$739,900
For Sale

500 Burton Drive #5307

Key Largo, FL 33070
2 beds | 2.00 baths | #612694
Browse 33 photos
Type:Purchase
Structure:House
Zone:Residential

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 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!

  • Property Details
      • SubdivisionOcean Pointe (92.5)
      • Property TypePurchase
      • MLS #612694
      • Cost739900
      • MLS #612694
      • Bathrooms2.00
      • Year Built1991
      • Bedrooms2
      • Property SubtypeA

Location

Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00