Active Residential IDX

21650 Overseas Hwy

21650 Overseas Hwy, Lower Keys, FL 33042
$999,000
2 Bedrooms
3 Bathrooms
1,156 sqft Area
2007 Built
MLS #: 12056697

About this property

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.

Property Details

Financial
Annual taxes
$5,854 (2025)
Interior
Appliances
Washer, Range, Microwave, Water Heater, Refrigerator, Dryer, Disposal, Dishwasher
Exterior & Lot
Roof
Metal
Exterior features
Dock
Patio & porch
Patio
Pool
In Ground
View
Ocean
Waterfront
Ocean Front
Parking
Carport
Utilities
Water source
Public (WaterSource)
Sewer
Other
Listing Details
Property type
Residential
County
Monroe
Subdivision
Sacarma
More Details
Original list price
$999,000
Above grade finished area
1,156 sqft
Lot size square feet
967 sqft
Association
Yes
Furnished
Furnished
Pets allowed
Yes
Room type
Laundry, Family
Waterfront
Yes
Association amenities
Pool, Pets Allowed, Security, Gated, 55+ Community
Senior community
Yes
Listing Information
Listing courtesy of
Florida Realty of Miami Corp · 305-598-5488
Listing agent
Marilin Palenzuela
MLS #
12056697
Status
Active

Contact

Herdine Nicholson · Mainsail Real Estate®

+1 305 414 1438 · info@mainsailre.com

1111 Brickell Ave, FL 12 Ste 148, Miami, FL 33131

https://mainsailre.com/idx-listing/?listing=12056697

Interested in this property?

Send an Inquiry

Listing courtesy of Florida Realty of Miami Corp · 305-598-5488

Copyright© 2026 by My State MLS. All Rights Reserved.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The data relating to real estate on this website comes in part from the IDX of My State MLS, NY State MLS, and State Listings, Inc. Real estate listings held by brokerage firms other than that of the IDX Participant are marked with an IDX logo and the detailed information about including the name of the listing broker.