NOT LISTED FOR SALE

701 Spanish Main Dr Unit 336 Cudjoe Key, FL 33042

Cudjoe Key Neighborhood

Estimated Value: $285,000 - $358,000

0.05 Acre
$7,088,298 Price per Acre
2,045 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $285,000

Est. 17% increase in value since last sale

Current estimated payment $2,398/month

3 Days on Market

Highlights

  • Boat Ramp
  • Tennis Courts
  • Home fronts a canal
  • Dock made with concrete
  • Gated with Attendant
  • 1-minute walk to Loop Road

About This Lot

As of December 2021

RV buildable lot (No ROGO) centrally located with expansive water views of the open water and 60' wide canal. Features a 17' concrete seawall on cleared site with concrete pad and driveway. Centrally located! You can walk to all the common grounds, marina, pool, hot tub, rec hall, tennis and more! Venture Out offers 24 hr. gated security, numerous activities, amenities and so much more! 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 Listed By

Trish 'Roy' Brummer

Prestige Realty BPK Listed on: 11/16/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,100

Year Built

  • 1979

Lot Details

  • 2,045 Sq Ft Lot
  • Lot Dimensions are 17 x 64 x 50 x 60
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned URML-L - Urban Res Mobile Home Limited Dist

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • Electric Gate

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Additional Features

  • Canal Views
  • Handicap Accessible

Listing and Financial Details

  • Assessor Parcel Number 00188681-033800

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

$2,100

Year Built

1979

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 17
  • 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, 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: 2099.95
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1244007
  • Lot Sq Ft: 2045.00
  • Species List: Yes
  • First Right of Refusal: Yes
  • Association Fee: 847.88
  • 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
  • Lot Dimensions: 17 x 64 x 50 x 60
  • 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
  • Year Built (Public Record): 1979

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View, Open Water View

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00188681-033800
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 10, 2021
Sold by
Suiter Thomas D and Suiter Patricia M
Bought by
Arrington Robert
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Susan Halligan
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Total Days on Market
3
Current Estimated Value
$333,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,150
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Jan 24, 2018
Closed on
Sep 27, 2018
Sold by
Peifer Kenneth G
Bought by
Suiter Thomas D and Suiter Patricia M
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
List Price
$212,900
Sold Price
$185,000
Premium/Discount to List
-$27,900
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2016
Sold by
Merk Joseph H and Merk Janet S
Bought by
Peifer Kenneth C

Purchase Details

Closed on
Apr 17, 2001
Sold by
Ruth V Haughey I
Bought by
Merk Joseph H and Merk Janet S

Purchase Details

Closed on
Feb 1, 1980
Bought by
Peifer Kenneth C

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 Buyer Sale Price Title Company
Arrington Robert $285,000 Attorney
Suiter Thomas D $185,000 True Title Agencyn Inc
Peifer Kenneth C $125,000 True Title Agency Inc
Merk Joseph H $70,000 --
Peifer Kenneth C $21,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suiter Thomas D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $285,000 -3.4% --
11/19/2021 11/19/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $295,000 +59.5% --
09/27/2018 09/27/18 Sold $185,000 -13.1% --
08/30/2018 08/30/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $212,900 -- --
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 $3,108 $322,775 $300,972 $21,803
2023 $3,108 $315,784 $293,610 $22,174
2022 $2,736 $234,250 $211,708 $22,542
2021 $2,147 $156,969 $145,245 $11,724
2020 $2,100 $150,834 $139,110 $11,724
2019 $2,196 $161,059 $149,335 $11,724
2018 $2,541 $193,384 $185,634 $7,750
2017 $2,422 $183,159 $0 $0
2016 $2,034 $137,902 $0 $0
2015 $1,998 $127,772 $0 $0
2014 $2,160 $137,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598516

Florida Keys Board of REALTORS®

APN: 00188681-033800