NOT LISTED FOR SALE

701 Spanish Main Dr Unit 40 Cudjoe Key, FL 33042

Estimated Value: $246,146 - $326,000

0.05 Acre
$5,974,729 Price per Acre
2,078 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $265,000

Est. 8% increase in value since last sale

Current estimated payment $2,029/month

16 Days on Market

Highlights

  • Boat Ramp
  • Gated with Attendant
  • Community Pool
  • Tennis Courts
  • Clubhouse
  • 1-minute walk to Loop Road

About This Lot

As of March 2024

TRANSIENT RENTAL RV SITE! Located on the south of the park just steps from the most beautiful OCEANFRONT common ground. Have a large RV? No problem, this lot is located on a very wide street to easily maneuver your RV onto the lot. The lot has a large concrete patio for outdoor enjoyment and mature shade tree in the corner of the lot. Thinking about building in the future? This lot comes with building rights (No Rogo) for a 24 x 36 manf. home. Make appt to see today! Venture Out at Cudjoe Cay is a private and individually owned residential condominium community located on the oceanside of Cudjoe Key. We are a gated community with 24 hr. security, two pets are allowed, no age restrictions, with transient rentals permitted. There is an abundance of amenities; heated pool, hot tub, marina, convenient 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 safe wide paved streets, owner's storage lot and overflow parking. Lots of planned events and activities from yoga, pool aerobics, to pancake breakfast, church and bingo! So much to do! Never have to leave! Isn't it time you found 'Your Happy Place'?

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,100

Lot Details

  • 2,078 Sq Ft Lot
  • Lot Dimensions are 35x70
  • Cleared Lot
  • Property is zoned URML-L - Urban Res Mobile Home Limited Dist

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Electric Gate

Accessible Home Design

  • Handicap Accessible

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00188681-004200

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

$2,100

Lot Details

0

HOA Fees

$340 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: No
  • 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: 2099.52
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1241059
  • Lot Sq Ft: 2078.00
  • Species List: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1019.80
  • 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
  • Lot Dimensions: 35x70
  • 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: No Waterview

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE
  • Parcel Number: 00188681-004200
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 8, 2024
Sold by
Montanaro Ralph R and Montanaro Carole A
Bought by
Yeakey Michael A
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Views
14
Current Estimated Value
$286,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,787
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Mar 31, 2017
Sold by
Sporer Arlene M
Bought by
Montanaro Ralph R and Montanaro Carole A

Purchase Details

Closed on
May 31, 2005
Sold by
Sporer Anthony A and Sporer Arlene M
Bought by
Sporer Arlene M

Purchase Details

Closed on
Jan 30, 2001
Sold by
Zier Calvin V and Zier Tonia
Bought by
Montanaro Ralph R and Montanaro Carole A

Purchase Details

Closed on
May 19, 1999
Sold by
Zahalka Leona
Bought by
Zier Calvin V and Zier Tonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
6.87%

Purchase Details

Closed on
Feb 18, 1997
Sold by
Hurley Charles A and Hurley M
Bought by
Zahalka Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
7.7%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Noel Dwight P and Noel M
Bought by
Hurley Charles A and Hurley Judith M

Purchase Details

Closed on
Jan 1, 1986
Bought by
Sporer Arlene M Under Trust 4/4/1994

Purchase Details

Closed on
Feb 1, 1976
Bought by
Sporer Arlene M Under Trust 4/4/1994
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
Yeakey Michael A $265,000 None Listed On Document
Montanaro Ralph R -- Attorney
Sporer Arlene M -- Attorney
Sporer Arlene M -- --
Montanaro Ralph R $47,000 --
Zier Calvin V $39,000 --
Zahalka Leona $53,000 --
Hurley Charles A $47,500 --
Sporer Arlene M Under Trust 4/4/1994 $18,000 --
Sporer Arlene M Under Trust 4/4/1994 $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurley Charles A $9,000
Previous Owner Hurley Charles A $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $265,000 -7.0% --
01/31/2024 01/31/24 For Sale $285,000 -- --
Source: Marathon and Lower Keys Association 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 $2,100 $259,596 $258,929 $667
2023 $2,100 $230,019 $229,352 $667
2022 $1,870 $173,394 $172,727 $667
2021 $1,761 $140,665 $139,998 $667
2020 $1,692 $133,912 $133,245 $667
2019 $1,544 $104,820 $104,153 $667
2018 $1,501 $101,079 $100,516 $563
2017 $1,365 $77,181 $0 $0
2016 $1,294 $62,121 $0 $0
2015 $1,318 $60,491 $0 $0
2014 $1,389 $64,601 $0 $0
Source: Public Records

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608579

APN: 00188681-004200