21540-2154 Overseas Highway, Cudjoe Key, FL 33042

$1,525,000
Property Type: Residential Bedrooms: 10 Baths: 7.1 Square Footage: 2,634 Lot Size (sq. ft.): 46,400 Status: Closed
Current Price: $1,525,000 List Date: 12/02/2014 Last Modified: 8/30/2024

Description

Oceanfront transient use. Over one acre of property between US Hwy 1 and open water. Private street with plenty of parking for each unit. Pool, joint use laundry. Two concrete docks and one wood dock. Great open water views. Purchase and continue ongoing concern or perfect for redevelopment with seven (7) ROGO exemptions. Live in the single family home and retire in comfort. Total of 4 parcels

Supplements: Tucker's Cottages – Income-producing 1-Acre oceanfront compound of 4 buildings totaling 7 residences, all with transient rental licenses. As you drive down US-1 you will come upon Tucker's Cottages which offers excellent highway exposure at Mile Marker 21. Turn off the highway onto your private road leading you past the cottages and owner's house to the sea. The first cottage, a triplex, offers a 1 Bedroom and a large 2 Bedroom residence plus an unfinished space that can be converted to a 1 or 2 Bedroom unit. Continuing down the road is the duplex offering 2 immaculate 1 Bedroom rentals. Next is the owner's house, an elevated 3 Bedroom concrete home built in 1999, featuring 9' ceilings and expansive ocean views. A charming 1 Bedroom stand-alone cottage sits at ocean's edge. Centering the property is the large newly built lap pool where guests can relax and enjoy the sun. Plenty of room for multiple boats, kayaks & paddleboards with a large protected boat basin and additional oceanfront dockage. Nightly & weekly rentals allowed for maximum income potential.

More Information MLS# 562200

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $1,525,000 Listing Date: 2013-09-25 Sold Price: $1,525,000

Location, Tax & Legal

City: Cudjoe Off Shore Island: No Mile Marker: 21 Side: Ocean Flood Zone: VE & AE Alternate Key #: 1226955 Parcel #: 00174890-000000 Zoning: SR - Sub Urban Residential District Deed Restrictions: Unknown Legal: SACARMA CUDJOE KEY S 250 FT LOT 24 PB2-48 OR44-496-497 OR781-209 OR1089-1373 OR1194-1162 OR1463-118 Taxes: 3825.27 Tax Year: 2012 Pub Sewer HkUp: No Street #: 21540-2154 Street Name: Overseas Street Suffix: Highway Key/Island: Cudjoe Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Sacarma (21.0) Area: 07 - Cudjoe Key

General Property Description

Realtor.COM Type: Multi-family Waterfront: Yes Control Depth: 3 Lot Size: 100 x 450 approximately Lot SqFt: 46400 Pool: Yes Total Units: 7 Acres: 1.07 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 1 Style: Multi-Units Year Built: 1958 Living Apx SqFt: 2634 Total Bedrooms: 10 Full Baths: 7 Half Baths: 1 Total Baths: 7.1

Remarks & Misc

Remarks – Consumer: Oceanfront transient use. Over one acre of property between US Hwy 1 and open water. Private street with plenty of parking for each unit. Pool, joint use laundry. Two concrete docks and one wood dock. Great open water views. Purchase and continue ongoing concern or perfect for redevelopment with seven (7) ROGO exemptions. Live in the single family home and retire in comfort. Total of 4 parcels Directions: US1 to Cudjoe, turn south onto private road entering property.

Association Info

Mandatory Home Owners Asc: No

Fee Includes

None: 1

Dockage

Dock: Concrete Basin: 1 Boat Slip: 1 Other Dockage: 1

Tax Exemptions

Homestead: 1 None: 1

Appliances

Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Ductless: 1 Heat Pump: 1 Wall/Window Unit(s): 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Tile: 1

Interior Features

Drapes/Blinds Incl: 1 Sky Light(s): 1 Split Bedroom: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: No Stilt Column Height: Medium - 5Ft - 9Ft Stories: 1 Story

Windows/Doors

Aluminum Windows: 1 Single Hung Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Carport: 1

Construction

CBS: 1 Frame: 1

Land Size

1 Less Than 2 Acres: 1

Furnished

Negotiable: 1

Terms

Buyer Obtain Finance: 1

Utilities

FKAA: 1 Septic Tank: 1

Porch/Balcony

Patio: 1 Screened P/B: 1

Title

Negotiable: 1

Exterior Features

Detached Guest Qtrs: 1 Shed: 1

Pool Info

In Ground: 1

Roof

Metal Roof: 1 Shingle Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Panel: 1 Other: 1

Status Change Info

Sold Date: 2015-09-17 Sold Price: $1,525,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: Homestead; None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Basin; Boat Slip; Other Dockage Vehicle Storage: Carport Furnished: Negotiable Cooling: Ceiling Fans(s); Ductless; Heat Pump; Wall/Window Unit(s) Utilities: FKAA; Septic Tank Interior Features: Drapes/Blinds Incl; Sky Light(s); Split Bedroom Specialty Rooms: Laundry Room Appliances: Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Detached Guest Qtrs; Shed Pool Info: In Ground Construction: CBS; Frame Shutters: Panel; Other Floor: Tile Roof: Metal Roof; Shingle Roof Pets: Pets Allowed Land Size: 1 Less Than 2 Acres Terms: Buyer Obtain Finance Title: Negotiable
Listing Office: Coldwell Banker Schmitt Lower Keys (KW)
Last Updated: August - 30 - 2024
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