510 Porter Ln Key West, FL 33040
Truman Annex Neighborhood
2
Beds
3
Baths
960
Sq Ft
871
Sq Ft Lot
About This Home
As of March 2025Located in the highly sought-after Truman Annex, 510 Porter Lane is a beautifully renovated 2-bedroom, 2.5-bathroom townhome, just steps from Duval Street, the Truman Waterfront Amphitheater, top restaurants, bars, and all the attractions of Old Town Key West. A deeded covered parking spot is conveniently located just a few steps from the unit. Fully renovated in 2023, this home blends historic charm with modern design, making it one of the most recently updated and finest units in all of the Annex. Hurricane impact windows and doors provide the highest level of protection and lower insurance costs, while all outdoor spaces--including both porches and balconies--feature durable composite decking, adding to the home's refined yet low-maintenance appeal. Located in the X-Flood Zone, this property offers another rare advantage--significantly lower insurance costs in a prime Key West location. This turnkey home is being sold fully furnished, with all interior furnishings included. Only the patio and porch/balcony furniture will not convey. Currently an active vacation rental, this property is a prime investment opportunity in one of Key West's most desirable communities.
Last Agent to Sell the Property
Expert Realty LLC (HQ) License #Sales Associate Listed on: 02/15/2025
Townhouse Details
Home Type
Townhome
Est. Annual Taxes
$8,748
Year Built
1994
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Townhouse
- As Is Right To Inspect: Yes
- First Right of Refusal: Yes
- Association Fee: 1175.00
- Mandatory HOA: Yes
- Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt
- Key Island: Key West
- K W Neighborhood: Truman Annex
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 7.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Community Pool, Bike Paths, Other Area Features, Fire Hydrant, Manager on Premises
- Pets: Pets Allowed
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 8649.71
- Vehicle Storage: Assigned Parking, Covered Parking
- Year Built: 1994
- Alternate Key Number: 8846576
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 917.00
- Porch Balcony: Open Porch/Balcony
- Association Maintenance Fee Per: Quarterly
- Shutters: Panel
- Tax Exemptions: Homestead
- Building Style Above Flood: Unknown
- License Info Transient Rntl Licns: Yes
- Estimated Living Sq Ft: 960.00
- Pool Info Other: Community Pool
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Townhouses
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Storage, Smoke Alarms
- Total Bathrooms: 3.00
- Full Bathrooms: 2
- Appliances: Washer, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Half Bathrooms: 1
- Windows/Doors: French Doors
- Total Bedrooms: 2
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame, Combo Construction
- Exterior Features: Fencing, Rain Gutters
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Security: Patrolled Area
- Utilities: FKAA
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: 0.2 PCT ANNUAL CHANC
- Land Size: Less Than 1/4 Acre
- Acres: 0.02
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 2024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2025
Closed on
Mar 18, 2025
Sold by
Nagle Walter Mark and Nagle Diana Lynn
Bought by
Dennis N Barber Sr Revocable Trust and Barber
Seller's Agent
Austin Kimbler
Expert Realty LLC (HQ)
Buyer's Agent
Elizabeth Chamberlain
Truman & Co. (KW)
List Price
$1,500,000
Sold Price
$1,500,000
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,724
Avg. Annual Appreciation
-5.50%
Purchase Details
Listed on
Apr 22, 2022
Closed on
May 16, 2022
Sold by
Cel2 Parrot Llc
Bought by
Walter Mark Nagle And Diana Lynn Nagle Living
Seller's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
List Price
$1,175,000
Sold Price
$1,200,000
Premium/Discount to List
$25,000
2.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Purchase Details
Closed on
Feb 24, 2022
Sold by
Home Run Properties Llc
Bought by
Cel2 Parrot Llc
Purchase Details
Listed on
Apr 25, 2018
Closed on
Aug 1, 2018
Sold by
Read David J
Bought by
Home Run Properties Llc
Seller's Agent
Robin Van Mater
Key West Sales, LLC
Buyer's Agent
Megan Lowe
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Purchase Details
Listed on
Apr 25, 2018
Closed on
Jul 20, 2018
Sold by
Read David J
Bought by
Home Run Properties Llc
Seller's Agent
Robin Van Mater
Key West Sales, LLC
Buyer's Agent
Megan Lowe
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Purchase Details
Closed on
May 11, 2000
Sold by
Sutter John E and Sutter Harriet A
Bought by
Read David J and Read Lesley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 1994
Sold by
A J Assoc Key W Inc
Bought by
Sutter John E and Sutter Harriet A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
8.51%
Purchase Details
Closed on
Jun 1, 1994
Bought by
Read David J and Read Lesley-Anne F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
8.51%
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | None Listed On Document | |
| Warranty Deed | $1,200,000 | Smith Hawks Pl | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $885,000 | None Listed On Document | |
| Warranty Deed | $885,000 | None Listed On Document | |
| Warranty Deed | $885,000 | None Listed On Document | |
| Deed | $295,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $139,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $111,920 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Sold | $1,500,000 | 0.0% | $1,563 / Sq Ft |
| 02/15/2025 02/15/25 | For Sale | $1,500,000 | +25.0% | $1,563 / Sq Ft |
| 05/16/2022 05/16/22 | Sold | $1,200,000 | +2.1% | $1,250 / Sq Ft |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | For Sale | $1,175,000 | +32.8% | $1,224 / Sq Ft |
| 07/20/2018 07/20/18 | Sold | $885,000 | -1.6% | $922 / Sq Ft |
| 07/05/2018 07/05/18 | Pending | -- | -- | -- |
| 04/25/2018 04/25/18 | For Sale | $899,000 | -- | $936 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,748 | $1,024,714 | $751,023 | $273,691 |
| 2023 | $8,748 | $990,434 | $729,840 | $260,594 |
| 2022 | $7,404 | $936,676 | $650,061 | $286,615 |
| 2021 | $6,721 | $718,698 | $486,377 | $232,321 |
| 2020 | $6,475 | $693,112 | $458,317 | $234,795 |
| 2019 | $6,863 | $731,128 | $493,860 | $237,268 |
| 2018 | $5,838 | $641,166 | $463,085 | $178,081 |
| 2017 | $5,682 | $657,774 | $0 | $0 |
| 2016 | $5,589 | $630,751 | $0 | $0 |
| 2015 | $5,060 | $519,390 | $0 | $0 |
| 2014 | $4,868 | $488,608 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Kimbler
Seller's Agent in 2025
Austin Kimbler
Expert Realty LLC (HQ)
(305) 509-2516
2 in this area
77 Total Sales
-
Elizabeth Chamberlain
Buyer's Agent in 2025
Elizabeth Chamberlain
Truman & Co. (KW)
(305) 619-0802
4 in this area
57 Total Sales
-
The Lowe Group
Seller's Agent in 2022
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
(689) 346-0506
2 in this area
51 Total Sales
-
Robin Van Mater
R
Seller's Agent in 2018
Robin Van Mater
Key West Sales, LLC
(305) 797-6784
25 Total Sales
-
M
Buyer's Agent in 2018
Megan Lowe
Berkshire Hathaway HomeServices Knight & Gardner Realty
Map
Source: Key West Association of REALTORS®
MLS Number: 613716
APN: 00010120-005016
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