For sale

$1,295,000

1124 Watson St, Key West, FL 33040

2beds

1,099sqft

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Single Family Residence

Built in 1938

2,613 Square Feet Lot

$1,215,600 Zestimate^®

$1,178/sqft

$-- HOA

What's special

Private outdoor retreatOff-street parkingDesirable corner lotOriginal wood floorsNatural lightUpdated kitchen

Welcome home! Charming Old Town Key West Cottage with Off-Street Parking. Situated on a desirable corner lot in Old Town, this 2-bedroom, 1-bath conch cottage offers the quintessential Key West lifestyle. Inside, natural light highlights the home's historic Dade County pine walls and original wood floors, blending timeless character with modern comfort. The updated kitchen and dining area create an inviting space for entertaining, flowing seamlessly into the living room and extending to a private outdoor retreat.Located in the desirable X flood zone, this property combines historic charm, modern updates, and an exceptional location--everything you need to experience the best of Key West living.

6 days

715

28

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Cooling

Central Air, Ductless, Ceiling Fans(s)

Appliances

Included: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer

Features

Dade County Pine
Flooring: Wood
Doors: Sliding Glass Doors
Windows: Wood Frames, Other

Interior area

Total interior livable area: 1,099 sqft

Property

Parking

Parking features: Off Street

Features

Levels: Ground Level
Patio & porch: Deck, Patio
Exterior features: Storage
Fencing: Fenced,Privacy
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 2,613 Square Feet
Dimensions: 52 x 50
Features: Less Than 1/4 Acre

Details

Parcel number: 00031870000000
Zoning: HMDR
Zoning description: Historic Medium Density Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Conch
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Updated/Remodeled
New construction: No
Year built: 1938

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA

Community & HOA

Community

Subdivision: GG Watson Sub (1.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $1,178/sqft
Tax assessed value: $1,037,107
Annual tax amount: $9,094
Date on market: 6/19/2026
Listing terms: Cash,FHA,VA Loan,Conventional

Estimated market value

$1,215,600

$1.15M - $1.28M

$4,236/mo

Price history

Date	Event	Price
6/19/2026	Listed for sale	$1,295,000-0.3%$1,178/sqft
Source: FLKMLS #620334 Report a problem
11/19/2024	Listing removed	$5,500$5/sqft
Source: Zillow Rentals Report a problem
8/2/2024	Listed for rent	$5,500$5/sqft
Source: Zillow Rentals Report a problem
4/30/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/17/2024	Price change	$5,500-8.3%$5/sqft
Source: Zillow Rentals Report a problem
12/28/2023	Listed for rent	$6,000$5/sqft
Source: Zillow Rentals Report a problem
8/23/2023	Listing removed	--
Source: Key West AOR #605383 Report a problem
6/28/2023	Price change	$1,299,000-2%$1,182/sqft
Source: FLKMLS #605383 Report a problem
5/22/2023	Listed for sale	$1,325,000-3.6%$1,206/sqft
Source: FLKMLS #605383 Report a problem
5/22/2023	Listing removed	--
Source: Key West AOR #604224 Report a problem
2/17/2023	Listed for sale	$1,375,000$1,251/sqft
Source: Key West AOR #604224 Report a problem
2/1/2023	Listing removed	--
Source: FLKMLS #602655 Report a problem
11/20/2022	Price change	$1,375,000-1.8%$1,251/sqft
Source: Key West AOR #602655 Report a problem
10/3/2022	Listed for sale	$1,400,000+27.3%$1,274/sqft
Source: FLKMLS #602655 Report a problem
5/11/2022	Sold	$1,100,000+4.8%$1,001/sqft
Source: FLKMLS #600335 Report a problem
3/30/2022	Pending sale	$1,050,000$955/sqft
Source: FLKMLS #600335 Report a problem
3/29/2022	Contingent	$1,050,000$955/sqft
Source: FLKMLS #600335 Report a problem
3/29/2022	Listed for sale	$1,050,000+118.8%$955/sqft
Source: FLKMLS #600335 Report a problem
9/16/2016	Sold	$480,000-3.8%$437/sqft
Source: FLKMLS #123256 Report a problem
8/9/2016	Listed for sale	$499,000$454/sqft
Source: Truman & Co Inc. #123256 Report a problem
7/19/2016	Pending sale	$499,000$454/sqft
Source: Truman & Co Inc. #123256 Report a problem
6/29/2016	Price change	$499,000-6.7%$454/sqft
Source: Truman & Co Inc. #123256 Report a problem
5/14/2016	Price change	$535,000-2.7%$487/sqft
Source: Truman & Co Inc. #123256 Report a problem
5/8/2016	Listed for sale	$550,000+2.8%$500/sqft
Source: Truman & Co Inc. #123256 Report a problem
4/1/2016	Listing removed	$535,000$487/sqft
Source: Seaport Realtors (KW) #120648 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,095 +2.3%	$1,037,107 +1.8%
2024	$8,894 +8.4%	$1,018,358 +10%
2023	$8,208 +104.3%	$925,780 +95.5%
2022	$4,017 -2%	$473,627 +3%
2021	$4,099 0%	$459,833 -0.4%
2020	$4,101	$461,629 +1.6%
2019	$4,101 +0.8%	$454,505 +1.5%
2018	$4,068 -0.2%	$447,638 -0.2%
2017	$4,077 -9.9%	$448,538 -14.4%
2016	$4,525 -10.2%	$523,781 +6.7%
2015	$5,037	$490,975

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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