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701 Spanish Main Drive 437, Cudjoe Key, FL 33042

$579,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 864 Lot Size (sq. ft.): 2,266 Status: Active
Current Price: $579,900 List Date: 11/25/2025 Last Modified: 12/12/2025

Description

Introducing an exceptional waterfront investment opportunity in the heart of the Florida Keys! This beautifully remodeled waterfront home in the highly desirable gated community of Venture Out on Cudjoe Key is zoned for minimum one-day vacation rentals, making it an ideal choice for investors or those seeking a turnkey coastal retreat. Step inside and you'll immediately appreciate the home's modern elegance paired with classic coastal charm. This 2-bedroom, 2-bath residence was completely renovated in 2020, offering stylish, contemporary finishes and comfortable functionality throughout. Enjoy direct boating access from your private seawall to both the Atlantic Ocean and the Gulf of Mexico—perfect for fishing, exploring, or simply taking in the natural beauty of the Lower Keys. The spacious kitchen serves as the centerpiece of the home, featuring newer appliances and a thoughtful layout ideal for entertaining. The kitchen flows seamlessly into a bright dining area and out to the covered patio giving an inviting outdoor space perfect for relaxing and enjoying stunning Keys sunsets. Venture Out offers an impressive list of amenities, including a heated oceanside pool, marina and boat launch, tennis courts, community events from November through April, gated security and well-maintained common areas. This property is offered fully furnished, providing a true turn-key opportunity. A newer metal roof adds durability and peace of mind, ensuring the home is ready for your immediate enjoyment. Whether you're looking for an income-producing rental or a personal Keys getaway, this waterfront gem delivers the lifestyle you've been dreaming of.

More Information MLS# 617465

Contract Information

Listing Board: Marathon/Lower Keys Potential Short Sale: No Bank Owned: No Current Price: $579,900 Listing Date: 2025-11-25 List Price: $579,900

Location, Tax & Legal

Unit #: 437 City: Cudjoe Mile Marker: 23 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1245011 Parcel #: 00188681-043900 Zoning: URML-L - Urban Res Mobile Home Limited Dist Deed Restrictions: Unknown Legal: LT 437 VENTURE OUT AT CUDJOE CAY, A CONDO (PB6-56) OR467-30DEC OR509-906 OR518-83/85 OR581-316 OR794-944 OR812-967 OR812 Taxes: 4843.5 Tax Year: 2024 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: 3 Lot SqFt: 2266 Pool: Yes Total Units: 0 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: Introducing an exceptional waterfront investment opportunity in the heart of the Florida Keys! This beautifully remodeled waterfront home in the highly desirable gated community of Venture Out on Cudjoe Key is zoned for minimum one-day vacation rentals, making it an ideal choice for investors or those seeking a turnkey coastal retreat. Step inside and you'll immediately appreciate the home's modern elegance paired with classic coastal charm. This 2-bedroom, 2-bath residence was completely renovated in 2020, offering stylish, contemporary finishes and comfortable functionality throughout. Enjoy direct boating access from your private seawall to both the Atlantic Ocean and the Gulf of Mexico—perfect for fishing, exploring, or simply taking in the natural beauty of the Lower Keys. The spacious kitchen serves as the centerpiece of the home, featuring newer appliances and a thoughtful layout ideal for entertaining. The kitchen flows seamlessly into a bright dining area and out to the covered patio giving an inviting outdoor space perfect for relaxing and enjoying stunning Keys sunsets. Venture Out offers an impressive list of amenities, including a heated oceanside pool, marina and boat launch, tennis courts, community events from November through April, gated security and well-maintained common areas. This property is offered fully furnished, providing a true turn-key opportunity. A newer metal roof adds durability and peace of mind, ensuring the home is ready for your immediate enjoyment. Whether you're looking for an income-producing rental or a personal Keys getaway, this waterfront gem delivers the lifestyle you've been dreaming of. Directions: Take Overseas Highway to Cudjoe Key (MM23), turn left onto Spanish Main Dr. Venture Out is on the left.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 1540.34 Assoc/Mnt Fee Per: Quarterly

License Info

Transient Rntl Licns: Yes

Fee Includes

Common Area Mnt: 1 Security: 1 Other: 1

Dockage

Dock Length: 21 Dock: Concrete Boat Ramp: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets w/Restrictions: 2 pets maximum

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Neighborhood Feature

Bike Paths: 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

Smoke Alarms: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Stilt Column Height: Short - 4Ft & Under

Windows/Doors

Single Hung Windows: 1 Sliding Glass Doors: 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 Seller Finance Psble: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Tennis Court(s): 1

Pool Info

In Ground: 1 Salt Water: 1 Heated: Yes Concrete: 1 Decked: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Shutters

Panel: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Common Area Mnt; Security; Other Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Ramp Property Condition: Updated/Remodeled Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer Interior Features: Smoke Alarms Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Tennis Court(s) Pool Info: In Ground; Salt Water; Concrete; Decked Construction: Manufactured Shutters: Panel Floor: Tile Roof: Metal Roof Neighborhood Feature: Bike Paths; 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; Seller Finance Psble Title: Negotiable
Listing Office: Bluescape Real Estate
Last Updated: December - 12 - 2025
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.