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  • 125 Colson Drive, Cudjoe Key, FL 33042 (MLS# 620325)

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: 6/19/2026 Last Modified: 6/24/2026

Description

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

More Information MLS# 620325

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $2,195,000 Listing Date: 2026-06-19 List Price: $2,195,000

Location, Tax & Legal

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

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: 68400 Pool: Yes 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 & Misc

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

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

Sewer: 1 Other: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Oven: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Waterfront

None: 1

Waterview

Open Water View: 1

Specialty Rooms

Other: 1

Building Style

Above Flood: Yes Stilt Column Height: Tall - 10Ft & Over

Vehicle Storage

Guest Parking: 1 Open Parking: 1 RV Parking Open: 1 Trailer Storage: 1

Construction

Frame: 1

Land Size

1 Less Than 2 Acres: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Exterior Features

Fencing: 1 Privacy Wall/Fence: 1

Pool Info

In Ground: 1 Decked: 1

Financial Status

Standard Sale: Yes

Shutters

Accordion: 1 Panel: 1

Status Change Info

Status: Active

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 Appliances: Oven; Refrigerator 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 - 24 - 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.

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