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1016 Varela Street , Rear

Key West, FL 33040
  • $1,399,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 618738
Price Reduced
UPDATED: 158 min ago
$1,399,000
  • 3
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,306
    SQFT
  • $1,071
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1924
County:

School Ratings & Info

Description

Tucked quietly behind neighboring homes in the heart of Key West, 1016 Varela St. Rear offers privacy, flexibility and an exceptional walkable lifestyle. From this convenient location, you can easily walk to beaches, restaurants, coffee shops and the local grocery store, allowing you to enjoy the best of Key West without a car.Originally built in the early 1920's this historic home has been thoughtfully renovated, with the most recent renovations in 2024, blending the historic character with modern updates throughout. Interior features an updated kitchen with smart appliances, new updated bathrooms and beautiful hardwood floors, creating a comfortable and move-in ready space.Impact windows and doors provide both storm protection and excellent sound insulation.The property is accessed by a walkway that leads past neighboring homes, creating a quiet and private setting, that feels tucked away from the street while still being close to everything Old Town has to offer. A welcoming front porch provides a peaceful place to relax, while the backyard offers space for a future pool, storage and lots of warm Key West sunshine.A separate second-Floor apartment provides additional flexibility, ideal for visiting family, adult children or potential rental income while maintaining privacy between living spaces. The apartment can be accessed by a second property entrance via Watson Lane.For those that qualify, this property offers an assumable VA mortgage at very competitive rates.1016 Varela St. Rear offers that rare combination of historic charm, modern updates and a location that truly captures the convenience of Old Town living.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/173223699
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1016 Varela Street , Rear Key West, FL 33040

  • Price: $1,399,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 158 min ago
  • MLS #: 618738
3
Beds
3
Baths
0
½ Baths
0.05
Acres
1,306
SQFT
$1,071
$/SQFT
1924
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Tucked quietly behind neighboring homes in the heart of Key West, 1016 Varela St. Rear offers privacy, flexibility and an exceptional walkable lifestyle. From this convenient location, you can easily walk to beaches, restaurants, coffee shops and the local grocery store, allowing you to enjoy the best of Key West without a car.Originally built in the early 1920's this historic home has been thoughtfully renovated, with the most recent renovations in 2024, blending the historic character with modern updates throughout. Interior features an updated kitchen with smart appliances, new updated bathrooms and beautiful hardwood floors, creating a comfortable and move-in ready space.Impact windows and doors provide both storm protection and excellent sound insulation.The property is accessed by a walkway that leads past neighboring homes, creating a quiet and private setting, that feels tucked away from the street while still being close to everything Old Town has to offer. A welcoming front porch provides a peaceful place to relax, while the backyard offers space for a future pool, storage and lots of warm Key West sunshine.A separate second-Floor apartment provides additional flexibility, ideal for visiting family, adult children or potential rental income while maintaining privacy between living spaces. The apartment can be accessed by a second property entrance via Watson Lane.For those that qualify, this property offers an assumable VA mortgage at very competitive rates.1016 Varela St. Rear offers that rare combination of historic charm, modern updates and a location that truly captures the convenience of Old Town living.
Exterior Features

Above Flood Yes Building Style Conch Construction CBSFrame Dockage None Land Size Less Than 1/4 Acre Lot Size X Pool YN No Porch Balcony Open Porch/BalconyDeck Roof Metal Roof Side Median Stories 2 Stories Style Single Family Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherStainless Steel Appliance(s)MicrowaveOvenRefrigeratorDishwasherDryer Cooling Heating Ceiling Fans(s)Ductless Floor Wood Furnished Negotiable Interior Features Cathedral CeilingsQuartz CountertopsSmoke AlarmsFire Sprinkler Pre Wired Cable

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Condition Updated/Remodeled Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Handicap Access No Key West Neighborhood Old Town-S of Truman Listing Board Key West Association Mile Marker 1.00 Min Rental Days 28.00 Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2025 Taxes 7823.67 Utilities FKAAMunicipal SewerWell Zoning HMDR - Historic Medium Density Residential

Listing courtesy of Suzanne Moore of Suzanne Moore Real Estate: (305) 797-0699.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036