701 Spanish Main Dr # 536, Lower Keys FL 33042, LOWER KEYS, FL, 33042
Active174 days on marketListed Feb 15, 2026MLS #A11979130
About this home
701 Spanish Main Dr # 536, Lower Keys FL 33042
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.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
726
Sqft
1986
Year built
$482
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,193 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,193/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Cudjoe Key
Get to know Lower Keys. See the full Lower Keys guide →
Cudjoe Key — neighborhood snapshot
Population
2,478
Median age
56
Median income
$86,166
Median home value
$755,350
Avg household
2
Households w/ children
209
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lower Keys market
$1.2M → $1.2M
Lower Keys median sold, yr/yr
This home is listed 55% below the LOWER KEYS 33042 median. See the full Lower Keys market guide →
Paper trail
This home's history
Reality check
What actually sold near 701 Spanish Main Dr # 536
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$685,000
701 Spanish Main Dr # 77, Lower Keys FL 33042 · same community
2 bd · 1 ba · 864 sqft · $793/sqft · 163 DOM
Sold · Jun ’26$560,000
22963 Anne Bonny Ln, Sugarloaf FL 33042
3 bd · 2 ba · 834 sqft · $671/sqft · 3 DOM
Sold · Oct ’25$990,000
Nearby listing
3 bd · 3 ba · 1,080 sqft · $917/sqft · 139 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 701 Spanish Main Dr # 536 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 701 Spanish Main Dr # 536 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
701 Spanish Main Dr # 536 FAQs
What would the monthly payment be for 701 Spanish Main Dr # 536, Lower Keys FL 33042?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,193/mo — principal and interest, the actual property-tax bill, the $513/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 701 Spanish Main Dr # 536, Lower Keys FL 33042?+
The association fee works out to $513 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 701 Spanish Main Dr # 536, Lower Keys FL 33042?+
The most recent tax bill on record (2025) was $3,657. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 701 Spanish Main Dr # 536, Lower Keys FL 33042?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lower Keys?+
At $350,000, this home is listed about 62% below the Lower Keys median of $912,500. The market section on this page shows how the area is trending.
Which schools are assigned to 701 Spanish Main Dr # 536, Lower Keys FL 33042?+
Key West High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the LOWER KEYS 33042 market on paper
$350,000 is 55% below the LOWER KEYS 33042 median of $775,000, and at $482/sqft it sits under the Lower Keys average of $689.
02Ocean View views
The ocean view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $513/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
174 days on market against a Lower Keys median of 42 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $375,000, now $350,000 — a $25K cut. The full history is in the market section below.
Listing courtesy of EXP Realty LLC · Monika Rydzak. MLS #A11979130.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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