A private pool, two off-street parking spaces, and single-level living--all in the heart of Old Town Key West. This beautifully updated 3-bedroom, 2-bath home brings together Key West charm and everyday comfort, with hardwood floors, tall ceilings, French doors, and a bright, open layout that makes gathering easy.
The secluded backyard is an extension of the living space, surrounded by lush tropical landscaping with room to lounge, dine outdoors, and unwind. A saltwater pool with both a heater and chiller keeps swimming comfortable throughout the seasons, while an outdoor shower adds a classic island touch.
Offered fully furnished and turnkey, the home is ready for your next chapter, whether that means settling into island life, enjoying a seasonal escape, or continuing its established use as a monthly vacation rental. Updates include the HVAC system, saltwater pool equipment, and furnishings.
Neighborhood cafés, restaurants, and shopping are close at hand, with Duval Street, the Historic Seaport, and Higgs Beach within easy reach. Enjoy a morning out exploring Old Town, an afternoon by your own pool, and dinner at a favorite local spot.
Part of a two-unit condominium association with no shared common elements, this property offers the privacy and feel of a single-family home with a setting that makes Key West living easy.
For sale
$1,575,000
1005 Watson St #1, Key West, FL 33040
3beds
1,070sqft
Condominium
Built in 1933
-- sqft lot
$1,490,000 Zestimate®
$1,472/sqft
$1,117/mo HOA
What's special
Private poolSingle-level livingTall ceilingsTwo off-street parking spacesLush tropical landscapingFrench doorsBright open layout
- 126 days
- 230
- 14
Zillow last checked:
Listing updated:
Listed by:
Megan McDowell 305-898-2403,
Brenda Donnelly Real Estate LLC
Source: FLKMLS,MLS#: 620577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Features
- Flooring: Wood
- Furnished: Yes
Interior area
- Total structure area: 1,070
- Total interior livable area: 1,070 sqft
Video & virtual tour
Property
Features
- Patio & porch: Patio
- Exterior features: Fruit Tree(s), Outdoor Shower
- Has private pool: Yes
- Pool features: In Ground, Salt Water
Lot
- Size: 4,984 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 00033270000101
- Zoning: HHDR - Historic High Density Residential
Construction
Type & style
- Home type: Condo
- Architectural style: A-Frame
- Property subtype: Condominium
Materials
- Frame
Condition
- Year built: 1933
Community & HOA
Community
- Subdivision: Gwynn Sub (1.0)
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Insurance, Common Area Mnt
- HOA fee: $1,117 monthly
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,472/sqft
- Tax assessed value: $1,099,318
- Annual tax amount: $9,606
- Date on market: 7/9/2026
Estimated market value
$1,490,000
$1.42M - $1.56M
$4,668/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $1,575,000+16.7%$1,472/sqft |
Source: | ||
| 3/31/2023 | Sold | $1,350,000$1,262/sqft |
Source: | ||
| 2/2/2023 | Contingent | $1,350,000$1,262/sqft |
Source: | ||
| 1/31/2023 | Listed for sale | $1,350,000-3.5%$1,262/sqft |
Source: | ||
| 10/17/2022 | Listing removed | -- |
Source: | ||
| 8/28/2022 | Price change | $1,399,000-6.7%$1,307/sqft |
Source: | ||
| 6/10/2022 | Price change | $1,499,000-6.3%$1,401/sqft |
Source: | ||
| 5/4/2022 | Price change | $1,599,000-0.1%$1,494/sqft |
Source: | ||
| 3/28/2022 | Listed for sale | $1,599,999+68.4%$1,495/sqft |
Source: | ||
| 5/18/2021 | Sold | $950,000+26.7%$888/sqft |
Source: Public Record Report a problem | ||
| 11/17/2014 | Sold | $750,000-5.7%$701/sqft |
Source: | ||
| 11/13/2014 | Pending sale | $795,000$743/sqft |
Source: Key West Realty Inc #117938 Report a problem | ||
| 11/13/2014 | Listed for sale | $795,000-8.5%$743/sqft |
Source: Key West Realty Inc #117938 Report a problem | ||
| 1/3/2014 | Listing removed | $869,000$812/sqft |
Source: Key West Realty Inc #117938 Report a problem | ||
| 4/16/2013 | Listed for sale | $869,000+8.8%$812/sqft |
Source: Key West Realty Inc #117938 Report a problem | ||
| 4/29/2005 | Sold | $799,000$747/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,606 +0.8% | $1,099,318 |
| 2024 | $9,532 +11.5% | $1,099,318 +15.9% |
| 2023 | $8,551 +13.1% | $948,262 +10% |
| 2022 | $7,561 +58.4% | $862,056 +60.6% |
| 2021 | $4,773 +1.7% | $536,812 +1.4% |
| 2020 | $4,693 | $529,401 +2.3% |
| 2019 | $4,693 +1.5% | $517,499 +1.9% |
| 2018 | $4,623 +0.1% | $507,850 +2.1% |
| 2017 | $4,620 +0.5% | $497,405 +2.1% |
| 2016 | $4,598 -3% | $487,175 +0.7% |
| 2015 | $4,742 | $483,788 |
Find assessor info on the county website
Monthly payment
Est. payment





