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500 Burton Drive, 1312, Key Largo, FL 33037

$624,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 826 Lot Size (sq. ft.): 3,005,640 Status: Active
Current Price: $624,900 List Date: 1/03/2024 Last Modified: 5/09/2024

Description

Step into your coastal haven, where this beautifully updated 2-bed, 2-bath condo invites you to embrace the tranquility of island living. Greet the day with a breathtaking sunrise and ocean views from your balcony or savor the gentle ocean breeze that sweeps through. Boasting a strong history of short-term vacation rentals, with over $58K in total gross revenue for 2023. Set against the backdrop of the Atlantic, Ocean Point Condo presents an unparalleled waterfront experience. Delivered fully furnished, this condo promises a seamless transition into your seaside sanctuary. Indulge in the mesmerizing marina, complete with a picturesque boat ramp, offering direct access to the renowned Key Largo reef mere minutes away. As a proud owner, you'll have the exclusive privilege of reserving your personal boat slip and trailer parking at no extra cost. Immerse yourself in the charm of the walk-in beach or take a leisurely stroll along the observation pier. Rejuvenate in the expansive Olympic-size pool and Jacuzzi, where you can soak up the sun, revel in soothing melodies, and relish refreshing beverages at the pool bar. For those inclined towards an active lifestyle, the tennis and pickleball courts await, providing an ideal setting to engage in friendly competition. Embrace the coastal allure and craft enduring memories in this exceptional condo, where every day feels like a cherished getaway.

More Information MLS# 608011

Contract Information

Current Price: $624,900 Listing Date: 2024-01-03 Listing Board: Florida Keys List Price: $624,900 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No

Location, Tax & Legal

Street #: 500 Street Name: Burton Street Suffix: Drive Unit #: 1312 Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Ocean Pointe (92.5) Mile Marker: 92.5 Area: 26 - Key Largo S of MM 96.9 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE Alternate Key #: 8784431 Parcel #: 00479501-001312 Bldg Nbr: 1 Zoning: SR - Sub Urban Residential District Deed Restrictions: Yes Legal: UNIT 1312 OCEAN POINTE I A CONDOMINIUM OR1246-759 OR1637-88 OR2459-1422 OR2489-1452/53 OR2710-1178 OR2921-842/43 OR3052 Taxes: 4296 Tax Year: 2022 Pub Sewer HkUp: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Condo Waterfront: Yes Control Depth: 3 Unit/Complex: Unit Pool: No Year Built: 1991 Total Units: 240 Acres: 69 Living Apx SqFt: 826 SqFt Source: Tax Records Total Bedrooms: 2 Full Baths: 2 Total Baths: 2 Floor Number: 3 Rentals Allowed: With Restrictions Min Rental Days: 1

Remarks & Misc

Remarks – Consumer: Step into your coastal haven, where this beautifully updated 2-bed, 2-bath condo invites you to embrace the tranquility of island living. Greet the day with a breathtaking sunrise and ocean views from your balcony or savor the gentle ocean breeze that sweeps through. Boasting a strong history of short-term vacation rentals, with over $58K in total gross revenue for 2023. Set against the backdrop of the Atlantic, Ocean Point Condo presents an unparalleled waterfront experience. Delivered fully furnished, this condo promises a seamless transition into your seaside sanctuary. Indulge in the mesmerizing marina, complete with a picturesque boat ramp, offering direct access to the renowned Key Largo reef mere minutes away. As a proud owner, you'll have the exclusive privilege of reserving your personal boat slip and trailer parking at no extra cost. Immerse yourself in the charm of the walk-in beach or take a leisurely stroll along the observation pier. Rejuvenate in the expansive Olympic-size pool and Jacuzzi, where you can soak up the sun, revel in soothing melodies, and relish refreshing beverages at the pool bar. For those inclined towards an active lifestyle, the tennis and pickleball courts await, providing an ideal setting to engage in friendly competition. Embrace the coastal allure and craft enduring memories in this exceptional condo, where every day feels like a cherished getaway.

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: Yes Association Fee $: 4072.42 Assoc/Mnt Fee Per: Quarterly

Dockage

Dock: Composite

Building Style

Above Flood: Yes Stories: 4 Stories

Pets

Pets w/Restrictions: 1 med size pet

Financial Status

Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Porch/Balcony: Open Porch/Balcony Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Granite Counter Top Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Exterior Features: Sandy Beach Construction: Frame; Stucco Windows/Doors: Aluminum Windows Floor: Tile Roof: Metal Roof Neighborhood Feature: Beach; Community Boat Ramp; Community Pool; Handicap Facilities; Spa; Tennis Courts Security: Manned Gate Land Size: 10 or more Acres Terms: Cash; Conventional; VA Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: May - 09 - 2024

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