1021 Watson Street, Key West, FL 33040

$888,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,397 Lot Size (sq. ft.): 7,070 Status: Closed

Current Price: $888,000 List Date: 2/20/2021 Last Modified: 1/12/2026

Description

Old Town single-family home in the Historic District, extra large corner lot with in-ground pool. Needs work, but could be diamond-in-the-rough for the right buyer. X-Flood zone. Priced well below recent appraisal. High ceilings, lots of Dade County Pine. Nice residential area, close to major attractions, but comfortably removed from tourist traffic. Perfectly livable or rent-able as-is, but great opportunity for buyer with vision and construction skills.

More Information MLS# 594791

Contract Information

Listing Board: Key West Association Current Price: $888,000 Listing Date: 2021-02-19 Sold Price: $888,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1034223 Parcel #: 00033430-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW GWYNN SUB PT OF TR 13 G12-556 G48-482/483 OR69-233/234 OR207-375/376 OR633-605 OR755-987/988 OR755-1342 OR758-1036/10 Taxes: 6901.45 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 1021 Street Name: Watson 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: 7070 Pool: Yes Total Units: 0 Acres: 0.16 SqFt Source: Appraisal Rentals Allowed: With Restrictions Style: Single Family Year Built: 1940 Living Apx SqFt: 1397 Total Bedrooms: 2 Full Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: Old Town single-family home in the Historic District, extra large corner lot with in-ground pool. Needs work, but could be diamond-in-the-rough for the right buyer. X-Flood zone. Priced well below recent appraisal. High ceilings, lots of Dade County Pine. Nice residential area, close to major attractions, but comfortably removed from tourist traffic. Perfectly livable or rent-able as-is, but great opportunity for buyer with vision and construction skills. Directions: Truman into Old Town, left on Watson, property is on left, corner of Watson and Virginia.

Status Change Info

Sold Comments: Good one, Bascom Sold Date: 2021-04-19 Sold Price: $888,000 Status: Closed

Association Info

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

License Info

# of City License: 1

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Property Condition

Fixer Upper: 1

Building Style

Above Flood: Yes Ground Level: 1

Vehicle Storage

Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Pool Info

In Ground: 1

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Utilities: FKAA; Municipal Sewer Appliances: Dryer; Oven; Range; Refrigerator; Washer Pool Info: In Ground Construction: Frame Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA

Listing Office: LoKation Real Estate

Last Updated: January - 12 - 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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