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1113 Watson Street

Key West, FL 33040
  • $1,455,000
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • MLS #: 618191
Under Contract
UPDATED: 64 min ago
$1,455,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,819
    SQFT
  • $800
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

Historic Old Town Key West Duplex | Income-Producing Island OpportunityDiscover the timeless charm of Old Town Key West in this truly unique and character-rich historic duplex, offering both lifestyle flexibility and excellent income potential. Filled with authentic island personality, this property is ideal for an owner-occupant, investor, or anyone seeking the classic Key West way of life.The downstairs residence features a spacious three-bedroom, two-bath layout highlighted by a large screened-in porch, perfect for morning coffee, cooling island breezes, and relaxed evenings. An outdoor yard provides a rare Old Town bonus, offering space for entertaining, pets, or simply enjoying the tropical surroundings.Upstairs, a separate two-bedroom, one-bath apartment offers privacy and charm, making it well suited for long-term rental, guest accommodations, or supplemental income. The flexible configuration allows you to live in one unit while renting the other, creating an ideal live-work-rent opportunity in a highly desirable location.Off-street parking for up to three vehicles is a true Old Town luxury, and a shared laundry area adds everyday convenience. Distinctive architectural details throughout reflect the historic character and quirky charm that define Old Town Key West.Whether you are seeking a smart income-producing investment, a multi-generational living arrangement, or a home that captures the spirit and history of the island, this duplex offers endless possibilities in one of Key West's most sought-after neighborhoods.Use as a single family home for a large family!Classic, unique, and income-ready, this is a rare opportunity to own a genuine piece of Old Town Key West.

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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/172286980
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1113 Watson Street Key West, FL 33040

  • Price: $1,455,000
  • Status: Active Under Contract
  • On Site: 23 Days
  • Updated: 64 min ago
  • MLS #: 618191
5
Beds
3
Baths
0
½ Baths
0.09
Acres
1,819
SQFT
$800
$/SQFT
1938
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Historic Old Town Key West Duplex | Income-Producing Island OpportunityDiscover the timeless charm of Old Town Key West in this truly unique and character-rich historic duplex, offering both lifestyle flexibility and excellent income potential. Filled with authentic island personality, this property is ideal for an owner-occupant, investor, or anyone seeking the classic Key West way of life.The downstairs residence features a spacious three-bedroom, two-bath layout highlighted by a large screened-in porch, perfect for morning coffee, cooling island breezes, and relaxed evenings. An outdoor yard provides a rare Old Town bonus, offering space for entertaining, pets, or simply enjoying the tropical surroundings.Upstairs, a separate two-bedroom, one-bath apartment offers privacy and charm, making it well suited for long-term rental, guest accommodations, or supplemental income. The flexible configuration allows you to live in one unit while renting the other, creating an ideal live-work-rent opportunity in a highly desirable location.Off-street parking for up to three vehicles is a true Old Town luxury, and a shared laundry area adds everyday convenience. Distinctive architectural details throughout reflect the historic character and quirky charm that define Old Town Key West.Whether you are seeking a smart income-producing investment, a multi-generational living arrangement, or a home that captures the spirit and history of the island, this duplex offers endless possibilities in one of Key West's most sought-after neighborhoods.Use as a single family home for a large family!Classic, unique, and income-ready, this is a rare opportunity to own a genuine piece of Old Town Key West.
Exterior Features

Above Flood Unknown Construction Frame Dockage None Exterior Features FencingStorage Land Size Less Than 1/4 Acre Lot Size 50 X 80 Pool YN No Porch Balcony Screened P/BScreened Patio Roof Metal Roof Shutters Panel Side Median Stories 2 Stories Style Duplex Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherOvenRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor TileWood Furnished Unfurnished Interior Features Drapes/Blinds Incl Pre Wired Cable Windows Doors Aluminum Windows

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City KEY WEST Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-S of Truman License Info Non Trans Rntl Lic Listing Board Marathon/Lower Keys Mile Marker 1.00 Min Rental Days 30.00 Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed With Restrictions Species List No Sq Ft Source Property Data Card Tax Exemptions HomesteadDisabilityWidow/Widower Tax Year 2025 Taxes 9554.94 Terms No Seller FinanceConventionalCash Title Title Ins - Buyer Utilities FKAAPropaneElect Separate MeterWater Separate MeterBuyer to VerifyMunicipal Sewer Zoning HMDR - Historic Medium Density Residential

Listing courtesy of Dawn Mccomish of Lokation Real Estate: .


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