$2,900,000

154 S Indies Dr Marathon, FL 33050

Estimated payment $16,275/month

Total Views 26,397
2 Beds
2 Baths
1,377 Sq Ft
$2,106 Price per Sq Ft

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Jalousie or louvered window
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Curry Hammock State Park

About This Home

Rare opportunity to secure a prime waterfront homesite on highly desirable Duck Key. This property is being offered for land value, 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 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.

Listing Agent

Natalie Ardis

Coldwell Banker Schmitt Real Estate Co. License #3231276 Listed on: 02/22/2026

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,804

Year Built

  • Built in 1974

Lot Details

  • 9,126 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned ISM - Improved Sub Masonry

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,377 Sq Ft Home
  • Jalousie or louvered window
  • Sliding Doors
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Davits
  • Dock made with concrete

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Center Island Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00378950000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,804

Year Built

Built in 1974

Lot Details

9,126 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Duck Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 61.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 10804.00
  • Title: Negotiable
  • Year Built: 1974
  • Alternate Key Number: 00378950000000
  • Lot Sq Ft: 9126.00
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1377.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Range, Refrigerator, Dryer
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00378950000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,805 $1,315,930 $1,115,197 $200,733
2024 $9,712 $1,373,142 $1,175,246 $197,896
2023 $9,712 $1,289,630 $1,101,052 $188,578
2022 $8,716 $1,099,660 $910,319 $189,341
2021 $7,615 $729,594 $563,531 $166,063
2020 $6,746 $647,644 $498,508 $149,136
2019 $6,218 $589,661 $459,494 $130,167
2018 $5,686 $526,875 $400,974 $125,901
2017 $6,123 $654,982 $0 $0
2016 $5,474 $514,445 $0 $0
2015 $5,112 $446,057 $0 $0
2014 $5,020 $426,786 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2026 02/22/26 For Sale $2,900,000 -- $2,106 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $259,500 --
Deed $137,000 --
Source: Public Records

About the Listing Agent

Natalie Ardis

Coldwell Banker Schmitt Real Estate Co.

(645) 220-0004

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Natalie Ardis is a dedicated real estate professional in the Florida Keys. I am a proud partner of the Ashkarian/Ardis team and have been serving customers in real estate for the last 14 years. Our lifetime sales volume is more than $367 million. My commitment is to provide personalized service and results that exceed expectations. I offer unique local insights into the local market, guiding my clients through every step of the process with professionalism, integrity, and a personal

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 618772

APN: 00378950-000000

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