4 Beds
2 Baths
1,903 SqFt
4 Beds
2 Baths
1,903 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,903 sqft
Price per Sqft $1,153
Subdivision Cudjoe Acres (21.5)
MLS Listing ID 620252
Style Above Flood
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1986
Annual Tax Amount $12,849
Tax Year 2025
Lot Size 1.570 Acres
Acres 1.57
Lot Dimensions 4 lots for just under 2 acres
Property Sub-Type Single Family Residence
Land Area 1903
Property Description
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.
Location
State FL
County Monroe
Area 07 - Cudjoe Key
Zoning SR - Sub Urban Residential District
Direction Cudjoe Key Overseas Highway to Colson.
Interior
Furnishings Negotiable
Window Features Shutters
Exterior
Exterior Feature Privacy Wall/Fence, Fencing
Parking Features Open, Guest
Pool In Ground, Decked
Utilities Available FKAA, Buyer To Verify
Waterfront Description None
Garage No
Building
Architectural Style Above Flood
Others
HOA Fee Include Other,Sewer
Tax ID 00115840-000201
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes