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4 Beds
3 Baths
2,518 sqft

$979,000

97501 Overseas Highway UNIT 802, Key Largo FL, 33037

Price per sqft$388.80
Built in2003
Property size2,518 sqft
Property typeTownhomes

Overview

Active

Listed Jul 28, 2026

Updated Sep 1

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.

$6,513/mo

Est. mortgage payment based on a $979,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
620765

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$7,570
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Garage
Yes
View
Yes
Pool
Yes
55+/Senior Community
No
MLS provider logo

Listed by Michelle Rusch with LoKation Real Estate - Pompano Beach
Listing Contact: 305-972-4105 

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 9/1/2026 at 1:43 AM UTC

 

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