About 500 Burton Drive 5307
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!
Features of 500 Burton Drive 5307
| MLS® # | 612694 |
|---|---|
| Price | $729,900 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 826 |
| Year Built | 1991 |
| Type | Residential |
| Sub-Type | Condo |
| Status | Active |
Community Information
| Address | 500 Burton Drive 5307 |
|---|---|
| Area | 26 - Key Largo S of MM 96.9 |
| Subdivision | Ocean Pointe (92.5) |
| City | KEY LARGO |
| County | Monroe |
| State | FL |
| Zip Code | 33070 |
Amenities
| Utilities | Municipal Sewer, Cable Available, Elect Separate Meter |
|---|---|
| Parking | Open Parking, Trailer Storage, Guest Parking |
| View | Ocean View |
| Is Waterfront | Yes |
| Waterfront | Oceanfront |
| Has Pool | Yes |
| Pool | In Ground, Concrete |
Interior
| Interior Features | Window Treatments, Quartz Countertops |
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Stories | 3 Stories |
Exterior
| Exterior Features | Tennis Court(s) |
|---|---|
| Lot Description | 10 or more Acres |
| Construction | Frame, Combo Construction |
Additional Information
| Date Listed | December 14th, 2024 |
|---|---|
| Days on Market | 124 |
| Zoning | SR - Sub Urban Residential District |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 4495.00 |
| HOA Fees Freq. | Quarterly |
Listing Details
| Agent | Carlos Lorenzo |
|---|---|
| Office | American Caribbean Real Estate, Christie's International Real Estate |