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  • 230 Apache Street, Plantation Key, FL 33070 (MLS# 619562)

230 Apache Street, Plantation Key, FL 33070

New Listing
$1,250,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 10,560 Status: Active
Current Price: $1,250,000 List Date: 4/18/2026 Last Modified: 4/19/2026

Description

This could be the kind of peaceful waterfront Keys property that actually pays you back. Located in one of the Upper Keys' most beloved neighborhoods locally known as 'Indian Mound' this canal-front duplex blends Old Florida charm with solid construction and real future potential. Water access is a big deal in the Keys, and it's excellent here. With 32' of dockage on a 100' wide turning basin, you'll have quick, easy access to the bay. Tavernier Creek is just around the corner, making ocean runs simple. Built in 1959, the concrete two-unit home features terrazzo floors and unique accent walls that give it that classic Old Florida feel. Each unit offers 2 bedrooms and 1 bath. Both are leased month-to-month to long-term tenants. The home is protected by a 5V-crimp Galvalume metal roof and cooled by two 2019 A/C systems. It sits on an oversized 10,000 sq ft lot with mature trees and buried power lines. Recognized as a duplex by the Village of Islamorada, this property offers compelling redevelopment options. An owner could convert the duplex into a single-family home, creating a valuable market-rate waterfront Transferable Development Right (TDR) to sell. Or, continue operating the duplex as a solid income-producing property in a quiet, highly desirable neighborhood. Old Florida character, dependable income, and flexibility for the future - this is a smart fit for someone who values both lifestyle and return. Vacant 7,023 sq ft lot next door is available separately.

More Information MLS# 619562

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $1,250,000 Listing Date: 2026-04-18 List Price: $1,250,000

Location, Tax & Legal

City: ISLAMORADA Mile Marker: 89 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 1522414 Handicap Access: No Parcel #: 00424390-000000 Zoning: R1 - Residential Single Family Deed Restrictions: No Legal: BK 6 LT 19 AND PT LT 18 INDIAN WATERWAYS PB4-29 PLANTATION KEY Taxes: 8424.51 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 230 Street Name: Apache Street Suffix: Street Key/Island: Plantation Key State/Province: FL Zip Code: 33070 County: Monroe Subdivision: Indian Waterways (89.0) Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Multi-family Waterfront: Yes Control Depth: 3 Lot Size: X Lot SqFt: 10560 Pool: No Lot Sqft Source: Survey Total Units: 0 Acres: 0.24 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Duplex Year Built: 1959 Living Apx SqFt: 1500 Total Bedrooms: 4 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: This could be the kind of peaceful waterfront Keys property that actually pays you back. Located in one of the Upper Keys' most beloved neighborhoods locally known as 'Indian Mound' this canal-front duplex blends Old Florida charm with solid construction and real future potential. Water access is a big deal in the Keys, and it's excellent here. With 32' of dockage on a 100' wide turning basin, you'll have quick, easy access to the bay. Tavernier Creek is just around the corner, making ocean runs simple. Built in 1959, the concrete two-unit home features terrazzo floors and unique accent walls that give it that classic Old Florida feel. Each unit offers 2 bedrooms and 1 bath. Both are leased month-to-month to long-term tenants. The home is protected by a 5V-crimp Galvalume metal roof and cooled by two 2019 A/C systems. It sits on an oversized 10,000 sq ft lot with mature trees and buried power lines. Recognized as a duplex by the Village of Islamorada, this property offers compelling redevelopment options. An owner could convert the duplex into a single-family home, creating a valuable market-rate waterfront Transferable Development Right (TDR) to sell. Or, continue operating the duplex as a solid income-producing property in a quiet, highly desirable neighborhood. Old Florida character, dependable income, and flexibility for the future - this is a smart fit for someone who values both lifestyle and return. Vacant 7,023 sq ft lot next door is available separately.

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 200 Assoc/Mnt Fee Per: Yearly

Fee Includes

Common Area Mnt: 1

Dockage

Dock Length: 32 Dock: Concrete Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Terrazzo: 1

Neighborhood Feature

Community Boat Ramp: 1 Other Area Features: 1

Building Style

Above Flood: No

Windows/Doors

Aluminum Windows: 1 Impact Rstnce Doors: 1 Jalousie Windows: 1 Other Windows/Doors: 1

Vehicle Storage

Open Parking: 1 Off Street Parking: 1

Security

No Security: 1

Construction

CBS: 1 Concrete: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Patio: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Shutters

Bahama: 1 Panel: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Vehicle Storage: Off Street Parking; Open Parking Furnished: Unfurnished Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Appliances: Dryer; Range; Refrigerator; Washer Construction: CBS; Concrete Shutters: Bahama; Panel Floor: Terrazzo Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp; Other Area Features Security: No Security Land Size: Less Than 1/4 Acre
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: April - 19 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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