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$1,800,000
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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.
Full Property Details
Full Property Details for 511 Tabby Ln
General
- Price: $1,800,000
- Taxes: $8,330 (2025)
- Status: Active
- Type: Single Family
- Source: 927
- MLS ID: 620880
- Updated: 8/5/2026
- Added to Site: 17 day(s) ago
Interior
- Appliances: Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Fruit Tree(s), Privacy Wall/Fence
Location
- Area: 01 - Key West
- County: Monroe
- Subdivision: Old Town - Unrecord (1.0)
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Structural Information
- Architectural Style: Above Flood, Conch
- Construction: Frame
- Square Feet: 1,368
- Sq. Ft. Source: Property Data Card
- Year Built: 1913
Lot Features
- Property View: No Waterview
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,200
- Lot Dimensions: 40 x 105
- Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $8,330.5
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 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
- Flood Zone: X
- APN: 00015770-000000
Listed by Island Home Realty Inc., Paige Bethel (305) 395-0550
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Schools
Schools serving 511 Tabby Ln
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Horace O'bryant School 1105 Leon Street, Key West, FL 33040 | 6-8 | 0.9 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 Tabby Ln
Date
Details
Price
Change
Source
8/05/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 511 Tabby Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,330
6%
$1,110,294
1%
2024
$7,827
12%
$1,096,673
16%
2023
$6,998
23%
$945,648
48%
2021
$5,684
-3%
$640,824
-9%
2022
$5,887
4%
$707,212
11%
2021
$5,684
2%
$637,814
2%
2019
$5,593
7%
$624,324
8%
2018
$5,234
—
$576,053
—
2017
$5,240
3%
$573,683
10%
2016
$5,065
1%
$520,397
4%
2015
$5,006
3%
$499,273
8%
2014
$4,844
8%
$462,994
8%
2013
$4,501
—
$429,197
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 Tabby Ln
511 Tabby Lane, Key West, FL 33040 (MLS# 620880) is a Single Family property with 3 bedrooms and 1 full bathroom. 511 Tabby Lane is currently listed for $1,800,000 and was received on August 05, 2026. Want to learn more about 511 Tabby Lane? Do you have questions about finding other Single Family real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

