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For sale
  • Price cut: $54K (2/10)
    $2,195,000

    125 Colson Dr, Cudjoe Key, FL 33042

    5beds
    1,903sqft
    : 
    Single Family Residence
    Built in 1986
    1.57 Acres Lot
    $-- Zestimate®
    $1,153/sqft
    $-- HOA

    What's special

    Fresh coconutsLush vegetationOriginal hardwood floor
    TRANSIENT LICENSE FOR NIGHTLY RENTALS BRINGING IN 250k+! WITH 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!
    128 days
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    401
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    15
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    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2026 at 08:34am

    Listed by:

    Stacey Nash Pillari 305-906-0144,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 617496MLS LogoOriginating MLS: Key West Association

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Oven, Range, Refrigerator, Dryer
      • Laundry: Laundry Room
      Features
      • Split Bedroom, Storage, Other Specialty Room, Utility Room
      • Flooring: Tile, Wood
      • Doors: French Doors, Glass Doors
      • Windows: Window Treatments, Wood Frames, Accordion, Panel
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,903 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Trailer Storage, Covered, RV Parking Open, Off Street, Guest, Open
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Deck
      • Has private pool: Yes
      • Pool features: In Ground, Decked, Concrete
      • Fencing: Fenced,Privacy
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 1.57 Acres
      • Dimensions: 4 lots plus easement total of just under 2 acres
      • Features: 1 Less Than 2 Acres
      • Residential vegetation: Fruit Tree(s)
      Details
      • Additional parcels included: 00115840000210,00115840000211/212
      • Parcel number: 00115840000201
      • Zoning: IS
      • Zoning description: Improved Subivision District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      Condition
      • Year built: 1986

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Cudjoe Acres (21.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Cudjoe Key

      Financial & listing details

      • Price per square foot: $1,153/sqft
      • Tax assessed value: $1,427,048
      • Annual tax amount: $9,556
      • Date on market: 11/28/2025
      • Listing terms: Seller Finance Psble,VA Loan,Conventional,Cash
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/10/2026Price change$2,195,000-2.4%$1,153/sqft
        Source: Key West AOR #617496 Report a problem
        11/28/2025Listed for sale$2,249,000$1,182/sqft
        Source: Key West AOR #617496 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$12,850 +34.5%$1,427,048 +47.4%
        2024$9,556 +16.5%$967,837 +10%
        2023$8,204 +1.5%$879,852 +1.8%
        2022$8,082 +2.4%$864,230 +9.8%
        2021$7,894 -3.3%$787,098 -2.7%
        2020$8,167 $808,997 -0.6%
        2019$8,167 -0.9%$814,004 +1.3%
        2018$8,243 -1.4%$803,486 -0.6%
        2017$8,362 +0.3%$808,617 +5.5%
        2016$8,341 +7.4%$766,690 +11.5%
        2015$7,766 $687,902

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $12,446/mo
        Principal & interest
        $10946
        Property taxes
        $1500
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          Climate risks

          Neighborhood: 33042

          Getting around

          23 / 100
          Car-Dependent
          59 / 100
          Bikeable

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