$667,400
- 2 Beds
- 2 Baths
- 849 sqft
1016 Watson Ln, Key West, FL 33040
Est. Refi. Payment $4,080/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 18, 2024 for $550,000
Home Value
Trulia Estimate
$667KSince last month
Increased$18K (+2.7%)Since last year
Increased$114K (+20.7%)Since last sale
Increased$117K (+21.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +32% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $667K |
| August 2026 | $650K |
| July 2026 | $660K |
| June 2026 | $666K |
| May 2026 | $657K |
| April 2026 | $676K |
| March 2026 | $654K |
| February 2026 | $660K |
| January 2026 | $591K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $600,000 | 10/09/25 | 2 | 2 | 1,592 | |
0.18 | Single-Family Home | $780,000 | 01/07/26 | 2 | 2 | 648 | |
0.13 | Single-Family Home | $599,000 | 11/24/25 | 3 | 2 | 1,216 | |
0.14 | Single-Family Home | $1,300,000 | 05/06/26 | 2 | 2 | 1,125 | |
0.10 | Single-Family Home | $710,000 | 04/30/26 | 3 | 2 | 1,292 | |
0.15 | Single-Family Home | $1,075,000 | 10/07/25 | 2 | 1 | 840 | |
0.16 | Single-Family Home | $650,000 | 07/31/26 | 3 | 2.5 | 1,152 | |
0.04 | Single-Family Home | $1,170,000 | 08/20/26 | 3 | 3 | 1,306 | |
0.10 | Single-Family Home | $769,000 | 04/30/26 | 3 | 2 | 1,759 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $340,000 | 1 | 1 | 308 | Off Market | |
0.03 | $468,700 | Studio | 1 | 241 | Off Market | |
0.02 | $692,700 | 1 | 2 | 646 | Off Market | |
0.03 | $1,575,000 | 3 | 2 | 1,070 | For Sale | |
0.04 | $1,170,000 | 3 | 3 | 1,306 | Recently Sold | |
0.04 | $2,290,000 | 5 | 4 | 3,136 | For Sale | |
0.05 | $1,175,900 | 2 | 2 | 1,380 | Off Market | |
0.02 | $1,588,900 | 2 | 2 | 1,364 | Off Market | |
0.04 | $750,000 | 2 | 2 | 862 | For Sale | |
0.03 | $1,219,200 | 4 | 2.5 | 2,064 | Off Market | |
0.05 | $799,900 | 2 | 2 | 1,017 | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1928
849 sqft
$786/sqft
About this House
Centrally located in the X flood zone of Old Town, this charming 2 bedroom 2 bathroom features off-street parking, screened in private porch, metal roof, arched ceilings, and an abundance of natural light. Excellent walking/biking location with easy access to Duval St, White St, beaches, and the top restaurants. Whether you're looking for a full-time residence, a vacation rental, or a place to retire to in the future, this property has endless possibilities. Own your piece of paradise today!
1016 Watson Ln, Key West, FL 33040 is a 2 bedroom, 2 bathroom, 849 sqft single-family home in Old Town, built in 1928. It last sold for $550,000 on Jun 18, 2024 (33% below the $820,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $667,400, with a rent estimate of $4,451/month.
Last check for updates: about 4 hours ago
Listed by Christopher Scott,PA, (305) 340-8080
Expert Realty LLC (HQ)
Bought with: Christopher Scott,PA, (305) 340-8080, Expert Realty LLC (HQ)
Source: FLKMLS, MLS#607605

Home Details for 1016 Watson Ln
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 849 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Oven, Microwave, Gas AppliancesDryerMicrowaveWasher |
Heating & Cooling Has CoolingAir Conditioning: Wall/Window Unit(s),Ceiling Fans(s) |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
View No View |
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Exterior Home Features Patio / Porch: Open Porch/BalconyNo Private Pool |
Parking & Garage No Attached Garage |
Frontage Not on Waterfront |
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Year Built Year Built: 1928 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Conch |
Building Construction Materials: Frame |
Property Information Parcel Number: 00033350000000 |
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Price List Price: $820,000 |
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MLS Status: Closed |
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Direction & Address City: Key WestCommunity: Gwynn Sub (1.0) |
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Building Area Building Area: 849 Square Feet |
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HOA Fee Includes: NoneNo HOA |
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Lot Area: 1470 sqft |
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Listing Terms: Cash, Conventional, FHA |
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Furnished |
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Mls Number: 607605 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 18, 2024 Source: FLKMLS #607605 | Sold | $550,000 |
Jun 14, 2024 Source: FLKMLS #607605 | Pending | $820,000 |
May 16, 2024 Source: Key West AOR #607605 | Contingent | $820,000 |
May 5, 2024 Source: Key West AOR #607605 | PriceChange | $820,000 Price decreased by 4% |
Mar 25, 2024 Source: Key West AOR #607605 | PriceChange | $850,000 Price decreased by 3% |
Feb 5, 2024 Source: Key West AOR #607605 | PriceChange | $875,000 Price decreased by 5% |
Nov 30, 2023 Source: Key West AOR #607605 | Listed For Sale | $925,000 |
Sep 12, 1996 Source: N/A | Sold | $130,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,878 | $566,006 |
Home facts updated by county records
Market trends in Key West
Last updated August 2026
Avg. sale price
$1.14M
$143KMoM
Sale-to-List Price
โ
Price per sq ft
$865
$67MoM
Available listings
255
17MoM
Around this home
What Locals Say about Old Town
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say people would walk alone at night
100 % Say there are sidewalks
100 % Say streets are well-lit
100 % Say neighbors are friendly
100 % Say it's quiet
100 % Say it's walkable to grocery stores
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say car is needed
67 % Say there's holiday spirit
60 % Say they plan to stay for at least 5 years
50 % Say there are community events
50 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

MLS Internet Data Exchange (IDX) information is provided exclusively for consumersโ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.
Frequently asked questions about 1016 Watson Ln
- What is 1016 Watson Ln estimated to be worth?Trulia's estimated value for 1016 Watson Ln in Key West, FL is $667,400.
- What is the price history for 1016 Watson Ln?1016 Watson Ln in Key West, FL last sold for $550,000 in June 2024.
- Is Key West a buyer's or seller's market?Key West is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Key West?The median sale price in Key West is $1.14M. That is down $143K from the prior month.
- Does 1016 Watson Ln have air conditioning?Yes, 1016 Watson Ln in Key West, FL has air conditioning.
- Does 1016 Watson Ln have laundry facilities?Yes, 1016 Watson Ln in Key West, FL has in-unit laundry.

