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701 Spanish Main Drive 198, Cudjoe Key, FL 33042
$949,600
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
864
Lot Size (sq. ft.):
2,586
Status:
Active
Current Price:
$949,600
List Date:
10/09/2026
Last Modified:
10/16/2026
Overview
Description
...
(Read more)
OCEANFRONT INVESTMENT OPPORTUNITY | NIGHTLY RENTALS ALLOWED!
Welcome to Oceanview Serenity, a completely renovated 2-bedroom, 2-bath waterfront retreat in the gated Venture Out community on Cudjoe Key at Mile Marker 23. Offering unobstructed open-water views, deep-water access and an established rental history, this turnkey property presents a rare opportunity to combine Florida Keys ownership with income-producing potential.
Offered fully furnished and beautifully appointed, the property is move-in and rental ready. With over $105k in gross rental income ytd for 2026 and more than $33k in future bookings! An attractive option for investors seeking a property in the Florida Keys that allows nightly rentals. It is equally suited for use as a primary residence, second home or private tropical getaway.
Recent improvements add significant value and peace of mind, including a brand-new 2026 roof, newly installed heavy-duty tie-down straps and refurbished and protected under-house support beams.
Inside, the bright coastal interior has been thoughtfully updated throughout. Expansive windows frame panoramic turquoise-water views, while the renovated kitchen features new appliances and an oversized center island with abundant built-in storage and breakfast-bar seating. A Nest smart thermostat provides convenient climate control and energy management.
The spacious primary suite includes an upgraded ensuite bath with double vanity and generous storage. Outdoors, a covered deck provides an exceptional setting for enjoying ocean breezes and spectacular Florida Keys sunrises. A massive 61ft concrete seawall and convenient deep-water access make this an outstanding choice for boating enthusiasts.
Venture Out offers an impressive collection of resort-style amenities, a large oceanfront saltwater pool, marina store, fuel dock, boat ramps, lighted tennis and pickleball courts, basketball, bocce, and 24/7 gated security.
Buy, Live, Rent, & Enjoy Paradise!
Listing Details MLS# 621567
Location, Tax & Legal
- 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
Contract Information
- Listing Board
- Key West Association
- As is Rght to Inspct
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Residential - Mobile/Manufactured Home
- Style
- Mobile Home
- Waterfront
- Yes
- Control Depth
- 5
- Pool
- Yes
- Year Built
- 2000
- Lot SqFt
- 2586
- Acres
- 0.06
- Living Apx SqFt
- 864
- SqFt Source
- Property Data Card
- Total Bedrooms
- 2
- Full Baths
- 2
- Total Baths
- 2
- Rentals Allowed
- Yes
- Min Rental Days
- Yes
Association Info
- Mandatory Home Owners Asc
- Yes
- 1st Right of Refusal
- No
- Association Fee $
- 1560.63
- Assoc/Mnt Fee Per
- Quarterly
License Info
- # of County License
- Yes
- Transient Rntl Licns
- Yes
More Information
Dockage
- Dock Length
- 61
- Dock
- Concrete
- Seawall
- Concrete
Building Style
- Above Flood
- Unknown
- Stilt Column Height
- Medium - 5Ft - 9Ft
- # Stories
- 1 Story
Vehicle Storage
- Car(s)
- Yes
Pool Info
- Other Surroundings
- Community pool
Property Features
Fee Includes:
Common Area Mnt; Security; Other
Tax Exemptions:
None
Waterfront:
Oceanfront; Open Water
Waterview:
Ocean View; Open Water View
Dockage:
Assigned Dock; Boat Ramp
Property Condition:
Updated/Remodeled
Vehicle Storage:
Assigned Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air
Heating:
Central; Separate Meters
Utilities:
Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features:
Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Window Treatments
Pre-Wired:
Cable
Appliances:
Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Trash Compactor; Washer
Exterior Features:
Rain Gutters; Storage
Pool Info:
In Ground; Concrete
Construction:
Manufactured
Shutters:
Accordion
Floor:
Tile; Vinyl
Roof:
Metal Roof
Pets:
Pets Allowed
Neighborhood Feature:
Community Boat Ramp; Community Dockage; Community Pool; Manager on Premises; Tennis Courts; Other Area Features
Security:
Electric Gate; Manned Gate; Patrolled Area
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional
Title:
Negotiable
GF-Interior Features:
Programmable Thermst
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: October - 16 - 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.