701 Spanish Main Drive 198
Cudjoe Key, FL, 33042
Active$949,600
701 Spanish Main Drive 198
Cudjoe Key, FL, 33042
Active$949,600
2
Bedrooms
2
Bathrooms
864 sqft
Living Area
2000
Year Built
2,586
Lot Size (sqft)
$1,561
HOA / Quarterly
8
Days on Market
Dock Score™
DockOnlyWhat shaped this score
DockOnly.com rating, not provided by the MLS or listing broker.
Dock & Water AccessMLS
AI Aerial Imagery Detection
Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
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!
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Location
Cudjoe Key, FL, 33042
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of Berkshire Hathaway HomeServices Knight & Gardner Realty via Florida Keys MLS
Last checked: 9 hours ago
Listing updated: October 17, 2026
© 2026 Florida Keys Board of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Dock Score™
DockOnlyWhat shaped this score
DockOnly.com rating, not provided by the MLS or listing broker.
Nearest Bridge Clearances
Florida Keys, critical for tall/large vessels
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$189,920 down
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