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Sold for $840,000
    • $840,000

    701 Spanish Main Dr #512, Cudjoe Key, FL 33042

    2beds
    861sqft
    Single Family Residence
    Built in 1999
    2,178 Square Feet Lot
    $849,900 Zestimate®
    $976/sqft
    $4,980 Estimated rent

    Home value

    $849,900

    $739,000 - $969,000

    $4,980/mo

    Zestimate® history
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    $7,191/mo

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    What's special

    VACATION RENTAL OPPORTUNITY - OPEN WATER VIEWS + 43' DOCK - 2BR/2BA | 864 SQ. FT. Beautifully maintained 2-bedroom, 2-bath waterfront home offering open water views and excellent rental potential. This 864 sq. ft. property features a 43-foot dock with quick access to world-class boating, fishing, and diving in the Florida Keys. Ideal for investors or owners seeking a turn-key vacation rental property. PROPERTY FEATURES: • 864 sq. ft., efficient and well-designed floor plan • 2 Bedrooms / 2 Full Bathrooms • Open water views from the living area and outdoor spaces • 43' dock suitable for larger vessels • New hot water heater • Stainless steel appliances in updated kitchen • Protection from north winds for comfortable year-round outdoor enjoyment • Open-concept living/dining area ideal for guest appeal • Strong rental history potential in a desirable waterfront community Located minutes from top Keys attractions, marinas, and dining, this home offers excellent guest appeal and easy access to the best of island living. Perfect for buyers seeking a high-performing vacation rental or a personal getaway with income potential. Turn-key, income-ready, and perfectly positioned for the ultimate Keys lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie K Caudill 352-630-0662,

    Lokation Real Estate

    Bought with:

    Kim Babenzien, 3448689

    Expert Realty LLC (HQ)

    Source: FLKMLS,MLS#: 617604MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer
    Features
    • Storage
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 861
    • Total interior livable area: 861 sqft

    Property

    Parking
    • Parking features: Storage
    Accessibility
    • Accessibility features: Handicap Facilities
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Spa features: Community
    • On waterfront: Yes
    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: 00188681051400
    • Zoning: URML-L - Urban Res Mobile Home Limited Dist

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Manufactured
    Condition
    • Year built: 1999

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Community Boat Ramp, Clubhouse, Manager on Premises, Other
    • 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: $1,763 quarterly
    Location
    • Region: Cudjoe Key

    Financial & listing details

    • Price per square foot: $976/sqft
    • Tax assessed value: $763,435
    • Annual tax amount: $7,286
    • Date on market: 12/5/2025
    • Listing terms: No Seller Finance,Cash
    • Body type: Double Wide

    Price history

    DateEventPrice
    6/26/2026Sold$840,000-2.2%$976/sqft
    Source: FLKMLS #617604 Report a problem
    5/15/2026Contingent$859,000$998/sqft
    Source: FLKMLS #617604 Report a problem
    4/15/2026Price change$859,000-2.3%$998/sqft
    Source: FLKMLS #617604 Report a problem
    2/1/2026Price change$879,000-6.4%$1,021/sqft
    Source: FLKMLS #617604 Report a problem
    1/1/2026Price change$939,000-4.1%$1,091/sqft
    Source: Key West AOR #617604 Report a problem
    12/5/2025Listed for sale$979,000+7.6%$1,137/sqft
    Source: FLKMLS #617604 Report a problem
    11/30/2024Listing removed$4,500$5/sqft
    Source: Zillow Rentals Report a problem
    8/8/2024Price change$4,500-10%$5/sqft
    Source: Zillow Rentals Report a problem
    8/2/2024Listed for rent$5,000$6/sqft
    Source: Zillow Rentals Report a problem
    2/13/2023Sold$910,000-4.1%$1,057/sqft
    Source: FLKMLS #602125 Report a problem
    12/4/2022Contingent$949,000$1,102/sqft
    Source: FLKMLS #602125 Report a problem
    8/5/2022Listed for sale$949,000+104.1%$1,102/sqft
    Source: FLKMLS #602125 Report a problem
    12/16/2017Sold$465,000-7%$540/sqft
    Source: Public Record Report a problem
    11/28/2017Listed for sale$499,999$581/sqft
    Source: Waterfront Keys Realty Inc. #576382 Report a problem
    11/28/2017Pending sale$499,999$581/sqft
    Source: Waterfront Keys Realty Inc. #576382 Report a problem
    8/8/2017Price change$499,999-3.7%$581/sqft
    Source: Waterfront Keys Realty Inc. #576382 Report a problem
    8/4/2017Price change$519,000-1.3%$603/sqft
    Source: Waterfront Keys Realty Inc. #576382 Report a problem
    7/24/2017Listed for sale$525,900+16.9%$611/sqft
    Source: Waterfront Keys Realty Inc. #576382 Report a problem
    12/30/2016Sold$450,000-8%$523/sqft
    Source: MLKAR #572870 Report a problem
    11/22/2016Listed for sale$489,000-0.2%$568/sqft
    Source: Waterfront Keys Realty Inc. #572870 Report a problem
    1/29/2008Sold$490,000+75%$569/sqft
    Source: Public Record Report a problem
    9/17/2002Sold$280,000$325/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,477 +2.6%$763,435 0%
    2024$7,287 +20%$763,644 +27.4%
    2023$6,074 +13.1%$599,199 +10%
    2022$5,371 -3.7%$544,726 +3.6%
    2021$5,579 +5.3%$525,962 +10%
    2020$5,297 $478,147 -2.6%
    2019$5,297 +7.7%$490,739 +24.2%
    2018$4,918 +10.1%$395,163 +2.9%
    2017$4,466 +3.3%$384,059 +65%
    2016$4,323 +69%$232,813 +0.7%
    2015$2,559 $231,195
    Find assessor info on the county website

    Neighborhood: 33042

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    Estimated market value
    $849,900
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    Estimated market value
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