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$1,800,000
511 Tabby Lane
Key West, FL 33040
MLS# 620880
3 beds  |  1 baths  |  1368 sqft


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Property Description
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.

Details
Maps
Contract Information
Listing Board: Key West Association
Current Price: $1,800,000
Listing Date: 2026-08-05
List Price: $1,800,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X
Alternate Key #: 1016144
Parcel #: 00015770-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Deed Restrictions: Unknown
Legal: KW PT LOT 2 SQR 2 TR 4 G7-246 OR466-941/42 OR471-778/79 OR1368-50 OR1389-1577 OR3007-1107 OR 3222-1257 OR3234-135
Taxes: 8330.5
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 511
Street Name: Tabby
Street Suffix: Lane
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot Size: 40 X 105
Lot SqFt: 4200
Pool: No
Total Units: 0
Acres: 0.1
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Style: Single Family
Year Built: 1913
Living Apx SqFt: 1368
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Remarks & Misc
Remarks – Consumer: 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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Appliances
Oven: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Building Style
Above Flood: Unknown
Conch: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
Buyer to Verify: 1
Title
Negotiable: 1
Exterior Features
Fruit Tree(s): 1
Privacy Wall/Fence: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: Conch
Utilities: Buyer to Verify
Appliances: Oven; Refrigerator
Exterior Features: Fruit Tree(s); Privacy Wall/Fence
Construction: Frame
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Title: Negotiable

Listing Office: Island Home Realty Inc.

Last Updated: August - 05 - 2026

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