1014 Varela Street 3, Key West, FL 33040

$330,000

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 308 Status: Closed

Current Price: $330,000 List Date: 4/05/2025 Last Modified: 9/24/2026

Overview

Description

Discover a unique opportunity to own a cozy 1-bedroom, 1-bath condominium ideally situated near vibrant downtown Key West, offering the perfect canvas for those with a vision to rejuvenate. While the property may need some TLC, its prime location allows for easy access to local shops, restaurants, and stunning beaches, making it an appealing option for both personal retreats and investment potential. With a spacious layout, an inviting outdoor area for enjoying the Florida sunshine, and a strong sense of community in the neighborhood, this condo is a hidden gem waiting to be transformed into your dream home or a lucrative rental. Don't miss your chance to unlock the full potential of this charming Key West property!

Listing Details MLS# 614494

Location, Tax & Legal

Street #: 1014
Street Name: Varela
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Viva Varela (1.0)
Area: 02 - Key West
KW Neighborhood: Old Town-S of Truman
Unit #: 3
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 8927207
Parcel #: 00032600-000106
Zoning: HDR - High Density Residential
Deed Restrictions: Unknown
Legal: UNIT 1014-3 VIVA VARELA A CONDOMINIUM OR1581-981
Taxes: 4029.38
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Condo
Waterfront: No
Pool: No
Year Built: 1908
Living Apx SqFt: 308
SqFt Source: Property Data Card
Total Bedrooms: Yes
Full Baths: Yes
Total Baths: Yes
Rentals Allowed: With Restrictions
Control Depth: 0
Lot SqFt: 0
Total Units: 0

Status Change Info

Under Contract Date: 2025-07-08
Sold Date: 2025-08-07

Association Info

Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Assoc Approval Req: Yes
Association Fee $: 538.05
Assoc/Mnt Fee Per: Monthly

Building Style

Above Flood: Unknown
Ground Level: Yes

More Information

Pets

Pets w/Restrictions: 1 Pet Max 50 lbs

Remarks & Misc

Remarks – Consumer: Discover a unique opportunity to own a cozy 1-bedroom, 1-bath condominium ideally situated near vibrant downtown Key West, offering the perfect canvas for those with a vision to rejuvenate. While the property may need some TLC, its prime location allows for easy access to local shops, restaurants, and stunning beaches, making it an appealing option for both personal retreats and investment potential. With a spacious layout, an inviting outdoor area for enjoying the Florida sunshine, and a strong sense of community in the neighborhood, this condo is a hidden gem waiting to be transformed into your dream home or a lucrative rental. Don't miss your chance to unlock the full potential of this charming Key West property!

Fee Includes

Building Insurance: Yes
Common Area Mnt: Yes
Sewer: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dryer: Yes
Oven: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Cooling

Ductless: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Property Condition

Fixer Upper: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes

Porch/Balcony

Patio: Yes

Title

Negotiable: Yes

Property Features

Fee Includes: Building Insurance; Common Area Mnt; Sewer Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Cooling: Ductless Utilities: Buyer to Verify; FKAA Appliances: Dryer; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Construction: Frame Land Size: Less Than 1/4 Acre Title: Negotiable

Listing Office: Robert Slack LLC

Last Updated: September - 24 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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