Old Town opportunity with the features buyers ask for most: private pool, garage, and X-zone location. This 3-bedroom, 2 full bath, 1 half bath home offers a flexible two-story layout with the main living space upstairs and a separate downstairs lock-out with its own entrance, ideal for guests, extended family, or a private home office setup. The home also features wood floors, central air, French doors, deck and balcony space, and a fenced setting designed for relaxed Key West living. Built in 1934, this property blends character, versatility, and a prime Old Town location with room to make it your own.
For sale
$950,000
1022 Watson Ln, Key West, FL 33040
3beds
968sqft
Est.:
Single Family Residence
Built in 1934
1,742.4 Square Feet Lot
$-- Zestimate®
$981/sqft
$-- HOA
What's special
Private poolFlexible two-story layoutMain living space upstairsFrench doorsCentral airWood floorsDeck and balcony space
- 110 days |
- 4,190 |
- 167 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2026 at 01:11am
Listed by:
Nick Norman 657-730-8963,
Island Life Realty Experts
Source: FLKMLS,MLS#: 617812
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Features
- Flooring: Wood
- Doors: French Doors
- Windows: Single Hung Windows, Other
Interior area
- Total interior livable area: 968 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Accessibility
- Accessibility features: No
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck
- Exterior features: Water Display, Storage
- Has private pool: Yes
- Pool features: In Ground, Decked, Concrete
- Fencing: Privacy
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 1,742.4 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00032610000100
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Year built: 1934
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Subdivision: Gwynn Sub (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $981/sqft
- Tax assessed value: $655,279
- Annual tax amount: $3,591
- Date on market: 12/23/2025
- Listing terms: Cash,FHA,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Listed for sale | $950,000+35.7%$981/sqft |
Source: | ||
| 8/1/2006 | Sold | $700,000+118.8%$723/sqft |
Source: | ||
| 8/31/1999 | Sold | $320,000+14.3%$331/sqft |
Source: | ||
| 9/2/1997 | Sold | $280,000$289/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,592 +5.1% | $409,573 +2.9% |
| 2024 | $3,416 +1.9% | $398,031 +3% |
| 2023 | $3,352 +4.6% | $386,438 +3% |
| 2022 | $3,205 -1.8% | $375,183 +3% |
| 2021 | $3,262 +1.7% | $364,256 +1.4% |
| 2020 | $3,206 | $359,227 -7.9% |
| 2019 | $3,206 -8.3% | $389,873 +13.1% |
| 2018 | $3,498 +11.1% | $344,651 +2.1% |
| 2017 | $3,149 +0.5% | $337,564 +2.1% |
| 2016 | $3,132 -2.8% | $330,608 +0.7% |
| 2015 | $3,221 | $328,310 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,294/mo
Principal & interest
$4645
Property taxes
$649
More affordability tools
Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Key West High SchoolGrades: 9-12Distance: 0.9 mi
Local experts in 33040
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 1022 Watson Ln






