Discover a unique opportunity to own a cozy 1-bedroom, 1-bath condominium ideally situated near vibrant downtown Key West, offering the perfect canvas for those with a vision to rejuvenate. While the property may need some TLC, its prime location allows for easy access to local shops, restaurants, and stunning beaches, making it an appealing option for both personal retreats and investment potential. With a spacious layout, an inviting outdoor area for enjoying the Florida sunshine, and a strong sense of community in the neighborhood, this condo is a hidden gem waiting to be transformed into your dream home or a lucrative rental. Don't miss your chance to unlock the full potential of this charming Key West property!
Sold for $330,000
$330,000
1014 Varela St APT 3, Key West, FL 33040
1beds
308sqft
Condominium, Residential - Condo/Townhouse
Built in 1908
-- sqft lot
$331,400 Zestimate®
$1,071/sqft
$2,204 Estimated rent
Home value
$331,400
$288,000 - $381,000
$2,204/mo
Zestimate® history
Owner options
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$2,204/mo
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$2,204/mo
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$2,535/mo
Est. payment
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$2,535/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Letisia Powell 305-797-0399,
Robert Slack LLC
Bought with:
Letisia Powell, 698624
Robert Slack LLC
Source: FLKMLS,MLS#: 614494
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Ductless
Appliances
- Included: Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Dryer
Interior area
- Total interior livable area: 308 sqft
Property
Features
- Levels: Ground Level
- Patio & porch: Patio
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00032600000106
- Zoning: HDR
- Zoning description: High Density Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- Frame
Condition
- Fixer
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Location
- Region: Key West
- Subdivision: Viva Varela (1.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $538 monthly
- Services included: Sewer, Maintenance Grounds, Building Insurance
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Sold | $330,000-17.3%$1,071/sqft |
Source:  FLKMLS #614494 Report a problem | ||
| 7/8/2025 | Pending sale | $399,000$1,295/sqft |
Source: FLKMLS #614494 Report a problem | ||
| 6/4/2025 | Contingent | $399,000$1,295/sqft |
Source:  Key West AOR #614494 Report a problem | ||
| 4/5/2025 | Listed for sale | $399,000+12.4%$1,295/sqft |
Source: FLKMLS #614494 Report a problem | ||
| 4/2/2025 | Listing removed | $355,000$1,153/sqft |
Source: FLKMLS #611459 Report a problem | ||
| 2/25/2025 | Listed for sale | $355,000-7.8%$1,153/sqft |
Source: Key West AOR #611459 Report a problem | ||
| 1/7/2025 | Contingent | $385,000$1,250/sqft |
Source: FLKMLS #611459 Report a problem | ||
| 11/14/2024 | Price change | $385,000-6.1%$1,250/sqft |
Source: FLKMLS #611459 Report a problem | ||
| 9/13/2024 | Listed for sale | $410,000+322.7%$1,331/sqft |
Source: FLKMLS #611459 Report a problem | ||
| 6/15/1999 | Sold | $97,000$315/sqft |
Source: FLKMLS #414190 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,742 -7.1% | $386,310 -10.4% |
| 2024 | $4,029 +15.8% | $431,155 +19.6% |
| 2023 | $3,481 +213.8% | $360,438 +197.3% |
| 2022 | $1,109 +0.6% | $121,253 +3% |
| 2021 | $1,103 +1.9% | $117,722 +1.4% |
| 2020 | $1,083 | $116,097 +2.3% |
| 2019 | $1,083 +2% | $113,487 +1.9% |
| 2018 | $1,062 +1.4% | $111,371 +2.1% |
| 2017 | $1,047 +1.1% | $109,081 +2.1% |
| 2016 | $1,036 -1% | $106,838 +0.7% |
| 2015 | $1,047 | $106,095 |
Find assessor info on the county website
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.4 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$331,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$331,400
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 1014 Varela St Apartment 3
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Nearby neighborhoods
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