1022 Watson Lane, Key West, FL 33040

$950,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 968 Lot Size (sq. ft.): 1,535 Status: Active

Current Price: $950,000 List Date: 12/23/2025 Last Modified: 4/20/2026

Description

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.

More Information MLS# 617812

Contract Information

Listing Board: Key West Association Current Price: $950,000 Listing Date: 2025-12-22 List Price: $950,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Ocean Flood Zone: X Alternate Key #: 8643705 Handicap Access: No Parcel #: 00032610-000100 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW GWYNN SUB PT LOT 19 SQR 1 TR 13 OR876-2010 OR1121-1508 OR1121-806 OR1142-1001 OR1142-1005 OR1171-511 OR1425-1418 OR14 Taxes: 3591.74 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 1022 Street Name: Watson Street Suffix: Lane 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: 1535 Pool: Yes Total Units: 0 Acres: 0.04 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 30 Style: Single Family Year Built: 1934 Living Apx SqFt: 968 Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: 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.

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

Homestead: 1

Appliances

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

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Wood: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

French Doors: 1 Single Hung Windows: 1

Vehicle Storage

Garage: 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

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Privacy Wall/Fence: 1 Storage: 1 Water Display: 1

Pool Info

In Ground: 1 Concrete: 1 Decked: 1

Shutters

Other: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Garage Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Privacy Wall/Fence; Storage; Water Display Pool Info: In Ground; Concrete; Decked Construction: Frame Shutters: Other Floor: Wood Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA Title: Negotiable

Room Information

Full Bathroom Level: Second Bedroom 1 Level: Second Living Room Level: Second Kitchen Level: Second Dining Room Level: Second Bedroom 2 Level: Main Bedroom 3 Level: Main Full Bathroom Level: Main Half Bathroom Level: Main

Listing Office: Island Life Realty Experts

Last Updated: April - 20 - 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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