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For sale
  • $950,000

    1022 Watson Ln, Key West, FL 33040

    3beds
    968sqft
    : 
    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
    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.
    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#: 617812MLS LogoOriginating MLS: Key West Association

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      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/23/2025Listed for sale$950,000+35.7%$981/sqft
        Source: Key West AOR #617812 Report a problem
        8/1/2006Sold$700,000+118.8%$723/sqft
        Source: FLKMLS #101946 Report a problem
        8/31/1999Sold$320,000+14.3%$331/sqft
        Source: FLKMLS #415372 Report a problem
        9/2/1997Sold$280,000$289/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: Old Town

          Getting around

          89 / 100
          Very Walkable
          27 / 100
          Some Transit
          94 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

          Local experts in 33040

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