500 Burton Drive, Unit 5307

Tavernier, FL 33070

$739,900
Price
2
Beds
2
Baths
826 Sq. Ft.
$896 / Sq. Ft.
826
Sq. Ft.
$896
per Sq. Ft.

Description

Discover your perfect coastal escape in this beautifully updated 2-bedroom, 2-bathroom condo located in Building 5, the closest to the marina. Nestled on the 3rd floor, this unit boasts breathtaking direct ocean views and overlooks the marina, allowing you to soak in stunning sunrises and refreshing breezes from your balcony. This condo has proven to be a lucrative investment, grossing over $50,000 in rental income in 2024, making it an excellent choice for savvy buyers. Tastefully updated, it features...Discover your perfect coastal escape in this beautifully updated 2-bedroom, 2-bathroom condo located in Building 5, the closest to the marina. Nestled on the 3rd floor, this unit boasts breathtaking direct ocean views and overlooks the marina, allowing you to soak in stunning sunrises and refreshing breezes from your balcony. This condo has proven to be a lucrative investment, grossing over $50,000 in rental income in 2024, making it an excellent choice for savvy buyers. Tastefully updated, it features a stylish quartz kitchen countertop and includes hurricane impact windows and doors for added safety and peace of mind. Offered fully furnished for your convenience, this condo provides a seamless transition into the ideal coastal lifestyle. The property has a robust short-term rental history, allowing for flexible management options--whether you choose to manage it yourself or hire a property manager. Owner's can enjoy the convenience of a boat slip and trailer parking at no extra cost, granting you direct access to the renowned Key Largo reef just moments away. Whether you're an avid fisherman or looking to relax at the sandbar, this location is a paradise for water enthusiasts. Take advantage of the beautiful walk-in beach, stroll along the observation pier, or unwind in the Olympic-size pool and Jacuzzi while sipping drinks from the pool bar. For those who love to stay active, the on-site tennis and pickleball courts provide the perfect outlet for recreation. Embrace this coastal lifestyle and make lasting memories in this exceptional condo!
  1. Listed by Carlos Lorenzo • American Caribbean Real Estate, Christie's International Real Estate

Property Details for 500 Burton Drive, Unit 5307

Waterfront
Oceanfront
Waterfront
Yes
Zoning
SR - Sub Urban Residential District
Subdivision
Ocean Pointe (92.5)
Vehicle Storage
Open Parking, Trailer Storage, Guest Parking
LISTING UPDATED: 12/14/2024 06:48 AM

Property Details for 500 Burton Drive, Unit 5307

StatusActive
MLS #612694
Days on Market3
Taxes$4,757 / year
HOA Fees$4,495 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1991
CountyMonroe County

Building

500 Burton Dr

240 Units3 StoriesBuilt in 1991

Building Information for 500 Burton Drive, Unit 5307

Building/Complex500 Burton DrFloor-Stories3Residences240Pet PolicyAllowedYear Built1991

Property Information for 500 Burton Drive, Unit 5307

Summary
Location and General Information
  • Waterview: Ocean View
  • Area: 26 - Key Largo S of MM 96.9
  • Absolute Longitude: 80.500579
  • Control Depth: 3
  • Bldg Nbr: 5
  • Listing Board: Florida Keys
  • Side: Ocean
  • Unit/Complex: Unit
  • Mile Marker: 92.5
  • Marathon Neighborhood: N/A
  • Key/Island: Key Largo
Owner
  • Owner Name: See Tax Records
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 69 Acres
  • Parcel #: 00479501-005307
  • Land Size: 10 or more Acres
Property and Assessments
  • Legal: UNIT 5307 OCEAN POINTE V, A CONDOMINIUM OR1190-1270 OR1571-1830/31 OR2106-1584/85 OR2106-1586/87 OR2106-1588/89 OR2224-2
  • MLS Approved: Y
  • Limited Representation: Yes
  • SqFt Source: Tax Records
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Yes
  • Picture Count: 33
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: Municipal Sewer, Cable Available, Elect Separate Meter
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground, Concrete
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor Number: 3.0
  • Interior Features: Window Treatments, Quartz Countertops
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Construction: Frame, Combo Construction
  • Dockage: Dock Privileges, Boat Ramp, Assigned Dock
  • Exterior Features: Tennis Court(s)

Property History for 500 Burton Drive, Unit 5307

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Burton Drive, Unit 5307

Taxable ValueLand-Additions$546,409Total-
Tax Record2023$4,757 ($396 / month)
Home Facts
Beds2Baths2Total Finished SqFt826 SqFtAbove Grade Finished SqFt826 SqFtLot Size39,621 SqFtStyleCondominiumYear Built1991CountyMONROEAPN00479501-005307

Schools near 500 Burton Drive, Unit 5307

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Plantation Key School
PublicPK to 8

Key West High School
Public9 to 12

Ocean Studies Charter
CharterK to 8

Coral Shores High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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500 Burton Drive, Unit 5307 is a condo for sale in Tavernier, FL 33070. This property was listed for sale on December 14, 2024 by American Caribbean Real Estate, Christie's International Real Estate, it's currently listed at $739,900. It has been on the market for a total of 3 days and was last sold on April 5, 2021. This listing's school district is Monroe. Nearby schools include Plantation Key School, Key West High School and Ocean Studies Charter. 500 Burton Drive, Unit 5307 is a 2-bed, 2-bath, 826 sqft condo built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of American Caribbean Real Estate, Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.