701 Spanish Main Dr Unit 659, Cudjoe, FL 33042

$487,000
2
BD
2
BA
864
SqFt

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List Price
$487,000
MLS#
620156
Style
Double Wide
Status
ACTIVE
Island
Cudjoe Key
County
Monroe
City
Cudjoe
Area
Cudjoe Key
Subdivision
Venture Out (23.0)
Neighborhood
07 - Cudjoe Key
Bedrooms
2
Bathrooms
2
Living Area
864
Acres
0.05
Year Built
1999
Days on Market
53

Property Description

Seller is Motivated! Coastal Charm Meets Modern Comfort Welcome 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.

Additional Information

Hoa Fee
$1,560
Taxes
$4,401
Furnished
Furnished
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
Exterior Features
Rain Gutters, Lighting, Storage, Tennis Court(s)
Roof
Metal
Pool
Yes
Zoning
URML-L - Urban Res Mobile Home Limited Dist
Terms
Cash, Conventional

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Listing Courtesy Of Bluescape Real Estate, Contact: