$2,195,000
 $11,783 est/mo Sourced by Back At You

125 Colson Drive,Cudjoe, FL 33042

Cudjoe, FL 33042

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Description

TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY Casa De Las Palmas Rarely does a Florida Keys property combine proven income, privacy, and future potential like this. Situated on nearly two acres spanning four lots, this unique compound offers a coveted transient license allowing nightly rentals and a well-established vacation rental business with a strong history of performance. Historically generating over $200,000 annually, with recent projections ranging from $250,000 to $300,000, this is an outstanding opportunity for investors, vacation rental operators, or buyers seeking a premier 1031 Exchange replacement property. More than just a rental property, this is a proven income-producing asset with an established guest base, and delivering the authentic Florida Keys experience that visitors seek. Rather than starting from scratch, a new owner can step into a property with a successful operating history and demonstrated demand. The property features a 4-bedroom, 2-bath main residence, relaxing pool, expansive outdoor living areas, and a separate concrete guest structure complete with bedroom, bath, and kitchenette. Fully fenced with two private entrances, the grounds offer exceptional privacy, abundant tropical landscaping, fruit trees, palms, and ample space for RVs, boat trailers, and recreational equipment. Over 100 Palm trees Future upside may exist through additional development opportunities, expansion of the existing compound, or further enhancement of the guest experience, subject to buyer verification and applicable regulations. Properties offering a transient license, multiple lots, substantial acreage, proven income, and future potential are increasingly rare in today's Florida Keys market. Whether you're seeking a high-performing vacation rental, a strategic 1031 Exchange acquisition, or a private Florida Keys retreat, this property is positioned to deliver value and Solid ROI from day one.

Details

MLS #620325
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1986
Days On Site63
Listing Provided ByAmerican Caribbean Real Estate, Christie's International Real Estate | Mykael A. Marinelli

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet1,903
PoolYes
ZoningSR - Sub Urban Residential Distr
Acreage1.57
Water FrontNone
Property ViewOpen Water View

Taxes

Property12849

Area Information

StateFL
CountyMonroe
CityCudjoe
Zip Code33042
Area07 Cudjoe Key
Community NameCudjoe Acres (21.5)
Listing VS Median (in Cudjoe Acres (21.5))
Price:
$2,195,000
low | high
Med:
$2,195,000
50% of Average
sqft:
1,903
low | high
Med:
1,903
50% of Average
$ / sqft:
$1,153
low | high
Med:
$1,153
50% of Average
On site:
63
low | high
Med:
63
100% of Average
Sourced by Back At You

Market Activity 33042

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Learn More About This Property

StateFL
CountyMonroe
CityCudjoe
Zip Code33042
Area07 Cudjoe Key
Community NameCudjoe Acres (21.5)
Listing VS Median (in Cudjoe Acres (21.5))
Price:
$2,195,000
low | high
Med:
$2,195,000
50% of Average
sqft:
1,903
low | high
Med:
1,903
50% of Average
$ / sqft:
$1,153
low | high
Med:
$1,153
50% of Average
On site:
63
low | high
Med:
63
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.646M - $2.743M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
125 Colson Drive Property Photo 1
$2,195,000
125 Colson Drive
Cudjoe, FL 33042
21250 Conch Drive Property Photo 1
$1,399,000
21250 Conch Drive
Cudjoe, FL 33042
Listing Updated: July 6, 2026 at 3:14:26 PM PDT
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