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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

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

Status Change Info

Under Contract Date
2026-01-31
Leased 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

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
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.