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$982,600 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 864 Sq. Ft.
  • Updated 20 hours ago
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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.

Full Property Details for 701 Spanish Main Dr #198

General

  • Price: $982,600
  • HOA FEE: $513/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $4,379 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 621115
  • Updated: 8/26/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 2
  • Interior Features: Walk-in Closet(s), Drapes/Blinds Incl, Pantry, Quartz Countertops, Smoke Alarms, Split Bedroom, Storage, Smart Thermostat
  • Appliances: Trash Compactor, Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Spa, Manager on Premises, Community Dockage, Community Boat Ramp, Tennis Court(s), Pool
  • Pool: Yes
  • Security/Safety: Central Station Sys, Electric Gate, Manned Gate, Patrolled Area

Exterior

  • Exterior Features: Tennis Court(s), Storage
  • Deck/Patio: Roof Top Deck
  • Porch/Patio/Deck: Roof Top Deck

Parking

  • Parking Features: Guest, Off Street, Assigned

Location

  • Area: 07 - Cudjoe Key
  • County: Monroe
  • Subdivision: Venture Out (23.0)
  • Driving Directions: US 1 To Spanish Main Drive (MM 23). Venture Out Is Located On The Left. Gated Community.

Community

  • Association: Yes
  • Assoc. Fees Include: Security, Sewer
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Structural Information

  • Construction Status: Updated/Remodeled
  • Construction: Manufactured
  • Roof: Metal
  • Windows/Doors: Sliding Glass Doors, Shutters
  • Square Feet: 864
  • Sq. Ft. Source: Seller
  • Year Built: 2000
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Open Water View, Ocean, Bay
  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,586
  • Zoning: URML-L - Urban Res Mobile Home Limited Dist

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Gulf Front, Oceanfront, Open Water

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $1,540
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $4,379
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LT 198 LESS WLY 1.4FT VENTURE OUT AT CUDJOE CAY, A CONDO (PB6-56) OR467-30DEC OR509-906 OR518-83 OR706-481 OR815-2060 OR
  • Flood Zone: VE
  • APN: 188681020000

Listed by Homecoin.com, Jonathan Minerick (888) 400-2513

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Listing agent

— 701 Spanish Main Dr #198 —

  • Jonathan Minerick

    Homecoin.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 701 Spanish Main Dr #198 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Listed
$982,600
14.22%
MLS
4/29/2025
Sold
$860,300
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 Spanish Main Dr #198

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,937
—
$584,443
-1%
2024
$4,937
13%
$587,451
22%
2023
$4,380
8%
$480,076
18%
2021
$4,066
-3%
$408,400
-14%
2022
$4,209
4%
$475,224
8%
2021
$4,066
-6%
$441,656
2%
2019
$4,323
-1%
$431,727
2%
2018
$4,345
3%
$423,678
2%
2017
$4,226
-7%
$414,964
4%
2016
$4,543
5%
$399,945
12%
2015
$4,313
—
$356,843
7%
2014
$4,326
2%
$334,461
10%
2013
$4,232
—
$304,056
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Homecoin.com, Jonathan Minerick (888) 400-2513

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701 Spanish Main Drive #198, Cudjoe Key, FL 33042 (MLS# 621115) is a Single Family property with 2 bedrooms and 2 full bathrooms. 701 Spanish Main Drive #198 is currently listed for $982,600 and was received on August 25, 2026. Want to learn more about 701 Spanish Main Drive #198? Do you have questions about finding other Single Family real estate for sale in Cudjoe Key? You can browse all Cudjoe Key real estate or contact a Coldwell Banker agent to request more information.

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