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Sold for $513,000
  • $513,000

    1012 Varela St #2, Key West, FL 33040

    0beds
    241sqft
    Condominium, Residential - Condo/Townhouse
    Built in 1908
    -- sqft lot
    $500,900 Zestimate®
    $2,129/sqft
    $2,269 Estimated rent

    Home value

    $500,900

    $441,000 - $571,000

    $2,269/mo

    Zestimate® history
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    What's special

    Above ground poolOpen floor planOutdoor sitting areasWasher and dryerWalk in showerStainless steel appliances
    Just the perfect little Key West Cottage that packs a big punch!Great outdoor indoor living is alive and well in this cottage, with two very private outdoor sitting areas, also an above ground pool! This cottage has extreme flow from one side of the property to the end, you never feel as if you are inside or outside, just on a little resort.Open floor plan will greet you inside, all stainless steel appliances in the kitchen area. Nice bathroom with a walk in shower. This cottage has both a washer and dryer.Extremely low HOA in this X-Flood zone location.You can walk or ride your bike to all that Key West has to offer, now we just need you!Call today for your private showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby W Coe Iv,

    Saltwater Real Estate Florida Keys, Inc

    Bought with:

    Juan Alberto Benitez, 3376731

    Keller Williams Key West Compass Realty

    Source: FLKMLS,MLS#: 610629MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Water Purification, Stainless Steel Appliance(s), Ice Machine, Microwave, Oven, Refrigerator, Dishwasher, Dryer
    Interior area
    • Total interior livable area: 241 sqft

    Property

    Features
    • Has private pool: Yes
    • Pool features: Above Ground
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00032600000200
    • Zoning: HDR
    • Zoning description: High Density Residential

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Cigar Maker
    • Property subtype: Condominium, Residential - Condo/Townhouse
    Materials
    • Other
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Buyer to Verify

    Community & neighborhood

    Location
    • Region: Key West
    • Subdivision: Gwynn Sub (1.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $81 monthly
    • Services included: Sewer, Maintenance Grounds, Building Insurance, Water

    Other

    Other facts
    • Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash

    Price history

    DateEventPrice
    12/10/2024Sold$513,000-3.2%$2,129/sqft
    Source: FLKMLS #610629 Report a problem
    11/2/2024Contingent$530,000$2,199/sqft
    Source: Key West AOR #610629 Report a problem
    7/24/2024Price change$530,000-1.9%$2,199/sqft
    Source: Key West AOR #610629 Report a problem
    7/1/2024Listed for sale$540,000+0.9%$2,241/sqft
    Source: Key West AOR #610629 Report a problem
    6/21/2024Listing removed--
    Source: FLKMLS #609872 Report a problem
    5/13/2024Price change$535,000-1.8%$2,220/sqft
    Source: FLKMLS #609872 Report a problem
    5/5/2024Listed for sale$545,000-0.5%$2,261/sqft
    Source: FLKMLS #609872 Report a problem
    5/1/2024Listing removed--
    Source: Key West AOR #608122 Report a problem
    4/28/2024Price change$548,000-2%$2,274/sqft
    Source: FLKMLS #608122 Report a problem
    4/6/2024Price change$559,000-5.1%$2,320/sqft
    Source: FLKMLS #608122 Report a problem
    2/26/2024Price change$589,000-1.8%$2,444/sqft
    Source: FLKMLS #608122 Report a problem
    1/23/2024Price change$599,999-4.6%$2,490/sqft
    Source: FLKMLS #608122 Report a problem
    1/11/2024Listed for sale$629,000-3.1%$2,610/sqft
    Source: FLKMLS #608122 Report a problem
    12/31/2023Listing removed--
    Source: FLKMLS #607023 Report a problem
    10/14/2023Listed for sale$649,000+3.8%$2,693/sqft
    Source: Key West AOR #607023 Report a problem
    10/1/2023Listing removed--
    Source: FLKMLS #604011 Report a problem
    9/22/2023Price change$625,000-4.6%$2,593/sqft
    Source: FLKMLS #604011 Report a problem
    6/20/2023Listed for sale$655,000-4.4%$2,718/sqft
    Source: FLKMLS #604011 Report a problem
    4/30/2023Listing removed--
    Source: FLKMLS #604011 Report a problem
    4/30/2023Price change$685,000+1.5%$2,842/sqft
    Source: FLKMLS #604011 Report a problem
    4/14/2023Price change$675,000-3.3%$2,801/sqft
    Source: FLKMLS #604011 Report a problem
    3/6/2023Price change$698,000-6.8%$2,896/sqft
    Source: FLKMLS #604011 Report a problem
    2/2/2023Listed for sale$749,000+52.2%$3,108/sqft
    Source: FLKMLS #604011 Report a problem
    7/8/2022Sold$492,000-1%$2,041/sqft
    Source: FLKMLS #601166 Report a problem
    6/14/2022Pending sale$497,000$2,062/sqft
    Source: FLKMLS #601166 Report a problem
    6/8/2022Price change$497,000-11.1%$2,062/sqft
    Source: Key West AOR #601166 Report a problem
    5/26/2022Listed for sale$559,000+126.3%$2,320/sqft
    Source: Key West AOR #601166 Report a problem
    7/9/2020Sold$247,000$1,025/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,765 -11.5%$430,679 -2.2%
    2024$4,256 +11.6%$440,550 +10%
    2023$3,816 +44.1%$400,500 +81.3%
    2022$2,648 +21.1%$220,930 +10%
    2021$2,187 +24.6%$200,845
    2020$1,754 $200,845

    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $500,900
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    Estimated market value
    $500,900