Water Views
Address
125 Colson Drive, Cudjoe Key, FL
Price
$ 2,195,000
Property Attributes
- MLS#620325
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityCudjoe Key
- AreaCudjoe Key
- NeighborhoodCudjoe Acres
- Zip33042
- StyleSingle Family
- Year Built1986
- Taxes$ 12849
- Price$ 2,195,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1903
- Lot Size1.57 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description
TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITYCasa De Las PalmasRarely 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 treesFuture 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.
| Price History | |
|---|---|
| 6/19/2026 | Listed $2,195,000 |
General Features
| Living Area | 1903.00 |
|---|---|
| Construction | Frame |
| Utilities | FKAA,Buyer to Verify |
| Appliances | Refrigerator,Oven |
| Flood Zone | VE,VE,VE |
| Zoning | SR - Sub Urban Residential District |
| HOA Fee | 0.00 |
| Pets Allowed Y/N | Pets Allowed |
| Status | Active |
| Full Baths | 3 |
| Year Built | 1986 |
| Subdivision | Cudjoe Acres (21.5) |
| Style | Single Family |
| View | Open Water View |
| Property Type | A |
| Fee Includes | Sewer,Other |
| Acres | 1.57 |
| Lot Sqft | 68400.00 |
| Rental Allowed | Yes |
| Building Style: Above Flood | Yes |
| Building Style: Stilt Column Height | Tall - 10Ft & Over |
| Dockage | None |
| Min Rental Days | 1.00 |
| License Info: Transient Rntl Licns | Yes |
| License Info: # of County License | 1 |
Interior Features
| Total Units | 0.00 |
|---|---|
| Furnished Y/N | Negotiable |
| Specialty Rooms | Other |
| Appliances: Other | YES |
Exterior Features
| Exterior Amenities | Fencing,Privacy Wall/Fence |
|---|---|
| Pool | Yes |
| Waterfront | None |
| Lot Size | 4 lots plus easement total of just under 2 acres |
| Land Size | 1 Less Than 2 Acres |
| Pool Info | In Ground,Decked |
| Public Sewer Hookup | Yes |
| Shutters | Accordion,Panel |
| Side | Ocean |
| Vehicle Storage | Open Parking,Trailer Storage,RV Parking Open,Guest Parking |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33042
Price
Taxes
Year Built
Visits
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 15, 2026 9:35 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
