New Listing
701 Spanish Main Drive 198,Cudjoe, FL 33042
Cudjoe, FL 33042
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 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!
Details
| MLS # | 621567 |
|---|---|
| Listing Type | For Sale |
| Style | Manufactured Home |
| HOA Dues | $1,560 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 4 |
| Listing Provided By | Berkshire Hathaway HomeServices Knight & Gardner Realty | Stacey Nash Pillari |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 864 |
| Pool | Yes |
| Zoning | URM - Urban Res Mobile Home Dist |
| Acreage | 0.06 |
| Water Front | Yes |
| Property View | Open Water View, Ocean |
Taxes
| Property | 4947 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | Cudjoe |
| Zip Code | 33042 |
| Area | 07 Cudjoe Key |
| Community Name | Venture Out (23.0) |
| Listing VS Median (in Venture Out (23.0)) | |
Price: $949,600 low | high Med: $501,000 sqft: 864 low | high Med: 787 $ / sqft: $1,099 low | high Med: $637 On site: 4 low | high Med: 245 | |
Market Activity 33042
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | Cudjoe |
| Zip Code | 33042 |
| Area | 07 Cudjoe Key |
| Community Name | Venture Out (23.0) |
| Listing VS Median (in Venture Out (23.0)) | |
Price: $949,600 low | high Med: $501,000 sqft: 864 low | high Med: 787 $ / sqft: $1,099 low | high Med: $637 On site: 4 low | high Med: 245 | |
