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

540 Porter Ln
Key West, FL 33040

Truman Annex
  • 2 Beds
  • 3 Baths
  • 960 sqft

$1,186,100

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $6,909/mo*
Refinance Your Home

$1,186,100

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $6,909/mo*
Refinance Your Home
2 Beds
3 Baths
960 sqft

Home Value

Trulia Estimate
$1.19M
Since last month
Decreased$49K (-3.9%)
Since last year
Decreased$61K (-4.9%)
Since last sale
Decreased$64K (-5.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +41% in the last 10 years
MonthEstimated value
2026
August 2026$1.19M
July 2026$1.2M
June 2026$1.23M
May 2026$1.21M
April 2026$1.22M
March 2026$1.2M
February 2026$1.2M
January 2026$1.19M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
528 Porter Ln, Key West, FL
0.02
Townhouse
$1,245,000
04/01/26
2
2.5
960
548 Porter Ln, Key West, FL
0.02
Townhouse
$1,160,000
01/16/26
2
2.5
960
231 Southard St, Key West, FL
0.03
Townhouse
$1,285,000
08/28/25
2
2.5
960
212 Southard St, Key West, FL
0.06
Townhouse
$1,050,000
05/01/26
2
2.5
960
532 Porter Ln, Key West, FL
0.01
Townhouse
$1,075,000
01/21/26
2
1.5
960
237 Southard St, Key West, FL
0.03
Townhouse
$1,075,000
10/17/25
2
1.5
960
208 Fleming St, Key West, FL
0.07
Townhouse
$1,070,000
03/02/26
2
2.5
960
101 Front St #15, Key West, FL
0.18
Townhouse
$1,220,000
09/30/25
2
2.5
1,216
101 Front St #8, Key West, FL
0.18
Townhouse
$1,345,000
05/20/26
2
2.5
1,216
201-2 Southard St, Key West, FL
0.03
Townhouse
$1,000,000
02/02/26
2
1.5
960

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
217 Southard St, Key West, FL 33040
0.02
$951,700
3
2
1,320
Off Market
221 Southard St #221, Key West, FL 33040
0.02
$1,285,700
3
2
1,250
Off Market
203 Southard St #2, Key West, FL 33040
0.03
$1,220,700
2
2.5
900
Off Market
203 Southard St #3, Key West, FL 33040
0.03
$1,224,100
2
1.5
960
Off Market
201-2 Southard St, Key West, FL 33040
0.03
$1,000,000
2
1.5
960
Recently Sold
204 Southard St #5, Key West, FL 33040
0.06
$865,000
2
1
646
For Sale
237 Southard St, Key West, FL 33040
0.03
$1,192,200
2
1.5
960
Off Market
542 Porter Ln #34, Key West, FL 33040
0.00
$620,300
2
1
920
Off Market
564 Porter Ln, Key West, FL 33040
0.02
$1,350,000
2
2.5
960
For Sale
520 Emma St, Key West, FL 33040
0.02
$2,827,200
3
3
1,914
Off Market
518 Emma St, Key West, FL 33040
0.03
$2,932,300
4
2.5
1,730
Off Market
206-3 Southard St, Key West, FL 33040
0.08
$813,800
2
1
646
Off Market

Local Information

  • Map ViewExplore the area around 540 Porter Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1994
Living Area
960 sqft
Price/Sqft
$1,236

About this House

*Please do not contact through this site. Use provided phone number.*

Super convenient and charming townhome in a quiet neighborhood in the heart of the historic district! Weekly or monthly rentals. Sleeps six (one queen bed, two twins that can be converted to king, and a full sleeper sofa downstairs). Approved pets with additional fee. Easy walk to Duval Street, restaurants, grocery stores, Florida Keys National Marine Sanctuary, as well as bicycle and scooter rentals. Fort Zachary State Park is located just beyond the Truman Annex property and offers a beach along with snorkeling. You can leave your car at home, but there's a dedicated covered parking spot right out the back gate-so handy for unloading groceries! Your front porch looks out on the lovely gardens of pedestrian-only Porter Lane. The back deck has a large dining table and propane grill. You can watch the sunset through the palms from the second floor master bedroom. Both bedrooms have en suite baths and televisions. The pool is right around the corner. Amenities: Wifi, shared pool, clothes washer and drier, hair driers, magnifying mirror, central AC, ceiling fans, propane grill, DVD player, smart TV, movies, games, books, stove, microwave, dishwasher, espresso machine, coffee maker, blender, toaster. All linens, soaps, cooking implements included. Just show up and have fun!Also available weekly, for Saturday arrivals. $1,750 - 2,750/week or $5,250 - 8,250/month (depending on season).

Also available weekly, for $2750 per week. Rates vary according to season.
540 Porter Ln, Key West, FL 33040 is a 2 bedroom, 3 bathroom, 960 sqft townhouse in Truman Annex, built in 1994. It last sold for $1,250,000 on Jul 25, 2022. More recently, it was listed as a rental in November 2018 with an asking price of $8,250 per month. That rental listing was removed on December 28, 2018. It is currently off market. The Trulia Estimate is $1,186,100, with a rent estimate of $4,474/month.

Home Details for 540 Porter Ln

Interior Features

Heating & Cooling
Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: HardwoodGated Entry
Interior Details
Types of Rooms: Dining Room, Master BathCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: OtherFoundation Type: SlabPorch
Pool
Pool
Parking & Garage
Parking Space: 1Parking: Off Street

Property Information

Year Built
Year Built: 1994Year Updated: 1997
Property Type / Style
Property Type: TownhouseArchitecture: Other

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 831 sqft

Price and Tax history

DateEventPrice
Jul 25, 2022
Source: FLKMLS #601960
Sold
$1,250,000
Dec 28, 2018
Source: Agent Provided
ListingRemoved
$8,250
Nov 25, 2018
Source: Agent Provided
Listed For Rent
$8,250
Mar 6, 2016
Source: Agent Provided
ListingRemoved
$8,250
Feb 4, 2016
Source: Agent Provided
Listed For Rent
$8,250

Market trends in Key West

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.28M
$50KMoM
Sale-to-List Price
95.1%
0.5%MoM
Price per sq ft
$933
$26MoM
Available listings
271
17MoM
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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

Apartments for Rent

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Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Homes for sale near 540 Porter Ln

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Off Market Homes Near 540 Porter Ln

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Frequently asked questions about 540 Porter Ln

  • What is 540 Porter Ln estimated to be worth?
    Trulia's estimated value for 540 Porter Ln in Key West, FL is $1,186,100.
  • What is the price history for 540 Porter Ln?
    540 Porter Ln in Key West, FL last sold for $1,250,000 in July 2022.
  • 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 $1.28M. That is up $50K from the prior month.
  • Does 540 Porter Ln have air conditioning?
    Yes, 540 Porter Ln in Key West, FL has air conditioning.
  • Does 540 Porter Ln have a pool?
    Yes, 540 Porter Ln in Key West, FL has a pool.