Bahama Village is the most up-and-coming neighborhood in Key West. Although Bahama Village is technically still “Old Town” it is its own subdivision within Old Town. If you’re in it for the long run this is the place to invest. Ten years ago I wouldn’t go near Bahama Village after dark but that has drastically changed. It is just a few blocks from Duval Street yet still quiet. Parking is very rarely a problem, and it is a tight-knit neighborhood where the locals all watch out for each other.