701 Spanish Main Drive 390, Cudjoe Key, FL 33042

$650,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 828 Lot Size (sq. ft.): 2,078 Status: Closed
Current Price: $650,000 List Date: 6/04/2025 Last Modified: 6/30/2025

Description

Turnkey Waterfront Vacation Rental with Ocean Views in Venture Out. Welcome to your Florida Keys escape—a fully furnished, income-producing 2-bedroom, 2-bath home ideally positioned on a wide canal with stunning ocean views and 35 feet of concrete seawall dockage. Located in the vibrant, gated community of Venture Out on Cudjoe Key, this well-maintained property is not just a serene coastal retreat—it's also a lucrative short-term rental opportunity with bookings already in place for immediate income. Step inside to find an open-concept layout filled with natural light. The main living space offers water views and flows seamlessly into a fully equipped kitchen with stainless steel appliances, bar seating, and an adjacent dining area that overlooks the canal. Both bedrooms are comfortably appointed and the primary suite includes an en-suite bathroom with a stand-up shower. An additional full bath and in-unit washer/dryer provide everyday convenience for guests and owners alike. Boating enthusiasts will appreciate the 35' seawall with dock posts, cleats, and swim ladder—perfect for vessels up to 32'. Under the home, a dedicated angler's station features a commercial-grade 100 lb. ice maker, deep freezer/bait freezer, and beverage fridge. Additional perks include two kayaks, two bicycles, and a BBQ grill, creating an inviting outdoor oasis for relaxing or entertaining. The home has been updated with a new roof in 2021. With rentals already generating consistent revenue, this is a rare opportunity to own a turnkey piece of paradise. Community Highlights: 24-hour gated security, 80' heated pool & Jacuzzi, saltwater swimming lagoon, kiddie pool, tennis, pickleball, bocce, basketball courts, onsite ship store with fuel station, boat ramp, boat wash down, laundry, post office, and more. Just 20 miles from Key West and minutes from world-class fishing and dining, this home is perfectly suited as a vacation getaway, full-time residence, or profitable rental investment.

More Information MLS# 615323

Contract Information

Current Price: $650,000 Listing Date: 2025-06-04 Listing Board: Marathon/Lower Keys Sold Price: $650,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes

Location Tax Legal

Street #: 701 Street Name: Spanish Main Street Suffix: Drive Key/Island: Cudjoe Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Venture Out (23.0) Area: 07 - Cudjoe Key

General Property Description

Realtor.COM Type: Residential - Mobile/Manufactured Home Style: Mobile Home Waterfront: Yes Control Depth: 3 Pool: Yes Year Built: 2002 Total Units: 1 Lot Size: 35 x 69 Lot SqFt: 2078 Lot Sqft Source: Property Data Card Acres: 0.05 Living Apx SqFt: 828 SqFt Source: Property Data Card Total Bedrooms: 2 Full Baths: 2 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 1

Status Change Info

Sold Date: 2025-06-30 Sold Price: $650,000 Sold Comments: Portfolio Loan Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: No Association Fee $: 1540.34 Assoc/Mnt Fee Per: Quarterly

Dockage

Dock Length: 35 Dock: Concrete Seawall: Concrete

Building Style

Above Flood: Unknown Stilt Column Height: Short - 4Ft & Under

Vehicle Storage

Car(s): 1

Pool Info

Heated: Yes

Pets

Pets w/Restrictions: 2 pets maximum

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No

Property Features

Fee Includes: Common Area Mnt; Security; Other Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Open Water View Dockage: Boat Ramp Building Style: Double Wide Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Smoke Alarms; Window Treatments Appliances: Dishwasher; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Washer; Wine Cooler Exterior Features: Hot Tub; Lighting; Rain Gutters; Storage; Tennis Court(s) Pool Info: In Ground; Salt Water; Concrete; Decked Construction: Manufactured Shutters: Panel Floor: Tile Roof: Metal Roof Neighborhood Feature: Bike Paths; Clubhouse; Community Boat Ramp; Community Pool; Fire Hydrant; Handicap Facilities; Manager on Premises; Spa; Tennis Courts; Other Area Features Security: Electric Gate; Manned Gate; Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; No Seller Finance; Other Specify
Listing Office: Bluescape Real Estate
Last Updated: June - 30 - 2025
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