Centrally located in the X flood zone of Old Town, this charming 2 bedroom 2 bathroom features off-street parking, screened in private porch, metal roof, arched ceilings, and an abundance of natural light. Excellent walking/biking location with easy access to Duval St, White St, beaches, and the top restaurants. Whether you're looking for a full-time residence, a vacation rental, or a place to retire to in the future, this property has endless possibilities. Own your piece of paradise today!
Sold for $550,000
$550,000
1016 Watson Ln, Key West, FL 33040
2beds
849sqft
Single Family Residence
Built in 1928
1,470 Square Feet Lot
$654,300 Zestimate®
$648/sqft
$5,343 Estimated rent
Home value
$654,300
$589,000 - $726,000
$5,343/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: August 24, 2024 at 03:20pm
Listed by:
Christopher Scott,PA 305-340-8080,
Expert Realty LLC (HQ)
Bought with:
Christopher Scott,PA, 3450762
Expert Realty LLC (HQ)
Source: FLKMLS,MLS#: 607605
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Washer, Gas Appliances, Microwave, Oven, Dryer
Features
- Cathedral Ceiling(s), Storage, Pantry
- Flooring: Tile
- Windows: Wood Frames, Other Windows/Doors
Interior area
- Total interior livable area: 849 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Open Porch/Balcony, Screened P/B
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 1,470 sqft
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00033350000000
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Propane
Community & neighborhood
Location
- Region: Key West
- Subdivision: Gwynn Sub (1.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,FHA,VA Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2024 | Sold | $550,000-32.9%$648/sqft |
Source:  FLKMLS #607605 Report a problem | ||
| 6/14/2024 | Pending sale | $820,000$966/sqft |
Source: FLKMLS #607605 Report a problem | ||
| 5/16/2024 | Contingent | $820,000$966/sqft |
Source:  Key West AOR #607605 Report a problem | ||
| 5/5/2024 | Price change | $820,000-3.5%$966/sqft |
Source: Key West AOR #607605 Report a problem | ||
| 3/25/2024 | Price change | $850,000-2.9%$1,001/sqft |
Source: Key West AOR #607605 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,878 -4.6% | $566,006 +0.6% |
| 2024 | $5,113 +99.9% | $562,693 +93.1% |
| 2023 | $2,558 +4.7% | $291,453 +3% |
Find assessor info on the county website
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Key West High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$654,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$654,300
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 1016 Watson Ln