97501 Overseas Highway 131, Key Largo, FL 33037
$2,099,990
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,635
Status:
Active
Current Price:
$2,099,990
List Date:
10/30/2025
Last Modified:
12/11/2025
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!
More Information MLS# 617095
Contract Information
Listing Board: Florida Keys
Current Price: $2,099,990
Listing Date: 2025-10-22
List Price: $2,099,990
Location, Tax & Legal
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: 1
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
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
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 4
Lot SqFt: 0
Unit/Complex: Unit
Pool: Yes
Lot Sqft Source: Tax Records
Total Units: 0
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 1
Floor Number: 3
Style: Condo
Year Built: 2004
Living Apx SqFt: 2635
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
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
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
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Exterminating: 1
Security: 1
Sewer: 1
Water: 1
Dockage
Dock Privileges: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Harbor/Marina View: 1
Ocean View: 1
Open Water View: 1
Floor
Marble: 1
Tile: 1
Neighborhood Feature
Beach: 1
Bike Paths: 1
Clubhouse: 1
Community Dockage: 1
Community Pool: 1
Fire Hydrant: 1
Manager on Premises: 1
Tennis Courts: 1
Interior Features
Bar: 1
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Granite Counter Top: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Whirlpool Bath Tub: 1
Specialty Rooms
Laundry Room: 1
Utility Room: 1
Building Style
Above Flood: Yes
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Guest Parking: 1
Open Parking: 1
Security
Electric Gate: 1
Manned Gate: 1
Patrolled Area: 1
Construction
CBS: 1
Concrete: 1
Land Size
10 or more Acres: 1
Furnished
Furnished: 1
Negotiable: 1
Terms
Cash: 1
Conventional: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Bar: 1
Hot Tub: 1
Sprinkler System: 1
Tennis Court(s): 1
Water Display: 1
Pool Info
In Ground: 1
Heated: Yes
Pre-Wired
Cable: 1
Roof
Concrete Roof: 1
Accessibility Feat
Accessible Elevator Installed: 1
Accessible Kitchen: 1
Parking: 1
Wheelchair Ramp: 1
Status Change Info
Status: Active
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: December - 11 - 2025
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.
