125 Colson Drive, Cudjoe Key, FL 33042
Local realty services provided by:CENTURY 21 Circle
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....
Contact an agent
Home facts
- Year built:1986
- Listing ID #:620325
- Added:45 day(s) ago
- Updated:July 27, 2026 at 02:57 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
New listings near 125 Colson Drive
- New
$249,000Active1 beds 1 baths368 sq. ft.701 Spanish Main Drive #533, Cudjoe Key, FL 33042
MLS# 620746Listed by: BLUESCAPE REAL ESTATE - New
$449,999Active1 beds 1 baths408 sq. ft.701 Spanish Main Drive #246, Cudjoe Key, FL 33042
MLS# 620685Listed by: BLUESCAPE REAL ESTATE - New
$2,060,000Active5 beds 3 baths1,978 sq. ft.94 Sacarma Drive, Cudjoe Key, FL 33042
MLS# 620686Listed by: REALTY EXECUTIVES FLORIDA KEYS OLD TOWN
$949,000Active3 beds 2 baths1,144 sq. ft.342 Spanish Main Drive, Cudjoe Key, FL 33042
MLS# 620535Listed by: EXP REALTY LLC KW BRANCH- Open Tue, 11am to 1pm
$1,449,000Active3 beds 3 baths1,500 sq. ft.22872 Buccaneer Lane, Cudjoe Key, FL 33042
MLS# 620481Listed by: MEYER AND BOUMERHI REALTY LLC
$215,000Active0.05 Acres701 Spanish Main Drive #LOT 610, Cudjoe Key, FL 33042
MLS# 620471Listed by: BLUESCAPE REAL ESTATE
$1,499,000Active3 beds 3 baths1,596 sq. ft.21007 4th Avenue, Cudjoe Key, FL 33042
MLS# 620454Listed by: COLDWELL BANKER SCHMITT REAL ESTATE CO
$1,499,000Active2 beds 2 baths1,587 sq. ft.22410 Jolly Roger Drive, Cudjoe Key, FL 33042
MLS# 620456Listed by: COLDWELL BANKER SCHMITT REAL ESTATE CO
$1,775,000Active4 beds 4 baths1,671 sq. ft.193 Galleon Ln, Lower Keys, FL 33042
MLS# A12042729Listed by: CRANELUXE
$748,000Active3 beds 2 baths960 sq. ft.53 Treasure Chest Drive, Cudjoe Key, FL 33042
MLS# 620381Listed by: KELLER WILLIAMS KEY WEST COMPASS REALTY