Waterfront Duplex with Redevelopment
230 Apache Street, Plantation Key, FL 33070
Canal-front duplex in Islamorada with income and redevelopment opportunities.
Type:Multi-Family
Property size:
1,500 SFLot size:
0.23 AcresPrice / SF:
$833/SF- Added:
- Apr 17, 2026
- Days on Market:
- 45
- Last Refresh:
- May 27 at 7:44 am
Property Features for 230 Apache Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.23 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1959
Listing agent Coldwell Banker Schmitt Islamorada
Listing office (305) 664-4470
Listing date Apr 17, 2026
Source Xome
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 Coldwell Banker Schmitt Islamorada
HighLights
- 32' dockage on a 100' wide turning basin with quick, easy access to the bay and ocean.
- Duplex recognized by the Village of Islamorada with redevelopment options.
- Solid income‑producing property with two 2‑bedroom, 1‑bath units leased month‑to‑month to long‑term tenants.
- Located in the desirable 'Indian Mound' neighborhood.
- Durable construction with a 5V‑crimp Galvalume metal roof and two 2019 A/C systems.
- Oversized 10,000 sq ft lot with mature trees and buried power lines.
Overview
Located in the Indian Mound neighborhood, this canal-front duplex offers a blend of Old Florida charm and future potential. The property features 32' of dockage on a 100' wide turning basin, providing quick and easy access to the bay and Tavernier Creek. Built in 1959, the concrete two-unit home features terrazzo floors and unique accent walls. 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, this property offers 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 an income-producing property. The property size is 1,500 sq ft.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Plantation Key
- County
- Monroe
- State
- Florida
- Longitude
- -80.5493493
- Latitude
- 24.9887716
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Canal-front duplex in Islamorada with income and redevelopment opportunities.
Where is this duplex located?
The property is located at 230 Apache Street Plantation Key, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 32' dockage on a 100' wide turning basin with quick, easy access to the bay and ocean.; Duplex recognized by the Village of Islamorada with redevelopment options.; Solid income‑producing property with two 2‑bedroom, 1‑bath units leased month‑to‑month to long‑term tenants.
