Sold for $590,000

$590,000

500 Burton Dr #2408, Tavernier, FL 33070

2beds

841sqft

Condominium

Built in 1991

-- sqft lot

$633,600 Zestimate^®

$702/sqft

$2,920 Estimated rent

Home value

$633,600

$583,000 - $684,000

$2,920/mo

Zestimate^® history

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$2,920/mo

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$2,920/mo

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$7,666/mo

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$7,666/mo

Est. payment

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What's special

Direct ocean accessBeautiful ocean viewsOceanfront balconies

This condo is an estate sale., condo needs updating. Direct Ocean access from a naturally protected Marina. Jr. Olympic pool with a 14 person spa. Lighted Tennis & Pickleball courts. Beach area with Boardwalk & Gazebo. Great rental potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Has Heating (Unspecified Type)

Cooling

Ceiling Fans(s)

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal

Features

Flooring: Tile, Concrete
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: Parking, Handicap Facilities

Features

Patio & porch: Open Porch/Balcony, Lanai
Exterior features: Bar, Built-in Barbecue, Chickee Hut, Lighting, Outdoor Shower, Sandy Beach, Tennis Court(s)
Has private pool: Yes
Pool features: In Ground, Lap, Concrete
Has spa: Yes
Spa features: Heated, Community
Fencing: Fenced
On waterfront: Yes

Details

Additional structures: Gazebo
Parcel number: 00479501002408
Zoning: SR - Sub Urban Residential District
Other equipment: Irrigation Equipment

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Combo Construction

Condition

Year built: 1991

Utilities & green energy

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

Community & HOA

Community

Features: Community Dockage, Community Boat Ramp, Clubhouse, Manager on Premises, Fire Hydrant, Beach
Security: Gated with Guard, Fire Sprinkler System
Subdivision: Ocean Pointe (92.5)

HOA

Has HOA: Yes
Services included: Cable TV, Pest Control, Maintenance Structure, Insurance, Common Area Mnt, Security
HOA fee: $4,064 quarterly

Location

Region: Tavernier

Financial & listing details

Price per square foot: $702/sqft
Tax assessed value: $558,558
Annual tax amount: $4,471
Date on market: 9/7/2023
Listing terms: No Seller Finance,Conventional

Price history

Date	Event	Price
2/13/2025	Sold	$590,000-13.7%$702/sqft
Source: FLKMLS #606564 Report a problem
2/2/2025	Pending sale	$684,000$813/sqft
Source: FLKMLS #606564 Report a problem
6/22/2024	Contingent	$684,000$813/sqft
Source: FLKMLS #606564 Report a problem
1/10/2024	Price change	$684,000-0.7%$813/sqft
Source: Key West AOR #606564 Report a problem
10/13/2023	Price change	$689,000-1.4%$819/sqft
Source: FLKMLS #606564 Report a problem
9/7/2023	Listed for sale	$699,000+3.9%$831/sqft
Source: FLKMLS #606564 Report a problem
9/9/2022	Sold	$672,900-1%$800/sqft
Source: FLKMLS #601631 Report a problem
7/1/2022	Listed for sale	$679,900+48.6%$808/sqft
Source: Key West AOR #601631 Report a problem
5/14/2021	Sold	$457,500+201%$544/sqft
Source: Public Record Report a problem
10/7/1996	Sold	$152,000$181/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,571 +0.1%	$558,558 -2.8%
2024	$5,564 +2.1%	$574,868 +1%
2023	$5,450 +21.9%	$569,431 +25.6%
2022	$4,472 +20.9%	$453,383 +35.2%
2021	$3,699 +8.6%	$335,311 +10%
2020	$3,406	$304,828 +8.3%
2019	$3,406 +6.3%	$281,561 +1.7%
2018	$3,203	$276,902 -12%
2017	--	$314,796 +15%
2016	--	$273,731 +10.4%
2015	--	$247,965