125 Colson Dr, Cudjoe, FL 33042

$2,195,000
5
BD
3
BA
1,903
SqFt

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List Price
$2,195,000
MLS#
620325
Status
ACTIVE
Island
Cudjoe Key
County
Monroe
City
Cudjoe
Area
Cudjoe Key
Subdivision
Cudjoe Acres (21.5)
Neighborhood
07 - Cudjoe Key
Bedrooms
5
Bathrooms
3
Living Area
1,903
Acres
1.57
Year Built
1986
Days on Market
38

Property Description

TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY Casa De Las Palmas 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 day one.

Additional Information

Taxes
$12,849
Furnished
Unfurnished
Appliances
Refrigerator, Oven
Exterior Features
Fence, Privacy Wall
Pool
Yes
Zoning
SR - Sub Urban Residential District
Terms
Cash, Conventional

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Listing Courtesy Of American Caribbean Real Estate, Christie's International Real Estate, Contact: 305-664-4966