125 Colson Drive, Cudjoe Key, FL 33042
New Listing
$2,195,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,903
Lot Size (sq. ft.):
68,400
Status:
Active
Current Price:
$2,195,000
List Date:
6/12/2026
Last Modified:
6/12/2026
Overview
Description
...
(Read more)
TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY
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.
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.
Listing Details MLS# 620252
Location, Tax & Legal
- Street #
- 125
- Street Name
- Colson
- Street Suffix
- Drive
- Key/Island
- Cudjoe Key
- State/Province
- FL
- Zip Code
- 33042
- County
- Monroe
- Subdivision
- Cudjoe Acres (21.5)
- Area
- 07 - Cudjoe Key
- City
- Cudjoe
- Mile Marker
- 21.5
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- VE,VE,VE
- Alternate Key #
- 1147435
- Parcel #
- 00115840-000201
- Zoning
- SR - Sub Urban Residential District
- Deed Restrictions
- Unknown
- Legal
- 29 66 28 CUDJOE KEY PT LOT 2 / PARCELS B, AA, BB, CC AND UNDIVIDED 1/8 INT IN ROAD PARCEL UNRECORDED SACARMA ACRES OR567
- Taxes
- 12849.65
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida Keys
- As is Rght to Inspct
- Yes
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- No
- Pool
- Yes
- Year Built
- 1986
- Lot SqFt
- 68400
- Lot Sqft Source
- Tax Records
- Acres
- 1.57
- Living Apx SqFt
- 1903
- SqFt Source
- Tax Records
- Total Bedrooms
- 4
- Full Baths
- 2
- Total Baths
- 2
- Rentals Allowed
- Yes
- Min Rental Days
- Yes
- Control Depth
- 0
- Total Units
- 0
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
License Info
- # of County License
- Yes
- Transient Rntl Licns
- Yes
More Information
Building Style
- Above Flood
- Yes
- Stilt Column Height
- Tall - 10Ft & Over
Financial Status
- Standard Sale
- Yes
Remarks & Misc
- Remarks – Consumer
- TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY 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. 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.
- Directions
- Cudjoe Key Overseas Highway to Colson.
Fee Includes
- Sewer
- Yes
- Other
- Yes
Dockage
- None
- Yes
Tax Exemptions
- None
- Yes
Pets
- Pets Allowed
- Yes
Waterfront
- None
- Yes
Waterview
- Open Water View
- Yes
Specialty Rooms
- Other
- Yes
Vehicle Storage
- Guest Parking
- Yes
- Open Parking
- Yes
- RV Parking Open
- Yes
- Trailer Storage
- Yes
Construction
- Frame
- Yes
Land Size
- 1 Less Than 2 Acres
- Yes
Furnished
- Negotiable
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
Exterior Features
- Fencing
- Yes
- Privacy Wall/Fence
- Yes
Pool Info
- In Ground
- Yes
- Decked
- Yes
Shutters
- Accordion
- Yes
- Panel
- Yes
Property Features
Fee Includes:
Sewer; Other
Tax Exemptions:
None
Waterfront:
None
Waterview:
Open Water View
Dockage:
None
Vehicle Storage:
Guest Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished:
Negotiable
Utilities:
Buyer to Verify; FKAA
Specialty Rooms:
Other
Exterior Features:
Fencing; Privacy Wall/Fence
Pool Info:
In Ground; Decked
Construction:
Frame
Shutters:
Accordion; Panel
Pets:
Pets Allowed
Land Size:
1 Less Than 2 Acres
Terms:
Cash; Conventional
Listing Office:
American Caribbean Real Estate, Christie's International Real Estate
Last Updated: June - 12 - 2026
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 being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.