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About This Home
This 4-bedroom, 2-bathroom residential multi family at 230 Apache Street in Plantation Key, FL is listed for $1,250,000 ($833 per sqft). Built in 1959, the home offers 1,500 sqft of living space on a 0.24 acres lot.
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.
Key Features
- Built in 1959
- 0.24 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$6,885/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
230 Apache Street
Plantation Key, FL 33070
Indian Waterways (89.0)
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 230 Apache Street is listed at $1,250,000 ($833/sqft). The estimated monthly payment is $5,617 based on 20% down at 6.5% interest.
HOA fees are $200/month.
Key features include: Built in 1959, 0.24 acre lot, Waterfront.
This property is listed by Christy Hughes and can be reached at 3053936190 or clc.hughes@gmail.com.








