97501 Overseas Highway Unit 312
Key Largo, FL 33037
- 3 beds
- 2.5 baths
- 1,876 sqft
- $956 per sqft
- 2005 build
- – on site
Nightly Rentals permitted! 'Latitude Adjustment' has consistently delivered increased revenue year on year for the past 5 years. The unit will gross +$175K this year. Current owners own a property management co. and are willing to continue the property. Unit has 100+ 5-star VRBO reviews. Enjoy water views from every room in the house. Latitude Adjustment comes furnished w/ marble floors, granite counter tops, new stainless steel appliances, new washer/dryer, impact doors & windows, plus new A/C. Mariner's is a gated community offering a clubhouse, fitness center, 2 pools, jacuzzis & grotto, a 43 slip marina with dry storage, indoor/outdoor pickleball courts, basketball & tennis. Mariner's Club is one of the few places in the Keys that allows nightly rentals. An incredible investment opportunity.
Last checked:
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Last updated Feb 25, 2025
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MLS# 611951 —
The Building
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Year Built:2005
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Construction:CBS
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Style:Condo
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Unit #:312
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Exterior Features:Chickee Hut, Sprinkler System, Sandy Beach, Outdoor Shower, Lighting, Hot Tub, Gazebo
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Windows/Doors:Impact Rstnce Window, Impact Rstnce Doors
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Porch/Balcony:Open Porch/Balcony
Interior
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Specialty Rooms:Gym
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Furnished:Furnished
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Interior Features:Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Smoke Alarms, Entrance Foyer, Split Bedroom
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Floor:Carpet, Marble
Financial & Terms
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Terms:No Seller Finance, Cash, FHA, Conventional
The Property
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Parcel #:00554895-000312
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Land Size:10 or more Acres
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Waterfront:Oceanfront
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Zoning:SR - Sub Urban Residential District
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Waterfront:Yes
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Waterview:Ocean View, Harbor/Marina View
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Flood Zone:AE,AE,VE,AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 794-1622
- Office phone:
- (305) 794-1622
Taxes
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Tax Year:2023
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Taxes:8477.05
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Tax Exemptions:Homestead
Beds
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Total Bedrooms:3
Baths
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Total Baths:3.00
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Full Baths:2
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Half Baths:1
Heating & Cooling
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Key Largo North - Marnier's Club (97.0)
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Neighborhood Features:Community Pool, Spa, Other Area Features, Beach, Manager on Premises, Tennis Courts, Clubhouse
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Pool Info:In Ground
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Dockage:Basin, Other Dockage
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Pets: Pets w/Restrictions:Owners/Renters 6mo+
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Fee Includes:Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
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Association Info: Association Fee $:7040.48
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Quarterly
Parking
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Vehicle Storage:Open Parking
Monthly cost estimate
Asking price
$1,795,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,611
|
| Taxes | $706 |
| Insurance | $493 |
| Utilities | $130 See report |
| Total | $10,940/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/21/24
Dec 21, 2024
|
Price Changed | FLKMLS | $1,795,000 | -4.3% |
|
10/28/24
Oct 28, 2024
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Price Changed | FLKMLS | $1,875,000 | -5.1% |
|
10/23/24
Oct 23, 2024
|
Listed / Active | FLKMLS | $1,975,000 | 159.9% (30.4% / YR) |
