125 Colson Drive
Cudjoe Key, FL 33042
MLS# 620325
4 beds | 2 baths | 1903 sqft
Property DescriptionTRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY
More Potos Coming Soon!
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 da
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Current Price: $2,195,000
Listing Date: 2026-06-19
City: Cudjoe
Mile Marker: 21.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE,VE,VE
Alternate Key #: 1147435
Parcel #: 00115840000201
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
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
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 Source: Tax Records
Total Units: 0
Acres: 1.57
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 1
Style: Single Family
Year Built: 1986
Living Apx SqFt: 1903
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Remarks – Consumer: TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY
More Potos Coming Soon!
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 da
Directions: Cudjoe Key. Overdseas Highway to Colson
Mandatory Home Owners Asc: No
1st Right of Refusal: No
# of County License: 1
Transient Rntl Licns: Yes
Above Flood: Yes
Stilt Column Height: Tall - 10Ft & Over
Guest Parking: 1
Open Parking: 1
RV Parking Open: 1
Trailer Storage: 1
Buyer to Verify: 1
FKAA: 1
Fencing: 1
Privacy Wall/Fence: 1
Fee Includes: Sewer; Other
Waterview: Open Water View
Vehicle Storage: Guest Parking; Open Parking; RV Parking Open; Trailer Storage
Utilities: Buyer to Verify; FKAA
Appliances: Oven; Refrigerator
Exterior Features: Fencing; Privacy Wall/Fence
Pool Info: In Ground; Decked
Shutters: Accordion; Panel
Land Size: 1 Less Than 2 Acres
Terms: Cash; Conventional
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: June - 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.