500 Burton Dr Unit 1202, Key Largo, FL 33070

$586,000
2
BD
2
BA
826
SqFt

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Sold Price
$586,000
List Price
$599,900
Closing Date
Aug 29, 2023
MLS#
605108
Status
CLOSED
Island
Key Largo
County
Monroe
City
Key Largo
Area
Key Largo S of MM 96.9
Subdivision
Ocean Pointe (92.5)
Neighborhood
26 - Key Largo S of MM 96.9
Bedrooms
2
Bathrooms
2
Living Area
826
Year Built
1991
Days on Market
122

Property Description

Investment opportunity in highly sought after Ocean Pointe. 2 bedrooms/2 baths offered furnished including Kitchenwares. Short term rentals allowed, Gross $77,500 in 2022 and 71k in 2021 with Airbnb and Vrbo.Impact sliders and front door.All stainless steel appliances less than 3 years old. A/C less than 4 years old and a new Titan tankless water heater.New LG washer and dryer.Amenities included 24/7 security,pool,spa,Lighted tennis courts and pickle ball courts and basketball courts. trailer storage,beach,pier,dockage ,cafe marina. Enjoy the open Ocean access with the Marina,walk in sandy beach and Boardwalk gazebo.Look at the Atlantic Ocean at the Ocean pointe Restaurant/Bar other property features like the Jr. Olympic size heated swimming pool,spa,pool lounge abd kids play ground. Nature trails throughout. Centrally located in Tavernier at mile marker 92.5. Seller is a active Real-Estate broker. Seller financing Preferred with 200k down payment,interest only loan at 6% for 5 years ballon with renewal options. 2 points charge upfront.

Additional Information

Hoa Fee
$3,362
Taxes
$3,235
Interior Features
Sprinkler System
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Exterior Features
Wet Bar, Outdoor Grill, Chicken Coop, Fence, Gazebo, Hot Tub, Lighting, Outdoor Shower, Beach, Sprinkler System, Tennis Court(s)
Roof
Metal
Pool
Yes
Property Condition
Updated/Remodeled
Waterfront
Yes
Control Depth
3
Zoning
SR - Sub Urban Residential District
Terms
Cash, Conventional

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Listing Courtesy Of Fonte Realty & Investments, LLC., Contact: 305-297-9354

Selling Office: .