Waterfront Duplex with Redevelopment
For Sale
$1,250,000
230 Apache Street, Plantation Key, FL 33070
MULTI_FAMILY - Plantation Key, FL
Property Size1,500 SF
Lot Size0.24 Acres
Price / SF$833.33
Days on Market111
Property Features for 230 Apache Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1 - Residential Single F
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Open
Security features
Security
Window features
Aluminum Frames
Patio and Porch features
Patio
Pets allowed
Yes
Appliances
Washer, Dryer, Refrigerator, Range
Subdivision
Indian Waterways (89.0)
Standard status
Active
APN
00424390-000000
Size
1,500 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BK 6 LT 19 AND PT LT 18 INDIAN WATERWAYS PB4-29 PLANTATION KEY
Tax Annual Amount
8425
HOA Fee
$200 Annually
Legal Description
BK 6 LT 19 AND PT LT 18 INDIAN WATERWAYS PB4-29 PLANTATION KEY
Utilities
Heating system
Central
Cooling system
Central Air
Water front
1
Building Details
Year built
1959
Flooring type
Terrazzo
Building materials
CBS, Concrete
Roof type
Metal
Listing Agency:
Coldwell Banker Schmitt Islamorada
(305) 664-4470
Listed By:
Christy Hughes · License #3265558
(305) 393-6190
Added: Apr 18
Changed: Aug 5
Last Checked: Aug 6 at 4:06PM
MLS# 619562
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the Indian Mound neighborhood of Plantation Key, this canal-front duplex offers waterfront access. Constructed in 1959, the concrete building features two units, each with 2 bedrooms and 1 bath. Both units are currently leased month-to-month to long-term tenants. The property includes 32 feet of dockage on a 100-foot wide turning basin, providing access to the bay and Tavernier Creek. The property features terrazzo floors and accent walls. A 5V-crimp Galvalume metal roof protects the structure, and two 2019 A/C systems provide cooling. The property sits on an oversized 10,000 sq ft lot with mature trees and buried power lines. Recognized as a duplex, the property offers redevelopment options, including conversion into a single-family home to create a Transferable Development Right (TDR). Alternatively, it can continue to operate as an income-producing property. The property is located in Plantation Key, Florida. The property size is 1500 square feet and the lot size is 0.24 acres.
Key Highlights
- Canal‑front duplex in the Upper Keys’ Indian Mound neighborhood with 32’ of dockage on a 100’ wide turning basin
- Concrete two‑unit home built in 1959; each unit has 2 bedrooms and 1 bathroom
- Both units are leased month‑to‑month to long‑term tenants
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 33070, FL
6,220
Population
4,366
Households
1.4
Avg Household Size
52
Median Age
35%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
1,481
Density / Sq Mi
$77,228
Median Household Income
$40,511
Median Earnings
$1,866
Median Rent
$695,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Canal-front duplex in Plantation Key with income and redevelopment options.
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: Canal‑front duplex in the Upper Keys’ Indian Mound neighborhood with 32’ of dockage on a 100’ wide turning basin; Concrete two‑unit home built in 1959; each unit has 2 bedrooms and 1 bathroom; Both units are leased month‑to‑month to long‑term tenants
