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$982,600
701 Spanish Main Drive 198
Cudjoe Key, FL 33042
MLS# 621115
2 beds  |  2 baths  |  864 sqft


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Property Description
Welcome to Oceanview Serenity, an exceptional, open-water retreat located in the gated community of Venture Out at Cudjoe Key (Mile Marker 23). This completely renovated 2-bedroom, 2-bathroom mid-rise offers rare, unobstructed turquoise ocean views as if you are floating on the water. A true boater's paradise, the property boasts a massive concrete seawall with effortless deep-water access. Critical structural and exterior updates provide unmatched peace of mind and substantial insurance benefits, including a brand-new roof, newly installed heavy-duty tie-down straps, and freshly refurbished, protected under-house support beams. Go inside to a bright, turnkey coastal interior where every detail has been thoughtfully updated, complete with a smart Nest thermostat for effortless climate control and energy efficiency. The main living space is framed by expansive windows that showcase panoramic water views. The heart of the home is a fully upgraded kitchen outfitted w/new appliances, and an oversized central island featuring generous built-in storage and a breakfast bar. The spacious primary suite serves as a luxurious private haven, highlighted by an upgraded ensuite bathroom complete with a double vanity and abundant storage. Outside, the covered deck offers the ultimate vantage point to relax in the ocean breeze and take in breathtaking Florida Keys sunrises over the water. Offered fully furnished and tastefully appointed, this home is 100% move-in ready to enjoy as a primary residence, private tropical getaway, or income-producing investment as a nightly rental. Venture Out is one of the rare communities in the Lower Keys that permits lucrative nightly rentals. Enjoy an incredible lineup of resort-style amenities, featuring a massive oceanfront saltwater swimming pool, an on-site marina store with a fuel dock, boat ramps, lighted tennis and pickleball courts, basketball, bocce, a vibrant recreation hall, and 24/7 gated security.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $982,600
Listing Date: 2026-08-25
List Price: $982,600
Location, Tax & Legal
Unit #: 198
City: Cudjoe
Mile Marker: 23
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE
Alternate Key #: 00188681020000
Parcel #: 00188681020000
Zoning: URML-L - Urban Res Mobile Home Limited Dist
Deed Restrictions: No
Legal: LT 198 LESS WLY 1.4FT VENTURE OUT AT CUDJOE CAY, A CONDO (PB6-56) OR467-30DEC OR509-906 OR518-83 OR706-481 OR815-2060 OR
Taxes: 4379
Tax Year: 2025
Pub Sewer HkUp: No
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 - Single Family
Waterfront: Yes
Control Depth: 3
Lot SqFt: 2586
Pool: Yes
SqFt Source: Seller
Rentals Allowed: Yes
Min Rental Days: 1
Style: Single Family
Year Built: 2000
Living Apx SqFt: 864
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Welcome to Oceanview Serenity, an exceptional, open-water retreat located in the gated community of Venture Out at Cudjoe Key (Mile Marker 23). This completely renovated 2-bedroom, 2-bathroom mid-rise offers rare, unobstructed turquoise ocean views as if you are floating on the water. A true boater's paradise, the property boasts a massive concrete seawall with effortless deep-water access. Critical structural and exterior updates provide unmatched peace of mind and substantial insurance benefits, including a brand-new roof, newly installed heavy-duty tie-down straps, and freshly refurbished, protected under-house support beams. Go inside to a bright, turnkey coastal interior where every detail has been thoughtfully updated, complete with a smart Nest thermostat for effortless climate control and energy efficiency. The main living space is framed by expansive windows that showcase panoramic water views. The heart of the home is a fully upgraded kitchen outfitted w/new appliances, and an oversized central island featuring generous built-in storage and a breakfast bar. The spacious primary suite serves as a luxurious private haven, highlighted by an upgraded ensuite bathroom complete with a double vanity and abundant storage. Outside, the covered deck offers the ultimate vantage point to relax in the ocean breeze and take in breathtaking Florida Keys sunrises over the water. Offered fully furnished and tastefully appointed, this home is 100% move-in ready to enjoy as a primary residence, private tropical getaway, or income-producing investment as a nightly rental. Venture Out is one of the rare communities in the Lower Keys that permits lucrative nightly rentals. Enjoy an incredible lineup of resort-style amenities, featuring a massive oceanfront saltwater swimming pool, an on-site marina store with a fuel dock, boat ramps, lighted tennis and pickleball courts, basketball, bocce, a vibrant recreation hall, and 24/7 gated security.
Directions: US 1 To Spanish Main Drive (MM 23). Venture Out Is Located On The Left. Gated Community.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: Yes
Association Fee $: 1540
Assoc/Mnt Fee Per: Quarterly
License Info
Transient Rntl Licns: Yes
Fee Includes
Security: 1
Sewer: 1
Dockage
Dock: Concrete
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Trash Compactor: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Waterfront
Gulf Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Ocean View: 1
Open Water View: 1
Floor
Tile: 1
Vinyl: 1
Neighborhood Feature
Community Boat Ramp: 1
Community Dockage: 1
Community Pool: 1
Manager on Premises: 1
Spa: 1
Tennis Courts: 1
Interior Features
Drapes/Blinds Incl: 1
Pantry: 1
Quartz Countertops: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: No
Stilt Column Height: Medium - 5Ft - 9Ft
Stories: 1 Story
Windows/Doors
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 1
Guest Parking: 1
RV Parking Open: 1
Assigned Parking: 1
Off Street Parking: 1
Trailer Storage: 1
Security
Central Station Sys: 1
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
Utilities
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Sewer Available: 1
Water Separate Meter: 1
Porch/Balcony
Roof Top Deck: 1
Title
Title Ins - Seller: 1
Exterior Features
Storage: 1
Tennis Court(s): 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Shutters
Accordion: 1
GF-Interior Features
Programmable Thermst: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Security; Sewer
Tax Exemptions: None
Waterfront: Gulf Front; Oceanfront; Open Water
Waterview: Bay/Gulf View; Ocean View; Open Water View
Property Condition: Updated/Remodeled
Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Central Air
Utilities: Cable Available; Elect Separate Meter; FKAA; Sewer Available; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Pantry; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s)
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Trash Compactor; Washer
Exterior Features: Storage; Tennis Court(s)
Construction: Manufactured
Shutters: Accordion
Floor: Tile; Vinyl
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Community Boat Ramp; Community Dockage; Community Pool; Manager on Premises; Spa; Tennis Courts
Security: Central Station Sys; Electric Gate; Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Seller
GF-Interior Features: Programmable Thermst
Room Information
Room Name Length Level Width Remarks
Bedroom 1154.00Main103.00Master bedroom is ensuite with a King sized bed.
Bedroom 2132.00Main115.00Both bedrooms contain Marriott Mattresses.

Listing Office: Homecoin.com

Last Updated: August - 27 - 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.