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$949,600
701 Spanish Main Drive 198
Cudjoe Key, FL 33042
MLS# 621567
2 beds  |  2 baths  |  864 sqft


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Property Description
OCEANFRONT INVESTMENT OPPORTUNITY | NIGHTLY RENTALS ALLOWED! Welcome to Oceanview Serenity, a completely renovated 2-bedroom, 2-bath waterfront retreat in the gated Venture Out community on Cudjoe Key at Mile Marker 23. Offering unobstructed open-water views, deep-water access and an established rental history, this turnkey property presents a rare opportunity to combine Florida Keys ownership with income-producing potential. Offered fully furnished and beautifully appointed, the property is move-in and rental ready. With over $105k in gross rental income ytd for 2026 and more than $33k in future bookings! An attractive option for investors seeking a property in the Florida Keys that allows nightly rentals. It is equally suited for use as a primary residence, second home or private tropical getaway. Recent improvements add significant value and peace of mind, including a brand-new 2026 roof, newly installed heavy-duty tie-down straps and refurbished and protected under-house support beams. Inside, the bright coastal interior has been thoughtfully updated throughout. Expansive windows frame panoramic turquoise-water views, while the renovated kitchen features new appliances and an oversized center island with abundant built-in storage and breakfast-bar seating. A Nest smart thermostat provides convenient climate control and energy management. The spacious primary suite includes an upgraded ensuite bath with double vanity and generous storage. Outdoors, a covered deck provides an exceptional setting for enjoying ocean breezes and spectacular Florida Keys sunrises. A massive 61ft concrete seawall and convenient deep-water access make this an outstanding choice for boating enthusiasts. Venture Out offers an impressive collection of resort-style amenities, a large oceanfront saltwater pool, marina store, fuel dock, boat ramps, lighted tennis and pickleball courts, basketball, bocce, and 24/7 gated security. Buy, Live, Rent, & Enjoy Paradise!

Details
Maps
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: No
Species List: No
Current Price: $949,600
Listing Date: 2026-10-09
List Price: $949,600
Location, Tax & Legal
Unit #: 198
City: Cudjoe
Off Shore Island: No
Mile Marker: 23
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Ocean
Flood Zone: VE,VE
Alternate Key #: 1242632
Parcel #: 00188681-020000
Zoning: URM - Urban Res Mobile Home District
Deed Restrictions: Unknown
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: 4947.15
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: 5
Lot Size: X
Lot SqFt: 2586
Pool: Yes
Total Units: 0
Acres: 0.06
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Mobile Home
Year Built: 2000
Living Apx SqFt: 864
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: OCEANFRONT INVESTMENT OPPORTUNITY | NIGHTLY RENTALS ALLOWED! Welcome to Oceanview Serenity, a completely renovated 2-bedroom, 2-bath waterfront retreat in the gated Venture Out community on Cudjoe Key at Mile Marker 23. Offering unobstructed open-water views, deep-water access and an established rental history, this turnkey property presents a rare opportunity to combine Florida Keys ownership with income-producing potential. Offered fully furnished and beautifully appointed, the property is move-in and rental ready. With over $105k in gross rental income ytd for 2026 and more than $33k in future bookings! An attractive option for investors seeking a property in the Florida Keys that allows nightly rentals. It is equally suited for use as a primary residence, second home or private tropical getaway. Recent improvements add significant value and peace of mind, including a brand-new 2026 roof, newly installed heavy-duty tie-down straps and refurbished and protected under-house support beams. Inside, the bright coastal interior has been thoughtfully updated throughout. Expansive windows frame panoramic turquoise-water views, while the renovated kitchen features new appliances and an oversized center island with abundant built-in storage and breakfast-bar seating. A Nest smart thermostat provides convenient climate control and energy management. The spacious primary suite includes an upgraded ensuite bath with double vanity and generous storage. Outdoors, a covered deck provides an exceptional setting for enjoying ocean breezes and spectacular Florida Keys sunrises. A massive 61ft concrete seawall and convenient deep-water access make this an outstanding choice for boating enthusiasts. Venture Out offers an impressive collection of resort-style amenities, a large oceanfront saltwater pool, marina store, fuel dock, boat ramps, lighted tennis and pickleball courts, basketball, bocce, and 24/7 gated security. Buy, Live, Rent, & Enjoy Paradise!
Directions: Over seas Hwy turn onto Spanish Main and go to Venture Out. Have to give be signed in at gate. Take right once thru gate and go to the first stop sign and home #198 is straight ahead at end.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 1560.63
Assoc/Mnt Fee Per: Quarterly
License Info
# of County License: 1
Transient Rntl Licns: Yes
Fee Includes
Common Area Mnt: 1
Security: 1
Other: 1
Dockage
Dock Length: 61
Dock: Concrete
Assigned Dock: 1
Boat Ramp: 1
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Trash Compactor: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Separate Meters: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
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
Tennis Courts: 1
Other Area Features: 1
Interior Features
Drapes/Blinds Incl: 1
Quartz Countertops: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Window Treatments: 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: Unknown
Stilt Column Height: Medium - 5Ft - 9Ft
Stories: 1 Story
Windows/Doors
Glass Doors: 1
Impact Rstnce Doors: 1
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
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
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Rain Gutters: 1
Storage: 1
Pool Info
In Ground: 1
Concrete: 1
Other Surroundings: Community pool
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: Common Area Mnt; Security; Other
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Assigned Dock; Boat Ramp
Property Condition: Updated/Remodeled
Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central; Separate Meters
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Trash Compactor; Washer
Exterior Features: Rain Gutters; Storage
Pool Info: In Ground; Concrete
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; Tennis Courts; Other Area Features
Security: Electric Gate; Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
GF-Interior Features: Programmable Thermst

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: October - 09 - 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.