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Ernesto Portuondo

ernie@ernieportuondore.com +1(305) 336-8874

Listed by Steven Koleno Beycome of Florida, LLC

$ 869,000

Est. payment | -/mo

2 Beds

2 Baths

864 SqFt

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$ 869,000

Est. payment | -/mo

Save

2 Beds

2 Baths

864 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $1,005

Subdivision Venture Out (23.0)

MLS Listing ID 620930

Style Above Flood

Bedrooms 2

Full Baths 2

HOA Fees $1,019/qua

HOA Y/N Yes

Year Built 2001

Annual Tax Amount $4,316

Tax Year 2025

Lot Size 2,045 Sqft

Acres 0.05

Lot Dimensions X

Property Sub-Type Single Family Residence

Land Area 864

Property Description

Welcome to your own slice of paradise in the Florida Keys! This beautifully renovated 2-bedroom, 2-bath waterfront (35' seawall dock) home is located in the highly desirable Venture Out Resort, one of the Keys' premier gated waterfront communities. Whether you're looking for a profitable rental, a seasonal getaway, or your forever island home, this property has the perfect combination of luxury, recreation, and exceptional investment potential. This home has an established rental history and consistently generates over $110,000 in annual gross rental income(rent rolls available), making it an outstanding turnkey investment. The home comes fully furnished and equipped, allowing the next owner to continue renting immediately or begin enjoying it from day one. The waterfront setting allows you to launch your boat, return to your own 35-foot dock, and spend your days enjoying everything the Keys is all about. The property also includes recreational equipment such as kayaks, bicycles, outdoor games, and a grill, creating an unforgettable experience for both owners and guests. Conveniently located in the lower keys on Cudjoe Key, the property is close to Key West with easy access to world-class restaurants, shopping, nightlife, fishing, diving, snorkeling, and endless boating opportunities. Marathon is also just a short drive away, placing you in the center of everything. Whether you're seeking a high-performing rental, a waterfront retirement retreat, or the perfect family vaca home, this property delivers on every level. Opportunities to own a fully renovated, income-producing waterfront home with proven rental performance in Venture Out are rare.

Location

State FL

County Monroe

Area 07 - Cudjoe Key

Zoning URM - Urban Res Mobile Home District

Direction Drive west on US 1/Overseas Highway. Left to Spanish Main Drive. Left to Pelican Lane. Left to North Eagle Nest Drive. Turn right. Property is on the right.

Interior

Heating Central

Cooling Central Air, Ceiling Fans(s)

Appliance Dryer, Washer, Dishwasher, Microwave, Oven, Range, Refrigerator

Exterior

Utilities Available Electric Separate Meter, Cable Available, FKAA, Municipal Sewer, Water Separate Meter

Waterfront Description Canal Front

Garage No

Building

Architectural Style Above Flood

Others

HOA Fee Include Common Area Mnt,Security

Tax ID 00188681056100

Acceptable Financing Cash, Conventional, VA Loan, FHA

Listing Terms Cash, Conventional, VA Loan, FHA

Pets Allowed Yes

701 Spanish Main DR Cudjoe Key, FL 33042

Ernesto Portuondo

Key Details

Location

Interior

Exterior

Building

Others

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701 Spanish Main DR