97501 Overseas Highway 316, Key Largo, FL 33037

$2,149,999
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,635 Status: Contingent/Show
Current Price: $2,149,999 List Date: 9/18/2025 Last Modified: 2/04/2026

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 - your clients get instant credibility and marketing momentum from day one! This isn't just the premier vacation rental in Mariner's Club; it's the irreplaceable crown jewel that commands premium rates because there's literally nothing else like it in the entire community. Smart money moves fast on properties this rare and profitable!

More Information MLS# 616544

Contract Information

Current Price: $2,149,999 Listing Date: 2025-09-18 Listing Board: Florida Keys List Price: $2,149,999 Potential Short Sale: No Bank Owned: No

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

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

Contingent: Contingent/Show Status: Contingent/Show

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

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: February - 04 - 2026
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