$5,995,000
Cudjoe Key, FL 33042
MLS# 620213
13 beds | 7 baths | 5022 sqft
1 / 36
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
Listing Board: Marathon/Lower Keys
Potential Short Sale: No
Bank Owned: No
Current Price: $5,995,000
Listing Date: 2026-06-09
List Price: $5,995,000
Location, Tax & Legal
City: Cudjoe
Mile Marker: 21
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE,AE
Alternate Key #: 9026370
Add'l Parcel #1: 00174920-000100
Parcel #: 00174920000600
Add'l Parcel #2: 00174920-000200
Zoning: SR - Sub Urban Residential District
Deed Restrictions: No
Legal: See documents tab
Taxes: 29313.6
Tax Year: 2025
Pub Sewer HkUp: Yes
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
Waterfront: Yes
Control Depth: 2
Lot Size: 1.2 acres
Lot SqFt: 52685
Pool: Yes
Total Units: 6
Acres: 1.2
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 1
Style: Multi-Units
Year Built: 1977
Living Apx SqFt: 5022
Total Bedrooms: 13
Full Baths: 7
Total Baths: 7
Remarks & Misc
Remarks – Consumer: 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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock: Concrete
Boat Ramp: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Heating
Central: 1
Waterfront
Bay Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Ocean View: 1
Open Water View: 1
Floor
Combo: 1
Tile: 1
Vinyl: 1
Interior Features
Drapes/Blinds Incl: 1
Smoke Alarms: 1
Building Style
Above Flood: Unknown
Conch: 1
Stories: 2 Stories
Vehicle Storage
Car(s): 4+
Guest Parking: 1
RV Parking Open: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
Combo Construction: 1
Frame: 1
Land Size
1 Less Than 2 Acres: 1
Furnished
Furnished: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Screened Patio: 1
Pool Info
In Ground: 1
Salt Water: 1
Heated: Yes
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Panel: 1
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: July - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.