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9870 INDIAN KEY TRAIL UNIT 64

Townhouse Active With Contract
$345,000

BTC: 4.14962713

ETH: 130.18867925

-$5K (2026/08/31)
15 days
Waterfront
3 bds
3 ba
1,749 sqft

Overview

Under contract-accepting backup offers. WATERFRONT VALUE-ADD OPPORTUNITY — This spacious 3-bedroom, 3-bath waterfront townhome offers nearly 2,000 sq. ft. of living space, tranquil water views, multiple screened balconies and decks, and a setting that feels like a private coastal retreat — offered AS-IS and Priced for Condition. Here's what makes this one worth a serious look: the capital-intensive work is already behind you. The kitchen was remodeled in 2020 with granite countertops, custom tile backsplash, stainless steel appliances, abundant cabinetry, a breakfast bar, and a walk-in pantry. The A/C system was installed in 2018 and the water heater in 2019. What remains is cosmetic — paint, flooring, finishes, and personal taste — the kind of scope a buyer controls on their own timeline and budget. Updated units in this community command meaningfully stronger pricing. That difference is left on the table here. Step inside to an open-concept living and dining area oriented to the waterfront views. Sliding glass doors extend the living space onto a private screened balcony overlooking the water — morning coffee, evening cocktails, outdoor dining, or simply watching the boats and wildlife go by. Upstairs, two generously sized primary-style suites each offer a private bath and flexible sitting or office space. The waterfront suite features vaulted ceilings, two walk-in closets, a private screened balcony, and an updated en-suite bath with granite finishes and a spacious tiled walk-in shower. Outdoor living is the defining feature, with three separate waterfront spaces extending from the ground floor, the main living level, and the primary bedroom. The sparkling community pool is only steps away, yet the home maintains a peaceful and private waterfront atmosphere. Ideally located just minutes from the Gulf beaches, parks, boat ramps, restaurants, shopping, and everything the surrounding beach communities have to offer, Tara Cay combines the freedom of waterfront living with the ease of a low-maintenance townhome lifestyle. Three levels of waterfront enjoyment, boating access, beautiful updates, and Florida living from sunrise to sunset—this is the coastal lifestyle you've been waiting for. The systems that typically consume a renovation budget are already handled. Offered AS_IS and priced for condition, with the upside left on the table for the next owner. Investors and renovation-minded buyers are encouraged to run their numbers and take a hard look. Cash offers preferred; proof of funds required with all offers. Seller is positioned to close quickly and cleanly — no repair negotiations, no appraisal contingency to manage .

Location

Details

Type:
Residential
Parking:
Assigned / Driveway / Garage Door Opener / Ground Level / Guest / Open / Tandem / Workshop in Garage
Year Built:
1994
Lot:
0.03 Acres
Heating:
Central / Electric
Price/sqft:
$197
Cooling:
Central Air
HOA:
$422

Valuation

Our model vs. what's actually selling nearby.
Estimate
$425,000
$334K – $627K
Confidence Low
List vs. estimate
$80K below estimate
List $345,000 · -18.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$197
-4.1% vs. city median $205
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,803
2025
HOA
$422/mo
Common Area Taxes, Community Pool, Escrow Reserves Fund
Pool
In Ground
Waterfront
Canal Front, Gulf/Ocean Front
Garage
2 car garage
Pets
Number Limit
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Split Bedroom

    • Stone Counters

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Assigned

    • Driveway

    • Garage Door Opener

    • Ground Level

    • Guest

    • Open

    • Tandem

    • Workshop in Garage

    Property

    • Levels: Three Or More

    • Exterior Features: Lighting / Other / Private Entrance / Sidewalk

    Lot

    • Lot: 0.03 Acres

    Other Property Information

    • Parcel Number: 193015897730000640

    • Zoning: RPD-10

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • HOA: $422

    • HOA Frequency: Monthly

    • Annual tax amount: $5,804

  • Source details

    • MLS ID: TB8542207

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Patio And Porch Features: Deck / Enclosed / Patio / Porch / Screened

    • Pool Features: In Ground

    • Direction Faces: Southeast

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1749

    • Water Source: Public

    • Subdivision Name: TARA CAY SOUND SOUTH

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SMITH & ASSOCIATES REAL ESTATE