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Six-Unit Waterfront Rental Compound

21470 Overseas Highway, Cudjoe Key, FL 33042

For Sale
$5,500,000

Six separate residences include five cottages and a main house, with a private dock, boat ramp, and heated saltwater pool.

Property Size5,022 SF
Price / SF$1,095
Days on Market154

Property Features for 21470 Overseas Highway

General Information

Standard status Active
Size 5,022 SF
Property subtype Multi-Units

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $29,313

Amenities

gated
private dockage
on-site boat ramp
heated salt water pool
lush tropical landscaping

Building Details

Building Size 5,022 SF
Year Built 1977
Buildings 6
Listing Agency: Select Properties of NWFL
Listed By: Jennifer A Weeks · License #3258844
Source: Islandwelcomerealestate
Added: Jun 9 Changed: Nov 8 Last Checked: Nov 8 at 5:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Select Properties of NWFL

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Investment Insights

Based on property information with market context.

On Cudjoe Key, this waterfront rental property comprises five two-bedroom, one-bath cottages and a main house with three bedrooms and two baths. The six residences total 5,022 square feet. Built in 1977, the compound has six water meters and six electric meters, along with a heated saltwater pool.

The property faces open water and includes private dockage and an on-site boat ramp. Its parcels are identified as Sub Urban Residential, with one lot identified as Sub Urban Commercial; zoning details should be verified with the county.

Key Highlights

  • Five two‑bedroom, one‑bath cottages and one three‑bedroom, two‑bath main house
  • 5,022 square feet across six residences
  • Open‑water setting with private dockage and an on‑site boat ramp

Property Analytics

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 33042, FL

6,841
Population
4,835
Households
1.4
Avg Household Size
54
Median Age
45%
College-Educated
98%
High-School Grad
27.6 sq mi
ZIP Area
248
Density / Sq Mi
$101,625
Median Household Income
$49,747
Median Earnings
$2,252
Median Rent
$759,600
Median Home Value

Market

Average Price Trend$/SF for Short term rental properties in Monroe County, FL

$1,059 Jul
$1,110 Aug
$968 Sep
$1,194 Oct

Properties on Market for Short term rental properties in Monroe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Six separate residences include five cottages and a main house, with a private dock, boat ramp, and heated saltwater pool.
Where is this short term rental property located?
The property is located at 21470 Overseas Highway Cudjoe Key, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Five two‑bedroom, one‑bath cottages and one three‑bedroom, two‑bath main house; 5,022 square feet across six residences; Open‑water setting with private dockage and an on‑site boat ramp
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