701 Spanish Main Drive 659
Cudjoe Key, FL 33042
MLS# 620156
2 beds | 2 baths | 864 sqft
Property DescriptionSeller 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.
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
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)
Realtor.COM Type: Residential - Mobile/Manufactured Home
Waterfront: No
Control Depth: 0
Lot Size: 33'x53'x25'x60'
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 – 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.
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
Stainless Steel Appliance(s): 1
Washer: 1
Pets Allowed: 1
Pets w/Restrictions: 2 pets max.
Ceiling Fans(s): 1
Central Air: 1
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
Drapes/Blinds Incl: 1
Pantry: 1
Above Flood: Unknown
Double Wide: 1
Stilt Column Height: Medium - 5Ft - 9Ft
Aluminum Windows: 1
Sliding Glass Doors: 1
Car(s): 1
Covered Parking: 1
Electric Gate: 1
Manned Gate: 1
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Open Porch/Balcony: 1
Patio: 1
Lighting: 1
Rain Gutters: 1
Storage: 1
Tennis Court(s): 1
In Ground: 1
Salt Water: 1
Decked: 1
Other Surroundings: Oceanfront
Fee Includes: Common Area Mnt; Security; Other
Building Style: Double Wide
Vehicle Storage: Covered Parking; Off Street Parking
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
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.