Residential

701 Spanish Main Drive, Cudjoe

$487,000.00

Bedroom 2 bedrooms
Bathroom 2 baths

  • MLS #: 620156
  • Address: 701 Spanish Main Drive, Cudjoe, FL 33042
  • SQFT: 864
  • Acres: 0.05
  • Restrictions: Yes

Location Location

Agent Comments Agent Comments
Seller is Motivated!Coastal Charm Meets Modern ComfortWelcome 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.

Amenities Amenities
  • Washer
  • Stainless Steel Appliance(s)
  • Freezer
  • Microwave
  • Oven
  • Refrigerator
  • Dishwasher
  • Dryer

Interior Features Interior Features
  • Cool System: Central Air, Ceiling Fans(s)
  • Floors: Tile, Vinyl
  • Interior: Drapes/Blinds Incl, Smoke Alarms, Pantry

Exterior Features Exterior Features
  • Parking: Off Street Parking, Covered Parking
  • Roof: Metal Roof
  • Pool: Yes
  • Exterior: Rain Gutters, Tennis Court(s), Storage, Lighting

Additional Features Additional Features
  • County: Monroe
  • Property Type: Venture Out (23.0)
  • Waterfront Features: None
  • Water/Sewer: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Year Built: 1999