About This Home

This 4-bedroom, 4-bathroom multi-family at 126 N Indies Drive in Duck Key, FL is listed for $1,875,000 ($737 per sqft). Built in 1981, the home offers 2,544 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1981
  • 0.18 acre lot
  • Waterfront

Property Details

4 full
1981

Amenities

WaterfrontA/C
Listing Description

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.

Monthly Cost Estimate

$10,378/mo

20% down · 6.5% · 30 years

Principal$1,356
Interest$8,125
Insurance$547
HOA$350

Estimates only. Actual payments may vary.

Location

126 N Indies Drive

Duck Key, FL 33050

Toms Harbor (61.0)

Property Details

Construction

CBS Concrete

Outdoor Features

PatioDeck

Heating

Central

Cooling

Central Air

Appliances

More AppliancesWasherDryerDishwasherRefrigeratorRangeOvenMicrowaveStainless Steel Appliance(s)

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 126 N Indies Drive is listed at $1,875,000 ($737/sqft). The estimated monthly payment is $10,378 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $350/month.

Key features include: Built in 1981, 0.18 acre lot, Waterfront.

This property is listed by Brenner Scheel Casey and can be reached at 3057833395.

BC

Brenner Scheel Casey

License BK339103, BK3179545, SL3504409

Agent at Florida Keys Real Estate Group

(305) 783-3395

Listed by Florida Keys Real Estate Group · Broker phone: (305) 664-1453 · View on Broker Site · Broker website

MLS# 620609· Source: Marathon and Lower Keys Association of Realtors· 76 days on PropertySimple

Copyright © 2026 Marathon and Lower Keys Association 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.

126 N Indies Drive, Duck Key, FL 33050

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