701 Spanish Main Drive 512, Cudjoe Key, FL 33042

$879,000

Virtual Tour

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Virtual Tour

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 861 Lot Size (sq. ft.): 2,231 Status: Active

Current Price: $879,000 List Date: 12/05/2025 Last Modified: 2/10/2026

Description

VACATION RENTAL OPPORTUNITY - OPEN WATER VIEWS + 43' DOCK - 2BR/2BA | 864 SQ. FT. Beautifully maintained 2-bedroom, 2-bath waterfront home offering open water views and excellent rental potential. This 864 sq. ft. property features a 43-foot dock with quick access to world-class boating, fishing, and diving in the Florida Keys. Ideal for investors or owners seeking a turn-key vacation rental property. PROPERTY FEATURES: • 864 sq. ft., efficient and well-designed floor plan • 2 Bedrooms / 2 Full Bathrooms • Open water views from the living area and outdoor spaces • 43' dock suitable for larger vessels • New hot water heater • Stainless steel appliances in updated kitchen • Protection from north winds for comfortable year-round outdoor enjoyment • Open-concept living/dining area ideal for guest appeal • Strong rental history potential in a desirable waterfront community Located minutes from top Keys attractions, marinas, and dining, this home offers excellent guest appeal and easy access to the best of island living. Perfect for buyers seeking a high-performing vacation rental or a personal getaway with income potential. Turn-key, income-ready, and perfectly positioned for the ultimate Keys lifestyle.

More Information MLS# 617604

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes Current Price: $879,000 Listing Date: 2025-12-05 List Price: $879,000

Location, Tax & Legal

Unit #: 512 City: Cudjoe Mile Marker: 23 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE Alternate Key #: 1245763 Parcel #: 00188681-051400 Zoning: URML-L - Urban Res Mobile Home Limited Dist Deed Restrictions: Yes Legal: LT 512 VENTURE OUT AT CUDJOE CAY, A CONDO (PB6-56) OR467-30DEC OR509-906 OR518-83/85 OR566-552 OR694-495 OR1027/32 OR150 Taxes: 7286.56 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 - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 2231 Pool: No Total Units: 0 Acres: 0.05 SqFt Source: Tax Records Rentals Allowed: Yes Style: Single Family Year Built: 1999 Living Apx SqFt: 861 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: VACATION RENTAL OPPORTUNITY - OPEN WATER VIEWS + 43' DOCK - 2BR/2BA | 864 SQ. FT. Beautifully maintained 2-bedroom, 2-bath waterfront home offering open water views and excellent rental potential. This 864 sq. ft. property features a 43-foot dock with quick access to world-class boating, fishing, and diving in the Florida Keys. Ideal for investors or owners seeking a turn-key vacation rental property. PROPERTY FEATURES: • 864 sq. ft., efficient and well-designed floor plan • 2 Bedrooms / 2 Full Bathrooms • Open water views from the living area and outdoor spaces • 43' dock suitable for larger vessels • New hot water heater • Stainless steel appliances in updated kitchen • Protection from north winds for comfortable year-round outdoor enjoyment • Open-concept living/dining area ideal for guest appeal • Strong rental history potential in a desirable waterfront community Located minutes from top Keys attractions, marinas, and dining, this home offers excellent guest appeal and easy access to the best of island living. Perfect for buyers seeking a high-performing vacation rental or a personal getaway with income potential. Turn-key, income-ready, and perfectly positioned for the ultimate Keys lifestyle. Directions: GPS

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Association Fee $: 1762.98 Assoc/Mnt Fee Per: Quarterly

License Info

Transient Rntl Licns: Yes

Fee Includes

Common Area Mnt: 1 Security: 1

Dockage

Seawall: Concrete

Tax Exemptions

None: 1

Appliances

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

Pets

Pets w/Restrictions: 2

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Canal Front: 1 Open Water: 1

Waterview

Open Water View: 1

Floor

Tile: 1

Neighborhood Feature

Clubhouse: 1 Community Boat Ramp: 1 Community Pool: 1 Handicap Facilities: 1 Manager on Premises: 1 Spa: 1 Tennis Courts: 1 Other Area Features: 1

Interior Features

Smoke Alarms: 1 Storage: 1 Window Treatments: 1

Building Style

Above Flood: Unknown Double Wide: 1

Windows/Doors

Single Hung Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Car(s): 1 Covered Parking: 1 Vehicle Restrictions: 1 Trailer Storage: 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 No Seller Finance: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1 Patio: 1

Title

Negotiable: 1

Roof

Metal Roof: 1

Financial Status

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

Shutters

Accordion: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Common Area Mnt; Security Tax Exemptions: None Waterfront: Canal Front; Open Water Waterview: Open Water View Building Style: Double Wide Vehicle Storage: Covered Parking; Trailer Storage; Vehicle Restrictions Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Smoke Alarms; Storage; Window Treatments Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer Construction: Manufactured Shutters: Accordion Floor: Tile Roof: Metal Roof Neighborhood Feature: Clubhouse; Community Boat Ramp; Community Pool; 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; No Seller Finance Title: Negotiable

Listing Office: Lokation Real Estate

Last Updated: February - 10 - 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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