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  • 1016 Varela Street Rear, Key West, FL 33040 (MLS# 588035)

1016 Varela Street Rear, Key West, FL 33040

$850,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,382 Lot Size (sq. ft.): 2,142 Status: Closed
Current Price: $850,000 List Date: 11/04/2019 Last Modified: 3/10/2026

Description

Completely renovated, tropical retreat in a secluded compound. The property can be conveniently accessed via Varela Street or at the end of Watson Lane. This 3 bedroom 3 bath home has been meticulously renovated by the owner who is a local contractor. The home features a large upstairs 1 bed, 1 bath mother-in-law for complete owner or guest privacy. Modern barn doors enclose the large master bedroom located on the first floor. The en suite master bath features historic yet modern touches such as a claw foot porcelain tub, rain shower head and scalloped tile. The second en suite bedroom is located just off the kitchen through the pocket doors. This room can pull double duty as an office or guest room that contains a space saving Murphy bed. The stackable laundry is conveniently located in a

Supplements: separate laundry closet within the second room. The kitchen is well organized with plenty of storage plus a stand-alone island. Hardwood floors, cathedral ceilings, exposed beams and recessed lighting are just a few of the many upgrades. The private backyard includes a whirlpool tub for relaxing under the stars. This hidden gem sits high in flood zone X which makes for low insurances. You must see this lovely renovation to truly appreciate its charm and quality craftsmanship. It is move-in ready! Schedule your private showing today.

More Information MLS# 588035

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $850,000 Listing Date: 2019-11-03 Sold Price: $850,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman Unit #: Rear 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 #: 9104094 Handicap Access: No Parcel #: 00032610-000320 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW GWYNN SUB 0-195 PT LOT 19 SQR 1 TR 13 (A/K/A PARCEL B 1016 VARELA TOWNHOMES) G5-559 OR654-780/783 OR1425-1425/30-E OR Taxes: 2609.74 Tax Year: 2018 Pub Sewer HkUp: Yes Street #: 1016 Street Name: Varela Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Gwynn Sub (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 2142 Pool: No Total Units: 1 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 1994 Living Apx SqFt: 1382 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Completely renovated, tropical retreat in a secluded compound. The property can be conveniently accessed via Varela Street or at the end of Watson Lane. This 3 bedroom 3 bath home has been meticulously renovated by the owner who is a local contractor. The home features a large upstairs 1 bed, 1 bath mother-in-law for complete owner or guest privacy. Modern barn doors enclose the large master bedroom located on the first floor. The en suite master bath features historic yet modern touches such as a claw foot porcelain tub, rain shower head and scalloped tile. The second en suite bedroom is located just off the kitchen through the pocket doors. This room can pull double duty as an office or guest room that contains a space saving Murphy bed. The stackable laundry is conveniently located in a

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

License Info

Transient Rntl Licns: No

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Ductless: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Wood: 1

Interior Features

Cathedral Ceilings: 1 Fire Sprinkler: 1 Quartz Countertops: 1 Smoke Alarms: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Conch: 1 Stories: 2 Stories

Construction

CBS: 1 Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Well: 1

Porch/Balcony

Deck: 1

Title

Negotiable: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Status Change Info

Sold Date: 2019-12-16 Sold Price: $850,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Conch Cooling: Ceiling Fans(s); Ductless Utilities: FKAA; Municipal Sewer; Well Interior Features: Cathedral Ceilings; Fire Sprinkler; Quartz Countertops; Smoke Alarms Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Construction: CBS; Frame Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: March - 10 - 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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