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1113 Watson Street

Key West, FL 33040
  • $1,300,000
  • STATUS: Closed
  • ON SITE: 146 Days
  • MLS #: 618191
Sold - 03/20/2026
$1,300,000
SOLD - 03/20/2026
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,819
    SQFT
  • $715
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:

School Ratings & Info

Description

Historic Old Town Key West Duplex | Income-Producing Island Opportunity Discover 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: Closed
  • On Site: 146 Days
  • Updated: 35 min ago
  • MLS #: 618191
5
Beds
3
Baths
0
½ Baths
0.09
Acres
1,819
SQFT
$715
$/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 Opportunity Discover 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

Architectural Style [] Attached Garage YN No Building Stories 2 Stories Construction Materials Frame Dockage None Exterior Features FencingStorage Parking Features [] Patio And Porch Features Screened Patio Pool Features [] Pool Private YN No Roof Metal Roof Shutters Panel Vehicle Storage Off Street Parking View [] Waterview No Waterview Window Features [] Windows Doors Aluminum Windows

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorOven Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring TileWood Furnished Unfurnished Heating None Heating YN False Interior Drapes/Blinds Incl Interior Features [] Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Building Features [] Community Features [] Control Depth 0 Deed Restricts Unknown Electric [] Flood Zone 0.2 PCT ANNUAL CHANC Frontage Type [] Green Energy Generation [] Green Water Conservation [] KWNeighborhood Old Town-S of Truman Land Size Less Than 1/4 Acre License Info Non Trans Rntl Lic Listing Terms No Seller FinanceCashConventional Marathon Nbhd N/A Mile Marker 1 Min Rental Days 30 Other Equipment [] Other Structures [] Pets Allowed Yes Potential Short Sale No Pre Wired Cable Property Condition [] Property Sub Type Duplex Public Sewer Hookup Yes Rental Allowed With Restrictions Security Features [] Special Licenses [] Tax Annual Amount 9554.94 Tax Legal Description KW GWYNN SUB PT OF TR 13 (F/K/A 1113 WATSON STREET CONDOMINIUM ASSOCIATION INC) OR124-122/123 OR423-1052/54 OR587-493 OR Tax Year 2025 Title Title Ins - Buyer Utilities Water Separate MeterElect Separate Meter Utilities Info FKAAMunicipal SewerBuyer to VerifyPropaneWater Separate MeterElect Separate Meter Water Source [] Waterfrnt No Waterfront None Waterfront Features [] Waterfront YN No 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