701 Spanish Main Drive 423, Cudjoe Key, FL 33042

$276,400
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 316 Lot Size (sq. ft.): 2,078 Status: Active
Current Price: $276,400 List Date: 3/24/2026 Last Modified: 6/11/2026

Description

$21,000+ Gross Rental Revenue so far in 2026! Welcome to Conch Hideaway #423, a charming and income-producing tropical retreat located within the highly sought-after gated community of Venture Out in the Lower Florida Keys. This 1-bedroom, 1-bath island getaway offers the perfect blend of relaxed coastal living and strong investment potential. Currently operating as a successful vacation rental, the property has already generated over $21,000 in gross rental revenue for 2026, with approximately $17,000 in existing future reservations already secured as of June 5, 2026. Whether you're searching for a personal Florida Keys escape, a turnkey investment property, or both, this home is already producing income and ready to enjoy. Inside, you'll find a bright, coastal-inspired interior featuring an open-concept living space, Smart TV, and a pull-out sofa bed. The thoughtfully designed kitchen offers everything needed for easy vacation living, while the bedroom and full bathroom create a comfortable retreat after a day on the water. Step outside and relax in your outdoor space and enjoy the tropical breezes. A separate storage shed provides convenient space for fishing gear, bicycles, and beach essentials. Located at Mile Marker 23 on Cudjoe Key, Venture Out is a private, 24-hour gated oceanfront community known for its exceptional amenities and vibrant island atmosphere. Residents and guests enjoy access to a heated saltwater oceanfront pool and hot tub, boat ramp, fuel dock, ship store, tennis and pickleball courts, basketball and bocce courts, saltwater swimming lagoon, recreation center, market, post office, and golf cart-friendly streets throughout the community.

More Information MLS# 619175

Contract Information

Current Price: $276,400 Listing Date: 2026-03-24 Listing Board: Marathon/Lower Keys List Price: $276,400 As is Rght to Inspct: Yes 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: No Pool: Yes Year Built: 1980 Lot Size: 35'x 69' Lot SqFt: 2078 Lot Sqft Source: Property Data Card Acres: 0.05 Living Apx SqFt: 316 SqFt Source: Property Data Card Total Bedrooms: 1 Full Baths: 1 Total Baths: 1 Rentals Allowed: Yes Min Rental Days: 1

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes Condo Doc's: Yes 1st Right of Refusal: No Assoc Approval Req: No Association Fee $: 1560.25 Assoc/Mnt Fee Per: Quarterly

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 1

Pool Info

Heated: Yes Other Surroundings: Oceanfront

Pets

Pets w/Restrictions: 2 Pets Max.

Property Features

Fee Includes: Common Area Mnt; Security; Other Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: Boat Ramp Building Style: Single Wide Furnished: Furnished Cooling: Wall/Window Unit(s) Heating: None Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Drapes/Blinds Incl; Storage Appliances: Microwave; Range; Refrigerator Exterior Features: Storage Pool Info: In Ground; Salt Water; Concrete; Decked Construction: Manufactured Floor: Tile Roof: Other Roof Pets: Pets Allowed Security: Electric Gate; Manned Gate; Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Other Specify
Listing Office: Bluescape Real Estate
Last Updated: June - 11 - 2026
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