Search for Property

500 Burton Drive 5307, Key Largo, FL 33070

$680,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 826 Lot Size (sq. ft.): 69 Status: Active
Current Price: $680,000 List Date: 6/16/2025 Last Modified: 12/10/2025

Description

Experience the ultimate coastal getaway in this beautifully updated 2-bedroom, 2-bathroom condo, ideally situated in Building 5—the closest building to the marina. Perched on the 3rd floor, this unit offers spectacular direct ocean views and overlooks the marina, allowing you to enjoy breathtaking sunrises and refreshing breezes from your private balcony. This condo not only serves as a charming retreat but also as a smart investment opportunity with a proven track record. The stylish interior features a modern quartz kitchen countertop, complemented by hurricane impact windows and doors for enhanced safety and tranquility. Offered fully furnished, this condo ensures a smooth transition into your new coastal lifestyle. With a strong short-term rental history, you have the flexibility to manage the property yourself or enlist the help of a property manager. Owners will appreciate the added benefit of a boat slip and trailer parking at no extra cost, providing direct access to the magnificent Key Largo reef just moments away. Whether you're an avid fisherman or simply looking to unwind at the sandbar, this location is a true haven for water lovers. Enjoy the inviting walk-in beach, take a leisurely stroll down the observation pier, or relax by the Olympic-size pool and Jacuzzi while enjoying refreshments from the pool bar. For those who like to stay active, the on-site tennis and pickleball courts are perfect for sharpening your game. Embrace the coastal lifestyle and create unforgettable memories in this remarkable condo!

More Information MLS# 615458

Contract Information

Listing Board: Florida Keys Current Price: $680,000 Listing Date: 2025-06-16 List Price: $680,000

Location, Tax & Legal

Unit #: 5307 City: KEY LARGO Mile Marker: 92.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 8784872 Zoning: SR - Sub Urban Residential District Deed Restrictions: Yes Legal: UNIT 5307 OCEAN POINTE V, A CONDOMINIUM OR1190-1270 OR1571-1830/31 OR2106-1584/85 OR2106-1586/87 OR2106-1588/89 OR2224 Taxes: 4912 Tax Year: 2024 Pub Sewer HkUp: Yes 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

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: Yes Control Depth: 3 Lot Size: 69 Acres Lot SqFt: 69 Unit/Complex: Unit Pool: Yes Total Units: 240 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Floor Number: 3 Style: Condo Year Built: 1991 Living Apx SqFt: 826 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Experience the ultimate coastal getaway in this beautifully updated 2-bedroom, 2-bathroom condo, ideally situated in Building 5—the closest building to the marina. Perched on the 3rd floor, this unit offers spectacular direct ocean views and overlooks the marina, allowing you to enjoy breathtaking sunrises and refreshing breezes from your private balcony. This condo not only serves as a charming retreat but also as a smart investment opportunity with a proven track record. The stylish interior features a modern quartz kitchen countertop, complemented by hurricane impact windows and doors for enhanced safety and tranquility. Offered fully furnished, this condo ensures a smooth transition into your new coastal lifestyle. With a strong short-term rental history, you have the flexibility to manage the property yourself or enlist the help of a property manager. Owners will appreciate the added benefit of a boat slip and trailer parking at no extra cost, providing direct access to the magnificent Key Largo reef just moments away. Whether you're an avid fisherman or simply looking to unwind at the sandbar, this location is a true haven for water lovers. Enjoy the inviting walk-in beach, take a leisurely stroll down the observation pier, or relax by the Olympic-size pool and Jacuzzi while enjoying refreshments from the pool bar. For those who like to stay active, the on-site tennis and pickleball courts are perfect for sharpening your game. Embrace the coastal lifestyle and create unforgettable memories in this remarkable condo!

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Condo Doc's: Yes Association Fee $: 4097 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1

Dockage

Assigned Dock: 1 Boat Ramp: 1 Dock Privileges: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets w/Restrictions: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Oceanfront: 1

Waterview

Ocean View: 1

Interior Features

Quartz Countertops: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Stories: 3 Stories

Vehicle Storage

Guest Parking: 1 Open Parking: 1 Trailer Storage: 1

Construction

Combo Construction: 1 Frame: 1

Land Size

10 or more Acres: 1

Furnished

Furnished: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Exterior Features

Tennis Court(s): 1

Pool Info

In Ground: 1 Concrete: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: Assigned Dock; Boat Ramp; Dock Privileges Property Condition: Updated/Remodeled Vehicle Storage: Guest Parking; Open Parking; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Utilities: Cable Available; Elect Separate Meter; Municipal Sewer Interior Features: Quartz Countertops; Window Treatments Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Tennis Court(s) Pool Info: In Ground; Concrete Construction: Combo Construction; Frame Land Size: 10 or more Acres
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: December - 10 - 2025
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.