511 Tabby Lane, Key West, FL 33040

$1,800,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,368 Lot Size (sq. ft.): 4,200 Status: Active
Current Price: $1,800,000 List Date: 8/05/2026 Last Modified: 8/05/2026

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.

More Information MLS# 620880

Contract Information

Current Price: $1,800,000 Listing Date: 2026-08-05 Listing Board: Key West Association List Price: $1,800,000

Location Tax Legal

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 Style: Single Family Waterfront: No Pool: No Year Built: 1913 Lot Size: 40 X 105 Lot SqFt: 4200 Acres: 0.1 Living Apx SqFt: 1368 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 1 Total Baths: 1 Rentals Allowed: With Restrictions

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Unknown

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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