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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11979130
$350,000

701 Spanish Main Drive 536, FL 33042

Beds
2
Baths
1
Sqft
726
Est. payment$2,810/mo
Home type
Condominium
Year built
1986
Lot size
—
Price / sqft
$482
HOA
$514/mo
Community
VENTURE OUT

Property description

Welcome to your slice of the Florida Keys lifestyle! This charming beach-themed retreat is the perfect blend of cozy comfort and coastal style. This 2-bedroom, 1-bathroom turnkey home is move-in ready — whether you're looking for a full-time residence, vacation getaway, or income-producing rental. Step inside to a fresh, inviting living space designed for relaxed island living. The bright white kitchen pops with marble countertops and a stunning blue tile backsplash, bringing those breezy ocean vibes right into your home. It's light, cheerful, and perfect for entertaining friends and family after a day on the water. And here's the best part — even though this property sits on a dry lot, you still enjoy beautiful open water views. Venture Out is one of the most sought-after gated communities in the Lower Keys, known for its active lifestyle and incredible amenities: Heated community pool, Marina & boat ramp with direct ocean and Gulf access, Tennis & pickleball courts, Basketball courts, Private convenience store, Children's playground & pool, Recreation hall, 24-hour gated security. Bring your boat, your golf cart, and your flip-flops — this neighborhood was made for enjoying the water. Located just 20 miles from Key West, you're close enough for dining, nightlife, and the airport — but far enough away to enjoy peaceful island living. If you've been dreaming of a cozy, beach-inspired Keys escape with income potential and resort-style amenities... this is the one.

Listing activity

Days on market
250
Listed
Feb 15, 2026
MLS listing updated
Jul 7, 2026
Feed last checked
Just now

Listed by Monika Rydzak · EXP Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Flooring
Carpet, Tile
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished
Furnished

Heating & cooling

Heating
None
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Open
Attached garage
No

Exterior

Stories
1
Building area
806 sqft
Entry level
1
Patio & porch
Patio, Deck
Other structures
Shed(s)
View
Ocean
Waterfront
No Fixed Bridge
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
1986
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
VENTURE OUT
MLS area
5940 - Other Florida County
MLS subarea
Other
Security
Security Fence, Security Guard
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,540 quarterly
Estimated monthly dues
$514
Amenities
Maintenance, Pool, Basketball Court, Billiard Room, Clubhouse, Community Room, Heated Pool, Laundry, Picnic Area, Playground, Spa/Hot Tub, Tennis Court(s)
Services included
Pool Service, Common Areas, Maintenance Grounds, Security
Lease details

Not reported by the listing source.

Location

Area details

County
Monroe
ZIP code
33042
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11979130
Possession
Close Of Escrow
Original list price
$375,000
Parcel number
00188681053800
Annual property tax
$3,657
Tax year
2025
Tax legal description
LT 536 VENTURE OUT AT CUDJOE CAY, A CONDO (PB6-56) OR467-30DEC OR551-793 OR881-976 OR905-362 OR1442-616 OR2669-1317 OR2678-834 OR2701-170 OR
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Basketball Court, Billiard Room, Clubhouse, Community Room, Heated Pool, Laundry, Picnic Area, Playground, Spa/Hot Tub, Tennis Court(s)
Association Fee Frequency
Quarterly
Association Fee Includes
Pool Service, Common Areas, Maintenance Grounds, Security
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
806
County Or Parish
Monroe
Days On Market
250
Elementary School
Sugarloaf
High School
Key West
List Price
350000
Listing Contract Date
2026-02-15
Living Area
726
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Middle Or Junior School
Sugarloaf
Mls Status
Active
On Market Date
2026-02-15
Patio And Porch Features
Patio, Deck
Photos Count
27
Postal Code
33042
Price Change Timestamp
2026-06-24T04:58:20Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Security Fence, Security Guard
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-02-15T05:00:00Z
Stories Total
1
Subdivision Name
VENTURE OUT
Waterfront Features
No Fixed Bridge
Tax Annual Amount
3657
Bathrooms Full
1
Bedrooms Total
2
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
514

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 15, 2026ListedMIAMI REALTORS® MLS$375,000$517/sqft
Jun 24, 2026Price reducedMIAMI REALTORS® MLS$350,000$482/sqft

Public tax history

YearProperty taxesAssessment
2025$3,657—

Payment calculator

Estimated monthly payment$2,810/moIllustrative estimate, not a loan offer.
Principal & interest
$1,816
Property taxes
$305
Insurance
$175
Association dues
$514

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

VENTURE OUT

Monroe County · 33042

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

SugarloafElementary
—
SugarloafMiddle
—
Key WestHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

3 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of EXP Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.