$1,900,000

511 Tabby Way Key West, FL 33040

Old Town Neighborhood

Estimated payment $10,656/month

Total Views 24,806
3 Beds
1 Bath
1,368 Sq Ft
$1,389 Price per Sq Ft

About This Home

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!

Listing Agent

Paige Bethel

Island Home Realty Inc. License #3382346 Listed on: 07/07/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,998

Year Built

1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 7826.00
  • Title: Negotiable
  • Year Built: 1913
  • Alternate Key Number: 1016144
  • Building Style: Conch
  • Lot Sq Ft: 4200.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1368.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Oven
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Privacy Wall/Fence
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $6,998 $1,096,673 -- --
2023 $6,998 $945,648 $0 $0
2022 $5,887 $707,212 $0 $0
2021 $5,684 $640,824 $0 $0
2020 $5,639 $637,814 $0 $0
2019 $5,593 $632,959 $0 $0
2018 $5,234 $576,053 $0 $0
2017 $5,240 $573,683 $0 $0
2016 $5,065 $520,397 $0 $0
2015 $5,006 $503,903 $0 $0
2014 $4,844 $474,743 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,900,000 -- $1,389 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 --
Deed $6,400 --
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 615688

Key West Association of REALTORS®

APN: 00015770-000000

Florida Monroe County Key West 33040 Old Town

511 Tabby Way, Key West, FL

This home is located at 511 Tabby Way, Key West, FL 33040 and is currently priced at $1,900,000, approximately $1,388 per square foot. This property was built in 1913. 511 Tabby Way is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Paige Bethel
Listing Agent
Paige Bethel
Section Image
Island Home Realty Inc.
(786) 550-6240