125 Colson Drive, Cudjoe Key, FL 33042
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
125 Colson Drive,Cudjoe Key, FL 33042
$2,195,000
- 5 Beds
- 3 Baths
- 1,903 sq. ft.
- Single family
- Active
Listed by: mykael a. marinelli
Office: american caribbean real estate, christie's international real estate
MLS#:620325
Source:FL_FKBOR
Price summary
- Price:$2,195,000
- Price per sq. ft.:$1,153.44
About this home
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....
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Home facts
- Year built:1986
- Subdivision & Development:Cudjoe Acres (21.5)
- Listing ID #:620325
- Added:104 day(s) ago
- Updated:September 24, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Living area:1,903 sq. ft.
Structure and exterior
- Year built:1986
- Building area:1,903 sq. ft.
- Lot area:1.57 Acres
- Construction Materials:Frame
- Exterior Features:Fencing, Privacy Wall/Fence
Finances and disclosures
- Price:$2,195,000
- Price per sq. ft.:$1,153.44
- Tax amount:$12,849
Parking
- Parking description:Guest, Open
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