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$276,400
701 Spanish Main Drive 423
Cudjoe Key, FL 33042
MLS# 619175
1 beds  |  1 baths  |  316 sqft


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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.

Details
Maps
Contract Information
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
Location, Tax & Legal
Unit #: 423
City: Cudjoe
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
General Property Description
Realtor.COM Type: Residential - Mobile/Manufactured Home
Waterfront: No
Control Depth: 0
Lot Size: 35'x 69'
Lot SqFt: 2078
Pool: Yes
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 & Misc
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.
Association Info
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
Fee Includes
Common Area Mnt: 1
Security: 1
Other: 1
Dockage
Boat Ramp: 1
Tax Exemptions
None: 1
Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Pets w/Restrictions: 2 Pets Max.
Cooling
Wall/Window Unit(s): 1
Heating
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Tile: 1
Interior Features
Drapes/Blinds Incl: 1
Storage: 1
Building Style
Above Flood: Unknown
Single Wide: 1
Windows/Doors
Jalousie Windows: 1
Single Hung Windows: 1
Vehicle Storage
Car(s): 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
Other Specify: 1
Utilities
Buyer to Verify: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Patio: 1
Exterior Features
Storage: 1
Pool Info
In Ground: 1
Salt Water: 1
Heated: Yes
Concrete: 1
Decked: 1
Other Surroundings: Oceanfront
Roof
Other Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security; Other
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: Boat Ramp
Building Style: Single Wide
Furnished: Furnished
Cooling: Wall/Window Unit(s)
Heating: None
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
Floor: Tile
Roof: Other Roof
Pets: Pets Allowed
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.