126 N Indies Drive
Duck Key, FL 33050
MLS# 620609
4 beds | 4 baths | 2544 sqft
Property DescriptionRare 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.
Current Price: $1,875,000
Listing Date: 2026-07-13
Listing Board: Marathon/Lower Keys
Monthly Rent: $1,875,000
As is Rght to Inspct: Yes
Street #: 126
Direction: N
Street Name: Indies
Street Suffix: Drive
Key/Island: Duck Key
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Toms Harbor (61.0)
Area: 20 - Duck Key, Coral Key, Conch Key
Realtor.COM Type: Multi-family
Style: Duplex
Waterfront: Yes
Control Depth: 5
Lot Size: 70 Waterfront x 100 x 80 x 102
Lot SqFt: 7608
Lot Sqft Source: Tax Records
Acres: 0.18
Living Apx SqFt: 2544
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 350
Assoc/Mnt Fee Per: Yearly
Dock Length: 70
Dock: Composite
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Cooling: Ceiling Fans(s); Central Air
Utilities: Cable Available
Appliances: Dishwasher; Dryer; Microwave; More Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Construction: CBS; Concrete
Land Size: Less Than 1/4 Acre
Listing Office: Florida Keys Real Estate Group
Last Updated: July - 15 - 2026
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