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701 Spanish Main Drive 198, Cudjoe Key, FL 33042

New Listing
$982,600
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 864 Lot Size (sq. ft.): 2,586 Status: Active
Current Price: $982,600 List Date: 8/26/2026 Last Modified: 8/26/2026

Description

Welcome to Oceanview Serenity, an exceptional, open-water retreat located in the gated community of Venture Out at Cudjoe Key (Mile Marker 23). This completely renovated 2-bedroom, 2-bathroom mid-rise offers rare, unobstructed turquoise ocean views as if you are floating on the water. A true boater's paradise, the property boasts a massive concrete seawall with effortless deep-water access. Critical structural and exterior updates provide unmatched peace of mind and substantial insurance benefits, including a brand-new roof, newly installed heavy-duty tie-down straps, and freshly refurbished, protected under-house support beams. Go inside to a bright, turnkey coastal interior where every detail has been thoughtfully updated, complete with a smart Nest thermostat for effortless climate control and energy efficiency. The main living space is framed by expansive windows that showcase panoramic water views. The heart of the home is a fully upgraded kitchen outfitted w/new appliances, and an oversized central island featuring generous built-in storage and a breakfast bar. The spacious primary suite serves as a luxurious private haven, highlighted by an upgraded ensuite bathroom complete with a double vanity and abundant storage. Outside, the covered deck offers the ultimate vantage point to relax in the ocean breeze and take in breathtaking Florida Keys sunrises over the water. Offered fully furnished and tastefully appointed, this home is 100% move-in ready to enjoy as a primary residence, private tropical getaway, or income-producing investment as a nightly rental. Venture Out is one of the rare communities in the Lower Keys that permits lucrative nightly rentals. Enjoy an incredible lineup of resort-style amenities, featuring a massive oceanfront saltwater swimming pool, an on-site marina store with a fuel dock, boat ramps, lighted tennis and pickleball courts, basketball, bocce, a vibrant recreation hall, and 24/7 gated security.

More Information MLS# 621115

Contract Information

Current Price: $982,600 Listing Date: 2026-08-25 Listing Board: Marathon/Lower Keys List Price: $982,600 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 701 Street Name: Spanish Main Street Suffix: Drive Key/Island: Cudjoe Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Venture Out (23.0) Area: 07 - Cudjoe Key

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 3 Pool: Yes Year Built: 2000 Lot SqFt: 2586 Living Apx SqFt: 864 SqFt Source: Seller Total Bedrooms: 2 Full Baths: 2 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 1

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 1540 Assoc/Mnt Fee Per: Quarterly

License Info

Transient Rntl Licns: Yes

Dockage

Dock: Concrete Seawall: Concrete

Building Style

Above Flood: No Stilt Column Height: Medium - 5Ft - 9Ft Stories: 1 Story

Vehicle Storage

Car(s): 1

Property Features

Fee Includes: Security; Sewer Tax Exemptions: None Waterfront: Gulf Front; Oceanfront; Open Water Waterview: Bay/Gulf View; Ocean View; Open Water View Property Condition: Updated/Remodeled Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Sewer Available; Water Separate Meter Interior Features: Drapes/Blinds Incl; Pantry; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Trash Compactor; Washer Exterior Features: Storage; Tennis Court(s) Construction: Manufactured Shutters: Accordion Floor: Tile; Vinyl Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp; Community Dockage; Community Pool; Manager on Premises; Spa; Tennis Courts Security: Central Station Sys; Electric Gate; Manned Gate; Patrolled Area Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Seller GF-Interior Features: Programmable Thermst

Room Information

Bedroom 1 Length: 154.00 Level: Main Length: 154.00 Width: 103.00 Width: 103.00 Remarks: Master bedroom is ensuite with a King sized bed. Bedroom 2 Length: 132.00 Level: Main Length: 132.00 Width: 115.00 Width: 115.00 Remarks: Both bedrooms contain Marriott Mattresses.
Listing Office: Homecoin.com
Last Updated: August - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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