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$2,249,000
Cudjoe Key, FL 33042
MLS# 617496
5 beds | 3 baths | 1903 sqft
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Property Description
THIS PROPERTY IS A ONE OF A KIND! A TRUE ''UNICORN!'' TRANSIENT LICENSE FOR NIGHTLY RENTALS BRINGING IN 230K-300K for 2026!! OPEN WATER VIEWS! ALMOST 2 ACRES TOTAL WITH 4 LOTS! Turnkey Vacation Rental with 4 bedrooms and 2 baths in Main House which is a charming and OLD FLORIDA KEYS STYLE PROPERTY! Privacy, lush vegetation, stunning Open water views from the balconies from almost every room! Original hardwood floor, tons of character and warmth in this lovely home! Large resort style pool with plenty of poolside space for lounging and taking up the gorgeous Florida keys sunshine. Plus a solid concrete hurricane bunker with an upper level bedroom, bath, and kitchenette and more views! Perfect for grounds keeper or property manager. Walk thru the property grounds and take in all of the magic it has to offer! With over 200 species of fruit, and palm trees, and tropical flowers, as well as Fresh coconuts! Fully fenced in so perfect for the family or guests pets. With 2 private entrances. Get lost in the tranquility of this Gem and make it your own private estate or an excellent investment with tons of income potential! Leave as is, or build additional casitas or consider the potential of the additional lots. Historically brought in average of 220K in rental income annually. This year projection is closer to 250-300k. This one won't last long as this is a great price considering all you are getting! A solid INVESTMENT with an excellent ROI! Not on the water but has the stunning open water views and also has access at end of Colson to put in kayaks and paddle boards. Plenty of space to keep your RV and boat trailers and put your boat in the water at nearby ramps, 1 Ocean side and 1 Gulf side. Vacationers love this property! Excellent reviews and comments are feels like 'old Florida Keys' and 'Tropical Oasis Hidden Away'. Buy this and start making money day 1!
Details
Maps
Documents
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: No
Species List: Yes
Current Price: $2,249,000
Listing Date: 2025-11-28
List Price: $2,249,000
Location, Tax & Legal
City: Cudjoe
Off Shore Island: No
Mile Marker: 21.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE,VE,VE
Alternate Key #: 1147435
Add'l Parcel #1: 00115840-000210
Parcel #: 00115840-000201
Add'l Parcel #2: 00115840-000211/212
Zoning: IS - Improved Subivision 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 OR56
Taxes: 9556.3
Tax Year: 2024
Pub Sewer HkUp: Yes
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
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot Size: 4 lots plus easement total of just under 2 acres
Lot SqFt: 68500
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 0
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Single Family
Year Built: 1986
Living Apx SqFt: 1903
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: THIS PROPERTY IS A ONE OF A KIND! A TRUE ''UNICORN!'' TRANSIENT LICENSE FOR NIGHTLY RENTALS BRINGING IN 230K-300K for 2026!! OPEN WATER VIEWS! ALMOST 2 ACRES TOTAL WITH 4 LOTS! Turnkey Vacation Rental with 4 bedrooms and 2 baths in Main House which is a charming and OLD FLORIDA KEYS STYLE PROPERTY! Privacy, lush vegetation, stunning Open water views from the balconies from almost every room! Original hardwood floor, tons of character and warmth in this lovely home! Large resort style pool with plenty of poolside space for lounging and taking up the gorgeous Florida keys sunshine. Plus a solid concrete hurricane bunker with an upper level bedroom, bath, and kitchenette and more views! Perfect for grounds keeper or property manager. Walk thru the property grounds and take in all of the magic it has to offer! With over 200 species of fruit, and palm trees, and tropical flowers, as well as Fresh coconuts! Fully fenced in so perfect for the family or guests pets. With 2 private entrances. Get lost in the tranquility of this Gem and make it your own private estate or an excellent investment with tons of income potential! Leave as is, or build additional casitas or consider the potential of the additional lots. Historically brought in average of 220K in rental income annually. This year projection is closer to 250-300k. This one won't last long as this is a great price considering all you are getting! A solid INVESTMENT with an excellent ROI! Not on the water but has the stunning open water views and also has access at end of Colson to put in kayaks and paddle boards. Plenty of space to keep your RV and boat trailers and put your boat in the water at nearby ramps, 1 Ocean side and 1 Gulf side. Vacationers love this property! Excellent reviews and comments are feels like 'old Florida Keys' and 'Tropical Oasis Hidden Away'. Buy this and start making money day 1!
Directions: Overseas Hwy to Colson Dr Cudjoe Key, property on left with two gated entrances.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
# of County License: 1
Transient Rntl Licns: Yes
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dryer: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Heating
Central: 1
Waterfront
None: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Tile: 1
Wood: 1
Interior Features
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Window Treatments: 1
Specialty Rooms
Laundry Room: 1
Utility Room: 1
Other: 1
Building Style
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Stories: 2 Stories
Windows/Doors
French Doors: 1
Glass Doors: 1
Wood Windows: 1
Vehicle Storage
Car(s): 4+
Carport: 1
Covered Parking: 1
Guest Parking: 1
Open Parking: 1
RV Parking Open: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
Frame: 1
Land Size
1 Less Than 2 Acres: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Seller Finance Psble: 1
VA: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Title
Negotiable: 1
Exterior Features
Fencing: 1
Fruit Tree(s): 1
Privacy Wall/Fence: 1
Pool Info
In Ground: 1
Concrete: 1
Decked: 1
Pre-Wired
Cable: 1
Shutters
Accordion: 1
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: Ocean View; Open Water View
Dockage: None
Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Central Air
Heating: Central
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Smoke Alarms; Split Bedroom; Storage; Window Treatments
Pre-Wired: Cable
Specialty Rooms: Laundry Room; Utility Room; Other
Appliances: Dryer; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing; Fruit Tree(s); Privacy Wall/Fence
Pool Info: In Ground; Concrete; Decked
Construction: Frame
Shutters: Accordion; Panel
Floor: Tile; Wood
Pets: Pets Allowed
Land Size: 1 Less Than 2 Acres
Terms: Cash; Conventional; Seller Finance Psble; VA
Title: Negotiable
Survey 
4 lots and parcel numbers 
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: January - 06 - 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.