$1,575,000
 $8,455 est/mo Sourced by Back At You

1005 Watson Street 1,KEY WEST, FL 33040

KEY WEST, FL 33040

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Description

Experience the best of Old Town Key West in this beautifully updated 3-bedroom, 2-bath home offering the ease of single-level living. Inside, you'll find hardwood floors, tall ceilings, French doors, stainless steel appliances, and an inviting open layout filled with natural light. Designed for the Key West lifestyle, the private backyard features a saltwater pool with heater and chiller, outdoor shower, lush tropical landscaping, spacious patio, and two dedicated off-street parking spaces. This property is turnkey, fully furnished and ready to enjoy from day one. Well maintained and tastefully updated, recent improvements include a new HVAC system, saltwater pool system, updated furnishings and termite tenting. Currently operating as a monthly vacation rental with an established rental history. Located in the center of Old Town just moments from Higgs Beach, Duval Street, the Historic Seaport, neighborhood cafés, restaurants and shopping. This property offers the privacy and feel of a single family home, it is part of an intimate two-unit condominium association with no shared common elements. Whether you're looking for a successful investment property, a full-time residence, or your own island getaway, this home checks every box. Schedule your private showing today to explore this Key West opportunity.

Details

MLS #620577
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,117
Sub-TypeResale
StatusActive
Year1933
Days On Site45
Listing Provided ByBrenda Donnelly Real Estate LLC | Megan McDowell

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,070
PoolYes
ZoningHHDR - Historic High Density Res
Acreage0.11
Water FrontNone
Property ViewNo Waterview

Taxes

Property9606

Area Information

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameGwynn Sub (1.0)
Listing VS Median (in Gwynn Sub (1.0))
Price:
$1,575,000
low | high
Med:
$1,025,000
84.920634920635% of Average
sqft:
1,070
low | high
Med:
953
60.934579439252% of Average
$ / sqft:
$1,472
low | high
Med:
$1,076
76.930828294942% of Average
On site:
45
low | high
Med:
17
100% of Average
Sourced by Back At You

Market Activity 33040

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Learn More About This Property

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameGwynn Sub (1.0)
Listing VS Median (in Gwynn Sub (1.0))
Price:
$1,575,000
low | high
Med:
$1,025,000
84.920634920635% of Average
sqft:
1,070
low | high
Med:
953
60.934579439252% of Average
$ / sqft:
$1,472
low | high
Med:
$1,076
76.930828294942% of Average
On site:
45
low | high
Med:
17
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.181M - $1.968M
sqft: 803 - 1,000
Nearby Listings Property ImageNearby Listings Details
1116 Truman Avenue A Property Photo 1
$1,025,000
1116 Truman Avenue A
Key West, FL 33040
Listing Updated: August 17, 2026 at 5:43:16 PM PDT