701 Spanish Main Drive 423
Cudjoe Key, FL 33042
MLS# 619175
1 beds | 1 baths | 316 sqft
Property Description$21,000+ Gross Rental Revenue so far in 2026!
Welcome to Conch Hideaway #423, a charming and income-producing tropical retreat located within the highly sought-after gated community of Venture Out in the Lower Florida Keys. This 1-bedroom, 1-bath island getaway offers the perfect blend of relaxed coastal living and strong investment potential.
Currently operating as a successful vacation rental, the property has already generated over $21,000 in gross rental revenue for 2026, with approximately $17,000 in existing future reservations already secured as of June 5, 2026. Whether you're searching for a personal Florida Keys escape, a turnkey investment property, or both, this home is already producing income and ready to enjoy.
Inside, you'll find a bright, coastal-inspired interior featuring an open-concept living space, Smart TV, and a pull-out sofa bed. The thoughtfully designed kitchen offers everything needed for easy vacation living, while the bedroom and full bathroom create a comfortable retreat after a day on the water.
Step outside and relax in your outdoor space and enjoy the tropical breezes. A separate storage shed provides convenient space for fishing gear, bicycles, and beach essentials.
Located at Mile Marker 23 on Cudjoe Key, Venture Out is a private, 24-hour gated oceanfront community known for its exceptional amenities and vibrant island atmosphere. Residents and guests enjoy access to a heated saltwater oceanfront pool and hot tub, boat ramp, fuel dock, ship store, tennis and pickleball courts, basketball and bocce courts, saltwater swimming lagoon, recreation center, market, post office, and golf cart-friendly streets throughout the community.
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: Yes
Current Price: $276,400
Listing Date: 2026-03-24
List Price: $276,400
Off Shore Island: No
Mile Marker: 23
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1244872
Parcel #: 00188681-042500
Zoning: URM - Urban Res Mobile Home District
Deed Restrictions: Yes
Legal: LT 423 VENTURE OUT AT CUDJOE CAY, A CONDO PB6-56
Taxes: 3373.62
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
Realtor.COM Type: Residential - Mobile/Manufactured Home
Waterfront: No
Control Depth: 0
Lot Size: 35'x 69'
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.05
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Mobile Home
Year Built: 1980
Living Apx SqFt: 316
Total Bedrooms: 1
Full Baths: 1
Total Baths: 1
Remarks – Consumer: $21,000+ Gross Rental Revenue so far in 2026!
Welcome to Conch Hideaway #423, a charming and income-producing tropical retreat located within the highly sought-after gated community of Venture Out in the Lower Florida Keys. This 1-bedroom, 1-bath island getaway offers the perfect blend of relaxed coastal living and strong investment potential.
Currently operating as a successful vacation rental, the property has already generated over $21,000 in gross rental revenue for 2026, with approximately $17,000 in existing future reservations already secured as of June 5, 2026. Whether you're searching for a personal Florida Keys escape, a turnkey investment property, or both, this home is already producing income and ready to enjoy.
Inside, you'll find a bright, coastal-inspired interior featuring an open-concept living space, Smart TV, and a pull-out sofa bed. The thoughtfully designed kitchen offers everything needed for easy vacation living, while the bedroom and full bathroom create a comfortable retreat after a day on the water.
Step outside and relax in your outdoor space and enjoy the tropical breezes. A separate storage shed provides convenient space for fishing gear, bicycles, and beach essentials.
Located at Mile Marker 23 on Cudjoe Key, Venture Out is a private, 24-hour gated oceanfront community known for its exceptional amenities and vibrant island atmosphere. Residents and guests enjoy access to a heated saltwater oceanfront pool and hot tub, boat ramp, fuel dock, ship store, tennis and pickleball courts, basketball and bocce courts, saltwater swimming lagoon, recreation center, market, post office, and golf cart-friendly streets throughout the community.
Directions: Overseas Highway to Mile Marker 23. Turn onto Spanish Main Drive. Proceed through the gated entrance. Property #423 will be on your right.
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Condo Doc's: Yes
Assoc Approval Req: No
Association Fee $: 1560.25
Assoc/Mnt Fee Per: Quarterly
Common Area Mnt: 1
Security: 1
Pets Allowed: 1
Pets w/Restrictions: 2 Pets Max.
Drapes/Blinds Incl: 1
Storage: 1
Above Flood: Unknown
Single Wide: 1
Jalousie Windows: 1
Single Hung Windows: 1
Electric Gate: 1
Manned Gate: 1
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
In Ground: 1
Salt Water: 1
Decked: 1
Other Surroundings: Oceanfront
Fee Includes: Common Area Mnt; Security; Other
Building Style: Single Wide
Cooling: Wall/Window Unit(s)
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Storage
Appliances: Microwave; Range; Refrigerator
Exterior Features: Storage
Pool Info: In Ground; Salt Water; Concrete; Decked
Construction: Manufactured
Security: Electric Gate; Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Other Specify
Listing Office: Bluescape Real Estate
Last Updated: June - 11 - 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.