701 Spanish Main Dr #543 · Cudjoe Key, FL 33042

$329,000

1 bd · 1.5 ba · 748 sqft · Manufactured public records · 435 Days on market

Built 1988 2,009 sqft lot Est $481k · 32% under $513/mo HOA · 17% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• Cash flow +8.1/30.0
• Schools +4.6/10.0
• 1% rule +4.1/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0

Listing remarks MLS

2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

Key facts

• Metal roof
• Spacious corner lot
• Tiled countertop

Tags

• SPACIOUS CORNER LOT
• ACTIVE VACATION RENTAL
• TURN-KEY VACATION RENTAL
• TILED COUNTERTOP
• VINYL SIDING
• METAL ROOF

Property features AI

Finance

• Other: Location: Spanish Main Drive, Venture Out community (MM 23); Subdivision: Venture Out; Flood zone: AE; Zoning: Urban Res Mobile Home Limited District; Lot size less than 1/4 acre
• Financial info: Cash and other terms accepted; Short-term rentals allowed (minimum 1 day); Deed restrictions apply; Pets allowed with restrictions (maximum 2 pets)
• HOA & community: Mandatory homeowners association; Quarterly association fee; Association fee covers common area maintenance and security; Manager on premises; Clubhouse and other community facilities; Handicap facilities

Exterior

• Parking: Off-street parking (1 car)
• Security: Electric gate; Manned gate; Patrolled area; Community security included in association
• Utilities: FKAA water; Water on a separate meter; Electric on a separate meter; Municipal sewer / public sewer hook-up; Cable available; Buyer to verify utilities
• Home design: Manufactured home; Single-story; Short stilt elevation (4 ft and under); Ocean side location in a gated community
• Construction: Built in 1988; Metal roof; Manufactured construction
• Exterior features: Gutters; Landscape lighting; Tennis court; Community pool and spa; In-ground concrete pool with decking (tidal/salt water, oceanfront); Community boat ramp

Interior

• Kitchen: Refrigerator; Oven; Range; Microwave; Dishwasher
• Bedrooms: Furnished
• Flooring: Tile floors
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating; Central A/C; Ceiling fans
• Interior features: Drapes and blinds included; Smoke alarms; Ceiling fans; Central heating; Central A/C
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath manufactured listed at $329k.

Deal economics

• At list price, monthly cash flow is $-746 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $197k (40.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $300k (8.7% below list).
• Recommended offer: $197k (40.0% below list) — sets the bar for cash-flow.
• Cap rate 5.1% vs local median 1.5% in Cudjoe Key — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 59/100 on livability (#811 in FL) — a working-class tenant base; expect higher turnover. Strengths: crime A+, employment A+, housing B; Watch: schools D, health & safety D, amenities F.
• Monroe (town): math 50% / reading 55% proficiency, ranked #23 of 73 in FL (top 32%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 244 active listings in the ZIP; solid renter incomes; 332 units permitted in Monroe County in 2024 (42 in 5+ unit buildings).
• This rent runs 35% of the median local income ($103k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $35k of equity ($2k loan paydown + $33k appreciation (10.0% local appreciation)).
• Monroe County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$57k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 435 days — a 12% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y ago; this cycle's ask has dropped $98k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $197,266 (40.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 435 days. Have you received any prior offers? Is the seller open to a 40% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 5.13%
• Cash-on-cash: -4.16%
• DSCR: 0.82
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $480,964
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
701 Spanish Main Dr #641	0.16mi	2/1.0 (+1)	738 (-1%)	2mo	$278,000	$377	82
701 Spanish Main Dr #625	0.08mi	2/1.0 (+1)	720 (-4%)	4mo	$291,000	$404	80
701 Spanish Main Dr Unit 333\334	0.20mi	2/2.0 (+1)	766 (+2%)	2mo	$750,000	$979	78
701 Spanish Main Dr #510	0.03mi	2/2.0 (+1)	816 (+9%)	1mo	$525,000	$643	76
701 Spanish Main Dr #415	0.12mi	2/2.0 (+1)	754 (+1%)	13mo	$550,000	$729	75
701 Spanish Main Dr #457	0.05mi	2/1.0 (+1)	664 (-11%)	2mo	$200,000	$301	70
701 Spanish Main Dr #573	0.06mi	2/2.0 (+1)	816 (+9%)	11mo	$600,000	$735	66
701 Spanish Main Dr #280	0.27mi	1/1.0	816 (+9%)	7mo	$420,000	$515	64
701 Spanish Main Dr #414	0.12mi	2/1.5 (+1)	675 (-10%)	10mo	$350,000	$519	64
701 Spanish Main Dr #21	0.43mi	1/1.0	690 (-8%)	1mo	$280,000	$406	64
701 Spanish Main Dr #214	0.42mi	2/2.0 (+1)	779 (+4%)	5mo	$870,000	$1,117	62
701 Spanish Main Dr #390	0.11mi	2/2.0 (+1)	828 (+11%)	12mo	$650,000	$785	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.5%
• Equity multiple: 2.44×
• Total profit: $132,252
• Equity at exit: $296,389

