NOT LISTED FOR SALE

701 Spanish Main Dr Unit 305 Cudjoe Key, FL 33042

Estimated Value: $242,050 - $276,000

0.04 Acre
$5,886,659 Price per Acre
1,919 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $250,000

Est. 4% increase in value since last sale

Current estimated payment $1,869/month

72 Days on Market

Highlights

  • Boat Ramp
  • Gated with Attendant
  • Waterfront
  • Tennis Courts
  • Harbor Views
  • 1-minute walk to Loop Road

About This Lot

As of May 2022

ATLANTIC OCEAN VIEWS! Located only steps to the Marina and Pool while surrounded by water views and tropical breezes! Transient vacation rental rights for short term rentals less than 28 days. A great place to build your new home or enjoy as an RV lot. There are hook ups water, sewer, electric (110, 30 and 50 amp service) plus cable and internet available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place!

Last Agent to Sell the Property

Trish 'Roy' Brummer

Prestige Realty BPK Listed on: 03/05/2022

Co-Listed By

Aile Valdes

Waterfront Keys Realty Inc. License #3379030

Last Buyer's Agent

Lee Sanders SanLorenzo

Century 21 Global Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,813

Lot Details

  • 1,919 Sq Ft Lot
  • Waterfront
  • Cleared Lot
  • Property is zoned URML-L - Urban Res Mobile Home Limited Dist

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • Electric Gate

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Additional Features

  • Harbor Views
  • Handicap Accessible

Listing and Financial Details

  • Assessor Parcel Number 00188681-030700

Community Details

Overview

  • Venture Out Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$1,813

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Spa, Other Area Features, Fire Hydrant, Handicap Facilities, Manager on Premises, Community Boat Ramp, Community Pool, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Transient License
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1813.07
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1243701
  • Lot Sq Ft: 1919.00
  • Species List: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 902.26
  • Association Maintenance Fee Per: Quarterly
  • Mandatory HOA: Yes
  • Existing Utilities: Undergrnd Utilities, Other Utilities, Water Meter, Water Line, Sewer, Electric on Site, Street Lights
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Miscellaneous Info Mobile Home Lot: Yes
  • Miscellaneous Info Recorded Plat: Yes
  • Miscellaneous Info R V Lot: Yes
  • R O G O Exempt: Yes
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: Open Water View, Harbor/Marina View

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00188681-030700
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
May 24, 2022
Sold by
Christopher Cirone
Bought by
Arnott James W and Arnott Kathryn J
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Lee Sanders SanLorenzo
Century 21 Global Properties
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Current Estimated Value
$259,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,013
Avg. Annual Appreciation
1.04%

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 8, 2018
Sold by
Cummings Jeffrey S
Bought by
Cirone Christopher and Buchta Valarie
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
List Price
$130,000
Sold Price
$128,000
Premium/Discount to List
-$2,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.69%
Original Mortgage
$0
Interest Rate
4.7%
Mortgage Type
Balloon

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 1, 2018
Sold by
Cummings Jeffrey S and Cummings Kelly Sa
Bought by
Cirone Christopher and Buchta Valarie
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
List Price
$130,000
Sold Price
$128,000
Premium/Discount to List
-$2,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 15, 2007
Sold by
Roy Patricia A
Bought by
Cummings Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 2003
Sold by
Leigh Ronnie
Bought by
Roy Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 15, 2002
Sold by
Bella C Kaszyk
Bought by
Leigh Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.21%

Purchase Details

Closed on
Oct 1, 1990
Bought by
Cummings Jeffrey S and Cummings Kelly A

Purchase Details

Closed on
Feb 1, 1989
Bought by
Cummings Jeffrey S and Cummings Kelly A

Purchase Details

Closed on
Feb 1, 1980
Bought by
Cummings Jeffrey S and Cummings Kelly A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Arnott James W $250,000 None Listed On Document
Cirone Christopher $128,000 True Title Agency
Cirone Christopher $128,000 True Title Agency
Cummings Jeffrey S $220,000 First American Title Ins Co
Roy Patricia A $83,500 --
Leigh Ronnie $50,000 --
Cummings Jeffrey S $59,000 --
Cummings Jeffrey S $56,000 --
Cummings Jeffrey S $11,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cirone Christopher $0
Previous Owner Cummings Jeffrey S $120,000
Previous Owner Roy Patricia A $30,000
Previous Owner Leigh Ronnie $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2022 05/24/22 Sold $250,000 -16.7% --
03/05/2022 03/05/22 For Sale $300,000 +134.4% --
11/01/2018 11/01/18 Sold $128,000 -1.5% -- View Prior Sale
10/09/2018 10/09/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $130,000 -- --
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 $2,502 $233,698 $233,471 $227
2023 $2,502 $205,909 $205,682 $227
2022 $1,924 $149,895 $149,668 $227
2021 $1,813 $120,337 $120,110 $227
2020 $1,721 $109,677 $109,450 $227
2019 $1,720 $109,677 $109,450 $227
2018 $2,640 $216,278 $216,051 $227
2017 $2,382 $178,968 $0 $0
2016 $2,438 $179,403 $0 $0
2015 $2,401 $167,715 $0 $0
2014 $2,461 $167,697 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599976

Florida Keys Board of REALTORS®

APN: 00188681-030700