21650 Overseas Highway
Summerland Key, FL 33042
$999,000
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.
| MLS#: | A12116383 |
|---|---|
| Status: | Active |
| Living Area: | 1,156 |
| Waterfront?: | Yes |
| Association: | Sacarma |
| Year Built: | 2007 |
| Amenities: | Boating, Gated, Pool |
| Association?: | Yes |
| Carport Spaces: | 2.0 |
| Covered Spaces: | 2.0 |
| Direction Faces: | West |
| Elementary School: | Sugarloaf |
| Frontage Type: | Waterfront |
| Garage Spaces: | 0.0 |
| High School: | Key West |
| Interior Features: | FamilyDiningRoom, UpperLevelPrimary |
| Laundry Features: | DryerHookup |
| Levels: | ThreeOrMore |
| Financing Type: | Cash, Conventional, FHA, VaLoan |
| Parking Features: | AttachedCarport, Covered, Carport, GolfCartGarage, Guest |
| Pool Private?: | Yes |
| Security Features: | FireAlarm |
| Zoning: | URM |
| Price: | $999,000.00 |
|---|---|
| Property Type: | SingleFamilyResidence |
| Total Area: | 1917.0 |
| Waterfront Type: | NoFixedBridges, OceanAccess |
| Association Fee: | $382 |
| Association Fee Paid: | Monthly |
| Association Fee Includes: | CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, RecreationFacilities, Security, Trash |
| Exterior Features: | Barbecue, Lighting, OutdoorLivingArea |
| Flooring: | Laminate |
| Frontage Length: | 120.00 |
| Furnished: | Furnished |
| Lot Size Area: | 967.0 |
| Middle School: | Sugarloaf |
| New Construction?: | No |
| Pets Allowed: | Yes |
| Pool Features: | InGround, Association |
| 55+ Community: | Yes |
| View: | Ocean |
| Pets Allowed?: | Yes |
Listing Courtesy of: Florida Realty of Miami Corp
Listing Agent: Marilin Palenzuela
786-760-9703
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on November 04, 2026 03:30 AM - ET
Property Last Updated: November 04, 2026 03:30 AM - ET




