About 97501 Overseas Highway 312
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.
Features of 97501 Overseas Highway 312
MLS® # | 611951 |
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Price | $1,795,000 |
Bedrooms | 3 |
Bathrooms | 3.00 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 1,876 |
Year Built | 2005 |
Type | Residential |
Sub-Type | Condo |
Status | Active |
Community Information
Address | 97501 Overseas Highway 312 |
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Area | 27 - Key Largo MM 97-107 |
Subdivision | Key Largo North - Marnier's Club (97.0) |
City | KEY LARGO |
County | Monroe |
State | FL |
Zip Code | 33037 |
Amenities
Amenities | Community Pool, Spa, Other Area Features, Beach, Manager on Premises, Tennis Courts, Clubhouse |
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Utilities | FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer |
Parking | Open Parking |
View | Ocean View, Harbor/Marina View |
Is Waterfront | Yes |
Waterfront | Oceanfront |
Has Pool | Yes |
Pool | In Ground |
Interior
Interior Features | Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Smoke Alarms, Entrance Foyer, Split Bedroom |
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Appliances | Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer |
Cooling | Central Air, Ceiling Fans(s) |
Fireplace | No |
Exterior
Exterior Features | Chickee Hut, Sprinkler System, Sandy Beach, Outdoor Shower, Lighting, Hot Tub, Gazebo |
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Lot Description | 10 or more Acres |
Windows | Impact Rstnce Window, Impact Rstnce Doors |
Construction | CBS |
Neighborhood Features | Community Pool, Spa, Other Area Features, Beach, Manager on Premises, Tennis Courts, Clubhouse |
Additional Information
Date Listed | October 23rd, 2024 |
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Days on Market | 180 |
Zoning | SR - Sub Urban Residential District |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 7040.48 |
HOA Fees Freq. | Quarterly |
Listing Details
Agent | Rocio Hathorn |
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Office | VRNR, LLC |