$685,000
SOLD JUL 18, 2022

500 Burton Dr Unit 2212 Tavernier, FL 33070

2 Beds
2 Baths
826 Sq Ft
$1,029/mo HOA Fee

Recently Sold

$829 Per Sq Ft

3% Below List Price

19 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Beach
  • Plantation Key School Rated A-
  • Assigned Dock
  • 1-minute walk to Old Settler's Park

About This Home

As of July 2022

Ocean Pointe - Well desired by investors for it's rental potential. One of just a handful of complexes that allow nightly rentals, Ocean Pointe owners can enjoy rental income while not enjoying the Florida Keys for themselves. This 2BD/2BA unit comes fully furnished and ready to rent - with future rentals already in place. Remodeled in 2017 with updated kitchen and baths, tile flooring throughout, recessed lighting and more. Amenities include private sandy beach, boat ramp, marina, clubhouse with light food service & bar. Naturally, there is a large swimming pool and spa with pool-side bar for snacks and drinks. Tennis and a children's playground round out the outdoor activities.

Last Agent to Sell the Property

Tracy Larson

Century 21 BE3 License #599458 Listed on: 05/30/2022

Last Buyer's Agent

Strain-Pabotoy Team Coldwell Banker Schmitt

Coldwell Banker Schmitt Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $1,029 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 826 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • First Come-First Served Dock
  • Boat Ramp
  • Assigned Dock
  • Dock Facilities
  • Balcony
  • Patio

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00479501-002212

Community Details

Overview

  • Association fees include bldg exterior mnt, security, exterminating, building insurance, common area mnt, cable
  • Ocean Pointe Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,039

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$1,029 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 3087.51
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Bldg Exterior Mnt, Security, Exterminating, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 92.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Tennis Courts, Spa, Fire Hydrant, Clubhouse, Community Pool, Community Dockage, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3039.44
  • Vehicle Storage: Guest Parking, Trailer Storage, Open Parking
  • Year Built: 1991
  • Alternate Key Number: 8850069
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Clam Shell
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 826.00
  • Pre Wired: Cable, Cat 5
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Whirlpool Bath Tub, Window Treatments, Smoke Alarms, Granite Counter Top, Fire Sprinkler
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Sash/Screen Window, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Assigned Dock, First Come Dock, Dock Privileges, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Combo Construction
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Manned Gate, Patrolled Area
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00479501-002212
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Bdl Holdings Keys Llc
Bought by
Valbuena Managing Partners Llc

Purchase Details

Listed on
May 30, 2022
Closed on
Jul 18, 2022
Sold by
Kelly Thomas M and Kelly Stacy A
Bought by
Bdl Holdings Keys Llc
Seller's Agent
Tracy Larson
Century 21 BE3
Buyer's Agent
Strain-Pabotoy Team Coldwell Banker Schmitt
Coldwell Banker Schmitt Islamorada
List Price
$704,000
Sold Price
$685,000
Premium/Discount to List
-$19,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.56%

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 25, 2018
Sold by
Christopher Elwell
Bought by
Kelly Thomas M and Kelly Stacy A
Seller's Agent
Tracy Larson
Century 21 BE3
Buyer's Agent
Verner Bodker
LoKation Real Estate
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.95%
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 24, 2018
Sold by
Christopher Elwell
Bought by
Kelly Thomas M and Kelly Stacy A
Seller's Agent
Tracy Larson
Century 21 BE3
Buyer's Agent
Verner Bodker
LoKation Real Estate
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Bargar Edward W and Bargar Nancy K
Bought by
Elwell Christophe R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 1996
Sold by
Ocean Pointe Development Corp
Bought by
Bargar Nancy K and Bargar Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 None Listed On Document
Warranty Deed $560,000 None Listed On Document
Warranty Deed $685,000 Coral Reef Title
Warranty Deed $300,000 None Listed On Document
Warranty Deed $300,000 None Listed On Document
Warranty Deed $146,000 --
Warranty Deed $115,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $50,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $749,000 +9.3% $907 / Sq Ft
07/18/2022 07/18/22 Sold $685,000 -2.7% $829 / Sq Ft
05/30/2022 05/30/22 For Sale $704,000 +134.7% $852 / Sq Ft
05/23/2018 05/23/18 Sold $300,000 -4.8% $363 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $315,000 -- $381 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,305 $530,646 -- $530,646
2023 $5,305 $552,390 $0 $552,390
2022 $3,506 $423,517 $0 $423,517
2021 $3,039 $267,812 $0 $267,812
2020 $2,961 $256,544 $0 $256,544
2019 $2,901 $248,938 $0 $248,938
2018 $2,931 $245,328 $0 $0
2017 $2,928 $269,492 $0 $0
2016 $2,744 $233,112 $0 $0
2015 $2,632 $209,766 $0 $0
2014 $2,581 $200,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601206

Florida Keys Board of REALTORS®

APN: 00479501-002212