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21470 Overseas Highway, Cudjoe Key, FL 33042

$6,290,000
Property Type: Commercial Sale Bedrooms: 13 Baths: 7 Lot Size (sq. ft.): 52,685 Status: Active
Current Price: $6,290,000 List Date: 2/18/2026 Last Modified: 2/19/2026

Overview

Description

Rare income-producing open-water compound on Cudjoe Key featuring 5 cottages plus a spacious main house. This gated, turnkey waterfront property offers direct open-water views, private dockage with ample boat space, on-site boat ramp, swimming pool, and lush tropical landscaping. Ideal for vacation rental income, corporate retreat, or private family compound. Each unit is well-appointed for guest comfort and positioned to maximize privacy. Excellent boating access to world-class fishing and diving. Strong investment opportunity in the Lower Keys with established income potential. Zoned Sub Urban Residential with one Buildable Sub Urban Commercial Lot, verify with the County. Included Parcel#'s Sub Urban Residential 00174920-000200, 00174920-000300, 00174920-000400, 00174920-000000, 00174920-000100, 00174920-000500. Sub Urban Commercial 00174920-000600. Owner is licensed Realtor The property is also listed with 9 additional units MLS #612522.

Listing Details MLS# 618705

Location, Tax & Legal

Street #
21470
Street Name
Overseas
Street Suffix
Highway
Key/Island
Cudjoe Key
State/Province
FL
Zip Code
33042
Subdivision
Sacarma (21.0)
County
Monroe
Area
07 - Cudjoe Key
City
Cudjoe
Off Shore Island
No
Mile Marker
21
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
VE,AE
Alternate Key #
9026370
Add'l Parcel #1
00174920-000100
Parcel #
00174920-000600
Add'l Parcel #2
00174920-000200
Zoning
SR - Sub Urban Residential District
Legal
See documents tab
Taxes
29313.6
Tax Year
2025

Contract Information

Listing Board
Marathon/Lower Keys
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
52685
Waterfront
Yes
Control Depth
2
Business Name
Cudjoe Cottage
Total # Buildings
4
Total Units
6
Year Built
1977
Total Bedrooms
13
Full Baths
7
Total Baths
7
Building SqFt
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Property Info

# Boat Slips
4
# Kitchens
6
# Refrigerators
6
# Range/Ovens
6
2 Bed/Bath
5
3 Bed/Bath
Yes

More Information

Dockage

Dock
Concrete
Boat Ramp
Yes

Vehicle Storage

Car(s)
4+
Guest Parking
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Rare income-producing open-water compound on Cudjoe Key featuring 5 cottages plus a spacious main house. This gated, turnkey waterfront property offers direct open-water views, private dockage with ample boat space, on-site boat ramp, swimming pool, and lush tropical landscaping. Ideal for vacation rental income, corporate retreat, or private family compound. Each unit is well-appointed for guest comfort and positioned to maximize privacy. Excellent boating access to world-class fishing and diving. Strong investment opportunity in the Lower Keys with established income potential. Zoned Sub Urban Residential with one Buildable Sub Urban Commercial Lot, verify with the County. Included Parcel#'s Sub Urban Residential 00174920-000200, 00174920-000300, 00174920-000400, 00174920-000000, 00174920-000100, 00174920-000500. Sub Urban Commercial 00174920-000600. Owner is licensed Realtor The property is also listed with 9 additional units MLS #612522.
Directions
LA must accompany, do not walk on property, do not disturb guests

Deed Restrictions

No
Yes

License Info

Other/See Remarks
Yes

Type

Hotel/Motel
Yes

Fee Includes

None
Yes

Accounts & Meters

# Water Meters
6
# Electric Meters
6

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Waterfront

Bay Front
Yes
Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Floor

Combo
Yes
Tile
Yes
Vinyl
Yes

Interior Features

Drapes/Blinds Incl
Yes
Furnished
Yes
Laundry Room
Yes
Smoke Alarms
Yes

Construction

Combo Construction
Yes
Frame
Yes

Land Size

1 Less Than 2 Acres
Yes

Terms

Buyer Obtain Finance
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes
Separate Meters
Yes

Miscellaneous

Fencing
Yes
High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes
Open Water View
Yes
Patio
Yes
Pool
Yes
Storage
Yes

Roof

Metal Roof
Yes

Shutters

Panel
Yes

Property Features

Deed Restrictions: No License Info: Other/See Remarks Type: Hotel/Motel Waterfront: Bay Front; Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Boat Ramp Vehicle Storage: Guest Parking; Off Street Parking; Trailer Storage Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Smoke Alarms Appliances: Dishwasher; Range; Refrigerator Miscellaneous: Fencing; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Patio; Pool; Storage Construction: Combo Construction; Frame Shutters: Panel Floor: Combo; Tile; Vinyl Roof: Metal Roof Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: Buyer Obtain Finance
Listing Office: Select Properties of NWFL
Last Updated: February - 19 - 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.