701 Spanish Main Drive 659, Cudjoe Key, FL 33042

$487,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 864 Lot Size (sq. ft.): 1,988 Status: Active
Current Price: $487,000 List Date: 6/04/2026 Last Modified: 6/05/2026

Description

Seller is Motivated! Coastal Charm Meets Modern Comfort Welcome to your island escape in the heart of the Lower Keys! This beautifully furnished two-bedroom, two-bath stilt home is located within the gated waterfront community of Venture Out on Cudjoe Key. Inside, you'll find a bright, open-concept layout featuring a spacious living area that flows seamlessly into a thoughtfully designed kitchen. Recent updates include a brand-new refrigerator, ample cabinetry, and a modern island bar with additional seating, perfect for entertaining family and friends. Built with both comfort and durability in mind, the home features a reliable metal roof and a large ground-level storage enclosure for all your island essentials. Step outside to your private backyard retreat, complete with low-maintenance artificial turf and a cozy seating area, ideal for enjoying the Florida Keys sunshine. This property is a proven income-producing vacation rental with strong rental history and future bookings already in place. In 2025, the home generated $43,257.28 in rental revenue. As of June 2, 2026, it has already produced $18,472.78 year-to-date, with 8 future reservations estimated to generate an additional $13,092.57 in rental income that will transfer to the buyer. Conveniently located near the front gate of the community, this home offers easy access for pet owners, with a quick path for walking dogs just outside the neighborhood. You're also within walking distance of Venture Out's outstanding amenities, including a heated saltwater waterfront pool, swimming lagoon, private boat ramp, tennis courts, pickleball courts, bocce courts, basketball courts, marina store, community center, and more. Whether you're seeking a personal island retreat, a seasonal getaway, or an investment property with immediate income potential, this home offers the perfect combination of comfort, convenience, and Florida Keys charm.

More Information MLS# 620156

Contract Information

Current Price: $487,000 Listing Date: 2026-06-03 Listing Board: Marathon/Lower Keys List Price: $487,000 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: 1999 Total Units: 1 Lot Size: 33'x53'x25'x60' Lot SqFt: 1988 Lot Sqft Source: Property Data Card Acres: 0.05 Living Apx SqFt: 864 SqFt Source: Property Data Card Total Bedrooms: 2 Full Baths: 2 Total Baths: 2 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 Stilt Column Height: Medium - 5Ft - 9Ft

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: Ocean View Dockage: Boat Ramp; None Building Style: Double Wide Vehicle Storage: Covered Parking; Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Drapes/Blinds Incl; Pantry; Smoke Alarms Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Lighting; Rain Gutters; Storage; Tennis Court(s) Pool Info: In Ground; Salt Water; Concrete; Decked Construction: Manufactured Shutters: Bahama; Clam Shell; Panel Floor: Tile; Vinyl Roof: Metal Roof Pets: Pets Allowed 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; Conventional
Listing Office: Bluescape Real Estate
Last Updated: June - 05 - 2026
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