For sale Residential

Listed Jun 4, 2026

$487,000 Est. $3,221/mo

701 Spanish Main Drive Unit 659

  • 2

    Beds

  • 2

    Baths

  • 864

    Sq ft

The story

  • Pool

Seller is Motivated!Coastal Charm Meets Modern ComfortWelcome to your island escape in the heart of the Lower Keys! This beautifully furnished two-bedroom, two-bath stilt home is located within the gated waterfront community of Venture Out on Cudjoe Key.Inside, you'll find a bright, open-concept layout featuring a spacious living area that flows seamlessly into a thoughtfully designed kitchen. Recent updates include a brand-new refrigerator, ample cabinetry, and a modern island bar with additional seating, perfect for entertaining family and friends.Built with both comfort and durability in mind, the home features a reliable metal roof and a large ground-level storage enclosure for all your island essentials. Step outside to your private backyard retreat, complete with low-maintenance artificial turf and a cozy seating area, ideal for enjoying the Florida Keys sunshine.This property is a proven income-producing vacation rental with strong rental history and future bookings already in place. In 2025, the home generated $43,257.28 in rental revenue. As of June 2, 2026, it has already produced $18,472.78 year-to-date, with 8 future reservations estimated to generate an additional $13,092.57 in rental income that will transfer to the buyer.Conveniently located near the front gate of the community, this home offers easy access for pet owners, with a quick path for walking dogs just outside the neighborhood. You're also within walking distance of Venture Out's outstanding amenities, including a heated saltwater waterfront pool, swimming lagoon, private boat ramp, tennis courts, pickleball courts, bocce courts, basketball courts, marina store, community center, and more.Whether you're seeking a personal island retreat, a seasonal getaway, or an investment property with immediate income potential, this home offers the perfect combination of comfort, convenience, and Florida Keys charm.

Facts & features

Home type

Residential

Year built

1999

Price per sq ft

$564

HOA

$1,560 / quarterly

Parking

1-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fan(s)

  • Appliances

    Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer

  • Flooring

    Tile, Vinyl

  • Roof

    Metal

  • Exterior

    Tennis Court(s), Rain Gutters, Storage, Lighting

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,221 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,592
  • Property tax $487
  • Insurance $142

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Bluescape Real Estate

Broker Name

Bluescape Real Estate

Agent

Kelly Gardner