Sold for $513,000

$513,000

1012 Varela St #2, Key West, FL 33040

0beds

241sqft

Condominium

Built in 1908

-- sqft lot

$478,900 Zestimate^®

$2,129/sqft

$1,936 Estimated rent

Home value

$478,900

$431,000 - $532,000

$1,936/mo

Zestimate^® history

Owner options

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$1,936/mo

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$1,936/mo

Rent Zestimate^®

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$3,213/mo

Est. payment

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$3,213/mo

Est. payment

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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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Cooling

Ceiling Fans(s), Ductless

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Ice Maker, Stainless Steel Appliance(s), Water Purifier

Interior area

Total structure area: 241
Total interior livable area: 241 sqft

Property

Features

Has private pool: Yes
Pool features: Above Ground

Details

Parcel number: 00032600000200
Zoning: HDR - High Density Residential

Construction

Type & style

Home type: Condo
Architectural style: Cigar Maker
Property subtype: Condominium

Materials

Other

Condition

Updated/Remodeled
New construction: No
Year built: 1908

Community & HOA

Community

Subdivision: Gwynn Sub (1.0)

HOA

Has HOA: Yes
Services included: Sewer, Water, Insurance, Common Area Mnt
HOA fee: $81 monthly

Location

Region: Key West

Financial & listing details

Price per square foot: $2,129/sqft
Tax assessed value: $430,679
Annual tax amount: $3,815
Date on market: 7/1/2024
Listing terms: No Seller Finance,Cash,Conventional,FHA

Price history

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

Public tax history

Year	Property taxes	Tax 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