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.
For sale
$895,000
1004 Watson St #1, Key West, FL 33040
3beds
810sqft
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
- 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#: 621844
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
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $895,000-25.1%$1,105/sqft |
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| 6/7/2024 | Listing removed | -- |
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| 3/21/2024 | Listed for sale | $1,195,000$1,475/sqft |
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| 2/28/2024 | Listing removed | -- |
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| 2/21/2024 | Listed for sale | $1,195,000$1,475/sqft |
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| 2/5/2024 | Listing removed | -- |
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| 1/1/2024 | Listed for sale | $1,195,000+84.1%$1,475/sqft |
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| 4/12/2022 | Sold | $649,000$801/sqft |
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| 3/6/2022 | Contingent | $649,000$801/sqft |
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| 1/9/2022 | Price change | $649,000-5.3%$801/sqft |
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| 11/22/2021 | Listed for sale | $685,000$846/sqft |
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Public tax history
| Year | Property taxes | Tax 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
Est. payment




