711 Waddell Avenue, Key West, FL 33040
New Listing
$2,650,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,472
Lot Size (sq. ft.):
3,000
Status:
Active
Current Price:
$2,650,000
List Date:
10/20/2026
Last Modified:
10/21/2026
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.
More Information MLS# 621713
Contract Information
Current Price: $2,650,000
Listing Date: 2026-10-15
Listing Board: Key West Association
List Price: $2,650,000
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 711
Street Name: Waddell
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Key West Investment Co Sub (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1952
Lot Size: 50 X 60
Lot SqFt: 3000
Lot Sqft Source: Seller
Acres: 0.12
Living Apx SqFt: 1472
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 28
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Financial Status
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Other
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Title: Negotiable
Listing Office: Island Life Realty Experts
Last Updated: October - 21 - 2026
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