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!
For sale
Price cut: $54K (2/10)
$2,195,000
125 Colson Dr, Cudjoe Key, FL 33042
5beds
1,903sqft
Est.:
Single Family Residence
Built in 1986
1.57 Acres Lot
$-- Zestimate®
$1,153/sqft
$-- HOA
What's special
Fresh coconutsLush vegetationOriginal hardwood floor
- 128 days |
- 401 |
- 15 |
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#: 617496
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Price change | $2,195,000-2.4%$1,153/sqft |
Source: | ||
| 11/28/2025 | Listed for sale | $2,249,000$1,182/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 33042
Nearby schools
GreatSchools rating
- 5/10Sugarloaf SchoolGrades: PK-8Distance: 1.8 mi
- 3/10Key West High SchoolGrades: 9-12Distance: 18.9 mi
Local experts in 33042
- Florida
- Monroe County
- Summerland Key
- 33042
- 125 Colson Dr





