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

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

Status Change Info

Under Contract Date: 2026-03-16
Leased 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

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.