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97501 Overseas Highway 316, Key Largo, FL 33037

$2,025,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,635 Status: Closed
Current Price: $2,025,000 List Date: 9/18/2025 Last Modified: 3/16/2026

Overview

Description

EXCLUSIVE FIVE-BEDROOM FLAGSHIP! Meet Hemingway's Hideaway - the ONLY five-bedroom unit in all of Mariners Club and the community's luxury flagship rental that's absolutely crushing revenue expectations! This one-of-a-kind estate is already at $125K gross income year-to-date and projected to smash through $200K in its first full year - that's serious wealth-building performance your high-end client's demand. Your buyers get the ultimate competitive advantage with three elegant king suites, themed children's room, private gym convertible to fifth bedroom, plus every single detail completely remodeled and upgraded including custom tackle room, designer furnishings, brand-new HVAC systems, appliances, artwork, and even down to the linens and glassware - this is turnkey luxury at its absolute finest. Here's the game-changer: current owners are Florida licensed real estate brokers willing to stay on as managers, plus they're transferring 35 five-star VRBO reviews that took years to build - ...

Listing Details MLS# 616544

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 #
316
City
KEY LARGO
Mile Marker
97
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE,AE,VE,AE
Alternate Key #
9085121
Parcel #
00554895-000316
Zoning
RL - Residential Low
Deed Restrictions
Unknown
Legal
UNIT 316 THE SAILFISH AT MARINERS CLUB A CONDOMINIUM OR2169-942DEC OR2348-2452 OR2936-2124 OR3012-1843 OR3094-1463 OR32
Taxes
12697.47
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
Potential Short Sale
No
Bank Owned
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
2635
SqFt Source
Tax Records
Total Bedrooms
5
Full Baths
3
Total Baths
3
Rentals Allowed
Yes
Lot SqFt
0
Total Units
0

Status Change Info

Sold Date
2026-03-13

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
No
Association Fee $
7988.88
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
EXCLUSIVE FIVE-BEDROOM FLAGSHIP! Meet Hemingway's Hideaway - the ONLY five-bedroom unit in all of Mariners Club and the community's luxury flagship rental that's absolutely crushing revenue expectations! This one-of-a-kind estate is already at $125K gross income year-to-date and projected to smash through $200K in its first full year - that's serious wealth-building performance your high-end client's demand. Your buyers get the ultimate competitive advantage with three elegant king suites, themed children's room, private gym convertible to fifth bedroom, plus every single detail completely remodeled and upgraded including custom tackle room, designer furnishings, brand-new HVAC systems, appliances, artwork, and even down to the linens and glassware - this is turnkey luxury at its absolute finest. Here's the game-changer: current owners are Florida licensed real estate brokers willing to stay on as managers, plus they're transferring 35 five-star VRBO reviews that took years to build - your clients get instant credibility and marketing momentum from day one! This isn't just the premier vacation rental in Mariner's Club; it's the irreplaceable crown jewel that commands premium rates because there's literally nothing else like it in the entire community. Smart money moves fast on properties this rare and profitable!

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
Freezer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes
Wine Cooler
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Floor

Carpet
Yes
Marble
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes
Clubhouse
Yes
Community Boat Ramp
Yes
Community Dockage
Yes
Community Pool
Yes
Manager on Premises
Yes
Spa
Yes
Tennis Courts
Yes

Interior Features

Built-in Cabinets
Yes
Fire Sprinkler
Yes
Pantry
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 Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Guest Parking
Yes
Open Parking
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

Built-in Grill
Yes
Chickee Hut
Yes
Hot Tub
Yes
Lighting
Yes
Outdoor Shower
Yes
Privacy Wall/Fence
Yes
Sandy Beach
Yes
Sprinkler System
Yes
Tennis Court(s)
Yes
Water Display
Yes

Pool Info

In Ground
Yes

Pre-Wired

Cable
Yes
Cat 5
Yes

Roof

Concrete Roof
Yes

Accessibility Feat

Accessible Elevator Installed
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: 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; Fire Sprinkler; Pantry; Smoke Alarms; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments Pre-Wired: Cable; Cat 5 Specialty Rooms: Gym; Laundry Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Built-in Grill; Chickee Hut; Hot Tub; Lighting; Outdoor Shower; Privacy Wall/Fence; Sandy Beach; Sprinkler System; Tennis Court(s); Water Display Accessibility Feat: Accessible Elevator Installed Pool Info: In Ground Construction: CBS Floor: Carpet; Marble Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Boat Ramp; Community Dockage; Community Pool; Manager on Premises; Spa; Tennis Courts Land Size: 10 or more Acres Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: VRNR, LLC
Last Updated: March - 16 - 2026
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