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For sale
  • $1,900,000

    511 Tabby Ln, Key West, FL 33040

    3beds
    1,368sqft
    : 
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    Single Family Residence
    Built in 1913
    4,356 Square Feet Lot
    $1,769,300 Zestimate®
    $1,389/sqft
    $-- HOA

    What's special

    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!
    357 days
    |
    225
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paige Bethel 305-395-0550,

    Island Home Realty Inc.

    Source: FLKMLS,MLS#: 615688MLS LogoOriginating 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

        DateEventPrice
        7/7/2025Listed for sale$1,900,000-5%$1,389/sqft
        Source: Key West AOR #615688 Report a problem
        7/1/2025Listing removed$1,999,999$1,462/sqft
        Source: Key West AOR #610245 Report a problem
        6/3/2024Listed for sale$1,999,999$1,462/sqft
        Source: Key West AOR #610245 Report a problem
        6/1/2024Listing removed--
        Source: FLKMLS #605217 Report a problem
        2/16/2024Price change$1,999,999-4.8%$1,462/sqft
        Source: FLKMLS #605217 Report a problem
        11/10/2023Price change$2,100,000-16%$1,535/sqft
        Source: FLKMLS #605217 Report a problem
        5/8/2023Listed for sale$2,500,000$1,827/sqft
        Source: Key West AOR #605217 Report a problem
        5/7/2023Listing removed--
        Source: FLKMLS #603799 Report a problem
        1/16/2023Listed for sale$2,500,000$1,827/sqft
        Source: Key West AOR #603799 Report a problem

        Public tax history

        YearProperty taxesTax 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

          Payment breakdown

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          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 Transit

          Nearby schools

          GreatSchools rating

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