701 Spanish Main Drive UNIT 602, Cudjoe Key FL 33042

$559,000

701 Spanish Main Drive UNIT 602, Cudjoe Key, FL 33042

bedrooms

bathrooms

square feet

667

Acreage

0.05

Open Houses

year built

1988

Full Baths

Half Baths

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Boating enthusiasts will love the 35-foot concrete dock, complete with five sturdy posts, a fish cleaning table, cleats, and a swim ladder for easy access to open water.This turn-key, 2-bedroom, 1-bathroom home is move-in ready and located in the desirable Venture Out community, offering 24-hour gated security for peace of mind.Inside, the guest bedroom features two twin beds, a TV, a closet, and a stacked washer/dryer, while the master bedroom boasts a queen-size bed, TV, and a full bathroom.Owners benefit from transient licensing, allowing 1-day rentals. With 102 nights already booked at an average nightly rate of $244.58, this property has $24,946.80 in future bookings, making it a profitable investment. Currently, the home is used half for personal enjoyment and half for vacation rentals, offering a perfect balance of personal use and income potential.Designed for convenience, the property features a side door entrance, ramp access, and ample storage space underneath.Community amenities include a heated pool, hot tub, marina with a ship store, fuel dock, two boat ramps, tennis courts, pickleball courts, and more. Plus, residents are welcome to bring two pets!Don't miss this opportunity to own a profitable, fully equipped vacation rental in one of the most desirable locations in the Florida Keys. Review the attached documents for a detailed rental analysis.

Location
Subdivision	Venture Out (23.0)
County	Monroe
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 613501

Listing agent: Kathryn Baldwin #3428748

Listing broker: Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155

Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, March 5 2025 at 9:03 p.m. EST

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