21650 Overseas Highway, , FL 33042

$999,000 — Active

Property Features

Map Map It    Virtual Tour

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

  • Listing ID: A12116383
  • Status: Active
  • Listing Date: 2026-11-02
  • Property Type: Single Family Residence
  • Subdivision: SACARMA
  • County: Monroe
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 2
  • Full Bathrooms: 3
  • Living Area Sq Ft: 1,156
  • Year Built: 2007

Financial

  • List Price: $999,000
  • HOA Fee: $382/mo
  • Taxes: $5,854/yr

Features & Amenities

  • View: Direct Ocean, Ocean
  • 55+ Community (HOPA): Yes
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Parking: Attached Carport, Covered, Golf Cart Garage, Guest, Carport
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Laminate
  • Roof: Metal
  • Exterior Features: Barbecue, Lighting
  • Community Amenities: Boating, Pool, Gated

Courtesy of Florida Realty of Miami Corp
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 10, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.