701 Spanish Main Drive, 602
Cudjoe Key, FL 33042
MLS# 607790
2 beds | 1 baths | 667 sqft
Property DescriptionTURN-KEY property - Currently, there are 66 DAYS ON THE BOOKS, with an average nightly rate of $316.00 TOTAL AROUND $19,500.00!
Discover this sought-after waterfront gem priced below $600,000, located in the desirable community of Venture Out on Cudjoe Key in the Lower Florida Keys. This 2-bedroom, 1-bathroom vacation home is nestled within a private residential condominium community, offering 24-hour gated security and patrols.
This nicely decorated home comes fully furnished with everything you need and is currently used as both a beloved second home and a vacation rental. You can easily get in through the side door entrance, which has a ramp, and there's lots of storage underneath and under the porch. The guest bedroom has two twin beds, a TV, a closet, and a stacked washer/dryer. In the master bedroom, you'll find a queen-size bed, TV, closet, and a full bathroom.
Also, there's a 35' concrete dock with 5 sturdy posts, a fish cleaning table, cleats, and a swim ladder for quick access to the open water.
Residents can enjoy in a multitude of amenities, such as a heated pool, hot tub, marina with a ship store, fuel dock, two boat ramps, fish cleaning and water rinse-down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground, rec hall, and pavilion. With no age restrictions and the allowance for two pets, this home is also TRANSIENT LICENSE (1-day rentals allowed)
Review the attached documents, including a spreadsheet with rental projections, to gain insight into the unit's potential.
The owner has primarily managed it for personal use rather than as a strict investment.
Current Price: $600,000
Listing Date: 2023-12-13
Listing Board: Key West Association
List Price: $600,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Street #: 701
Street Name: Spanish Main
Street Suffix: Drive
Unit #: 602
Key/Island: Cudjoe Key
State/Province: FL
Zip Code: 33042
Off Shore Island: No
County: Monroe
Subdivision: Venture Out (23.0)
Mile Marker: 23
Area: 07 - Cudjoe Key
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Handicap Access: Yes
Alternate Key #: 1246662
Parcel #: 00188681-060400
Zoning: URML-L - Urban Res Mobile Home Limited Dist
Deed Restrictions: Unknown
Legal: LT 602 VENTURE OUT CUDJOE KEY PB6-56 OR509-906 OR518-83 OR678-854 OR1170-632 OR2025-1420 OR2700-1320 OR3107-2332 OR3185
Taxes: 4594.83
Tax Year: 2023
Pub Sewer HkUp: Yes
Realtor.COM Type: Residential - Mobile/Manufactured Home
Style: Mobile Home
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 1988
Lot Size: 35 x 70
Lot SqFt: 2078
Lot Sqft Source: Property Data Card
Acres: 0.05
Living Apx SqFt: 667
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: 1
Total Baths: 1
Rentals Allowed: Yes
Remarks – Consumer: TURN-KEY property - Currently, there are 66 DAYS ON THE BOOKS, with an average nightly rate of $316.00 TOTAL AROUND $19,500.00!
Discover this sought-after waterfront gem priced below $600,000, located in the desirable community of Venture Out on Cudjoe Key in the Lower Florida Keys. This 2-bedroom, 1-bathroom vacation home is nestled within a private residential condominium community, offering 24-hour gated security and patrols.
This nicely decorated home comes fully furnished with everything you need and is currently used as both a beloved second home and a vacation rental. You can easily get in through the side door entrance, which has a ramp, and there's lots of storage underneath and under the porch. The guest bedroom has two twin beds, a TV, a closet, and a stacked washer/dryer. In the master bedroom, you'll find a queen-size bed, TV, closet, and a full bathroom.
Also, there's a 35' concrete dock with 5 sturdy posts, a fish cleaning table, cleats, and a swim ladder for quick access to the open water.
Residents can enjoy in a multitude of amenities, such as a heated pool, hot tub, marina with a ship store, fuel dock, two boat ramps, fish cleaning and water rinse-down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground, rec hall, and pavilion. With no age restrictions and the allowance for two pets, this home is also TRANSIENT LICENSE (1-day rentals allowed)
Review the attached documents, including a spreadsheet with rental projections, to gain insight into the unit's potential.
The owner has primarily managed it for personal use rather than as a strict investment.
Directions: Take US 1 to Cudjoe Key. Turn left onto Spanish Main Dr. Go about 1 mile and turn left into Venture Out.
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 902.26
Assoc/Mnt Fee Per: Quarterly
Transient Rntl Licns: Yes
Dock Length: 35
Dock: Concrete
Pets w/Restrictions: 2 pets allowed
Bank Owned: No
Potential Short Sale: No
Fee Includes: Common Area Mnt; Security; Other
Property Condition: Updated/Remodeled
Building Style: Single Wide w/Add'n
Vehicle Storage: Off Street Parking; Trailer Storage; Vehicle Restrictions
Cooling: Ceiling Fans(s); Central Air
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Drapes/Blinds Incl; Smoke Alarms; Storage; Window Treatments
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Pool Info: In Ground; Concrete
Construction: Manufactured
Windows/Doors: Awning Windows; Single Hung Windows; Sliding Glass Doors
Neighborhood Feature: Beach; Clubhouse; Community Boat Ramp; Community Dockage; Community Pool; Fire Hydrant; Handicap Facilities; Manager on Premises; Other Area Features
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Listing Office: Berkshire Hathaway Knight & Gardner
Last Updated: March - 11 - 2024
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