701 Spanish Main Drive, Unit 594

Summerland Key, FL 33042

$649,000
Last Sold Price
2
Beds
2
Baths
805 Sq. Ft.
$806 / Sq. Ft.
805
Sq. Ft.
$806
per Sq. Ft.

Description

TIDEWATER VIEWS is a cozy 820 square foot cottage that has already proven to be a successful vacation rental income property, with 2021 year-to-date gross income of $80,000 as of October 3. Total projected gross income for 2021 is $85,000. Future bookings are over $30,000. This home is being offered fully furnished and has everything you want in the perfect turnkey tropical vacation home: open water views from a covered porch, a private 35-foot boat slip, paddle board, kayaks, four bikes and access...TIDEWATER VIEWS is a cozy 820 square foot cottage that has already proven to be a successful vacation rental income property, with 2021 year-to-date gross income of $80,000 as of October 3. Total projected gross income for 2021 is $85,000. Future bookings are over $30,000. This home is being offered fully furnished and has everything you want in the perfect turnkey tropical vacation home: open water views from a covered porch, a private 35-foot boat slip, paddle board, kayaks, four bikes and access to the wonderful amenities at Venture Out, a residential community with a heated 80-foot pool with large Jacuzzi and Kiddie Pool, tennis courts, basketball court, bocce courts, swimming lagoon, marina and convenience market with fuel on site and two double wide boat ramps, Recreation Center with billiards, darts, and ping pong, post office and a library. The Venture Out Resort also has 24 Hour Patrolled Security. TIDEWATER VIEWS has been recently remodeled to a high standard, with Smart TV's included in every room. You'll enjoy all of the amenities you would expect back home: Dishwasher, Washer/Dryer, Microwave, Range, Refrigerator, Blender and other small appliances. This home accommodates up to 6 people in 2 bedrooms with queen beds and a queen sized sleep sofa with Tempurpedic mattress. You'll be able to bring your boat to dock on the 35' concrete seawall equipped with dock posts, cleats, fish cleaning table & swim ladder. Owners are Florida licensed Realtors.
  1. Listed by Christopher B Santry • Last Key Realty, Inc (KW)

Property Details for 701 Spanish Main Drive, Unit 594

Waterfront
Canal Front
Waterfront
Yes
Zoning
URML-L - Urban Res Mobile Home Limited Dist
Subdivision
Venture Out (23.0)
Building Style
Double Wide
Vehicle Storage
Off Street Parking

Location

Listing Courtesy of Last Key Realty, Inc (KW)

Sold By Coastal Collection Real Estate Inc.

Add your commute
LISTING UPDATED: 09/25/2023 02:26 PM

Property Details for 701 Spanish Main Drive, Unit 594

StatusClosed
MLS #597478
Days on Market118
Taxes$3,057 / year
HOA Fees$848 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Mobile Home
Year Built1999
Lot Size0.05 AC / 2,078 SF
CountyMonroe County

Location

Listing Courtesy of Last Key Realty, Inc (KW)

Sold By Coastal Collection Real Estate Inc.

Add your commute

Building Information for 701 Spanish Main Drive, Unit 594

Stories1Year Built1999Building Size-Lot Size0.05 AC / 2,078 SF

Payment Calculator

$4,079 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,542

Property Taxes

$255

HOA Dues

$283

The Payment Calculator is for illustrative purposes only.

Property Information for 701 Spanish Main Drive, Unit 594

Summary
Location and General Information
  • Waterview: Bay/Gulf View, Canal View
  • Area: 07 - Cudjoe Key
  • Absolute Longitude: 81.472675
  • Control Depth: 3
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 23.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Beach, Bike Paths, Clubhouse, Community Boat Ramp, Community Pool, Fire Hydrant, Spa, Tennis Courts
  • Key/Island: Cudjoe Key
Owner
  • Owner Name: Venture Out 594 Llc
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: Voluntary Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Association Info: Assoc Approval Req: No
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: Common Area Mnt, Other, Security
  • Furnished: Furnished
  • Tax Year: 2020
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 35' x 69'
  • Acres: 0.05
  • Parcel #: 00188681-059600
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: LT 594 VENTURE OUT CUDJOE KEY PB6-56 OR509-906 OR518-83/85 OR653-267 OR795-2298 OR847-964/65 OR940-1681 OR1439-2378D/C O
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: VE,AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 38
  • Document Count: 0
  • Building Style: Above Flood: No
  • Property Condition: Updated/Remodeled
  • Security: Electric Gate, Manned Gate, Patrolled Area
  • Title: Title Ins - Buyer
Utilities
  • Utilities: Cable Available, FKAA, Municipal Sewer, Water Separate Meter
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: Concrete, In Ground
  • Porch/Balcony: Deck, Open Porch/Balcony, Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Built-in Cabinets, Drapes/Blinds Incl, Quartz Countertops, Window Treatments
  • Pre-Wired: Cable
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s)
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Dockage: Dock: Concrete
  • Dockage: Seawall: Concrete
  • Construction: Manufactured
  • Dockage: Boat Slip, Davit Pads
  • Windows/Doors: Aluminum Windows, Glass Doors, Sliding Glass Doors

Property History for 701 Spanish Main Drive, Unit 594

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 701 Spanish Main Drive, Unit 594

Taxable ValueLand$220,630Additions$76,980Total$297,610
Tax Record2021$3,127 ($261 / month)
Home Facts
Baths2Total Finished SqFt805 SqFtAbove Grade Finished SqFt805 SqFtStories1Lot Size2,078 SqFtStyleMobile / Manufactured HomeYear Built1999Year Renovated2008CountyMONROEAPN00188681-059600

Schools near 701 Spanish Main Drive, Unit 594

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Charter - PK to 5
Charter - K to 8
Rating
School
Distance
Sugarloaf School
PublicPK to 8

Big Pine Academy
CharterPK to 5

Sigsbee Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Last Key Realty, Inc (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.