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For sale
  • Price cut: $456K (6/27)
    $2,444,000

    154 S Indies Dr, Duck Key, FL 33050

    2beds
    1,377sqft
    : 
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    Single Family Residence
    Built in 1974
    9,126 Square Feet Lot
    $-- Zestimate®
    $1,775/sqft
    $-- HOA

    What's special

    Exceptionally quick ocean accessPrime waterfront homesite
    Rare opportunity to secure a prime waterfront homesite on highly desirable Duck Key. This is presenting the perfect canvas to design and build a custom island retreat exactly to your vision. Even better, the property is ROGO exempt, meaning no waiting for a new building permit -- a verified build right is already in place (letter on file). Boaters will appreciate the 82 feet of dockage, deep water dockage and exceptionally quick ocean access. Two davits that are 5,500 lbs each one and a turner on one of them. Center Island is a prime location for privacy on Duck Key. Navigate under the Seaview Bridge and head out through the Headpins for fast access to open water, or take the main channel route for larger sportfishing vessels. Enjoy all the lifestyle perks Duck Key is known for, including nearby dining at Hawks Cay Resort, a welcoming island community. that is golf cart friendly. Fly into Marathon airport with your own plane or Million Air and then drive 15 minutes to your island oasis. Whether you're planning a full-time residence or luxury vacation escape, this is your chance to build your dream home in one of the Florida Keys' most sought-after boating enclaves.
    136 days
    |
    431
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie M. Ardis 305-481-3317,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 618772MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Washer, Freezer, Range, Refrigerator, Dryer
      Features
      • Doors: Sliding Glass Doors
      • Windows: Jalousie Windows, Accordion
      Interior area
      • Total interior livable area: 1,377 sqft

      Property

      Features
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dock Length: 82, Dockage: Davits
      Lot
      • Size: 9,126 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00378950000000
      • Zoning: ISM
      • Zoning description: Improved Sub Masonry

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Tar/Gravel
      Condition
      • Year built: 1974

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available, Buyer to Verify

      Community & HOA

      Community
      • Subdivision: Center Island (Toms Harbor) (61.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Duck Key

      Financial & listing details

      • Price per square foot: $1,775/sqft
      • Tax assessed value: $1,315,930
      • Annual tax amount: $10,804
      • Date on market: 2/22/2026
      • Listing terms: No Seller Finance,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,448/mo

        Price history

        DateEventPrice
        6/27/2026Price change$2,444,000-15.7%$1,775/sqft
        Source: FLKMLS #618772 Report a problem
        2/22/2026Listed for sale$2,900,000$2,106/sqft
        Source: FLKMLS #618772 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,805 +2.7%$1,043,037 +10%
        2024$10,523 +8.3%$948,215 +10%
        2023$9,712 +11.4%$862,014 +10%
        2022$8,716 +14.5%$783,649 +10%
        2021$7,615 +12.9%$712,408 +17%
        2020$6,746 $608,786 +3.2%
        2019$6,746 +8.5%$589,661 +11.9%
        2018$6,218 +9.3%$526,875 -19.6%
        2017$5,686 -7.1%$654,982 +27.3%
        2016$6,123 +11.8%$514,445 +15.3%
        2015$5,474 $446,057

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33050

        Getting around

        2 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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