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For sale
  • $674,999

    701 Spanish Main Dr #123, Cudjoe Key, FL 33042

    2beds
    770sqft
    : 
    $4,823/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    1,742 Square Feet Lot
    $650,800 Zestimate®
    $877/sqft
    $520/mo HOA

    What's special

    Hot tubHeated poolCovered porchWater viewsBeautiful tongue-and-groove ceilingExceptional boating access
    YOUR FLORIDA KEYS ESCAPE AWAITS! Welcome to your own slice of paradise in the highly sought-after gated community of Venture Out on Cudjoe Key. This beautifully furnished 2-bedroom, 2-bath home combines water views, exceptional boating access, comfortable island living, and resort-style amenities just seconds from open water. Situated on a wide 60' canal, boaters will love the 35' concrete dockage with dock posts, cleats, swim ladder, and fish-cleaning table--perfect for days spent fishing, diving, cruising, or exploring the Keys. Inside, the bright and inviting living space opens onto a covered porch, creating the perfect place to relax after a day on the water. The home has been extensively updated, including a new kitchen in 2026, new flooring in 2022, A/C in 2020, and a new roof, siding, windows, doors, insulation, and hot water heater in 2019. A beautiful tongue-and-groove ceiling adds to the relaxed island feel. The primary suite features a king-size bed, ample storage, and private ensuite bath, while the guest bedroom offers a queen-size bed and access to the second full bath. Venture Out offers an incredible resort lifestyle with a heated pool, hot tub, marina, fuel dock, boat ramps, tennis, pickleball, bocce, basketball, playground, recreation hall, pavilion, 24-hour gated security, and more. Nightly rentals are permitted, and the home generated approximately $84,000 in gross rental revenue, providing an attractive added benefit when you're not enjoying it yourself. Seller financing may also be considered with acceptable terms. Beautifully furnished and ready to enjoy, this is your opportunity to experience the Florida Keys lifestyle from day one.
    10 days
    721
    27

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Nate Bartlett,

    Berkshire Hathaway HomeServices Keys Real Estate

    Source: FLKMLS,MLS#: 621327MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Heat Pump, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
      Features
      • Storage
      • Flooring: Laminate
      • Furnished: Yes
      Interior area
      • Total structure area: 770
      • Total interior livable area: 770 sqft

      Property

      Parking
      • Parking features: Storage
      Accessibility
      • Accessibility features: Handicap Facilities
      Features
      • Levels: Ground Level
      • Patio & porch: Deck, Patio
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • Spa features: Community
      • On waterfront: Yes
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 35x70
      Details
      • Parcel number: 00188681012500
      • Zoning: URM - Urban Res Mobile Home District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Manufactured
      Condition
      • Year built: 1992

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

      Community & HOA

      Community
      • Features: Community Boat Ramp, Clubhouse, Manager on Premises, Fire Hydrant, Other, Bike Paths
      • Security: Security Gate, Gated with Guard, Security Guard
      • Subdivision: Venture Out (23.0)
      HOA
      • Has HOA: Yes
      • Services included: Common Area Mnt, Security
      • HOA fee: $1,560 quarterly
      Location
      • Region: Cudjoe Key

      Financial & listing details

      • Price per square foot: $877/sqft
      • Tax assessed value: $518,652
      • Annual tax amount: $4,708
      • Date on market: 9/17/2026
      • Listing terms: Seller Finance Psble,Cash,Conventional,FHA,Other

        Estimated market value

        $650,800

        $618,000 - $683,000

        $5,111/mo

        Price history

        DateEventPrice
        9/17/2026Listed for sale$674,999+3.8%$877/sqft
        Source: FLKMLS #621327 Report a problem
        10/25/2021Listing removed--
        Source: MLKAR Report a problem
        9/3/2021Listed for sale$650,000+188.9%$844/sqft
        Source: MLKAR #597590 Report a problem
        6/14/2018Sold$225,000-18.2%$292/sqft
        Source: FLKMLS #574639 Report a problem
        1/9/2018Listing removed$275,000$357/sqft
        Source: Waterfront Keys Realty Inc. #574639 Report a problem
        11/27/2017Price change$275,000-12.7%$357/sqft
        Source: Waterfront Keys Realty Inc. #574639 Report a problem
        11/9/2017Listed for sale$314,999$409/sqft
        Source: Waterfront Keys Realty Inc. #574639 Report a problem
        8/31/2017Listing removed$314,999$409/sqft
        Source: Waterfront Keys Realty Inc. #574639 Report a problem
        6/1/2017Price change$314,999-3.1%$409/sqft
        Source: Waterfront Keys Realty Inc. #574639 Report a problem
        3/8/2017Listed for sale$325,000+140.7%$422/sqft
        Source: Waterfront Keys Realty Inc. #574639 Report a problem
        4/16/1998Sold$135,000$175/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,709 +8.2%$403,959 +10%
        2024$4,353 +8.8%$367,235 +10%
        2023$4,001 +13.4%$333,850 +10%
        2022$3,529 +9.2%$303,500 +10%
        2021$3,232 -5%$275,909 -5.5%
        2020$3,402 $292,100 -0.1%
        2019$3,402 -0.3%$292,514 +46%
        2018$3,414 +30.9%$200,335 -17.7%
        2017$2,608 -8.8%$243,542 +20.8%
        2016$2,861 +7.7%$201,639 +1%
        2015$2,655 $199,702
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33042

        Getting around

        11 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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