(786) 964-3151
A beautiful property in Cudjoe Key, FL1 / 52

$487,000

701 Spanish Main Drive 659, Cudjoe Key, FL 33042

2

Beds

2

Baths

864

Sq Ft

  • Private Pool

About this home

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.

Property details

Property Type
Mobile Home
Year Built
1999
Lot Size
1,988 sq ft
HOA
$1,560/mo
Annual Taxes
$4,401/yr
Subdivision
Venture Out (23.0)
Days on Market
118
Listed
June 3, 2026
MLS #
620156

Location

Listed With Bluescape Real Estate

Listing information is provided courtesy of the Florida Keys MLS. Information deemed reliable but not guaranteed.

701 Spanish Main Drive 659, Cudjoe Key, FL 33042 | KeysCations Realty