NOT LISTED FOR SALE

97501 Overseas Hwy Unit 325 Key Largo, FL 33037

Mariner's Club Neighborhood

Estimated Value: $1,457,805 - $1,715,000

2 Beds
2.5 Baths
1,876 Sq Ft
$2,272/mo HOA Fee

Last Sold June 16, 2023

Last sale price $1,450,000 $773 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,773/month

6 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Gated with Attendant
  • Coral Shores High School Rated A
  • Boat Slip
  • 1-minute walk to Schwingggg

About This Home

As of June 2023

A rare opportunity to acquire a truly breathtaking OCEANFRONT, 2 bdrm+DEN/2.5 bath condo WITH 40ft private dock/slip at the exclusive Mariner's Club! Enjoy jaw-dropping direct ocean view sunrises at the private open balcony or take a cruise on your boat to the bay side to experience delicious, waterfront dining & magical Key Largo sunsets. Top-notch resort amenities include a Clubhouse, 2 heated pools/hot tubs, tennis courts, gameroom, sandy beaches for sunbathing, picnics & BBQ's, fishing pier, a protected deep water marina with dock master, 24/7 security+ so much more! Unit 325 is on the 2nd floor of the Sailfish bldg(with ramp access to elevator), is permitted for short term rentals & comes fully furnished for a turn-key rental investment opportunity. Live the boaters dream at Casa 325!

Last Listed By

Carmen Escudero

Berkshire Hathaway HomeServices EWM Realty License #3063008 Listed on: 04/29/2023

Berkshire Hathaway HomeServices EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,567

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $2,272 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1,876 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Boat Slip
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00554895-000325

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Key Largo North Marnier's Club Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,567

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,272 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 6814.98
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 97.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts, Clubhouse, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8566.99
  • Vehicle Storage: Open Parking, Guest Parking
  • Year Built: 2005
  • Alternate Key Number: 9085126
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1876.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Split Bedroom, Granite Counter Top, Whirlpool Bath Tub, Walk-in Closet(s), Smoke Alarms
  • Floor Number: 2.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Carpet, Marble
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Tennis Court(s), Hot Tub
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: Municipal Sewer, Cable Available
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,AE
  • Parcel Number: 00554895-000325
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 15, 2023
Sold by
Genie Alvaro E
Bought by
Keys Investments 325 Llc
Seller's Agent
Carmen Escudero
Berkshire Hathaway HomeServices EWM Realty
Buyer's Agent
David Ofstein
The Keyes Company
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Total Days on Market
6
Views
34
Current Estimated Value
$1,569,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,201
Avg. Annual Appreciation
4.34%

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jan 8, 2021
Sold by
Campbell James Bradley and Campbell Lisa G
Bought by
Genie Alvaro E
Seller's Agent
BJ Born
Real Estate Sales Force, Inc.
Buyer's Agent
Carmen Escudero
Berkshire Hathaway HomeServices EWM Realty
List Price
$1,300,000
Sold Price
$1,170,000
Premium/Discount to List
-$130,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%

Purchase Details

Listed on
Mar 7, 2019
Closed on
Jun 21, 2019
Sold by
Barker Robert and Barker Mardell
Bought by
Campbell James Bradley and Campbell Lisa
Seller's Agent
Glenn Hoover
Glenn Hoover Real Estate Services South Florida, LLC
Buyer's Agent
BJ Born
Century 21 Circle - Islamorada
List Price
$889,000
Sold Price
$757,500
Premium/Discount to List
-$131,500
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.62%
Original Mortgage
$606,000
Interest Rate
4.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 5, 2008
Sold by
Ocean Key Associates Ltd
Bought by
Barker Robert and Barker Mardell

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Keys Investments 325 Llc $1,450,000 None Listed On Document
Genie Alvaro E $1,045,000 Wfg National Title
Campbell James Bradley $757,500 Attorney
Barker Robert $655,800 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell James Bradley $606,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,450,000 -9.3% $773 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $1,599,000 +36.7% $852 / Sq Ft
01/08/2021 01/08/21 Sold $1,170,000 -10.0% $624 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,300,000 +11.1% $693 / Sq Ft
11/18/2020 11/18/20 Off Market $1,170,000 -- --
10/15/2020 10/15/20 For Sale $1,300,000 +71.6% $693 / Sq Ft
06/25/2019 06/25/19 Sold $757,500 -14.8% $404 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $889,000 -- $474 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,122 $1,318,528 -- $1,318,528
2023 $9,122 $1,111,785 $0 $0
2022 $8,567 $1,079,403 $0 $1,079,403
2021 $6,505 $823,564 $0 $823,564
2020 $5,526 $604,800 $0 $604,800
2019 $5,358 $604,800 $0 $604,800
2018 $5,187 $602,774 $0 $0
2017 $4,755 $547,396 $0 $0
2016 $4,422 $469,311 $0 $0
2015 $4,013 $388,332 $0 $0
2014 $4,040 $388,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Keys Board of REALTORS®

MLS Number: 605112

Florida Keys Board of REALTORS®

APN: 00554895-000325