97501 Overseas Highway 131, Key Largo, FL 33037 (MLS# 617095)

97501 Overseas Highway 131, Key Largo, FL 33037

$1,999,000

Deep water marina, direct ocean access right from your back door!

Could easily be enclosed as a study/office

Primary Suite separate entrance to Porch

En suite with walk in closets, water closet, jet tub & shower

with dock master on site, in & out service daily, and boat slips available

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,635 Status: Active

Current Price: $1,999,000 List Date: 10/30/2025 Last Modified: 3/04/2026

Overview

Description

OCEANFRONT 4 BEDROOM PENTHOUSE at the Exclusive Mariners Club, beautifully updated with modern decor, fresh paint, and stylish new furniture - all thoughtfully curated for the perfect turnkey experience! Airy and bright with natural light from the extra windows and large sliding doors opening up to a spacious balcony overlooking the deep water marina and sparkling Atlantic. Whether you're admiring your boat from the porch or soaking up the breathtaking views with a refreshing drink in hand, this home defines luxurious relaxation. Ideal for both personal use & investment, you have the opportunity to rent out the unit with no rental restrictions, allowing you to generate income when not in residence, helping to offset carrying costs. This highly desirable rental unit generates strong income, earning over $50,000 in gross revenue annually, even with the owner occupying it for three winter months (high season). With 4 spacious bedrooms, 3 full baths and an open concept living area, there's plenty of room for the whole family to enjoy! The primary suite overlooks the marina and features an ensuite bath with walk in closet, jet tub, and marble shower. Three additional bedrooms, 2 full bathrooms, and a laundry room complete the layout. Desireable upgrades include travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with freshly painted cabinets, 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. Additional features include tennis courts, a gated community entry w/ 24-hour security, & so much more. Turnkey and pristine - no updates needed! Just bring your bags and enjoy the perfect resort style living in Key Largo!

Listing Details MLS# 617095

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 #: 131
City: KEY LARGO
Mile Marker: 97
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 9080440
Parcel #: 00554893-000131
Bldg Nbr: Yes
Zoning: SR - Sub Urban Residential District
Deed Restrictions: Unknown
Legal: UNIT 131 THE DOLPHIN AT MARINERS CLUB A CONDO OR2096-8/10 OR2352-138/40 OR2382-2290/91 OR2595-586/88
Taxes: 10475.95
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Control Depth: 4
Unit/Complex: Unit
Pool: Yes
Year Built: 2004
Lot Sqft Source: Tax Records
Living Apx SqFt: 2635
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Floor Number: 3
Rentals Allowed: Yes
Min Rental Days: Yes
Lot SqFt: 0
Total Units: 0

Association Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: Yes
Association Fee $: 4262.62
Maintenance Fee $: 3561.88
Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Yes

More Information

Pool Info

Heated: Yes
In Ground: Yes

Remarks & Misc

Remarks – Consumer: OCEANFRONT 4 BEDROOM PENTHOUSE at the Exclusive Mariners Club, beautifully updated with modern decor, fresh paint, and stylish new furniture - all thoughtfully curated for the perfect turnkey experience! Airy and bright with natural light from the extra windows and large sliding doors opening up to a spacious balcony overlooking the deep water marina and sparkling Atlantic. Whether you're admiring your boat from the porch or soaking up the breathtaking views with a refreshing drink in hand, this home defines luxurious relaxation. Ideal for both personal use & investment, you have the opportunity to rent out the unit with no rental restrictions, allowing you to generate income when not in residence, helping to offset carrying costs. This highly desirable rental unit generates strong income, earning over $50,000 in gross revenue annually, even with the owner occupying it for three winter months (high season). With 4 spacious bedrooms, 3 full baths and an open concept living area, there's plenty of room for the whole family to enjoy! The primary suite overlooks the marina and features an ensuite bath with walk in closet, jet tub, and marble shower. Three additional bedrooms, 2 full bathrooms, and a laundry room complete the layout. Desireable upgrades include travertine floors, crown molding, impact windows, rounded drywall corners, & gourmet kitchen with freshly painted cabinets, 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. Additional features include tennis courts, a gated community entry w/ 24-hour security, & so much more. Turnkey and pristine - no updates needed! Just bring your bags and enjoy the perfect resort style living in Key Largo!
Directions: Mile marker 97 oceanside, gated, need agent to enter

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
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

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

Floor

Marble: Yes
Tile: Yes

Neighborhood Feature

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

Interior Features

Bar: Yes
Drapes/Blinds Incl: Yes
Entrance Foyer: Yes
Granite Counter Top: Yes
Smoke Alarms: Yes
Split Bedroom: Yes
Storage: Yes
Walk-in Closet(s): Yes
Whirlpool Bath Tub: Yes

Specialty Rooms

Laundry Room: Yes
Utility Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
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
Concrete: Yes

Land Size

10 or more Acres: Yes

Furnished

Furnished: Yes
Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Bar: Yes
Hot Tub: Yes
Sprinkler System: Yes
Tennis Court(s): Yes
Water Display: Yes

Pre-Wired

Cable: Yes

Roof

Concrete Roof: Yes

Accessibility Feat

Accessible Elevator Installed: Yes
Accessible Kitchen: Yes
Parking: 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 Vehicle Storage: Guest Parking; Open Parking Furnished: Furnished; Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Bar; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Whirlpool Bath Tub Pre-Wired: Cable Specialty Rooms: Laundry Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Hot Tub; Sprinkler System; Tennis Court(s); Water Display Accessibility Feat: Accessible Elevator Installed; Accessible Kitchen; Parking; Wheelchair Ramp Pool Info: In Ground Construction: CBS; Concrete Floor: Marble; Tile Roof: Concrete Roof Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Dockage; Community Pool; Fire Hydrant; 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: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: March - 04 - 2026

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