Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

104000 Overseas Highway # 3, Key Largo FL 33037

Condo/Co-op Recently Sold
$275,000

BTC: 3.28103561

ETH: 103.77358491

Sold on: 2025-03-06
21 days
Waterfront
3 bds
3 ba
2,300 sqft

Overview

Vacation Home Fractional Ownership in a luxury setting in Key Largo, FL! Welcome to the Residence Club at Fisherman's Cove! Enjoy any of the 6 fully furnished designer-decorated 3 bedroom/3 bathroom, 2,300 +/- square foot residences throughout the year on a weekly basis. Large 450 sq ft balconies wrap each unit, allowing you to enjoy views of Blackwater Sound and the resort-style pool. Owners can play at the pool, relax in tiki style cabanas or enjoy privacy on the owner's deck while watching the famous Florida Keys sunsets. Each unit equipped with Smart TVs and WIFI. Kitchens are fully stocked. 2 boats available for use - 26' Sea Fox and 24' Contender. Most owners use the residences 5-7 weeks per year. Located above the Big Chill allows convenient access to dining and entertainment. Vacation Home Fractional Ownership in a luxury setting in Key Largo, FL! Welcome to the Residence Club at Fisherman's Cove! Enjoy any of the 6 fully furnished designer-decorated 3 bedroom/3 bathroom, 2,300 +/- square foot residences throughout the year on a weekly basis. Large 450 sq ft balconies wrap each unit, allowing you to enjoy views of Blackwater Sound and the resort-style pool. Owners can play at the pool, relax in tiki style cabanas or enjoy privacy on the owner's deck while watching the famous Florida Keys sunsets. Each unit equipped with Smart TVs and WIFI. Kitchens are fully stocked. 2 boats available for use - 26' Sea Fox and 24' Contender. Most owners use the residences 5-7 weeks per year. Our property includes 6 private residences sitting above Jimmy Johnson’s Big Chill.This is a fractional ownership property. There are 8 ownership shares in each unit. So, a total of 48 ownership shares for the property. Each owner has a Deed for 1/8th undivided interest in one of the units. The ownership group also owns 2 twin-engine center console boats for owner use – a 24’ Contender and 26’ Sea Fox.Ownership allows you use of any of the 6 units. Each owner reserves 3 “Planned Weeks” for the calendar year. Once every owner reserves their planned weeks, the Residence Club still has 54% of the weeks “available”.At this point, owners can book a “Space Available” week for any open date in the future. Once the owner has used that week, they can book another “Space Available” week for any open time.Another booking option is the “Short Notice” reservation. This can be done for any available date within 14 days.Frequently Asked QuestionsIs fractional ownership the same as a time share?Not even close. A fractional ownership gives you ownership (Deed) in a real estate asset. You own an interest in the property, not a block of time. You can buy and sell just like your primary home.What are the benefits of fractional ownership?Ownership and use of a luxury vacation home Deeded ownershipUsage rightsFlexibility of useShared maintenance costsFull time staff caring for the property and the owners.Can I rent my share?No. The property is for the exclusive use of the owners and their guests.Are pets allowed?Yes, we reserve some of the units for owners with pets.Is there an outdoor grill?Yes. Our owner’s deck is a perfect place to grill while watching the sunset. There is also plenty of seating for dinner and cocktail gatherings. The hot tub is always warm.What are the Association Fees?$3,000 per quarter. This covers insurance, maintenance, property taxes, water, sewer, trash, 3 employees and supplies.Any additional fees?There will be a cleaning fee when you leave. This fee averages $150.What day of the week do the reservations begin?Check in is Friday 3 pm. Check out the following Friday by 10 amWhat if I want to leave early?No problem. Just let us know in case another owner would like to pop in for a few daysIs there a fee to use the boats?Yes, $50 per day. Plus, top off the fuel tank when you return to the marina, which is next door.Can I bring my own boat?Yes, we have an owner’s dock for your use.Can we use the Big Chill Pool?Yes! We have 3 poolside Tiki Huts for the exclusive use of the owners.Is there a Board of Directors?Yes, the Board consists of 5 owners. There is regular communication from the Board. The annual owner’s meeting is in November via Zoom.

Location

Details

Type:
Residential
Parking:
Assigned / Guest / Open
Year Built:
2008
Lot:
No Data
Heating:
Electric
Price/sqft:
$120
Cooling:
Ceiling Fan(s) / Electric
HOA:
$3,000

Valuation

Our model vs. what's actually selling nearby.
Estimate
$275,000
$249K – $656K
Confidence Low
List vs. estimate
At estimate
List $275,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$119
-81.8% vs. city median $655
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$3,000/qtr
Pool
Community
View
Bay, Pool
Waterfront
Ocean Access, Seawall
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Cooking Island

    • Elevator

    • Entrance Foyer

    • Stacked Bedroom

    • Walk-In Closet(s)

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Assigned

    • Guest

    • Open

    Property

    • Levels: 11

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Barbeque / Open Balcony

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • HOA: $3,000

    • HOA Frequency: Quarterly

  • Source details

    • MLS ID: F10482960

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: East Of US 1

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

    • Window Features: Blinds / Verticals

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Living Area: 2300

    • Subdivision Name: Fisherman's Cove

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
Recently Sold
$290,000
House
1 bds · 2 ba · 679 sqft
Key Largo Kampground & Mar,Key Largo Kampground, Key Largo
101551 Overseas Hwy, Key Largo FL 33037
New
Recently Sold
$269,000
House
3 bds · 1 ba · 672 sqft
SEXTON COVES ESTATES, Key Largo
1 Mockingbird Rd, Key Largo FL 33037
New
Recently Sold
$224,000
House
2 bds · 1 ba · 720 sqft
Largo Gardens, Key Largo
602 Rose Place, Key Largo FL 33037
New
Recently Sold
$180,000
House
2 bds · 1 ba
Key Largo Mobile Homesites, Key Largo
266 Lee Ave, Key Largo FL 33037
Recently Sold
$255,000
Lots/Land
0.04 acres
CALUSA CAMPGROUND, Key Largo
325 Calusa St, Key Largo FL 33037
Recently Sold
$371,123
House
3 bds · 2 ba · 1,461 sqft
PAMELA VILLA, Key Largo
202 Mahogany Dr, Key Largo FL 33037
Recently Sold
$360,000
House
2 bds · 1 ba · 480 sqft
KEY LARGO TRAILER VILLAGE, Key Largo
83 Tarpon Basin Dr, Key Largo FL 33037
Recently Sold
$260,000
House
2 bds · 2 ba · 932 sqft
LARGO GARDENS, Key Largo
14 Rose Pl, Key Largo FL 33037

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Preferred