NOT LISTED FOR SALE

701 Spanish Main Dr Unit 589 Cudjoe Key, FL 33042

Estimated Value: $590,000 - $881,000

0.07 Acre
$11,042,909 Price per Acre
2,876 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $685,000 $851 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,528/month

15 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • Gated with Attendant
  • Boat Ramp
  • Tennis Courts
  • 1-minute walk to Loop Road

About This Lot

As of April 2024

LARGEST LOT IN VENTURE OUT! PANORAMIC OCEAN VIEWS! 64' CONCRETE SEAWALL! OVERSIZED Buildable/RV Lot. Bring your RV or build your new home here on this Premier Lot. This one of a kind property offers a 64' concrete seawall equipped with heavy duty dock posts, cleats, fish cleaning table, swim ladder, and outdoor shower. Utility Hook Ups are located on both sides of this property allowing you to pull in or back in. Located directly on Kemp Channel allowing quick boating access to the Gulf of Mexico and Atlantic Ocean. Venture Out is an individual owned residential condominium community with 24 hour gated security. No age restrictions, 2 pets allowed, off street parking and transient rentals are permitted. Amenities include saltwater heated pool, hot tub, marina with fuel dock, boat launch, convenient store, tennis courts, pickleball courts, bocce, basketball, playground, activities and more!

Last Agent to Sell the Property

Kim Babenzien

Expert Realty LLC (HQ) License #3448689 Listed on: 01/27/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,014

Lot Details

  • 2,876 Sq Ft Lot
  • Lot Dimensions are 20 x 100 x 64 x 65
  • Ocean Front
  • Cleared Lot
  • Property is zoned URML-L - Urban Res Mobile Home Limited Dist

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Electric Gate

Property Views

  • Ocean Views

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00188681-059100

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
  • Seawall
  • Dock made with concrete
  • Tennis Courts

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$4,014

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 64
  • Dockage Seawall: Concrete
  • 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, Fire Hydrant, Manager on Premises, Community Boat Ramp, Community Pool, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4014.37
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1246531
  • Lot Sq Ft: 2876.00
  • 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, Water Meter, Water Line, Sewer, Electric on Site, Street Lights
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Lot Dimensions: 20 X 100 X 64 X 65
  • 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
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Utilities

  • Security: Electric Gate, On Premises System, Patrolled Area, Manned Gate

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,VE
  • Parcel Number: 00188681-059100
  • Land Size: Less Than 1/4 Acre
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2024
Closed on
Apr 30, 2024
Sold by
Smith Wayne and W & L Smith Family Trust
Bought by
Littrell James R and Littrell Linda B
Seller's Agent
Kim Babenzien
Expert Realty LLC (HQ)
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
27
Current Estimated Value
$728,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,832
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Jul 23, 2021
Sold by
Smith Wayne A and Smith Lynda M
Bought by
Smith Lynda M and Smith Wayne

Purchase Details

Listed on
Jan 12, 2018
Closed on
Sep 11, 2018
Sold by
Delacruz Properties Llc
Bought by
Smith Wayne A and Smith Lynda M
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jun 29, 2015
Sold by
Behrens Milton G and Behrens Tara J
Bought by
Delacruz Properties Llc
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
List Price
$369,000
Sold Price
$361,900
Premium/Discount to List
-$7,100
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.16%

Purchase Details

Closed on
Jan 21, 2005
Sold by
Dzuris Robert W and Dzuris Doris B
Bought by
Behrens Milton G and Behrens Tara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,200
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1978
Bought by
Delacruz Properties Llc
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
Littrell James R $685,000 None Listed On Document
Smith Lynda M -- Attorney
Smith Wayne A $360,000 True Title Agency
Delacruz Properties Llc $361,900 True Title Agency Inc
Behrens Milton G $569,000 --
Delacruz Properties Llc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Behrens Milton G $455,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $685,000 -2.0% $851 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
01/27/2024 01/27/24 For Sale $699,000 +94.2% $868 / Sq Ft
09/06/2018 09/06/18 Sold $360,000 -7.5% $447 / Sq Ft View Prior Sale
07/31/2018 07/31/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $389,000 +7.5% $483 / Sq Ft
06/30/2015 06/30/15 Sold $361,900 -1.9% $450 / Sq Ft View Prior Sale
05/21/2015 05/21/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $369,000 -- $458 / Sq Ft
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 $4,014 $596,894 $584,052 $12,842
2023 $4,014 $440,439 $427,348 $13,091
2022 $3,840 $440,689 $427,348 $13,341
2021 $3,396 $293,918 $281,132 $12,786
2020 $3,376 $289,267 $282,311 $6,956
2019 $3,531 $305,186 $298,230 $6,956
2018 $3,881 $333,775 $327,177 $6,598
2017 $4,248 $376,153 $0 $0
2016 $4,176 $357,526 $0 $0
2015 $4,085 $334,341 $0 $0
2014 $4,294 $339,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Babenzien

    Seller's Agent in 2024

    Kim Babenzien

    Expert Realty LLC (HQ)

    (305) 619-1260

    49 in this area

    54 Total Sales

    Kim Babenzien
    Section Image

  • T

    Seller's Agent in 2018

    Trish 'Roy' Brummer

    Prestige Realty BPK

  • T

    Buyer's Agent in 2018

    Trish Roy

    Prestige Realty SGL Key

  • T

    Buyer's Agent in 2018

    TRISH BRUMMER

    Exit Realty Florida Keys BPK

  • P

    Buyer's Agent in 2018

    PATRICIA BRUMMER

    Waterfront Keys Realty Inc.

    (305) 395-8754

    169 in this area

    169 Total Sales

    PATRICIA BRUMMER
    Section Image

  • N

    Seller's Agent in 2015

    Nira Tocco

    Prestige Realty BPK

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608396

APN: 00188681-059100

Florida Monroe County Cudjoe Key 33042

701 Spanish Main Dr Unit 589, Cudjoe Key, FL

This home is located at 701 Spanish Main Dr Unit 589, Cudjoe Key, FL 33042 since 27 January 2024 and is currently estimated at $728,832, approximately $905 per square foot. 701 Spanish Main Dr Unit 589 is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

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