10-year hold

• IRR: 16.5%
• Equity multiple: 5.65×
• Total profit: $427,932
• Equity at exit: $639,175

Cash invested: $92,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33042

• Home prices YoY: 2.5%
• Active inventory: 244
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $3,004 medium
• Mortgage (P&I): −$1,725
• Tax from tax record: −$317 /mo · $3,801/yr
• Insurance: −$137
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$513
• Vacancy / Maint / Mgmt: −$631
• Net cashflow: $-746

Break-even live

Break-even rent $3,948

Max offer price $197,266

Occupancy floor —

Sensitivity live

Price	-10% $-559	-5% $-653	+0% $-746	+5% $-839	+10% $-932
Rent	-10% $-983	-5% $-864	+0% $-746	+5% $-627	+10% $-508
Rate	-1.0pp $-580	-0.5pp $-662	base $-746	+0.5pp $-831	+1.0pp $-918

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $82,250
• Closing costs: $9,870
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $513 · $6,156/yr
• Likely covers: waterpoolsecurity

Listing history 44 events

1. 2026-06-22
   days on market $329,000 Active 435 DOM
2. 2026-06-19
   days on market $329,000 Active 432 DOM
3. 2026-06-18
   days on market $329,000 Active 431 DOM
4. 2026-06-17
   days on market $329,000 Active 430 DOM
5. 2026-06-16
   days on market $329,000 Active 429 DOM
6. 2026-06-15
   days on market $329,000 Active 428 DOM
7. 2026-06-14
   days on market $329,000 Active 426 DOM
8. 2026-06-13
   days on market $329,000 Active 425 DOM
9. 2026-06-10
   days on market $329,000 Active 423 DOM
10. 2026-06-09
    days on market $329,000 Active 422 DOM
11. 2026-06-08
    days on market $329,000 Active 421 DOM
12. 2026-06-07
    days on market $329,000 Active 420 DOM
13. 2026-06-05
    days on market $329,000 Active 417 DOM
14. 2026-06-03
    days on market $329,000 Active 416 DOM
15. 2026-06-02
    days on market $329,000 Active 415 DOM
16. 2026-06-01
    days on market $329,000 Active 414 DOM
17. 2026-05-31
    days on market $329,000 Active 413 DOM
18. 2026-05-30
    days on market $329,000 Active 412 DOM
19. 2026-04-08
    price $329,000
20. 2026-03-27
    price $339,000
21. 2026-03-18
    price $349,000
22. 2025-08-03
    price $374,000
23. 2025-07-08
    price $399,000
24. 2025-04-30
    price $407,000
25. 2025-04-13
    listed $427,000 Active
26. 2023-04-12
    soldstatus $371,000
27. 2023-04-10
    historical 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

28. 2023-04-07
    soldstatus $371,000 Closed 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

29. 2023-04-05
    status Pending 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

30. 2023-01-31
    historical Contingent (Show) 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

31. 2023-01-03
    status Active 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

32. 2022-12-31
    historical Contingent (Show) 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

33. 2022-12-21
    listed $351,000 Active 1267-char remark

    Show marketing remark (1267 chars)

    2 Beds. 1.5 Bath Transient rental vacation home, with updated interior and amenities located in a spotlessly clean gated community with 24 hr. security. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Boat trailer parking and boat ramps available. Venture Out at Cudjoe Cay is a private and individually owned residential condominium community. We are a community with 24 hr. gated security and patrol, two pets are allowed, no age restrictions, and transient rentals are permitted. There is an abundance of amenities; heated pool, hot tub, marina with ship store, fuel dock, two boat ramps, fish cleaning & water rinse down station, two tennis courts, bocce ball, two pickleball courts, basketball, playground rec hall, and pavilion. Over 4 miles of wide paved streets, owner's storage lot and overflow parking. Lots of activities from yoga, pool aerobics, to pancake breakfast on Saturday, church and bingo! So much to do! Never have to leave! It's your time to find your Happy Place.

34. 2015-06-02
    soldstatus $120,000
35. 2015-05-27
    soldstatus $120,000 632-char remark

    Show marketing remark (632 chars)

    Nicely remodeled mobile home in Venture Out Resort gated community. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable Washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Move-in ready! Venture Out amenities include pool, tennis courts, basketball, bocce, boating ramp, marina store, onsite fuel, boat trailer parking, overflow parking, daily and weekly rentals allowed with good rental history and so much more.

