$2,025,000
Key Largo, FL 33037
MLS# 616544
Status: Closed
5 beds | 3 baths | 2635 sqft
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Property 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!
Details
Maps
Contract Information
Current Price: $2,025,000
Listing Date: 2025-09-18
Listing Board: Florida Keys
Leased Price Monthly: $2,025,000
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
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
Status Change Info
Under Contract Date: 2026-01-31
Leased Date: 2026-03-13
Leased Price Monthly: $2,025,000
Status: Closed
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: March - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.