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Experience the best of the Lower Keys with this rare opportunity to own a property that blends personal enjoyment with exceptional income potential. Whether you're searching for a private waterfront getaway, vacation retreat, or proven income-producing investment, this property delivers on all fronts.Successfully operated as a short-term rental since 2018, this home has consistently generated over $100,000 annually in rental income, offering a turnkey investment opportunity while enjoying the Florida Keys lifestyle.One of the property's most valuable features is its fully transferable transient rental license, valued at approximately $400,000. Unlike many Lower Keys properties with strict rental limitations, this license allows hotel-style rentals with no minimum night restrictions — a rare and highly desirable advantage.Each home includes a private dock slip, perfect for boats, jet skis, kayaks, and other water toys. This exclusive community of just 11 homes offers exceptional privacy, a shared heated pool, and a low, owner-operated HOA.Offered fully furnished and turnkey, the property includes established rental history and everything needed to continue operating immediately.Enjoy boating, fishing, diving, and the ultimate Florida Keys lifestyle from this ideally located Cudjoe Key property. For all showings, please contact the property owner, Michael Cordova, to schedule an appointment.
Property Details
Price: $999,000
Sq Ft: 1,156
($864 per
sqft)
Bedrooms: 2
Bathrooms: 3
County: Monroe
Type: Single Family
Development: Sacarma
Acres: 0.0200
Virtual Tour/Floorplan:
View
Year Built: 2007
Listing Number: A12116383
Status Code: A-Active
Taxes: $5,854.00
Tax Year: 2025
Garage:
Furnishings: Furnished
Pets Allowed: Yes
Amenities:
Boating
Pool
Gated
Financial Information:
Taxes: $5,854.00
Tax Year: 2025
Association Fee: $382.00
Association Fee Frequency: Monthly
Exterior Features:
Barbecue
Lighting
Patio
Equipment:
Electric Water Heater
Dryer
Disposal
Dishwasher
Electric Range
Microwave
Refrigerator
Washer
View:
Direct Ocean
Ocean
Waterfront Description:
No Fixed Bridge
Ocean Access
School Information:
Elementary School: Sugarloaf
Middle School: Sugarloaf
Junior High: Sugarloaf
High School: Key West
Additional Information:
MLS Area: 5940 - Other Florida County
Total Square Footage: 1,917
Price per Square Feet: $864.18
Total Rooms: 2
Total Floors: 3
Water: Public
Date Listed: 2026-11-01 00:00:00
Pool: Y
Pool Description: In Ground
Furnished: Furnished
Parking: Attached Carport, Covered, Golf Cart Garage, Guest, Carport
Flooring: Laminate
Roof: Metal
Heating: Central
Cooling: Central Air
Security: Fire Alarm
Laundry: Dryer Hookup
55+ Community: Y
Pets: Yes
Sewer: Public Sewer
Parcel ID: 00174820000101
Amenities: Boating, Pool, Gated
Map of 21650 Overseas Hwy, , FL 33042
Listing Courtesy Of: Florida Realty Of Miami Corp
mpalenzuela@opyachtservices.com