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701 Spanish Main Drive , #602

Cudjoe Key, FL 33042
  • $580,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 607790
UPDATED: 172 min ago
$580,000
  • 2
    BEDS
  • 0.05
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 667
    SQFT
  • $870
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1988
County:

School Ratings & Info

Description

TURN-KEY property - an ideal investment or personal retreat, or both! Discover this sought-after waterfront gem priced below $600,000, located in the desirable community of Venture Out on Cudjoe Key in the Lower Florida Keys. This 2-bedroom, 1-bathroom vacation home is nestled within a private residential condominium community, offering 24-hour gated security and patrols.This nicely decorated home comes fully furnished with everything you need and is currently used as both a beloved second home and a vacation rental. You can easily get in through the side door entrance, which has a ramp, and there's lots of storage underneath and under the porch. The guest bedroom has two twin beds, a TV, a closet, and a stacked washer/dryer. In the master bedroom, you'll find a queen-size bed, TV, closet, and a full bathroom.Also, there's a 35' concrete dock with 5 sturdy posts, a fish cleaning table, cleats, and a swim ladder for quick access to the open water.Residents can enjoy in a multitude of amenities, such as a heated pool, hot tub, marina with a ship store, fuel dock, two boat ramps, fish cleaning and water rinse-down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground, rec hall, and pavilion. With no age restrictions and the allowance for two pets, this home is also eligible for transient rentals.Review the attached documents, including a spreadsheet with rental projections, to gain insight into the unit's potential. Currently, there are 33 days booked for 2024, with an average nightly rate of $316.00. The owner has primarily managed it for personal use rather than as a strict investment.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestluxuryrealestateinc.com/homes/146037926
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701 Spanish Main Drive , #602 Cudjoe Key, FL 33042

  • Price: $580,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 172 min ago
  • MLS #: 607790
2
Beds
1
Baths
0
½ Baths
0.05
Acres
667
SQFT
$870
$/SQFT
1988
Built
Neighborhood:
Venture Out (23.0)
County:
Monroe
Area:
07 - Cudjoe Key
Property Description
TURN-KEY property - an ideal investment or personal retreat, or both! Discover this sought-after waterfront gem priced below $600,000, located in the desirable community of Venture Out on Cudjoe Key in the Lower Florida Keys. This 2-bedroom, 1-bathroom vacation home is nestled within a private residential condominium community, offering 24-hour gated security and patrols.This nicely decorated home comes fully furnished with everything you need and is currently used as both a beloved second home and a vacation rental. You can easily get in through the side door entrance, which has a ramp, and there's lots of storage underneath and under the porch. The guest bedroom has two twin beds, a TV, a closet, and a stacked washer/dryer. In the master bedroom, you'll find a queen-size bed, TV, closet, and a full bathroom.Also, there's a 35' concrete dock with 5 sturdy posts, a fish cleaning table, cleats, and a swim ladder for quick access to the open water.Residents can enjoy in a multitude of amenities, such as a heated pool, hot tub, marina with a ship store, fuel dock, two boat ramps, fish cleaning and water rinse-down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground, rec hall, and pavilion. With no age restrictions and the allowance for two pets, this home is also eligible for transient rentals.Review the attached documents, including a spreadsheet with rental projections, to gain insight into the unit's potential. Currently, there are 33 days booked for 2024, with an average nightly rate of $316.00. The owner has primarily managed it for personal use rather than as a strict investment.
Exterior Features

Above Flood Unknown Building Style Single Wide w/Add'n Construction Manufactured Dock Length 35 Dockage Dock Concrete Dockage Seawall Concrete Land Size Less Than 1/4 Acre Lot Size 35 x 70 Pool Info ConcreteIn Ground Pool Info Heated Yes Pool Info Other Material YES Pool YN Yes Porch Balcony Deck Shutters Panel Side Ocean Style Mobile Home Vehicle Storage Off Street ParkingTrailer StorageVehicle Restrictions Vehicle Storage Cars 1 Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Interior Features

Appliances DishwasherWasherRefrigeratorRangeOvenMicrowaveDryer Cooling Heating Ceiling Fans(s)Central Air Floor Laminate Furnished Furnished Interior Features Drapes/Blinds InclWindow TreatmentsSmoke AlarmsStorage Pre Wired Cable Windows Doors Awning WindowsSingle Hung WindowsSliding Glass Doors

Property Features

Assoc Fee 902.26 Assoc Hoa YN Yes Assoc Maint Fee Per Quarterly Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Cudjoe Condition Updated/Remodeled Control Depth 3 Deed Restrictions Unknown Fee Includes Common Area MntOtherSecurity Flood Zone AE Handicap Access Yes Listing Board Key West Association Mile Marker 23.00 Min Rental Days 1.00 Neighborhood Features BeachFire HydrantOther Area FeaturesManager on PremisesHandicap FacilitiesClubhouseCommunity PoolCommunity DockageCommunity Boat Ramp Off Shore Island No Pets With Restrictions 2 pets allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 4594.83 Terms CashVAConventionalFHA Transient License Yes Utilities Cable AvailableWater Separate MeterElect Separate MeterMunicipal SewerFKAA Zoning URML-L - Urban Res Mobile Home Limited Dist

Listing courtesy of Kathryn Baldwin of Berkshire Hathaway Knight & Gardner: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Key West Luxury Real Estate Inc
619 Eaton Street, #2
Key West FL, 33040