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Sold for $550,000
    • $550,000

    1016 Watson Ln, Key West, FL 33040

    2beds
    849sqft
    Single Family Residence
    Built in 1928
    1,470 Square Feet Lot
    $651,900 Zestimate®
    $648/sqft
    $4,614 Estimated rent

    Home value

    $651,900

    $587,000 - $724,000

    $4,614/mo

    Zestimate® history
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    What's special

    Metal roofWhite st
    Centrally located in the X flood zone of Old Town, this charming 2 bedroom 2 bathroom features off-street parking, screened in private porch, metal roof, arched ceilings, and an abundance of natural light. Excellent walking/biking location with easy access to Duval St, White St, beaches, and the top restaurants. Whether you're looking for a full-time residence, a vacation rental, or a place to retire to in the future, this property has endless possibilities. Own your piece of paradise today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Scott,PA 305-340-8080,

    Expert Realty LLC (HQ)

    Bought with:

    Christopher Scott,PA, 3450762

    Expert Realty LLC (HQ)

    Source: FLKMLS,MLS#: 607605MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Wall/Window Unit(s), Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Oven, Microwave, Gas Appliances
    Features
    • Storage
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 849
    • Total interior livable area: 849 sqft

    Property

    Features
    • Patio & porch: Open Porch/Balcony
    Lot
    • Size: 1,470 Square Feet
    Details
    • Parcel number: 00033350000000
    • Zoning: HMDR - Historic Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Year built: 1928

    Community & HOA

    Community
    • Subdivision: Gwynn Sub (1.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $648/sqft
    • Tax assessed value: $566,006
    • Annual tax amount: $2,558
    • Date on market: 11/30/2023
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    6/18/2024Sold$550,000-32.9%$648/sqft
    Source: FLKMLS #607605 Report a problem
    6/14/2024Pending sale$820,000$966/sqft
    Source: FLKMLS #607605 Report a problem
    5/16/2024Contingent$820,000$966/sqft
    Source: Key West AOR #607605 Report a problem
    5/5/2024Price change$820,000-3.5%$966/sqft
    Source: Key West AOR #607605 Report a problem
    3/25/2024Price change$850,000-2.9%$1,001/sqft
    Source: Key West AOR #607605 Report a problem
    2/5/2024Price change$875,000-5.4%$1,031/sqft
    Source: Key West AOR #607605 Report a problem
    11/30/2023Listed for sale$925,000+611.5%$1,090/sqft
    Source: Key West AOR #607605 Report a problem
    9/12/1996Sold$130,000$153/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,878 -4.6%$566,006 +0.6%
    2024$5,113 +99.9%$562,693 +93.1%
    2023$2,558 +4.7%$291,453 +3%
    2022$2,444 -1.4%$282,965 +3%
    2021$2,478 +1.8%$274,724 +1.4%
    2020$2,435 $270,931 +2.3%
    2019$2,435 +1.6%$264,840 +1.9%
    2018$2,396 +0.4%$259,902 +2.1%
    2017$2,386 +0.6%$254,557 +2.1%
    2016$2,371 -2.5%$249,322 +0.7%
    2015$2,431 $247,589
    Find assessor info on the county website

    Neighborhood: Old Town

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    Estimated market value
    $651,900
    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
    $651,900

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