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For sale
  • $895,000

    1004 Watson St #1, Key West, FL 33040

    3beds
    810sqft
    : 
    $5,614/mo
    Get pre-qualified
    Townhouse
    Built in 1923
    2,178 Square Feet Lot
    $900,100 Zestimate®
    $1,105/sqft
    $35/mo HOA

    What's special

    Modern fixturesContemporary finishesCompletely reimagined kitchenTwo inviting bedroomsPrivacy fencingThor gas rangeBuilt-in seating
    Historic Old Town Key West charm, completely reimagined with the luxury and convenience of modern living. Located in the desirable X Flood Zone, this extraordinary townhome has undergone an extensive, top to bottom transformation. Far more than a visual renovation, the home features under the hood all new plumbing and electric wiring and systems. The beautifully redesigned interiors, contemporary finishes, and thoughtful upgrades throughout makes nearly everything feels brand new. One of only two units, the property enjoys an exceptionally low HOA fee of just $35 per month, covering common area insurance, maintenance, and reserves. Even better, this stunning home is offered fully furnished as shown. Just bring your toothbrush and begin enjoying the island lifestyle on the day of closing. Inside are two inviting bedrooms, two beautifully renovated full bathrooms, and a versatile bonus area with a Murphy bed for guests or a home office. The primary suite features a private ensuite bath, while both bathrooms showcase luxurious tiled walk-in showers and modern fixtures. The completely reimagined kitchen features a Frigidaire refrigerator, THOR gas range, ZLINE microwave, Samsung smart dishwasher, island sink with disposal, GE Profile all-in-one washer/dryer, wine cooler, and beverage cooler. Soaring cathedral ceilings and two expansive skylights fill the living space with natural light. Central air conditioning and a supplemental mini-split provide year-round comfort. Outside, a private tropical retreat awaits, complete with a spacious deck, built-in seating, propane fire feature, string lights, privacy fencing, and full size hot tub. A rare opportunity to enjoy the character of historic Key West with the freshness of a thoroughly reinvented home. Ideal as a primary residence, second home, or potential monthly rental. Completely reimagined, beautifully furnished, and move in ready.
    2 days
    474
    44

    Zillow last checked:

    Listing updated:

    Listed by:

    Everett H Smith 305-304-2651,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 621844MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Wine Cooler
      Features
      • Built-in Features, Storage
      • Windows: Skylight(s)
      • Furnished: Yes
      Interior area
      • Total structure area: 810
      • Total interior livable area: 810 sqft

      Property

      Features
      • Patio & porch: Deck
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 2,178 Square Feet
      Details
      • Parcel number: 00031230001000
      • Zoning: HMDR - Historic Medium Density Residential

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Townhouse
      • Property subtype: Townhouse
      Materials
      • Frame
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter

      Community & HOA

      Community
      • Subdivision: GG Watson Sub (1.0)
      HOA
      • Has HOA: Yes
      • Services included: Common Area Mnt, Other
      • HOA fee: $35 monthly
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $1,105/sqft
      • Tax assessed value: $787,068
      • Annual tax amount: $7,038
      • Date on market: 10/29/2026
      • Listing terms: No Seller Finance,Cash,Conventional

        Estimated market value

        $900,100

        $729,000 - $1.10M

        Not available

        Price history

        DateEventPrice
        10/29/2026Listed for sale$895,000-25.1%$1,105/sqft
        Source: FLKMLS #621844 Report a problem
        6/7/2024Listing removed--
        Source: Key West AOR #607977 Report a problem
        3/21/2024Listed for sale$1,195,000$1,475/sqft
        Source: Key West AOR #607977 Report a problem
        2/28/2024Listing removed--
        Source: Key West AOR #607977 Report a problem
        2/21/2024Listed for sale$1,195,000$1,475/sqft
        Source: Key West AOR #607977 Report a problem
        2/5/2024Listing removed--
        Source: FLKMLS #607977 Report a problem
        1/1/2024Listed for sale$1,195,000+84.1%$1,475/sqft
        Source: Key West AOR #607977 Report a problem
        4/12/2022Sold$649,000$801/sqft
        Source: FLKMLS #598569 Report a problem
        3/6/2022Contingent$649,000$801/sqft
        Source: FLKMLS #598569 Report a problem
        1/9/2022Price change$649,000-5.3%$801/sqft
        Source: Key West AOR #598569 Report a problem
        11/22/2021Listed for sale$685,000$846/sqft
        Source: Key West AOR #598569 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,038 +1369.6%$787,068 +10.4%
        2024$479 +2.6%$712,868 +3%
        2023$467 -90.9%$692,105 +11.8%
        2022$5,111 $619,322
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Old Town

        Getting around

        89 / 100
        Very Walkable
        27 / 100
        Some Transit
        94 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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