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97501 Overseas Highway, Key Largo, FL - photo 1

$979,000

97501 Overseas Highway

Key Largo, FL 33037

Estimated payment $5,525/month

HOA not listed, not included · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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4Beds
3Baths
2,518Sq Ft
$389Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

Built in 2003

About This Home

Luxury resort-style living meets exceptional income potential in this spacious two-story townhouse at Mariner's Club & Marina, one of Key Largo's premier oceanfront communities. Currently a turnkey vacation rental with nightly rentals permitted, this unique lock-off floor plan offers incredible flexibility. The home is configured as a 2-bedroom, 2-bath vacation rental with a connected, partially finished 2-bedroom, 1-bath owner's suite separated by a lockable interior door and separate exterior entrance. Enjoy the entire 4-bedroom, 3-bath residence, reserve a private owner's area for your exclusive use when the home is not rented, or maximize income by renting the entire home. Inside, you'll find an open-concept floor plan, fully equipped kitchen, spacious bedrooms, in-unit washer and dryer, and a covered patio ideal for outdoor dining and entertaining. An oversized attached garage provides plenty of room for your vehicle, golf cart, and all your boating and water sports gear. Mariner's Club offers an exceptional resort lifestyle with two oceanfront swimming pools, a spa with waterfall grotto, fitness center, speakeasy lounge and game room, indoor and outdoor pickleball courts, tennis, basketball, and a protected deep water 43-slip marina with dry rack storage and direct ocean access. Beautiful tropical grounds feature a sandy beach, tiki huts, fishing pier, orchid garden, EV charging stations, a staffed guard gate, and 24-hour security. Owners enjoy unlimited personal use and the flexibility to self-manage rentals or hire a local property manager. Pets are welcome for owners and for tenants with leases longer than six months. Buyer contributions due at closing include a refundable $45,000 equity membership and a nonrefundable capital contribution of $10,699.20. Whether you're seeking a luxury Keys getaway, a high-performing investment property, or both, this rare opportunity offers the best of the Florida Keys lifestyle.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:4
  • •Bathrooms:3
  • •Full bathrooms:3
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:2,518 sqft
  • •Total interior livable area:2,518 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:N/A

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Condo/Townhouse
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:2003

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Price history

DateEventPrice
10/30/2026Listed for sale$979,000$389/sqft

Listing Agent

Michelle Rusch

LoKation Real Estate

Brokerage Phone: 954-545-5583

Source: Florida Keys MLS · MLS #620765

Data Powered by Home Junction, Inc.

Nearby

Schools

OCEAN STUDIES CHARTER

Elementary · 2.7 mi

Supermarkets

Bees N the Keys

0.9 mi

The Greeen House

1.7 mi

Dining

Chef Lupes Mandalay Restaurant

0.1 mi

Island Grill

0.1 mi

La Marea

0.2 mi

Beaches

North Beach

3.8 mi

South Beach

4.0 mi

Cannon Beach

5.1 mi

Nearby amenity locations include data © OpenStreetMap contributors.