$240,000
SOLD JAN 28, 2025

701 Spanish Main Dr Unit 403 Cudjoe Key, FL 33042

0.05 Acre
-- Price per Acre
2,009 Sq Ft Lot

Recently Sold

8% Below List Price

210 Days on Market

Highlights

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

About This Lot

As of January 2025

Escape to your own piece of paradise in the Venture Out community, where the amenities are as plentiful as the margaritas at a Jimmy Buffett tribute. Picture yourself lounging by the heated pool overlooking the sparkling ocean. Serve up some friendly competition on the tennis courts or Pickleball courts, or head over to the marina to gas up for a day out on your boat. This is not just a property - it's a lifestyle that screams ''Fins Up!''This buildable site (currently utilized as an RV Lot up to 42' with 30 and 50 amp available) with an established transient rental license is your ticket to island living without ever needing to ''Venture Out''side of the gated community. Nestled on a corner lot with mature landscaping, this property offers the perfect blend of privacy and convenience. Just a short stroll away, you'll find yourself at the open water, where paddleboarding and kayaking adventures await. Embrace the laid-back island vibes and make every day feel like a vacation in your own backyard. Don't miss out on this opportunity to own a slice of paradise in the heart of Venture Out. Whether you're looking for a permanent residence, a vacation rental investment, or a weekend retreat, this property has it all. So grab your flip flops, pack your sunscreen, and get ready to live the Jimmy Buffett lifestyle in this tropical oasis. It's 5 o'clock somewhere - why not make it right here?

Last Agent to Sell the Property

Katrina Vanek

Bluescape Real Estate License #3577239 Listed on: 06/07/2024

Co-Listed By

Melissa Graham

Bluescape Real Estate License #3422705

Last Buyer's Agent

Ian Calderwood

Bluescape Real Estate License #3616230

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,718

Lot Details

  • 2,009 Sq Ft Lot
  • Lot Dimensions are 26x75
  • Corner Lot
  • Cleared Lot
  • Property is zoned URML-L - Urban Res Mobile Home Limited Dist

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • Electric Gate

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00188681-040500

Community Details

Overview

  • Venture Out Subdivision

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

$1,718

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Type: Lots and Land
  • 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, Manager on Premises, Community Boat Ramp, Community Pool, Tennis Courts
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1717.51
  • Title: Negotiable
  • Alternate Key Number: 1244678
  • Lot Sq Ft: 2009.00
  • First Right of Refusal: No
  • Association Fee: 1762.98
  • Association Maintenance Fee Per: Quarterly
  • Mandatory HOA: Yes
  • Existing Utilities: Undergrnd Utilities, Water Meter, Water Line, Sewer, Electric on Site, Street Lights
  • Location Site: Paved Street, Cleared Site, Corner Lot
  • Lot Dimensions: 26x75
  • Miscellaneous Info Mobile Home Lot: Yes
  • Miscellaneous Info R V Lot: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: Open Water View

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00188681-040500
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jan 28, 2025
Sold by
Kujacznski James
Bought by
Verrier Eusebio and Ramos Anay
Seller's Agent
Katrina Vanek
Bluescape Real Estate
Buyer's Agent
Ian Calderwood
Bluescape Real Estate
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.74%

Purchase Details

Closed on
Jun 18, 2020
Sold by
Hoffman Larry and Hoffman Violeta Marie
Bought by
Kujacznski James

Purchase Details

Closed on
Aug 9, 2005
Sold by
Moody Douglas L and Moody Francis D
Bought by
Hoffman Larry and Hoffman Christa

Purchase Details

Closed on
Mar 1, 1984
Bought by
Hoffman Larry and Hoffman Christa

Purchase Details

Closed on
Feb 1, 1973
Bought by
Hoffman Larry and Hoffman Christa
Source: Public Records

Range of Values:

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Average Value
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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 $240,000 None Listed On Document
Warranty Deed $125,000 Gulf Stream Title Llc
Warranty Deed $220,000 --
Warranty Deed $17,000 --
Deed $7,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 For Sale $300,000 +25.0% --
01/28/2025 01/28/25 Sold $240,000 -7.7% --
06/07/2024 06/07/24 For Sale $260,000 -- --
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 $1,718 $213,944 $212,839 $1,105
2023 $1,718 $188,643 $187,497 $1,146
2022 $1,508 $141,000 $139,814 $1,186
2021 $1,380 $106,038 $104,812 $1,226
2020 $1,374 $131,442 $130,175 $1,267
2019 $1,532 $103,075 $101,768 $1,307
2018 $1,489 $99,507 $98,217 $1,290
2017 $1,356 $76,213 $0 $0
2016 $1,286 $61,310 $0 $0
2015 $1,309 $59,648 $0 $0
2014 $1,379 $63,604 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 610345

APN: 00188681-040500