Steeped in Key West history and unlike anything else available in Old Town, 511 Tabby Lane presents an opportunity to own one of the island's most extraordinary properties. Hidden away at the end of a charming pedestrian lane with direct access to iconic Duval Street, this remarkably private home offers a level of seclusion and potential that is virtually impossible to replicate.
Rich in character and history, the property sits on an exceptionally deep 4,200-square-foot lot, a rarity in Old Town. There is simply no other property currently available that offers this combination of privacy, location, and land. The expansive lot provides endless possibilities, with ample space for a pool, pool house, guest quarters, lush gardens, outdoor entertaining areas, and more while still preserving the home's unique Old Town charm.
Completely hidden from view behind a gated entrance, the property feels like a private tropical sanctuary in the heart of Key West. Whether you envision thoughtfully restoring the existing residence or creating a one-of-a-kind island compound, the possibilities are exceptional. The structure is believed to be a non-contributing building with HARC (buyer to verify), offering additional flexibility for future improvements.
Adding to its rarity, the property is zoned for Transient License Receivership (buyer to verify), making it an incredibly attractive opportunity for investors, developers, or anyone seeking a truly unique Old Town residence.
Properties of this caliber and significance rarely become available. 511 Tabby Lane represents a chance to own a piece of Key West history while creating something that future generations will treasure. This is Old Town at its most authentic--and an opportunity that simply cannot be duplicated.
For sale
$1,800,000
511 Tabby Ln, Key West, FL 33040
3beds
1,368sqft
Single Family Residence
Built in 1913
4,356 Square Feet Lot
$1,666,700 Zestimate®
$1,316/sqft
$-- HOA
What's special
Lush gardensOutdoor entertaining areasExpansive lot
- 60 days
- 628
- 15
Zillow last checked:
Listing updated:
Listed by:
Paige Bethel 305-395-0550,
Island Home Realty Inc.
Source: FLKMLS,MLS#: 620880
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Refrigerator, Oven
Interior area
- Total structure area: 1,368
- Total interior livable area: 1,368 sqft
Property
Features
- Exterior features: Fruit Tree(s)
- Fencing: Privacy
Lot
- Size: 4,356 Square Feet
- Dimensions: 40 X 105
Details
- Parcel number: 00015770000000
- Zoning: HRCC(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
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: $1,316/sqft
- Tax assessed value: $1,295,574
- Annual tax amount: $8,330
- Date on market: 8/5/2026
Estimated market value
$1,666,700
$1.58M - $1.75M
$4,400/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $1,800,000-5.3%$1,316/sqft |
Source: | ||
| 8/1/2026 | Listing removed | $1,900,000$1,389/sqft |
Source: | ||
| 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







