$1,549,000
88540 Overseas Highway, 701
Plantation Key, FL 33070
MLS# 607602
2 beds  |  3 baths  |  1298 sqft


88540 Overseas Highway, 701, Plantation Key, FL 33070
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Property Description
END UNIT - MAGNIFICENT WATER VIEWS ON 3 SIDES INCLUDING OPEN BAY VIEWS. ONLY UNIT WITH THESE VIEWS IN ENTIRE COMPLEX. Additional land on side included in legal description. DEEDED BOAT SLIP #2 included. Easy access to ocean through Snake Creek. Boat slips may have lifts installed. Unit has had many updates over the years including newer kitchen, half bath, master bath, furnishings and window coverings. Hurricane windows throughout. Futura Yacht Club is a gated complex that offers on site boat ramp, boat trailer storage, pool, clubhouse, beach, tennis, and basketball. 7 day rentals. Pets allowed - 2 any size. Perfect property for investment, permanent or vacation home. PLEASE NOTE: This has been a vacation rental property and there are existing rentals periodically through 7/27/24. Owner requests that buyer honor rentals through 3/30/2024 as a courtesy to the winter renters. Rent proceeds will go to buyer. This is a 1031 Tax Exchange Sale. 1031 Tax Exchange addendum is required.

Details
Contract Information
Current Price: $1,549,000
Listing Date: 2023-11-28
Listing Board: Florida Keys
List Price: $1,549,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 88540
Street Name: Overseas
Street Suffix: Highway
Unit #: 701
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33070
County: Monroe
Subdivision: Futura Yacht Club (88.5)
Mile Marker: 88.5
Area: 25 - Plantation Key
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,VE,AE,0.2 PCT ANN
Alternate Key #: 8574461
Add'l Parcel #1: 00417440-000102
Parcel #: 00417441-000100
Zoning: MF - Multi-Family Attached
Deed Restrictions: Yes
Legal: PARCEL 1 A/K/A TOWNHOUSE 101 FUTURA YACHT CLUB PHASE 1 (A PART OF TR C VACATION VILLAGE PB4-101) OR765-488/07 OR819-204
Taxes: 7026.81
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 3
Unit/Complex: Unit
Pool: Yes
Year Built: 1985
Living Apx SqFt: 1298
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: END UNIT - MAGNIFICENT WATER VIEWS ON 3 SIDES INCLUDING OPEN BAY VIEWS. ONLY UNIT WITH THESE VIEWS IN ENTIRE COMPLEX. Additional land on side included in legal description. DEEDED BOAT SLIP #2 included. Easy access to ocean through Snake Creek. Boat slips may have lifts installed. Unit has had many updates over the years including newer kitchen, half bath, master bath, furnishings and window coverings. Hurricane windows throughout. Futura Yacht Club is a gated complex that offers on site boat ramp, boat trailer storage, pool, clubhouse, beach, tennis, and basketball. 7 day rentals. Pets allowed - 2 any size. Perfect property for investment, permanent or vacation home. PLEASE NOTE: This has been a vacation rental property and there are existing rentals periodically through 7/27/24. Owner requests that buyer honor rentals through 3/30/2024 as a courtesy to the winter renters. Rent proceeds will go to buyer. This is a 1031 Tax Exchange Sale. 1031 Tax Exchange addendum is required.
Directions: MM 88.5 bayside. Showing instructions: Park on grassy area north of entrance. I will meet you there for entrance to the complex and the townhouse.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Assoc Approval Req: Yes
Association Fee $: 618
Assoc/Mnt Fee Per: Monthly
License Info
Transient Rntl Licns: Yes
Dockage
Dock Length: 39
Dock: Concrete
Building Style
Above Flood: Unknown
Vehicle Storage
Car(s): 2
Pets
Pets w/Restrictions: 2 pets any sizie
Financial Status
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Harbor/Marina View; Open Water View
Dockage: Boat Slip
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Carport; Attached; Covered Parking; Guest Parking; Open Parking; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Heat Pump; Wall/Window Unit(s)
Porch/Balcony: Open Porch/Balcony
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Pull Down Stairs; Smoke Alarms; Storage; Window Treatments
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Storage
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Clubhouse; Community Boat Ramp; Community Pool; Manager on Premises; Tennis Courts; Other Area Features
Security: Electric Gate
Land Size: 5 Less Than 10 Acres
Terms: Cash; Conventional
Title: Title Ins - Buyer

Listing Office: Realty One Group Engage the Keys

Last Updated: February - 19 - 2024


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