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For sale
  • $982,600

    701 Spanish Main Dr #198, Cudjoe Key, FL 33042

    2beds
    864sqft
    : 
    $6,450/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    2,586 Square Feet Lot
    $941,300 Zestimate®
    $1,137/sqft
    $513/mo HOA

    What's special

    Bright turnkey coastal interiorBrand-new roof
    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.
    5 days
    608
    28

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Minerick 888-400-2513,

    Homecoin.com

    Source: FLKMLS,MLS#: 621115MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom 1
      • Description: Master bedroom is ensuite with a King sized bed.
      • Level: Main
      • Area: 15862 Square Feet
      • Dimensions: 154 x 103
      Bedroom 2
      • Description: Both bedrooms contain Marriott Mattresses.
      • Level: Main
      • Area: 15180 Square Feet
      • Dimensions: 132 x 115
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Trash Compactor, Freezer
      Features
      • Smart Thermostat, Storage, Walk-in Closet(s), Quartz Countertops
      • Flooring: Tile, Vinyl
      • Furnished: Yes
      Interior area
      • Total structure area: 864
      • Total interior livable area: 864 sqft

      Property

      Parking
      • Parking features: RV Access/Parking, Storage
      Features
      • Patio & porch: Roof Top Deck
      • Exterior features: Storage, Tennis Court(s)
      • Has private pool: Yes
      • Spa features: Community
      • On waterfront: Yes
      Lot
      • Size: 2,586 Square Feet
      Details
      • Parcel number: 00188681020000
      • Zoning: URML-L - Urban Res Mobile Home Limited Dist

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Manufactured
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2000

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Community Dockage, Community Boat Ramp, Manager on Premises
      • Security: Security Gate, Gated with Guard, Security Guard, Central Station Sys
      • Subdivision: Venture Out (23.0)
      HOA
      • Has HOA: Yes
      • Services included: Sewer, Security
      • HOA fee: $1,540 quarterly
      Location
      • Region: Cudjoe Key

      Financial & listing details

      • Price per square foot: $1,137/sqft
      • Tax assessed value: $709,679
      • Annual tax amount: $4,379
      • Date on market: 8/26/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $941,300

        $894,000 - $988,000

        $3,372/mo

        Price history

        DateEventPrice
        8/26/2026Listed for sale$982,600+14.2%$1,137/sqft
        Source: FLKMLS #621115 Report a problem
        5/2/2025Sold$860,300-9.3%$996/sqft
        Source: FLKMLS #613152 Report a problem
        4/1/2025Contingent$949,000$1,098/sqft
        Source: Key West AOR #613152 Report a problem
        2/20/2025Listed for sale$949,000$1,098/sqft
        Source: FLKMLS #613152 Report a problem
        2/13/2025Contingent$949,000$1,098/sqft
        Source: FLKMLS #613152 Report a problem
        1/15/2025Listed for sale$949,000+194%$1,098/sqft
        Source: Key West AOR #613152 Report a problem
        3/28/2006Sold$322,800$374/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,947 +0.2%$528,573 +6.8%
        2024$4,937 +12.7%$494,924 +6.7%
        2023$4,380 +4.1%$463,717 +6.6%
        2022$4,209 +3.5%$434,946 +6.5%
        2021$4,066 -7.7%$408,400 -7.5%
        2020$4,404 $441,656 +2.3%
        2019$4,404 +1.9%$431,727 +1.9%
        2018$4,323 -0.5%$423,678 +2.1%
        2017$4,345 +2.8%$414,964 +3.8%
        2016$4,226 -7%$399,945 +12.1%
        2015$4,543 $356,843
        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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