For sale Residential

Listed Oct 20, 2026

$2,650,000 Est. $17,527/mo

711 Waddell Avenue

  • 3

    Beds

  • 2

    Baths

  • 1,472

    Sq ft

The story

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.

Facts & features

Home type

Residential

Year built

1952

Price per sq ft

$1,800

Mortgage calculator

Estimated monthly payment

$17,527 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $14,104
  • Property tax $2,650
  • Insurance $773

Includes principal, interest, taxes & insurance.

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Listing Broker

Island Life Realty Experts

Broker Name

Island Life Realty Experts

Agent

Jimmy R Lane