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Land with Home for Sale in Cudjoe Key, Florida

125 Colson Dr, Cudjoe Key, FL 33042

$2,195,000
1.57 acres
Active sale
ago
Est $12,286/mo

TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL 1031 EXCHANGE OPPORTUNITY 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. 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.

1,903
Sq feet
4
Beds
2
Full baths
1986
Built

Location

Street address
125 Colson Dr
Zip code
33042
Community
Cudjoe Acres (21.5)
Elevation
3 feet
Coordinates
24.6639, -81.5018

Directions

Cudjoe Key Overseas Highway to Colson.

Property details

Acreage
1.57 acres68,389 sq ft
Zoning
SR - Sub Urban Residentia
MLS #
FLKEYSMLS 620252
Posted

Property taxes

2025
$12,850

Parcels

  • 00115840-000201

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Water

Exterior

Parking
Open, RV
Fencing
Fenced, Privacy
Pool
Private
Features
Fencing, Privacy Wall/Fence

Structure

Materials
Frame

Interior

Rooms
Bathroom x 2, Bedroom x 4

Listing history

DateEventPriceChangeSource
June 12, 2026New listing$2,195,000FLKEYSMLS
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This 1.57-acre property is located at 125 Colson Dr in Cudjoe Key, FL 33042. The property is available for sale, priced at $2,195,000. It has a 1,903 sq ft 4 bedroom, 2 bath house built in 1986.

Listed by American Caribbean Real Estate, Christie's International Real Estate, (305) 664-4966

Checked 2 hours agoUpdated Source

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Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
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