36. 2014-09-08
    listed $135,000 632-char remark

    Show marketing remark (632 chars)

    Nicely remodeled mobile home in Venture Out Resort gated community. Comfortable vacation rental selling complete with furnishings. Kitchen has lots of cabinets, tiled countertops open to dining area. Tile flooring throughout, central AC & heat, all appliances, stackable Washer/dryer. Lots of built in storage in bedrooms and hallway. Vinyl siding and metal roof for easy maintenance. Move-in ready! Venture Out amenities include pool, tennis courts, basketball, bocce, boating ramp, marina store, onsite fuel, boat trailer parking, overflow parking, daily and weekly rentals allowed with good rental history and so much more.

37. 2007-09-10
    soldstatus $240,000
38. 2007-09-07
    soldstatus $240,000
39. 2007-09-05
    listed $259,000
40. 2006-10-09
    historical
41. 2004-09-01
    listed $250,000
42. 2002-04-18
    soldstatus $86,000
43. 2000-12-14
    soldstatus $75,000
44. 1974-02-01
    soldstatus $6,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,801 · $317/mo
• Projected year-2 tax: $3,801 · $317/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,046
• − Mortgage interest: −$18,429
• − Property taxes: −$3,801
• − Insurance: −$6,764
• − Repairs & maintenance: −$2,884
• − Management: −$2,884
• − HOA: −$6,156
• − Depreciation: −$9,571
• Taxable loss: −$14,443
• Est. tax savings @ 24.0%: +$3,466
• After-tax cash flow: $-5,482/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Monroe
• NCES district ID: 1201320
• Math proficiency: 50% ▼ -14.00%
• Reading proficiency: 55% ▼ -6.00%
• Median HH income: $56,955
• Composite: 45.51/100
• National rank: #2608
• State rank: #23 of 73 in FL

Livability — Cudjoe Key

• Score: 59/100
• State rank: #811
• US rank: #19681

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing B Health & safety D User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cudjoe Key, FL
• County: Monroe County · 66,185 people
• City population: 6,781
• Metro: Key West, FL
• Population (ZIP): 6,441
• Household income: $103,041
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 146.0

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 90,706 people
• By 2030: 96,308 · +6.2%
• By 2040: 106,565 · +17.5%
• By 2050: 116,500 · +28.4%
• By 2075: 141,423 · +55.9%
• By 2100: 151,947 · +67.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 12% Hispanic / Latino 12% Black 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Cuban 5%
• Common ancestry: Romanian 3% Slovak 3% Iranian 3%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 5% Russian/Polish/Slavic 1% German/W. Germanic 1%

Political lean MEDSL · Monroe

• 2024 margin: R (+18.3) · D 40.5% · R 58.8%
• 2008→2024 swing: -23.2pp toward R · 2008: 4.9pp · 2024: -18.3pp
• All cycles: 2024: R+18.3 2020: R+7.9 2016: R+6.9 2012: D+0.4 2008: D+4.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.11%
• Current HPI: 491.52
• Rent YoY: —
• Metro: Key West, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+4961.5% since first listed

26 events — show timeline

• 2026-04-08 Price Changed $329,000 FLKMLS
• 2026-03-27 Price Changed $339,000 FLKMLS
• 2026-03-18 Price Changed $349,000 FLKMLS
• 2025-08-03 Price Changed $374,000 FLKMLS
• 2025-07-08 Price Changed $399,000 FLKMLS
• 2025-04-30 Price Changed $407,000 FLKMLS
• 2025-04-13 Listed $427,000 FLKMLS
• 2023-04-12 Sold (Public Records) $371,000 Public Records
• 2023-04-10 Listing Removed — FLKMLS
• 2023-04-07 Sold (MLS) $371,000 FLKMLS
• 2023-04-05 Pending — FLKMLS
• 2023-01-31 Contingent — FLKMLS
• 2023-01-03 Relisted — FLKMLS
• 2022-12-31 Contingent — FLKMLS
• 2022-12-21 Listed $351,000 FLKMLS
• 2015-06-02 Sold (Public Records) $120,000 Public Records
• 2015-05-27 Sold (MLS) $120,000 FLKMLS
• 2014-09-08 Listed $135,000 FLKMLS
• 2007-09-10 Sold (Public Records) $240,000 Public Records
• 2007-09-07 Sold (MLS) $240,000 FLKMLS
• 2007-09-05 Listed $259,000 FLKMLS
• 2006-10-09 Listing Removed — FLKMLS
• 2004-09-01 Listed $250,000 FLKMLS
• 2002-04-18 Sold (Public Records) $86,000 Public Records
• 2000-12-14 Sold (Public Records) $75,000 Public Records
• 1974-02-01 Sold (Public Records) $6,500 Public Records

Property tax history

+6.0%/yr

Latest (2025): $3,801 · +7.9% YoY. Source: county tax records.