$1,800,000

97501 Overseas Hwy # 312, Key Largo FL 33037

3  beds
2.5  baths
1,876  sqft
Condominium
Built in 2005
$959/sqft
$7,040/mo HOA
170 days on market

About this property

#1 vacation rental in Mariner’s Club! This top-performing unit shows strong year-over-year growth and is projected to gross $175K+ this year. Backed by 120+ 5-star VRBO reviews and pro management ready to stay. Water views from every room! Fully furnished with marble floors, granite counters, new stainless appliances, new washer/dryer, impact doors/windows, and new A/C. Mariner’s Club is a gated resort community offering 2 pools, jacuzzis, grotto, clubhouse, gym, 43-slip marina with dry storage, basketball, tennis, and the only indoor pickleball courts in the Florida Keys. One of the few communities in the Keys allowing nightly rentals—this is a rare investment opportunity offering luxury and performance. SELLER IS TRANSFERRING THEIR $45K EQUITY MEMBERSHIP.

Interior Details

Bedrooms & bathrooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full bathrooms: 2

Heating & cooling

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Laundry: Utility Room/Laundry

Features

  • Flooring: Carpet, Marble
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Door Features: High Impact Doors

Extras

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Security & Smart Features: Smoke Detector, Guard At Site
  • Video & virtual tour: View Virtual Tour

Property Details

Parking

  • Garage spaces: 2
  • Parking features: 2 Or More Spaces

Features

  • Exterior features: East Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Has water view: Yes
  • Waterfront features: Ocean Access, Ocean Front

Public Info

  • Interior Livable Area: 1,876 sqft
  • Year Built: 2005
  • APN: 00554895-000312
  • County: Monroe County

Tax Information

  • Annual Tax Amount: $8,975
  • Tax Year: 2024

HOA Details

  • Has HOA: Yes
  • Amenities included: Basketball Court, Barbecue, Bike/Jog Path, Billiard Room, Boat Dock, Child Play Area, Clubhouse-Clubroom, Exercise Room, Fishing Pier, Handball/Basketball, Heated Pool, Marina, Pickleball, Spa/Hot Tub
  • HOA fee: $7,040/mo
  • Application fee: $0
  • Pet fee: $0

Price History

3/30/2026 Sold
Source: Miami REALTORS®
$1,800,000
$906/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$17,728
Principal & Interest $9,340
Property Taxes $748
Home Insurance $600
HOA Fees $7,040
Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






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      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.