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For sale
  • Price cut: $46K (5/21)
    $649,900

    500 Burton Dr #2212, Tavernier, FL 33070

    2beds
    826sqft
    : 
    $5,325/mo
    Get pre-qualified
    Condominium
    Built in 1991
    -- sqft lot
    $618,100 Zestimate®
    $787/sqft
    $1,357/mo HOA

    What's special

    Fully furnishedProfessionally remodeled
    Agent is also the owner. $48,000 net income from Jan-April 2026. Professionally remodeled and fully furnished, this stunning unit is completely brand new--no detail overlooked. Located in one of the most desirable developments in the Florida Keys, it generates an impressive average of $100,000 per year in rental income. Ask about special financing options available that are not based solely on your personal income approval may be based on the unit's strong rental income potential. Excellent short term rental opportunity with documented 2026 income of approximately $48,000 net in just the first 4 months of the year. Strong seasonal performance with established Airbnb/VRBO history makes this a fantastic investment or vacation property with immediate income potential. (See Attachments) January 2026 Net Payment: $10,404.00 February 2026 Net Payment: $13,269.00 March 2026 Net Payment: $13,884.00 April 2026 Net Payment: $10,674.78
    158 days
    |
    144
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Valbuena 305-721-5775,

    Pedrin of Miami Realty, Inc.

    Source: FLKMLS,MLS#: 619061MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Stainless Steel Appliance(s)
      • Laundry: Laundry Room
      Features
      • Smart Thermostat, Built-in Features, Elevator, Walk-in Closet(s), Quartz Countertops
      • Flooring: Vinyl
      • Furnished: Yes
      Interior area
      • Total structure area: 826
      • Total interior livable area: 826 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Handicap Facilities
      Features
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Built-in Barbecue, Chickee Hut, Rain Gutters, Outdoor Kitchen, Outdoor Shower, Tennis Court(s)
      • Has private pool: Yes
      • Pool features: In Ground, Lap
      • On waterfront: Yes
      Details
      • Parcel number: 00479501002212
      • Zoning: IS - Improved Subivision District

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • CBS
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Community Dockage, Community Boat Ramp, Beach, Bike Paths
      • Security: Gated with Guard, Fire Sprinkler System
      • Subdivision: Ocean Pointe (92.5)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
      • HOA fee: $1,357 monthly
      Location
      • Region: Tavernier

      Financial & listing details

      • Price per square foot: $787/sqft
      • Tax assessed value: $474,689
      • Annual tax amount: $4,845
      • Date on market: 3/13/2026
      • Listing terms: Conventional,Other

        Estimated market value

        $618,100

        $587,000 - $649,000

        $2,831/mo

        Price history

        DateEventPrice
        5/21/2026Price change$649,900-6.6%$787/sqft
        Source: Key West AOR #619061 Report a problem
        3/13/2026Listed for sale$695,900$842/sqft
        Source: Key West AOR #619061 Report a problem
        3/3/2026Listing removed$695,900$842/sqft
        Source: FLKMLS #617010 Report a problem
        2/17/2026Price change$695,900+3.9%$842/sqft
        Source: Key West AOR #617010 Report a problem
        11/10/2025Price change$669,900+3.7%$811/sqft
        Source: FLKMLS #617010 Report a problem
        10/24/2025Listed for sale$645,900-13.8%$782/sqft
        Source: Key West AOR #617010 Report a problem
        9/29/2025Listing removed$749,000$907/sqft
        Source: FLKMLS #616018 Report a problem
        8/2/2025Price change$749,000+25.3%$907/sqft
        Source: Key West AOR #616018 Report a problem
        11/15/2024Pending sale$598,000+6.8%$724/sqft
        Source: FLKMLS #610351 Report a problem
        11/14/2024Sold$560,000-6.4%$678/sqft
        Source: FLKMLS #610351 Report a problem
        10/25/2024Contingent$598,000$724/sqft
        Source: Key West AOR #610351 Report a problem
        10/2/2024Price change$598,000-2.3%$724/sqft
        Source: Key West AOR #610351 Report a problem
        6/9/2024Listed for sale$612,000-0.5%$741/sqft
        Source: FLKMLS #610351 Report a problem
        6/1/2024Listing removed--
        Source: FLKMLS #607638 Report a problem
        4/16/2024Price change$615,000-1.6%$745/sqft
        Source: Key West AOR #607638 Report a problem
        1/2/2024Price change$625,000-2%$757/sqft
        Source: Key West AOR #607638 Report a problem
        12/1/2023Listed for sale$637,500-0.2%$772/sqft
        Source: Key West AOR #607638 Report a problem
        12/1/2023Listing removed--
        Source: Key West AOR #605072 Report a problem
        9/21/2023Price change$639,000-1.5%$774/sqft
        Source: FLKMLS #605072 Report a problem
        7/25/2023Price change$649,000-1.5%$786/sqft
        Source: FLKMLS #605072 Report a problem
        6/9/2023Price change$659,000-1.5%$798/sqft
        Source: FLKMLS #605072 Report a problem
        4/25/2023Listed for sale$669,000-2.3%$810/sqft
        Source: FLKMLS #605072 Report a problem
        7/18/2022Sold$685,000-2.7%$829/sqft
        Source: FLKMLS #601206 Report a problem
        6/18/2022Contingent$704,000$852/sqft
        Source: Key West AOR #601206 Report a problem
        6/13/2022Listed for sale$704,000$852/sqft
        Source: Key West AOR #601206 Report a problem
        6/8/2022Contingent$704,000$852/sqft
        Source: Key West AOR #601206 Report a problem
        5/30/2022Listed for sale$704,000+134.7%$852/sqft
        Source: Key West AOR #601206 Report a problem
        5/25/2018Sold$300,000+105.5%$363/sqft
        Source: Public Record Report a problem
        11/1/2000Sold$146,000+26%$177/sqft
        Source: Public Record Report a problem
        8/29/1996Sold$115,900$140/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,846 -6.6%$474,689 -10.5%
        2024$5,191 -2.2%$530,646 -3.9%
        2023$5,305 +51.3%$552,390 +87.5%
        2022$3,506 +15.4%$294,593 +10%
        2021$3,039 +2.7%$267,812 +4.4%
        2020$2,961 $256,544 +3.1%
        2019$2,961 +2.1%$248,938 +1.5%
        2018$2,901 -1%$245,328 -9%
        2017$2,931 +0.1%$269,492 +15.6%
        2016$2,928 +6.7%$233,112 +11.1%
        2015$2,744 $209,766
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33070

        Getting around

        9 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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