701 Spanish Main Drive 123
Cudjoe Key, FL 33042
MLS# 621327
2 beds | 2 baths | 770 sqft
Property DescriptionYOUR FLORIDA KEYS ESCAPE AWAITS! Welcome to your own slice of paradise in the highly sought-after gated community of Venture Out on Cudjoe Key. This beautifully furnished 2-bedroom, 2-bath home combines water views, exceptional boating access, comfortable island living, and resort-style amenities just seconds from open water.
Situated on a wide 60' canal, boaters will love the 35' concrete dockage with dock posts, cleats, swim ladder, and fish-cleaning table--perfect for days spent fishing, diving, cruising, or exploring the Keys.
Inside, the bright and inviting living space opens onto a covered porch, creating the perfect place to relax after a day on the water. The home has been extensively updated, including a new kitchen in 2026, new flooring in 2022, A/C in 2020, and a new roof, siding, windows, doors, insulation, and hot water heater in 2019. A beautiful tongue-and-groove ceiling adds to the relaxed island feel. The primary suite features a king-size bed, ample storage, and private ensuite bath, while the guest bedroom offers a queen-size bed and access to the second full bath.
Venture Out offers an incredible resort lifestyle with a heated pool, hot tub, marina, fuel dock, boat ramps, tennis, pickleball, bocce, basketball, playground, recreation hall, pavilion, 24-hour gated security, and more.
Nightly rentals are permitted, and the home generated approximately $84,000 in gross rental revenue, providing an attractive added benefit when you're not enjoying it yourself. Seller financing may also be considered with acceptable terms. Beautifully furnished and ready to enjoy, this is your opportunity to experience the Florida Keys lifestyle from day one.
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $674,999
Listing Date: 2026-09-17
Off Shore Island: No
Mile Marker: 23
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Ocean
Flood Zone: AE
Alternate Key #: 1241881
Parcel #: 00188681012500
Zoning: URM - Urban Res Mobile Home District
Deed Restrictions: Yes
Legal: Lt 123 Venture Out At Cudjoe Cay A Condo Pb6-56 Or467-30 Or509-906 Or518-83 Or689-332 Or1509-1240 Or1509-1241 Or2895-249
Taxes: 4708.66
Tax Year: 2025
Pub Sewer HkUp: Yes
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)
Realtor.COM Type: Residential - Mobile/Manufactured Home
Waterfront: Yes
Control Depth: 3
Lot Size: 35x70
Lot Sqft Source: Property Data Card
Acres: 0.04
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Single Family
Year Built: 1992
Living Apx SqFt: 770
Total Bedrooms: 2
Full Baths: 2
Remarks – Consumer: YOUR FLORIDA KEYS ESCAPE AWAITS! Welcome to your own slice of paradise in the highly sought-after gated community of Venture Out on Cudjoe Key. This beautifully furnished 2-bedroom, 2-bath home combines water views, exceptional boating access, comfortable island living, and resort-style amenities just seconds from open water.
Situated on a wide 60' canal, boaters will love the 35' concrete dockage with dock posts, cleats, swim ladder, and fish-cleaning table--perfect for days spent fishing, diving, cruising, or exploring the Keys.
Inside, the bright and inviting living space opens onto a covered porch, creating the perfect place to relax after a day on the water. The home has been extensively updated, including a new kitchen in 2026, new flooring in 2022, A/C in 2020, and a new roof, siding, windows, doors, insulation, and hot water heater in 2019. A beautiful tongue-and-groove ceiling adds to the relaxed island feel. The primary suite features a king-size bed, ample storage, and private ensuite bath, while the guest bedroom offers a queen-size bed and access to the second full bath.
Venture Out offers an incredible resort lifestyle with a heated pool, hot tub, marina, fuel dock, boat ramps, tennis, pickleball, bocce, basketball, playground, recreation hall, pavilion, 24-hour gated security, and more.
Nightly rentals are permitted, and the home generated approximately $84,000 in gross rental revenue, providing an attractive added benefit when you're not enjoying it yourself. Seller financing may also be considered with acceptable terms. Beautifully furnished and ready to enjoy, this is your opportunity to experience the Florida Keys lifestyle from day one.
Directions: Take US 1 to Cudjoe Key, turn onto Spanish Main Dr. Venture Out is on the left.
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Condo Doc's: Yes
Association Fee $: 1560
Assoc/Mnt Fee Per: Quarterly
Transient Rntl Licns: Yes
Common Area Mnt: 1
Security: 1
Dock Length: 35
Dock: Concrete
Ceiling Fans(s): 1
Central Air: 1
Canal View: 1
Open Water View: 1
Bike Paths: 1
Clubhouse: 1
Community Boat Ramp: 1
Community Pool: 1
Fire Hydrant: 1
Handicap Facilities: 1
Manager on Premises: 1
Spa: 1
Tennis Courts: 1
Other Area Features: 1
Smoke Alarms: 1
Storage: 1
Above Flood: Unknown
Ground Level: 1
Single Hung Windows: 1
Sliding Glass Doors: 1
Car(s): 1
Guest Parking: 1
Vehicle Restrictions: 1
Off Street Parking: 1
Electric Gate: 1
Manned Gate: 1
FHA: 1
Seller Finance Psble: 1
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Fee Includes: Common Area Mnt; Security
Waterview: Canal View; Open Water View
Building Style: Ground Level
Vehicle Storage: Guest Parking; Off Street Parking; Trailer Storage; Vehicle Restrictions
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Smoke Alarms; Storage
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Pool Info: In Ground; Concrete
Construction: Manufactured
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; FHA; Seller Finance Psble; VA; Other Specify
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: September - 17 - 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.