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$1,800,000
Key West, FL 33040
Estimated payment $9,677/month
HOA not listed, not included · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
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.
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 11/1/2026 | Listed for sale | $1,800,000$1316/sqft |
Paige Bethel
Island Home Realty Inc.
Brokerage Phone: 305-395-0550
Source: Florida Keys MLS · MLS #620880
Data Powered by Home Junction, Inc.
KEY WEST MONTESSORI CHARTER SCHOOL, INC
Elementary · 0.7 mi
MONROE VIRTUAL INSTRUCTION PROGRAM
Elementary · 0.7 mi
MONROE VIRTUAL FRANCHISE
High · 0.7 mi
Faustos
0.2 mi
Charlie's Grocery
0.2 mi
Johnson's Grocery
0.2 mi
Lola’s
0.1 mi
Origami Sushi Bar
0.3 mi
Italian Sea Food
0.3 mi
Nancy Forrester's Secret Garden
0.2 mi
Bill Butler Park
0.2 mi
Truman Waterfront Park
0.4 mi
South Beach
0.6 mi
Dog Beach
0.7 mi
Truman Beach
0.8 mi
Nearby amenity locations include data © OpenStreetMap contributors.