$2,650,000
 $14,226 est/mo Sourced by Back At You

711 Waddell Avenue,KEY WEST, FL 33040

KEY WEST, FL 33040

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Description

Build new in Old Town, steps from the Atlantic. 711 Waddell Street offers something Key West's Historic District seldom allows: the opportunity to remove the existing 1952 concrete block ranch and build a brand-new, fully code-compliant home in its place. Plans for the new residence are currently in the City of Key West approval process, with approvals anticipated prior to closing, so the new owner can move forward with construction without starting the process from the beginning. The proposed design is a classic two-story Conch-style residence with 3 bedrooms and 3 baths. It features a full-width front porch with a balcony above, metal roof, louvered shutters, and wood entry doors, combining historic character with modern construction. Inside, the living room opens directly to a private pool, with an open kitchen and dining area at the center of the home. A ground-floor guest suite and an upstairs primary suite with walk-in closet and balcony access complete the plan. Off-street parking is included. The location is exceptional. The home sits across the street from the Atlantic Ocean and Louie's Backyard, one of Key West's most celebrated waterfront restaurants, in a quiet residential pocket of the Historic District. Morning walks along the water, sunset dinners across the street, and an easy bike ride to Duval Street are all part of daily life here. New construction means current hurricane and flood standards, new systems throughout, and finishes selected to your own taste. Buyer to verify plans, approval status, and permit requirements with the City of Key West.

Details

MLS #621713
Listing TypeFor Sale
StyleHouse
HOA Dues$125
Sub-TypeResale
StatusActive
Year1952
Days On Site20
Listing Provided ByIsland Life Realty Experts | Jimmy R Lane

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,472
ZoningHMDR - Historic Medium Density R
Acreage0.12
Water FrontNone
Property ViewNo Waterview

Taxes

Property10645

Area Information

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameKey West Investment Co Sub (1.0)
Listing VS Median (in Key West Investment Co Sub (1.0))
Price:
$2,650,000
low | high
Med:
$2,799,000
44.377358490566% of Average
sqft:
1,472
low | high
Med:
2,412
13.858695652174% of Average
$ / sqft:
$1,800
low | high
Med:
$1,160
85.540411151788% of Average
On site:
20
low | high
Med:
334
5.988023952096% of Average
Sourced by Back At You

Market Activity 33040

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Learn More About This Property

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameKey West Investment Co Sub (1.0)
Listing VS Median (in Key West Investment Co Sub (1.0))
Price:
$2,650,000
low | high
Med:
$2,799,000
44.377358490566% of Average
sqft:
1,472
low | high
Med:
2,412
13.858695652174% of Average
$ / sqft:
$1,800
low | high
Med:
$1,160
85.540411151788% of Average
On site:
20
low | high
Med:
334
5.988023952096% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.987M - $3.312M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
1419 Reynolds Street Property Photo 1
$2,150,000
1419 Reynolds Street
Key West, FL 33040
Listing Updated: November 2, 2026 at 9:00:13 AM PST