: 9085117
Handicap Access: Yes
Parcel #: 00554895-000312
Zoning: RL - Residential Low
Deed Restrictions: Unknown
Legal: UNIT 312 THE SAILFISH AT MARINERS CLUB A CONDOMINIUM OR2174-424 OR2174-469 OR2547-764 OR2976-2413 OR3231-1516
Taxes: 8975.22
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Control Depth: 10
Unit/Complex: Complex
Pool: Yes
Year Built: 2005
Living Apx SqFt: 1876
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Floor Number: Yes
Rentals Allowed: Yes
Min Rental Days: Yes
Lot SqFt: 0
Total Units: 0

Status Change Info

Sold Date: 2026-03-30

Association Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 6767.36
Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Yes
Stories: 3 Stories

More Information

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: WATERFRONT WEALTH BUILDER! The NUMBER ONE revenue producer in Mariner's Club is available NOW - this powerhouse vacation rental is crushing it with projected $175K+ gross revenue this year and unstoppable year-over-year growth! Your investor clients have been waiting for THIS opportunity. Backed by 120+ five-star VRBO reviews and professional management ready to stay on, this turnkey goldmine delivers water views from every single room plus premium finishes including marble floors, granite counters, brand-new stainless appliances, new washer/dryer, impact doors and windows, and fresh A/C system. Mariner's Club isn't just prestigious - it's a resort paradise with dual pools, jacuzzis, grotto, clubhouse, fitness center, 43-slip marina with dry storage, basketball and tennis courts, and the ONLY indoor pickleball court in all the Florida Keys! Here's the kicker - this is one of the extremely rare Keys communities permitting nightly rentals, making this a unicorn investment. BONUS: Seller is transferring their $45K equity membership to buyer - that's nearly fifty grand in instant value! Your clients need to see this TODAY before another agent scoops it up. This is the listing that builds million-dollar relationships and creates clients for life!

Fee Includes

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

Dockage

Dock Privileges: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Ice Machine: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Wine Cooler: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Harbor/Marina View: Yes
Ocean View: Yes
Open Water View: Yes

Floor

Carpet: Yes
Marble: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Clubhouse: Yes
Community Dockage: Yes
Community Pool: Yes
Manager on Premises: Yes
Tennis Courts: Yes

Interior Features

Built-in Cabinets: Yes
Smoke Alarms: Yes
Walk-in Closet(s): Yes
Whirlpool Bath Tub: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Gym: Yes
Laundry Room: Yes
Utility Room: Yes

Windows/Doors

Impact Rstnce Window: Yes

Vehicle Storage

Guest Parking: Yes
Open Parking: Yes

Security

Electric Gate: Yes
Manned Gate: Yes
Patrolled Area: Yes

Construction

CBS: Yes

Land Size

10 or more Acres: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

FKAA: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Lighting: Yes
Sandy Beach: Yes
Sprinkler System: Yes
Tennis Court(s): Yes

Pool Info

In Ground: Yes

Pre-Wired

Cat 5: Yes

Roof

Concrete Roof: Yes

Accessibility Feat

Accessible Elevator Installed: Yes
Accessible Kitchen: Yes
Wheelchair Ramp: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Harbor/Marina View; Ocean View; Open Water View Dockage: Dock Privileges Property Condition: Updated/Remodeled Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA Interior Features: Built-in Cabinets; Smoke Alarms; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments Pre-Wired: Cat 5 Specialty Rooms: Gym; Laundry Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Chickee Hut; Lighting; Sandy Beach; Sprinkler System; Tennis Court(s) Accessibility Feat: Accessible Elevator Installed; Accessible Kitchen; Wheelchair Ramp Pool Info: In Ground Construction: CBS Floor: Carpet; Marble Roof: Concrete Roof Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Dockage; Community Pool; Manager on Premises; Tennis Courts Security: Electric Gate; Manned Gate; Patrolled Area Land Size: 10 or more Acres Terms: Cash; Conventional Title: Title Ins - Buyer

Listing Office: VRNR, LLC

Last Updated: March - 30 - 2026

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.