514 Porter Ln, Key West, FL 33040
Property image
Property image
OFF MARKET

$1,114,400

Trulia Estimate
as of Sep 13, 2026
  • 2 Beds
  • 2.5 Baths
  • 960 sqft

514 Porter Ln, Key West, FL 33040

Truman Annex

Home Highlights

Townhouse
960 sqft
$1,161/sqft

Local Information

  • Map ViewExplore the area around 514 Porter Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Currently available October-December,2026

Paradise on Porter is a wonderful vacation townhome located in the desirable Truman Annex area of downtown Key West.

This townhome is very convenient to all there is to do in downtown Key West. Leave your car at home because you can walk, bike or scooter to almost anywhere you want to go. This lovely 2 bedroom, 2 1/2 bath townhome is nicely appointed with stainless steel appliances, a washer and dryer, and a covered seating area outside. The living area has comfortable seating and a flat screen TV. The French doors open up onto the spacious deck and nicely landscaped yard. Upstairs are two bedrooms each with and ensuite bathroom, standard bed, and ample closet space. The laundry is in the upstairs hallway for convenience.

The Truman Annex Waterfront Park is close by with walking paths, open areas to play or relax, or bring the kids to the splash pad or park to play. Fort Zachary Taylor State Park and Beach are also close by and offer picnic areas with grills.

The beach areas are great for snorkeling and sunbathing. There are chairs and umbrellas for rent as well as a full concession stand and restrooms.

 Enjoy the quaintness of this fabulous neighborhood on your next visit to Key West and be right near all there is to do on our island.

One parking spot per unit - No Trucks or oversized vehicles - Campers or motorhomes not allowed on property.

 Sorry no pets allowed per HOA.

Rental periods will go from the 1st of the month to the last day of the month. By City of Key West Ordinance, the minimum rental period is 29 nights/30 days, except for February, which is 28 nights

RENTAL AGREEMENT WILL BE PROCESSED BY RENT KEY WEST VACATIONS.
Any stay under 6 months is subject to 12.5% sales tax on rent and fees
514 Porter Ln, Key West, FL 33040 is a 2 bedroom, 3 bathroom, 960 sqft townhouse in Truman Annex. It last sold for $910,000 on Feb 25, 2021 (15,067% above the $6,000 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $6,500 per month. That rental listing was removed on September 10, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,114,400, with a rent estimate of $4,847/month.

Home Details for 514 Porter Ln

Interior Features

Heating & Cooling
Heating: CentralAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 Month

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool

Comparable Sales for 514 Porter Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
532 Porter Ln, Key West, FL
0.02
Townhouse
$1,075,000
01/21/26
2
1.5
960 sqft
208 Fleming St, Key West, FL
0.04
Townhouse
$1,070,000
03/02/26
2
2.5
960 sqft
548 Porter Ln, Key West, FL
0.02
Townhouse
$1,160,000
01/16/26
2
2.5
960 sqft
201-2 Southard St, Key West, FL
0.06
Townhouse
$1,000,000
02/02/26
2
1.5
960 sqft
528 Porter Ln, Key West, FL
0.01
Townhouse
$1,245,000
04/01/26
2
2.5
960 sqft
237 Southard St, Key West, FL
0.06
Townhouse
$1,075,000
10/17/25
2
1.5
960 sqft
212 Southard St, Key West, FL
0.09
Townhouse
$1,050,000
05/01/26
2
2.5
960 sqft
404 Porter Ln, Key West, FL
0.05
Townhouse
$1,565,000
04/17/26
2
2
1,002 sqft
101 Front St #15, Key West, FL
0.15
Townhouse
$1,220,000
09/30/25
2
2.5
1,216 sqft
101 Front St #8, Key West, FL
0.15
Townhouse
$1,345,000
05/20/26
2
2.5
1,216 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Truman Annex

Last updated Sep 2026
Trulia Rent Estimate$4,847/mo
Average rent
$6K
$1.4KMoM
Available listings
3
View rental market trends in Key West, FL

Around this home

Neighborhood Overview

Truman Annex
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Truman Annex

At least 1 Trulia users voted on each feature.

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say neighbors are friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s a great neighborhood, we absolutely love having the opportunity to be able to live here!! We don’t have young kids so can’t really express things that are impt for them to know!!"
    1
    Flag
  • Langanlady
    "I have a 2 minute commute to the county courthouse. I could walk or bike but I am lazy and drive a car. "
    0
    Flag
  • Maya T.
    "This is the heart of historic Old Town Key West!"
    1
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 10, 2026
Source: Zillow Rentals
ListingRemoved
$6,000
Aug 13, 2026
Source: Zillow Rentals
PriceChange
$6,000
Price increased by 30%
May 7, 2026
Source: Zillow Rentals
PriceChange
$4,600
Price decreased by 23%
Mar 12, 2026
Source: Zillow Rentals
PriceChange
$6,000
Price decreased by 8%
Jan 29, 2026
Source: Zillow Rentals
Listed For Rent
$6,500

Frequently asked questions about 514 Porter Ln

  • What is 514 Porter Ln estimated to be worth?
    Trulia's estimated value for 514 Porter Ln in Key West, FL is $1,114,400.
  • What is the price history for 514 Porter Ln?
    514 Porter Ln in Key West, FL last sold for $910,000 in February 2021.
  • Is Key West a buyer's or seller's market?
    Key West is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Key West?
    The median sale price in Key West is $1.14M. That is down $143K from the prior month.
  • Does 514 Porter Ln have air conditioning?
    Yes, 514 Porter Ln in Key West, FL has air conditioning.
  • Does 514 Porter Ln have a pool?
    Yes, 514 Porter Ln in Key West, FL has a pool.

Homes for rent near 514 Porter Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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