1116 Watson St, Key West, FL 33040
FOR SALE

1116 Watson St
Key West, FL 33040

Old Town
  • 3 Beds
  • 3 Baths
  • 1,242 sqft
  • 3 Beds
  • 3 Baths
  • 1,242 sqft

$1,300,000

Original price: $1,350,000
Est. Mortgage $7,525/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Old Town Key West! Three unit property in the heart of Key West. This property offers a 2BR/1BA unit, Studio w bath upstairs, and 1BR/1BA cottage. Electric Meters: 3 Water Meters: 3 X Flood Zone. Perfect for investors, owner occupiers, or employee housing. Studio unit offers roof top deck with amazing views. Fenced property with patio and outdoor space.

Home Highlights

Parking
No Info
Outdoor
Porch, Patio, Deck
View
No Info
HOA
None
Price/Sqft
$1,047
Listed
129 days ago

Home Details for 1116 Watson St

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1242 Square Feet
Appliances & Utilities
Utilities: FKAAAppliances: Oven, Range, Washer, RefrigeratorRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Wall/Window Unit(s)No Heating
Windows, Doors, Floors & Walls
Door: French Doors
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: No

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Open Porch/Balcony, Roof Top Deck, PatioFencing: Privacy
Frontage
Waterfront: None, Dockage: NoneNot on Waterfront
Water & Sewer
Sewer: Municipal Sewer, Public Sewer

Days on Market

Days on Market: 129

Property Information

Year Built
Year Built: 1933
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi FamilyArchitecture: Conch
Building
Construction Materials: Frame
Property Information
Parcel Number: 00031800000000

Price & Status

Price
List Price: $1,300,000Price Per Sqft: $1,047

Active Status

MLS Status: Active

Location

Direction & Address
City: Key WestCommunity: Old Town - Unlisted (1.0)

Agent Information

Listing Agent
Listing ID: 607868

HOA

HOA Fee Includes: NoneAssociation for this Listing: Key West AssociationNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 2613.6 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, VA Loan, Conventional

Miscellaneous

Mls Number: 607868Water View: None
Last check for updates: 1 day ago
Listing courtesy of Bascom L Grooms, (305) 295-7511
Bascom Grooms Real Estate (KW)
Originating MLS: Key West Association
Source: FLKMLS, MLS#607868
Also Listed on Key West AOR.

Price History for 1116 Watson St

DatePriceEventSource
04/02/2024$1,300,000PriceChange
Key West AOR #607868
12/21/2023$1,350,000Listed For SaleKey West AOR #607868
06/17/2023ListingRemovedKey West AOR #601445
10/11/2022$1,400,000PriceChange
Key West AOR #601445
06/17/2022$1,500,000Listed For SaleKey West AOR #601445
06/20/2012$335,000Sold
N/A
03/15/2010$337,000Sold
N/A
07/28/1999$240,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$8,038
Assessment$941,481
Home facts updated by county records

Comparable Sales for 1116 Watson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Multi-Family Home
$903,000
09/15/23
4
3
1,148
0.14
Multi-Family Home
$1,549,000
04/02/24
3
2
1,148
0.19
Multi-Family Home
$775,000
02/07/24
2
2
974
0.46
Multi-Family Home
$1,600,000
07/26/23
5
2
2,588
0.36
Multi-Family Home
$3,595,000
06/12/23
4
4
2,214
0.40
Multi-Family Home
$1,450,000
02/19/24
5
4
2,146
0.77
Multi-Family Home
$1,400,000
02/26/24
3
3
1,848

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

  • Sgarvin3281
    " Bikes are all you need small island. Safe and secure. No commute I do t work here it is a vacation community."
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  • Trulia User
    "Everywhere dogs are welcome here in key west, Florida. Come joining us here in key west. Most food and service places, boats, and entertainment venues are good with dogs."
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  • Trulia User
    "Feels very safe, super clean, super walkable in old town, and Catholic school looks very vibrant. "
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  • Trulia User
    "Great people, great neighborhood, great police, family friendly events. Lots of things to do within a decent drive. Very family friendly generally "
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  • Key W. B. F.
    "Gatherings on the local Mangia Mangia bench at 900 Southard street, safe & friendly town. Feel connected & welcomed in Key West. Enjoy the peaceful neighborhood & the tropical weather! You can walk or bike to everything you need & want!"
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  • Kfowler
    "I am not currently aware of any neighborhood events that would bring the neighbors closer. However, both my husband and I would be open to any such event that would do so and would improve the neighborhood. The area is beautiful and well maintained, with a few exceptions. "
    2
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  • Hannah B.
    "Vintage Cottage houses, small island feel, Duval Street in a few minutes with hundreds of worldly trendy restaurants "
    6
    Flag
  • Drlynmar
    "Neighborhood newsletter. Proximity to OldTown events, festivals and parades. Walk to everything. Parks, beaches, dog park. Grocery and restaurant delivery. "
    2
    Flag
  • Venomousink1970
    "the neighborhood is great I myself do not like living in Key West anymore and looking to relocate and Asheville North Carolina or the surrounding areas people are very friendly here except for the homeless vagrants that beg for money and yell at you when you don't give them any"
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  • Lorettamdt
    "Old Town is historic. Our neighbors are friendly. We walk everywhere. No need for a car. Restaurants are within walking distance. Beaches are a bicycle ride away. "
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  • mangiamangia
    "Lived in this neighborhood for 25 years. Walk and anywhere. Far enough of Duval to escape the noise and drunks."
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  • Sajsk
    "vacationed in that area -- charming and great location and amenities, yet quiet."
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  • Rjones
    "This is a great street and great neighborhood. Qiet, yet close enough to Duval and White streets to enjoy all Key West has to offer. "
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LGBTQ Local Legal Protections

Bascom L Grooms, Bascom Grooms Real Estate (KW)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ 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 Board of Realtors.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1116 Watson St, Key West, FL 33040 is a 3 bedroom, 3 bathroom, 1,242 sqft multi-family built in 1933. 1116 Watson St is located in Old Town, Key West. This property is currently available for sale and was listed by FLKMLS on Dec 21, 2023. The MLS # for this home is MLS# 607868.