$1,875,000
For Sale

97501 Overseas Hwy #312

Key Largo, FL 33037
1876 sqft | 3 beds | 2.5 baths | #A11683837
Browse 68 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

This OCEAN FRONT home has grossed $150 - $172K for the past 4 years & has been the #1 rental at Mariner's Club for the past 5 years. Enjoy ocean views from this furnished 3BD/2.5BA condo. This home features marble floors, granite counter tops, stainless steel appliances, impact resistant storm doors & windows plus upgraded air conditioning. This unit offers an incredible investment opportunity, generates substantial income as a short-term vacation rental. Existing management co. is willing to stay on once sold. Mariner's is a gated community offering a clubhouse, fitness center, 2 pools & jacuzzis, indoor / outdoor pickleball, & tennis. Due from buyer at closing: $45K equity membership refundable at closing, non-refundable $10,621.16 capital contribution.

  • Property Details
      • InteriorFirst Floor Entry, Fire Sprinklers, Entrance Foyer, Pantry, Walk-In Closet(s)
      • Exterior MaterialsEast Of Us1, Barbeque, Courtyard, Tennis Court(s)
      • SubdivisionTHE SAILFISH AT MARINERS
      • ViewOcean View, Direct Ocean
      • Parking Type2 Or More Spaces, Open
      • CountyMonroe County
      • Property SubtypeCondominium
      • MLS #A11683837
      • MLS #A11683837
      • Property TypePurchase
      • Cost1875000
      • Structure TypeCondo
      • Square Feet1876
      • Year Built2005
      • Hoa Fees7040
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1
      • Stories3
      • Waterfront1

Location

Carlos FornarisCarlos Fornaris Team
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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