125 Colson Drive, Cudjoe Key, FL 33042

$2,195,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,903 Lot Size (sq. ft.): 68,500 Status: Active
Current Price: $2,195,000 List Date: 11/28/2025 Last Modified: 2/22/2026

Description

TRANSIENT LICENSE FOR NIGHTLY RENTALS BRINGING IN 250k-300K for 2026!! OPEN WATER VIEWS! ALMOST 2 ACRES TOTAL WITH 4 LOTS! THIS PROPERTY IS A ONE OF A KIND! A TRUE ''UNICORN!'' Turnkey Vacation Rental with 4 bedrooms and 2 baths in Main House which is a charming and OLD FLORIDA KEYS STYLE PROPERTY! Privacy, lush vegetation, stunning Open water views from the balconies from almost every room! Original hardwood floor, tons of character and warmth in this lovely home! Large resort style pool with plenty of poolside space for lounging and taking up the gorgeous Florida keys sunshine. Plus a solid concrete hurricane bunker with an upper level bedroom, bath, and kitchenette and more views! Perfect for grounds keeper or property manager. Walk thru the property grounds and take in all of the magic it has to offer! With over 200 species of fruit, and palm trees, and tropical flowers, as well as Fresh coconuts! Fully fenced in so perfect for the family or guests pets. With 2 private entrances. Get lost in the tranquility of this Gem and make it your own private estate or an excellent investment with tons of income potential! Leave as is, or build additional casitas or consider the potential of the additional lots. Historically brought in average of 220K in rental income annually. This year projection is closer to 250-300k. This one won't last long as this is a great price considering all you are getting! A solid INVESTMENT with an excellent ROI! Not on the water but has the stunning open water views and also has access at end of Colson to put in kayaks and paddle boards. Plenty of space to keep your RV and boat trailers and put your boat in the water at nearby ramps, 1 Ocean side and 1 Gulf side. Vacationers love this property! Excellent reviews and comments are feels like 'old Florida Keys' and 'Tropical Oasis Hidden Away'. Buy this and start making money day 1!

More Information MLS# 617496

Contract Information

Current Price: $2,195,000 Listing Date: 2025-11-28 Listing Board: Key West Association List Price: $2,195,000 As is Rght to Inspct: No Species List: Yes

Location Tax Legal

Street #: 125 Street Name: Colson Street Suffix: Drive Key/Island: Cudjoe Key State/Province: FL Zip Code: 33042 County: Monroe Subdivision: Cudjoe Acres (21.5) Area: 07 - Cudjoe Key

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: Yes Year Built: 1986 Lot Size: 4 lots plus easement total of just under 2 acres Lot SqFt: 68500 Lot Sqft Source: Property Data Card Living Apx SqFt: 1903 SqFt Source: Property Data Card Total Bedrooms: 5 Full Baths: 3 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 1

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of County License: 1 Transient Rntl Licns: Yes

Building Style

Above Flood: Yes Stilt Column Height: Tall - 10Ft & Over Stories: 2 Stories

Vehicle Storage

Car(s): 4+

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: Ocean View; Open Water View Dockage: None Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Smoke Alarms; Split Bedroom; Storage; Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room; Utility Room; Other Appliances: Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Fruit Tree(s); Privacy Wall/Fence Pool Info: In Ground; Concrete; Decked Construction: Frame Shutters: Accordion; Panel Floor: Tile; Wood Pets: Pets Allowed Land Size: 1 Less Than 2 Acres Terms: Cash; Conventional; Seller Finance Psble; VA Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: February - 22 - 2026
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