21650 Overseas Highway, Summerland Key, FL 33042

$999,000
2
BD
3
BA
1,156
SqFt

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List Price
$999,000
MLS#
A12116383
Bedrooms
2
Bathrooms
3
Sq. Ft
1,156
Subtype
Single Family Residence
County
Monroe
Subdivision
Sacarma
Region
5940 - Other Florida County
Year Built
2007

Property Description

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.

Additional Information

Hoa Fee
$382
Hoa Freq
Monthly
Heating
Central
Cooling
Central Air
Roof
Metal
Sewer
Public Sewer
Water
Public
Exterior Features
Barbecue, Lighting, Outdoor Living Area
Flooring
Laminate
Living Area
1,156
Pool
Yes
Elementary School
Sugarloaf
Middle School
Sugarloaf
High School
Key West
Pets Allowed
Yes

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Listing courtesy of Florida Realty of Miami Corp. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Marilin Palenzuela | Email: mpalenzuela@opyachtservices.com