Ad #7907778
MLS #620325
TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL
125 Colson Dr, Cudjoe Key, Florida, 33042
$2,195,000
5Beds
3Baths
1,903Sqft
1.570Acres
About this property
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.
Property Features
5 Beds
3 Baths
1,903 Sqft
Built in 1986
1.570 Acres
Beachview
Open, RV
Siding: Frame
Has Swimming Pool
$12,850 / yr property tax
Monroe County
Cudjoe Acres (215) Community
Additional Photos
Contact Information
Mykael A. Marinelli
American Caribbean Real Estate
305-439-7730
Location
Listing Agent: Mykael A. Marinelli (License #: 624654) 305-439-7730
Broker: American Caribbean Real Estate 305-664-4966 Listing Site
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.
Broker: American Caribbean Real Estate 305-664-4966 Listing Site
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.
BeachHouse.com
Printed Jul 20, 2026
Photo Gallery
$2,195,000
5
Beds
3
Baths
1,903
Sqft
125 Colson Dr, Cudjoe Key, Florida, 33042
By contacting this agent you agree to these Terms and Conditions.
MLS# 620325
TRANSIENT LICENSE * NIGHTLY RENTALS* PROVEN RENTAL INCOME* IDEAL
$2,195,000
125 Colson Dr, Cudjoe Key, Florida, 33042
5
Beds
3
Baths
1,903
Sqft
1.570
Acres
$2,195,000
125 Colson Dr, Cudjoe Key, Florida, 33042
5 Beds
3 Baths
1,903 Sqft
1.570 Acres
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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Property Details
HOME DETAILS
5 Beds
3 Baths
1,903 Sqft
Built in 1986
1.570 Acres
BEACH & VIEW
Beachview
EXTERIOR
Open, RV
Siding: Frame
Has Swimming Pool
FINANCIAL & COMMUNITY
$12,850 / yr property tax
Monroe County
Cudjoe Acres (215) Community
See More Details
Location
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Ad Statistics
Ad Number
7907778
Viewed
56 times
Listing Status
Active
Added
Jun 19, 2026
Last Refresh
Jul 19, 2026 11:29:25 PM
Listing Information
Data Source
Florida Keys Board of REALTORS®
Source Property ID
620325
Listing Agent: Mykael A. Marinelli (License #: 624654) 305-439-7730
Broker: American Caribbean Real Estate 305-664-4966 Listing Site
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.
Broker: American Caribbean Real Estate 305-664-4966 Listing Site
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.
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