About This Home
This 5-bedroom, 3-bathroom single family at 125 Colson Drive in Cudjoe Key, FL is listed for $2,195,000 ($1,153 per sqft). Built in 1986, the home offers 1,903 sqft of living space on a 1.57 acres lot.
Key Features
- Built in 1986
- 1.57 acre lot
- Private pool
Property Details
Amenities
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.
Monthly Cost Estimate
$11,739/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
125 Colson Drive
Cudjoe Key, FL 33042
Cudjoe Acres (21.5)
Features & Amenities
Exterior Features
Property Details
Construction
Views
Pool Features
Parking
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 125 Colson Drive is listed at $2,195,000 ($1,153/sqft). The estimated monthly payment is $11,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1986, 1.57 acre lot, Private pool. Exterior Features: Fencing, Privacy Wall/Fence.
This property is listed by Mykael A. Marinelli and can be reached at 3054397730.
