$5,650,000
Cudjoe Key, FL 33042
MLS# 620213
13 beds | 7 baths | 5022 sqft
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Property Description
Rare income-producing open-water compound on Cudjoe Key featuring 5 cottages plus a spacious main house. This gated, turnkey waterfront property offers direct open-water views, private dockage with ample boat space, on-site boat ramp, swimming pool, and lush tropical landscaping. Ideal for vacation rental income, corporate retreat, or private family compound. Each unit is well-appointed for guest comfort and positioned to maximize privacy. Excellent boating access to world-class fishing and diving. Strong investment opportunity in the Lower Keys with established income potential. Zoned Sub Urban Residential with one Buildable Sub Urban Commercial Lot, verify with the County. Included Parcel#'s Sub Urban Residential 00174920-000200, 00174920-000300, 00174920-000400, 00174920-000000, 00174920-000100, 00174920-000500. Sub Urban Commercial 00174920-000600. Owner is licensed Realtor. 5 (2 bedroom one bath cottages) and one (3 bedroom 2 bath house), 6 water meters, 6 electric meters. Heated salt water pool. The property is also listed with 9 additional units MLS #612522.
Details
Maps
Documents
Contract Information
Current Price: $5,650,000
Listing Date: 2026-06-09
Listing Board: Marathon/Lower Keys
Monthly Rent: $5,650,000
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 21470
Street Name: Overseas
Street Suffix: Highway
Key/Island: Cudjoe Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Sacarma (21.0)
Area: 07 - Cudjoe Key
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: Yes
Control Depth: 2
Pool: Yes
Year Built: 1977
Total Units: 6
Lot Size: 1.2 acres
Lot SqFt: 52685
Acres: 1.2
Living Apx SqFt: 5022
SqFt Source: Tax Records
Total Bedrooms: 13
Full Baths: 7
Total Baths: 7
Rentals Allowed: Yes
Min Rental Days: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock: Concrete
Building Style
Above Flood: Unknown
# Stories: 2 Stories
Vehicle Storage
Car(s): 4+
Pool Info
Heated: Yes
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Oceanfront; Open Water
Waterview: Bay/Gulf View; Ocean View; Open Water View
Dockage: Boat Ramp
Building Style: Conch
Vehicle Storage: Guest Parking; Off Street 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: Drapes/Blinds Incl; Smoke Alarms
Appliances: Dishwasher; Range; Refrigerator
Pool Info: In Ground; Salt Water
Construction: Combo Construction; Frame
Shutters: Panel
Floor: Combo; Tile; Vinyl
Roof: Metal Roof
Pets: Pets Allowed
Land Size: 1 Less Than 2 Acres
Legal description 
Listing Office: Select Properties of NWFL
Last Updated: October - 14 - 2026
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