126 N Indies Drive

Duck Key, FL 33050

About this property

Rare canal-front duplex on Duck Key's prestigious Indies Canal with 70 feet of new composite dockage, sweeping canal views, and deep-water access to both the Gulf and Atlantic. New roof, new AC, and precast concrete construction throughout -- this is a solid, storm-ready build with significant insurance advantages over at-grade alternatives and no deferred maintenance surprises. Two self-contained side-by-side units, each 2BD/2BA with in-unit washer/dryer, private canal-view balcony, open floor plan, and under-house storage. Unit 1 is fully renovated -- granite counters, stainless appliances, new Kitchenaide soft close cabinetry, updated baths, tile floors throughout. Unit 2 features upgraded tile floors and a bright open canvas with kitchen and baths ready for your finish. The options here are unusually flexible: rent both units for strong 28-day vacation rental income, live in one and let the other pay your carry, or convert the entire structure to a single-family waterfront compound -- there's even room for a pool. That kind of optionality, in a precast concrete above-flood building with a new roof and new dock, simply does not exist elsewhere on Duck Key. Monroe County 28-day minimum rental applies. Sold as a complete duplex; cannot be split.

About this property

Rare canal-front duplex on Duck Key's prestigious Indies Canal with 70 feet of new composite dockage, sweeping canal views, and deep-water access to both the Gulf and Atlantic. New roof, new AC, and precast concrete construction throughout -- this is a solid, storm-ready build with significant insurance advantages over at-grade alternatives and no deferred maintenance surprises. Two self-contained side-by-side units, each 2BD/2BA with in-unit washer/dryer, private canal-view balcony, open floor plan, and under-house storage. Unit 1 is fully renovated -- granite counters, stainless appliances, new Kitchenaide soft close cabinetry, updated baths, tile floors throughout. Unit 2 features upgraded tile floors and a bright open canvas with kitchen and baths ready for your finish. The options here are unusually flexible: rent both units for strong 28-day vacation rental income, live in one and let the other pay your carry, or convert the entire structure to a single-family waterfront compound -- there's even room for a pool. That kind of optionality, in a precast concrete above-flood building with a new roof and new dock, simply does not exist elsewhere on Duck Key. Monroe County 28-day minimum rental applies. Sold as a complete duplex; cannot be split.

Features and Additional Information

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$1,875,000 Active
4 Bed(s)
4
Baths
2,544 sqft

Presented By Coldwell Banker Schmitt

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Brokerage
Florida Keys Real Estate Group
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Area Information

20 Duck Key | Coral Key | Conch Key | Monroe County | Toms Harbor (61.0)

$ 1,875,000
This listing is play_arrow 2.6% lower than the average in the area
$ 1,925,000 in the area
2,544 SqFt
This listing is play_arrow 18.2% larger than the average in the area
2,153 SqFt in the area
$ 737 $/SqFt
This listing is play_arrow 20.7% less than the average in the area
$ 929 $/SqFt in the area
43 days on site
This listing is play_arrow 38.7% above the average in the area
31 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Brenner Scheel Casey
Brokerage: Florida Keys Real Estate Group

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