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$799,000
Cudjoe Key, FL 33042
MLS# 621307
2 beds | 2 baths | 828 sqft
1 / 56
Property Description
TURNKEY FLORIDA KEYS INVESTMENT! This 2BD/2BA waterfront retreat generated approximately $100,000 in gross rental revenue in 2025 and offers the perfect combination of proven income potential, 35' dockage, and stunning open-water views. Located in the gated waterfront community of Venture Out on Cudjoe Key, this elevated Palm Harbor home is made for the Keys lifestyle. Boaters will love the 35' concrete seawall equipped with heavy-duty dock posts, cleats, swim ladder, and 2 fish-cleaning tables. Inside, soaring ceilings, abundant natural light, and expansive windows showcase beautiful water views, while the east-facing covered porch creates the perfect spot for morning coffee and sunset cocktails. The primary suite offers a king bed and ensuite bath, while the guest bedroom features a queen bed and access to a private covered porch. Below, enjoy covered parking, generous outdoor living space, and a 12'x12' concrete storage enclosure for all your boating and island gear. Venture Out offers resort-style amenities including a heated pool, hot tub, marina, fuel dock, boat ramps, pickleball, tennis, bocce, basketball, playground, recreation hall, pavilion, 24-hour gated security, and more. Nightly rentals permitted and sold turnkey, an exceptional opportunity for an income-producing vacation rental, second home, or personal Keys escape!
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $799,000
Listing Date: 2026-09-15
List Price: $799,000
Location, Tax & Legal
Unit #: 171
City: Cudjoe
Off Shore Island: No
Mile Marker: 23
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1242365
Parcel #: 00188681017300
Zoning: URM - Urban Res Mobile Home District
Deed Restrictions: Yes
Legal: Lt 171 Venture Out At Cudjoe Cay A Condo Pb6-56 Or467-30Dec Or509-906 Or518-83 Or655-851 Or976-708 Or1123-385 Or1377-601
Taxes: 5936.59
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)
Area: 07 - Cudjoe Key
General Property Description
Realtor.COM Type: Residential - Mobile/Manufactured Home
Waterfront: Yes
Control Depth: 3
Lot Size: 35X70
Lot SqFt: 2078
Pool: Yes
Lot Sqft Source: Property Data Card
Acres: 0.04
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 1
Style: Single Family
Year Built: 2003
Living Apx SqFt: 828
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: TURNKEY FLORIDA KEYS INVESTMENT! This 2BD/2BA waterfront retreat generated approximately $100,000 in gross rental revenue in 2025 and offers the perfect combination of proven income potential, 35' dockage, and stunning open-water views.
Located in the gated waterfront community of Venture Out on Cudjoe Key, this elevated Palm Harbor home is made for the Keys lifestyle. Boaters will love the 35' concrete seawall equipped with heavy-duty dock posts, cleats, swim ladder, and 2 fish-cleaning tables. Inside, soaring ceilings, abundant natural light, and expansive windows showcase beautiful water views, while the east-facing covered porch creates the perfect spot for morning coffee and sunset cocktails.
The primary suite offers a king bed and ensuite bath, while the guest bedroom features a queen bed and access to a private covered porch. Below, enjoy covered parking, generous outdoor living space, and a 12'x12' concrete storage enclosure for all your boating and island gear.
Venture Out offers resort-style amenities including a heated pool, hot tub, marina, fuel dock, boat ramps, pickleball, tennis, bocce, basketball, playground, recreation hall, pavilion, 24-hour gated security, and more. Nightly rentals permitted and sold turnkey, an exceptional opportunity for an income-producing vacation rental, second home, or personal Keys escape!
Directions: Take US 1 to Cudjoe Key. Turn onto Spanish Main Drive, Venture Out will be on your left.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Condo Doc's: Yes
Association Fee $: 848
Assoc/Mnt Fee Per: Quarterly
License Info
Transient Rntl Licns: Yes
Fee Includes
Common Area Mnt: 1
Security: 1
Dockage
Dock Length: 35
Dock: Concrete
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets w/Restrictions: 2
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heat Pump: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Harbor/Marina View: 1
Open Water View: 1
Floor
Tile: 1
Neighborhood Feature
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
Building Style
Above Flood: Unknown
Stilt Column Height: Tall - 10Ft & Over
Windows/Doors
Single Hung Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 1
Covered Parking: 1
Vehicle Restrictions: 1
Off Street Parking: 1
Trailer Storage: 1
Security
Electric Gate: 1
Manned Gate: 1
Patrolled Area: 1
Construction
Manufactured: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Other Specify: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Title
Negotiable: 1
Exterior Features
Storage: 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Shutters
Accordion: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Harbor/Marina View; Open Water View
Vehicle Storage: Covered Parking; Off Street Parking; Trailer Storage; Vehicle Restrictions
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Storage
Pool Info: In Ground; Concrete
Construction: Manufactured
Shutters: Accordion
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; Conventional; FHA; VA; Other Specify
Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: September - 16 - 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.