Unmatched Old Town Opportunity!Location, Location, Location! This is your chance to own one of the most coveted properties in Old Town Key West--a truly unique home and lot that must be seen to be fully appreciated. Tucked away and completely hidden from view, this remarkably private property is the only single-family home currently on the market with direct pedestrian access to Duval Street via a charming walking lane.Step behind the gate and be transported into your own secluded tropical oasis. With a generous 4,200 sq ft lot, there's ample room to add a pool or expand, creating your ideal island retreat. Zoned as a non-contributing structure with HARC (buyer to verify), the home offers incredible potential as a restoration or redevelopment project.Permitted for Transient License Receivership HRCC1 (buyer to verify), this is a rare find in a premier location. First time ever offered for sale--don't miss this exceptional opportunity!
For sale
$1,900,000
511 Tabby Ln, Key West, FL 33040
3beds
1,368sqft
Single Family Residence
Built in 1913
4,356 Square Feet Lot
$1,769,300 Zestimate®
$1,389/sqft
$-- HOA
What's special
- 357 days |
- 225 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Paige Bethel 305-395-0550,
Island Home Realty Inc.
Source: FLKMLS,MLS#: 615688
Originating MLS: Key West Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Refrigerator, Oven
Interior area
- Total interior livable area: 1,368 sqft
Property
Features
- Fencing: Privacy
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 4,356 Square Feet
- Features: Less Than 1/4 Acre
- Residential vegetation: Fruit Tree(s)
Details
- Parcel number: 00015770000000
- Zoning: HRCC
- Zoning description: (1 4) - Hist Res Comm Core 1-4 SF Specl
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conch
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Buyer to Verify
Community & HOA
Community
- Subdivision: Old Town - Unrecord (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,389/sqft
- Tax assessed value: $1,295,574
- Annual tax amount: $7,826
- Date on market: 7/7/2025
Estimated market value
$1,769,300
$1.68M - $1.86M
$4,492/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Listed for sale | $1,900,000-5%$1,389/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $1,999,999$1,462/sqft |
Source: | ||
| 6/3/2024 | Listed for sale | $1,999,999$1,462/sqft |
Source: | ||
| 6/1/2024 | Listing removed | -- |
Source: | ||
| 2/16/2024 | Price change | $1,999,999-4.8%$1,462/sqft |
Source: | ||
| 11/10/2023 | Price change | $2,100,000-16%$1,535/sqft |
Source: | ||
| 5/8/2023 | Listed for sale | $2,500,000$1,827/sqft |
Source: | ||
| 5/7/2023 | Listing removed | -- |
Source: | ||
| 1/16/2023 | Listed for sale | $2,500,000$1,827/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,331 +6.4% | $916,154 +8.2% |
| 2024 | $7,827 +11.8% | $846,642 +11.8% |
| 2023 | $6,998 +18.9% | $757,235 +8.7% |
| 2022 | $5,887 +3.6% | $696,380 +8.7% |
| 2021 | $5,684 +0.8% | $640,824 +0.5% |
| 2020 | $5,639 | $637,814 +0.8% |
| 2019 | $5,639 +0.8% | $632,959 +9.9% |
| 2018 | $5,593 +6.9% | $576,053 +0.4% |
| 2017 | $5,234 -0.1% | $573,683 +10.2% |
| 2016 | $5,240 +3.4% | $520,397 +3.3% |
| 2015 | $5,065 | $503,903 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Duvall Street
Getting around
28 / 100
Some TransitNearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.9 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- Duvall Street
- 511 Tabby Ln






