305-609-4190
500 Burton Dr # 1305, Key Largo FL 33070
Active Condominium Waterfront

500 Burton Dr # 1305, Key Largo FL 33070

Key Largo, FL, 33070

$561,500

Est. $2,839/mo (20% down)

2
Beds
2
Baths
826
Sq Ft
1991
Year Built
Lot Sq Ft
Garage

Photo Gallery (30 photos)

About This Property

Spectacular ocean view 2BD/2BA apartment at Ocean Pointe Condo. Enjoy as a vacation home, rental, or full-time residence. Ocean Pointe is a gated, resort-style community with 24/7 security and top-tier amenities: heated pool/spa, poolside cafe, oceanfront restaurant, marina with dockage, sandy beach, tennis/pickleball courts, trailer storage, playground, and more.

Property Details

MLS #

A12054742

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

1991

Days on Market

19

Stories

3

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$680

HOA Fee

$4,276/mo

Est. Insurance

$187/mo

Tax Year

2025

Tax Amount

$4,617

Garage

Lot Size

MLS Area

Ocean Point I Condominium

Subdivision

OCEAN POINT I CONDOMINIUM

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$3,931
Est. Monthly Rent
-18.0%
Cap Rate
-89.9%
Cash-on-Cash
$-101,009
Net Operating Income

ROI Projections (4% Annual Appreciation)

-341%
5-Year ROI
Value: $683,151
-659%
10-Year ROI
Value: $831,157
-949%
15-Year ROI
Value: $1,011,230

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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