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    701 Spanish Main Dr Cudjoe Key, FL 33042

    New
    For Sale
    $495,000

    Vacant Land - Cudjoe Key, FL

    Days on Market:
    4
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 701 Spanish Main Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RV - Recreational Vehicle District
    APN
    00188681-037100

    Utilities

    Water front features
    Canal Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155 [email protected]

    Listing agent Debra Schoepe-Morgan (305) 294-5155 License #3607488

    Listing date Dec 3, 2025

    MLS# 617560 Listing URL

    Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Vacant Land Opportunity

    This vacant waterfront lot, located in the Venture Out community, presents a rare opportunity. The property features a 35 ft seawall. The previous home has been removed, leaving the lot vacant and ready for development. The Recreational Vehicle District zoning (RV) allows for the construction of a new home or the installation of a cement slab for RV use. The site can also be rented to RV users who desire waterfront access for their boats, with convenient access to open water and the marina. The property offers views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cudjoe Key
    County
    Monroe
    State
    Florida
    Longitude
    -81.473248
    Latitude
    24.658094

    Nearby Similar for Sale

    • $600,000

      Oceanfront Lot in Gated Community

      Buildable, RV-ready lot with deep water access and vacation rental history.
      701 Spanish Main Dr, Cudjoe Key, FL 33042
      View Details
    • $1,395,000
      1,250 SF

      Cudjoe Key Commercial Redevelopment Site

      High-yield, 3+ acre Overseas Hwy property.
      21423 Overseas Hwy, Cudjoe Key, FL 33042
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Waterfront vacant lot with seawall in Venture Out community.
    Where is this residential land & home lot located?
    The property is located at 701 Spanish Main Dr Cudjoe Key, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Waterfront property with **35 ft seawall**; - Vacant lot ready for new construction or RV use; - Located in the Venture Out community
    (305) 294-5155
    Request Owner's contact information
    701 Spanish Main Dr Cudjoe Key, FL 33042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Spanish Main Dr Cudjoe Key, FL 33042
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