Sold for $605,000

$605,000

500 Burton Dr #2211, Tavernier, FL 33070

2beds

841sqft

Condominium

Built in 1991

-- sqft lot

$600,600 Zestimate^®

$719/sqft

$2,920 Estimated rent

Home value

$600,600

$559,000 - $643,000

$2,920/mo

Zestimate^® history

Owner options

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$2,920/mo

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$2,920/mo

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$6,669/mo

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$6,669/mo

Est. payment

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What's special

Ocean Point Resort Condo: Priced WAY BELOW market value. maintained and rented on Air BNB & VRBO for 9 years. A wonderful investment property grossing between $55k - $82k/year, or use it anytime between rentals. On-site management company available, or rent this yourself. Longtime housekeeper and maintenance person included. 850' Sq, 2/2, desirable ''D-Layout'', completely furnished, 2 balconies, everything upgraded, ready to move in or begin renting immediately. Huge pool, sandy beach, fishing pier, tennis, pickleball, playground, marina, boat ramp, boat storage, and more. Own a property at this very popular resort, while earning income. Seller financing available.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: Main
Area: 252 Square Feet
Dimensions: 14 x 18

Bedroom 2

Area: 252 Square Feet
Dimensions: 14 x 18

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Washer, Dryer

Features

Built-in Features, Granite Counters
Furnished: Yes

Interior area

Total structure area: 841
Total interior livable area: 841 sqft

Property

Parking

Parking features: Open, Storage
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Elevator Installed, Parking

Features

Exterior features: Built-in Barbecue, Fruit Tree(s), Lighting, Tennis Court(s)
Has private pool: Yes
Pool features: In Ground, Lap, Concrete
Has spa: Yes
Spa features: Heated
Fencing: Fenced
On waterfront: Yes

Lot

Size: 1.05 Acres

Details

Parcel number: 00479501002211
Zoning: SR - Sub Urban Residential District

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Frame, Stucco, Other

Condition

Year built: 1991

Utilities & green energy

Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

Community & HOA

Community

Subdivision: Ocean Pointe (92.5)

HOA

Has HOA: Yes
Services included: Cable TV, Sewer, Pest Control, Maintenance Structure, Common Area Mnt, Security
HOA fee: $3,000 quarterly

Location

Region: Tavernier

Financial & listing details

Price per square foot: $719/sqft
Tax assessed value: $492,768
Annual tax amount: $4,131
Date on market: 3/19/2024
Listing terms: Seller Finance Psble,Cash,Conventional

Price history

Date	Event	Price
5/24/2024	Sold	$605,000-2.1%$719/sqft
Source: FLKMLS #609262 Report a problem
4/23/2024	Price change	$618,000+1.5%$735/sqft
Source: Key West AOR #609262 Report a problem
3/19/2024	Listed for sale	$609,000+76.5%$724/sqft
Source: Key West AOR #609262 Report a problem
12/17/2015	Sold	$345,000-1.1%$410/sqft
Source: FLKMLS #568627 Report a problem
10/6/2015	Listed for sale	$349,000+20.8%$415/sqft
Source: American Caribbean Real Estate #568627 Report a problem
10/7/2002	Sold	$289,000+117.5%$344/sqft
Source: Public Record Report a problem
6/10/1996	Sold	$132,900$158/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,002 +13.1%	$492,768 +22%
2024	$4,421 +7%	$403,816 +10%
2023	$4,131 +12.6%	$367,105 +10%
2022	$3,669 +9.1%	$333,732 +10%
2021	$3,364 +2.6%	$303,393 +4.2%
2020	$3,279	$291,068 +2.9%
2019	$3,279 +2%	$282,897 +1.8%
2018	$3,216 -0.8%	$277,803 -16.4%
2017	$3,241 -10.7%	$332,301 +15.7%
2016	$3,630 +7.1%	$287,129 +21.8%
2015	$3,390	$235,715