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$487,000
701 Spanish Main Drive 659
Cudjoe Key, FL 33042
MLS# 620156
2 beds  |  2 baths  |  864 sqft


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Property Description
Seller is Motivated! Coastal Charm Meets Modern Comfort Welcome to your island escape in the heart of the Lower Keys! This beautifully furnished two-bedroom, two-bath stilt home is located within the gated waterfront community of Venture Out on Cudjoe Key. Inside, you'll find a bright, open-concept layout featuring a spacious living area that flows seamlessly into a thoughtfully designed kitchen. Recent updates include a brand-new refrigerator, ample cabinetry, and a modern island bar with additional seating, perfect for entertaining family and friends. Built with both comfort and durability in mind, the home features a reliable metal roof and a large ground-level storage enclosure for all your island essentials. Step outside to your private backyard retreat, complete with low-maintenance artificial turf and a cozy seating area, ideal for enjoying the Florida Keys sunshine. This property is a proven income-producing vacation rental with strong rental history and future bookings already in place. In 2025, the home generated $43,257.28 in rental revenue. As of June 2, 2026, it has already produced $18,472.78 year-to-date, with 8 future reservations estimated to generate an additional $13,092.57 in rental income that will transfer to the buyer. Conveniently located near the front gate of the community, this home offers easy access for pet owners, with a quick path for walking dogs just outside the neighborhood. You're also within walking distance of Venture Out's outstanding amenities, including a heated saltwater waterfront pool, swimming lagoon, private boat ramp, tennis courts, pickleball courts, bocce courts, basketball courts, marina store, community center, and more. Whether you're seeking a personal island retreat, a seasonal getaway, or an investment property with immediate income potential, this home offers the perfect combination of comfort, convenience, and Florida Keys charm.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: Yes
Current Price: $487,000
Listing Date: 2026-06-03
List Price: $487,000
Location, Tax & Legal
Unit #: 659
City: Cudjoe
Mile Marker: 23
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1247235
Zoning: URML-L - Urban Res Mobile Home Limited Dist
Deed Restrictions: Yes
Taxes: 4401.09
Tax Year: 2023
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: 33'x53'x25'x60'
Lot SqFt: 1988
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 1
Acres: 0.05
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Mobile Home
Year Built: 1999
Living Apx SqFt: 864
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Seller is Motivated! Coastal Charm Meets Modern Comfort Welcome to your island escape in the heart of the Lower Keys! This beautifully furnished two-bedroom, two-bath stilt home is located within the gated waterfront community of Venture Out on Cudjoe Key. Inside, you'll find a bright, open-concept layout featuring a spacious living area that flows seamlessly into a thoughtfully designed kitchen. Recent updates include a brand-new refrigerator, ample cabinetry, and a modern island bar with additional seating, perfect for entertaining family and friends. Built with both comfort and durability in mind, the home features a reliable metal roof and a large ground-level storage enclosure for all your island essentials. Step outside to your private backyard retreat, complete with low-maintenance artificial turf and a cozy seating area, ideal for enjoying the Florida Keys sunshine. This property is a proven income-producing vacation rental with strong rental history and future bookings already in place. In 2025, the home generated $43,257.28 in rental revenue. As of June 2, 2026, it has already produced $18,472.78 year-to-date, with 8 future reservations estimated to generate an additional $13,092.57 in rental income that will transfer to the buyer. Conveniently located near the front gate of the community, this home offers easy access for pet owners, with a quick path for walking dogs just outside the neighborhood. You're also within walking distance of Venture Out's outstanding amenities, including a heated saltwater waterfront pool, swimming lagoon, private boat ramp, tennis courts, pickleball courts, bocce courts, basketball courts, marina store, community center, and more. Whether you're seeking a personal island retreat, a seasonal getaway, or an investment property with immediate income potential, this home offers the perfect combination of comfort, convenience, and Florida Keys charm.
Directions: US1 to Spanish Main Drive on Cudjoe Key (MM23), turn down Spanish Main Drive to the Venture Out community on the left hand side. *Note - Home is located in a gated community.
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
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Pets w/Restrictions: 2 pets max.
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
Ocean View: 1
Floor
Tile: 1
Vinyl: 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
Interior Features
Drapes/Blinds Incl: 1
Pantry: 1
Smoke Alarms: 1
Building Style
Above Flood: Unknown
Double Wide: 1
Stilt Column Height: Medium - 5Ft - 9Ft
Windows/Doors
Aluminum Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 1
Covered Parking: 1
Off Street Parking: 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
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Exterior Features
Lighting: 1
Rain Gutters: 1
Storage: 1
Tennis Court(s): 1
Pool Info
In Ground: 1
Salt Water: 1
Heated: Yes
Concrete: 1
Decked: 1
Other Surroundings: Oceanfront
Roof
Metal Roof: 1
Shutters
Bahama: 1
Clam Shell: 1
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security; Other
Tax Exemptions: None
Waterfront: None
Waterview: Ocean View
Dockage: Boat Ramp; None
Building Style: Double Wide
Vehicle Storage: Covered Parking; Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Pantry; Smoke Alarms
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Lighting; Rain Gutters; Storage; Tennis Court(s)
Pool Info: In Ground; Salt Water; Concrete; Decked
Construction: Manufactured
Shutters: Bahama; Clam Shell; Panel
Floor: Tile; Vinyl
Roof: Metal Roof
Pets: Pets Allowed
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

Listing Office: Bluescape Real Estate

Last Updated: June - 04 - 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.