701 Spanish Main Drive LOT 559, Cudjoe Key, FL 33042
New Listing
$869,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
864
Lot Size (sq. ft.):
2,045
Status:
Active
Current Price:
$869,000
List Date:
8/10/2026
Last Modified:
8/10/2026
Overview
Description
...
(Read more)
Welcome to your own slice of paradise in the Florida Keys! This beautifully renovated 2-bedroom, 2-bath waterfront (35' seawall dock) home is located in the highly desirable Venture Out Resort, one of the Keys' premier gated waterfront communities. Whether you're looking for a profitable rental, a seasonal getaway, or your forever island home, this property has the perfect combination of luxury, recreation, and exceptional investment potential. This home has an established rental history and consistently generates over $110,000 in annual gross rental income(rent rolls available), making it an outstanding turnkey investment. The home comes fully furnished and equipped, allowing the next owner to continue renting immediately or begin enjoying it from day one. The waterfront setting allows you to launch your boat, return to your own 35-foot dock, and spend your days enjoying everything the Keys is all about. The property also includes recreational equipment such as kayaks, bicycles, outdoor games, and a grill, creating an unforgettable experience for both owners and guests. Conveniently located in the lower keys on Cudjoe Key, the property is close to Key West with easy access to world-class restaurants, shopping, nightlife, fishing, diving, snorkeling, and endless boating opportunities. Marathon is also just a short drive away, placing you in the center of everything. Whether you're seeking a high-performing rental, a waterfront retirement retreat, or the perfect family vaca home, this property delivers on every level. Opportunities to own a fully renovated, income-producing waterfront home with proven rental performance in Venture Out are rare.
Listing Details MLS# 620930
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
- Unit #
- LOT 559
- City
- Cudjoe
- Mile Marker
- 23
- Marathon Neighborhood
- N/A
- Side
- Median
- Alternate Key #
- 1246239
- Parcel #
- 00188681056100
- Zoning
- URM - Urban Res Mobile Home District
- Deed Restrictions
- No
- Legal
- Lt 559 Venture Out At Cudjoe Cay, A Condo (Pb6-56) Or467-30Dec Or545-134 Or826-1825 Or1528-2256 Or1679-158 Or2186-1829 O
- Taxes
- 4316
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida Keys
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- Yes
- Control Depth
- 3
- Pool
- No
- Year Built
- 2001
- Lot SqFt
- 2045
- Acres
- 0.05
- Living Apx SqFt
- 864
- SqFt Source
- Seller
- Total Bedrooms
- 2
- Full Baths
- 2
- Total Baths
- 2
- Rentals Allowed
- Yes
Association Info
- Mandatory Home Owners Asc
- Yes
- 1st Right of Refusal
- No
- Association Fee $
- 1019
- Assoc/Mnt Fee Per
- Quarterly
Dockage
- Dock
- Other
More Information
Building Style
- Above Flood
- Yes
- Stories
- 2 Stories
Remarks & Misc
- Remarks – Consumer
- Welcome to your own slice of paradise in the Florida Keys! This beautifully renovated 2-bedroom, 2-bath waterfront (35' seawall dock) home is located in the highly desirable Venture Out Resort, one of the Keys' premier gated waterfront communities. Whether you're looking for a profitable rental, a seasonal getaway, or your forever island home, this property has the perfect combination of luxury, recreation, and exceptional investment potential. This home has an established rental history and consistently generates over $110,000 in annual gross rental income(rent rolls available), making it an outstanding turnkey investment. The home comes fully furnished and equipped, allowing the next owner to continue renting immediately or begin enjoying it from day one. The waterfront setting allows you to launch your boat, return to your own 35-foot dock, and spend your days enjoying everything the Keys is all about. The property also includes recreational equipment such as kayaks, bicycles, outdoor games, and a grill, creating an unforgettable experience for both owners and guests. Conveniently located in the lower keys on Cudjoe Key, the property is close to Key West with easy access to world-class restaurants, shopping, nightlife, fishing, diving, snorkeling, and endless boating opportunities. Marathon is also just a short drive away, placing you in the center of everything. Whether you're seeking a high-performing rental, a waterfront retirement retreat, or the perfect family vaca home, this property delivers on every level. Opportunities to own a fully renovated, income-producing waterfront home with proven rental performance in Venture Out are rare.
- Directions
- Drive west on US 1/Overseas Highway. Left to Spanish Main Drive. Left to Pelican Lane. Left to North Eagle Nest Drive. Turn right. Property is on the right.
Fee Includes
- Common Area Mnt
- Yes
- Security
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
- Ocean View
- Yes
- Open Water View
- Yes
Construction
- Manufactured
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Utilities
- Cable Available
- Yes
- Elect Separate Meter
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Water Separate Meter
- Yes
Property Features
Fee Includes:
Common Area Mnt; Security
Tax Exemptions:
None
Waterfront:
Canal Front
Waterview:
Canal View; Ocean View; Open Water View
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central
Utilities:
Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Appliances:
Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Construction:
Manufactured
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional; FHA; VA
Room Information
| Room Name | Length | Level | Width |
|---|---|---|---|
| Bedroom 1 | 12.00 | Second | 12.00 |
| Bedroom 2 | 4.00 | Second | 12.00 |
| Full Bathroom | 8.00 | Second | 10.00 |
| Full Bathroom | 8.00 | Second | 10.00 |
| Living Room | 20.00 | Second | 30.00 |
| Kitchen | 10.00 | Second | 10.00 |
Listing Office:
Beycome of Florida, LLC
Last Updated: August - 10 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
