OCEAN POINT I CONDOMINIUM

500 Burton Dr # 1203, Key Largo FL 33070

2 beds · 2 baths · 841 ft²

Closed

$599,900

9.09%

Est. Payment $3,193/mo

MLS Sheet Video

Bedrooms

Bathrooms

841

Sq. Ft.

1991

Year Built

Stories

188

Days on Market

Description

Welcome to your coastal retreat, where this updated 2/2 condo awaits. Catch a sunrise or enjoy the fresh breeze from either of the two balconies. Positioned on the Atlantic side, Ocean Point offers a remarkable waterfront lifestyle that embodies the essence of coastal living. This condo is offered fully furnished. It has solid short-term vacation rental history with over $63K in total gross revenue in 2022. Stunning marina, with a great boat ramp. As an owner, you may reserve your own boat slip and trailer parking at no additional cost. Immerse yourself in the allure of the walk-in beach or take a leisurely stroll along the observation pier. Olympic-size pool and Jacuzzi with pool bar. Tennis and pickleball courts are at your disposal.

Facts

MLS#: A11425330
Subdivision: OCEAN POINT I CONDOMINIUM
Property Type: Residential
Property Sub Type: Condominium
Year Built: 1991
Lot Size: 0 sqft
Sq. Ft.: 841 ft²
Sq. Mt.: 78 m²
Price per sq. ft.: $713/ft²
Price per sq. mt.: $7,691/m²
Stories: 4
Garage: —
Pool: —
Days on Market: 188 days
Listed: Aug 8, 2023
Last Updated: Mar 15, 2024
Price/Lot Sq.Ft.: —

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Market insights for Key Largo

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/15/2024	Sold	$599,900
1/6/2024	Price change	$599,900-9.1%
8/8/2023	Listed for sale	$659,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

500 Burton Dr # 1203, Key Largo FL 33070Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Virginia Shuman Young Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
St Anthony School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
Happyland Day School
PK,KG · private · 0.9 mi
Bayview Elementary School
KG,1,2,3,4,5 · public · 0.9 mi
Sunrise Middle School
6,7,8 · public · 1.0 mi
Delmar Arts Academy
PK,KG,1,2,3 · private · 1.1 mi
Primer - Fort Lauderdale
KG,1,2,3,4,5,6,7,8 · oosle · 1.1 mi
Bennett Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi
Northstar Academy of Hillsborough County East
6,7,8,9,10,11,12 · charter · 1.4 mi
NORTHSTAR ACADEMY-7421
7,8,9,10,11,12 · charter · 1.4 mi

Estimated Monthly Payment

$3,843/mo

Principal & Interest

$3,193

Property Tax

$500

Insurance

$150

HOA

Down Payment20% ($119,980)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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