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

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 ... (Read more)

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
Unit #: 198
City: Cudjoe
Off Shore Island: No
Mile Marker: 23
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Ocean
Flood Zone: VE,VE
Alternate Key #: 1242632
Parcel #: 00188681-020000
Zoning: URM - Urban Res Mobile Home District
Deed Restrictions: Unknown
Legal: LT 198 LESS WLY 1.4FT VENTURE OUT AT CUDJOE CAY, A CONDO (PB6-56) OR467-30DEC OR509-906 OR518-83 OR706-481 OR815-2060 OR
Taxes: 4947.15
Tax Year: 2025
Pub Sewer HkUp: Yes

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
Total Units: 0

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
Assigned Dock: Yes
Boat Ramp: Yes

Building Style

Above Flood: Unknown
Stilt Column Height: Medium - 5Ft - 9Ft
Stories: 1 Story

Vehicle Storage

Car(s): Yes
Guest Parking: Yes
RV Parking Open: Yes
Assigned Parking: Yes
Off Street Parking: Yes
Trailer Storage: Yes

Pool Info

Other Surroundings: Community pool
In Ground: Yes
Concrete: Yes

Remarks & Misc

Remarks – Consumer: 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!
Directions: Over seas Hwy turn onto Spanish Main and go to Venture Out. Have to give be signed in at gate. Take right once thru gate and go to the first stop sign and home #198 is straight ahead at end.

Fee Includes

Common Area Mnt: Yes
Security: Yes
Other: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Trash Compactor: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes
Separate Meters: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Tile: Yes
Vinyl: Yes

Neighborhood Feature

Community Boat Ramp: Yes
Community Dockage: Yes
Community Pool: Yes
Manager on Premises: Yes
Tennis Courts: Yes
Other Area Features: Yes

Interior Features

Drapes/Blinds Incl: Yes
Quartz Countertops: Yes
Smoke Alarms: Yes
Split Bedroom: Yes
Storage: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Glass Doors: Yes
Impact Rstnce Doors: Yes
Sliding Glass Doors: Yes

Security

Electric Gate: Yes
Manned Gate: Yes
Patrolled Area: Yes

Construction

Manufactured: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes

Title

Negotiable: Yes

Exterior Features

Rain Gutters: Yes
Storage: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Shutters

Accordion: Yes

GF-Interior Features

Programmable Thermst: Yes

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.

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