500 Burton Drive 1203, Key Largo, FL 33070

$535,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 841 Lot Size (sq. ft.): 3,005,640 Status: Closed

Current Price: $535,000 List Date: 8/07/2023 Last Modified: 9/04/2024

Overview

Description

Welcome to your coastal retreat, where this updated 2-bedroom, 2-bathroom condo awaits. Enjoy a nice sunrise or catch the fresh breeze from either of the two balconies. Positioned on the Atlantic side, Ocean Point offers a remarkable waterfront lifestyle that embodies the essence of coastal living. This condo is offered fully furnished, ensuring a seamless transition into your coastal haven. It has solid short-term vacation rental history with over $63K in total gross revenue in 2022. You can manage it yourself or hire a property manager. Prepare to be captivated by the stunning marina, adorned with a beautiful boat ramp, providing you with direct access to the legendary Key Largo reef within minutes. As an owner, you will relish the privilege of reserving your own boat slip and trailer parking at no additional cost, ensuring convenience and peace of mind for all your boating needs. Whether you're an avid angler seeking the thrill of various fishing experiences or simply yearning ... (Read more)

Listing Details MLS# 606242

Location, Tax & Legal

Street #: 500
Street Name: Burton
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33070
County: Monroe
Subdivision: Ocean Pointe (92.5)
Area: 26 - Key Largo S of MM 96.9
Unit #: 1203
City: KEY LARGO
Mile Marker: 92.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 8784180
Parcel #: 00479501-001203
Bldg Nbr: Yes
Zoning: SR - Sub Urban Residential District
Deed Restrictions: No
Legal: UNIT 1203 OCEAN POINTE I A CONDO OR1255-2072 OR2566-1235/36C/T OR2611-111/12 OR2635-552 OR2779-2480/82 OR3123-1689
Taxes: 4280.89
Tax Year: 2023
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: Yes
Control Depth: 3
Unit/Complex: Complex
Pool: Yes
Year Built: 1991
Total Units: 240
Lot Sqft Source: Tax Records
Acres: 69
Living Apx SqFt: 841
SqFt Source: Tax Records
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Floor Number: 2
Rentals Allowed: Yes
Min Rental Days: Yes
Lot SqFt: 0

Status Change Info

Under Contract Date: 2024-02-10
Sold Date: 2024-03-15

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Association Fee $: 4072
Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Yes
Stories: 4 Stories

More Information

Pool Info

Heated: Yes
In Ground: Yes
Concrete: Yes

Pets

Pets w/Restrictions: 1 pet no size limit

Remarks & Misc

Remarks – Consumer: Welcome to your coastal retreat, where this updated 2-bedroom, 2-bathroom condo awaits. Enjoy a nice sunrise or catch the fresh breeze from either of the two balconies. Positioned on the Atlantic side, Ocean Point offers a remarkable waterfront lifestyle that embodies the essence of coastal living. This condo is offered fully furnished, ensuring a seamless transition into your coastal haven. It has solid short-term vacation rental history with over $63K in total gross revenue in 2022. You can manage it yourself or hire a property manager. Prepare to be captivated by the stunning marina, adorned with a beautiful boat ramp, providing you with direct access to the legendary Key Largo reef within minutes. As an owner, you will relish the privilege of reserving your own boat slip and trailer parking at no additional cost, ensuring convenience and peace of mind for all your boating needs. Whether you're an avid angler seeking the thrill of various fishing experiences or simply yearning to unwind at the sandbar, this location offers endless opportunities for relaxation and aquatic adventures. Immerse yourself in the allure of the walk-in beach or take a leisurely stroll along the observation pier. Indulge in the Olympic-size pool and Jacuzzi, where you can bask in the sun, listen to soothing music, and savor refreshing beverages at the pool bar. For those seeking an active lifestyle, the tennis and pickleball courts are at your disposal, providing the perfect venue to break a sweat. Embrace the coastal lifestyle and create cherished memories in this remarkable condo.
Directions: First Bldg on your right when entering gate. Park on left side of building. 2nd Floor in front of stairs.

Fee Includes

Bldg Exterior Mnt: Yes
Building Insurance: Yes
Cable: Yes
Common Area Mnt: Yes
Exterminating: Yes
Security: Yes
Sewer: Yes
Other: Yes

Dockage

Assigned Dock: Yes
Boat Ramp: Yes
Dock Privileges: Yes
First Come Dock: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Oceanfront: Yes

Waterview

No Waterview: Yes

Floor

Vinyl: Yes

Neighborhood Feature

Beach: Yes
Clubhouse: Yes
Community Boat Ramp: Yes
Community Dockage: Yes
Community Pool: Yes
Tennis Courts: Yes

Interior Features

Drapes/Blinds Incl: Yes
Fire Sprinkler: Yes
Split Bedroom: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Aluminum Windows: Yes

Vehicle Storage

Open Parking: Yes

Security

Manned Gate: Yes

Construction

Combo Construction: Yes

Land Size

10 or more Acres: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
VA: Yes

Utilities

Cable Available: Yes
Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Bar: Yes
Chickee Hut: Yes
Fencing: Yes
Gazebo: Yes
Hot Tub: Yes
Lighting: Yes
Outdoor Shower: Yes
Sandy Beach: Yes
Sprinkler System: Yes
Tennis Court(s): Yes

Roof

Combo Roof: Yes
Metal Roof: Yes

Shutters

Panel: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Other Tax Exemptions: None Waterfront: Oceanfront Waterview: No Waterview Dockage: Assigned Dock; Boat Ramp; Dock Privileges; First Come Dock Property Condition: Updated/Remodeled Vehicle Storage: Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Drapes/Blinds Incl; Fire Sprinkler; Split Bedroom; Window Treatments Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Bar; Chickee Hut; Fencing; Gazebo; Hot Tub; Lighting; Outdoor Shower; Sandy Beach; Sprinkler System; Tennis Court(s) Pool Info: In Ground; Concrete Construction: Combo Construction Shutters: Panel Floor: Vinyl Roof: Combo Roof; Metal Roof Neighborhood Feature: Beach; Clubhouse; Community Boat Ramp; Community Dockage; Community Pool; Tennis Courts Security: Manned Gate Land Size: 10 or more Acres Terms: Cash; Conventional; VA Title: Title Ins - Buyer

Documents

2023 Rental Income ›

2022 Rental Income ›

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: September - 04 - 2024

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.

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