1005 Watson St, Unit 1

Key West, FL 33040

$1,575,000
Price
3
Beds
1,070 Sq. Ft.
$1,472 / Sq. Ft.
1,070
Sq. Ft.
$1,472
per Sq. Ft.
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Open: 7/11 12:00PM - 02:00PM
Open: 7/11 12:00PM - 02:00PM
1005 Watson St
pool
2 car driveway
front porch
front porch view
entryway
living room
living room
living room
dining room
dining room
kitchen
kitchen
kitchen
kitchen
primary bedroom
primary bedroom
primary bedroom
primary bathroom
primary bathroom
primary bathroom
bedroom #2
bedroom #2
main bathroom
main bathroom
main bathroom
bedroom #3
bedroom #3
backyard
backyard
backyard
outdoor shower
outdoor shower

Description

Experience the best of Old Town Key West in this beautifully updated 3-bedroom, 2-bath home offering the ease of single-level living. Inside, you'll find hardwood floors, tall ceilings, French doors, stainless steel appliances, and an inviting open layout filled with natural light. Designed for the Key West lifestyle, the private backyard features a saltwater pool with heater and chiller, outdoor shower, lush tropical landscaping, spacious patio, and two dedicated off-street parking spaces. This...Experience the best of Old Town Key West in this beautifully updated 3-bedroom, 2-bath home offering the ease of single-level living. Inside, you'll find hardwood floors, tall ceilings, French doors, stainless steel appliances, and an inviting open layout filled with natural light. Designed for the Key West lifestyle, the private backyard features a saltwater pool with heater and chiller, outdoor shower, lush tropical landscaping, spacious patio, and two dedicated off-street parking spaces. This property is turnkey, fully furnished and ready to enjoy from day one. Well maintained and tastefully updated, recent improvements include a new HVAC system, saltwater pool system, updated furnishings and termite tenting. Currently operating as a monthly vacation rental with an established rental history. Located in the center of Old Town just moments from Higgs Beach, Duval Street, the Historic Seaport, neighborhood cafes, restaurants and shopping. This property offers the privacy and feel of a single family home, it is part of an intimate two-unit condominium association with no shared common elements. Whether you're looking for a successful investment property, a full-time residence, or your own island getaway, this home checks every box. Schedule your private showing today to explore this Key West opportunity.
  1. Listed by Megan McDowell • Brenda Donnelly Real Estate LLC

Property Details for 1005 Watson Street, Unit 1

Waterfront
None
Waterfront
No
Zoning
HHDR - Historic High Density Residential
Subdivision
Gwynn Sub (1.0)
Building Style
A-Frame
Vehicle Storage
Off Street Parking
Pets
Pets Allowed

Open Houses

Saturday, Jul 11th12:00 PM - 2:00 PM
PublicView contact
Sunday, Jul 12th12:00 PM - 2:00 PM
PublicView contact
LISTING UPDATED: 07/09/2026 11:27 AM

Property Details for 1005 Watson Street, Unit 1

StatusActive
MLS #620577
Days on Market1
Pet PolicyAllowed
Taxes$9,606 / year
HOA Fees$1,700 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condo
Year Built1933
CountyMonroe County
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Location

Listing Courtesy of Brenda Donnelly Real Estate LLC
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Building Information for 1005 Watson Street, Unit 1

Building/Complex1005 Watson StFloor-Stories-Residences-Pet PolicyAllowedPet Policy Details-Year Built1933

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$10,349 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,848

Property Taxes

$801

HOA Dues

$1,700

The Payment Calculator is for illustrative purposes only.

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Property Information for 1005 Watson Street, Unit 1

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.792366
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 1
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Furnished: Furnished
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.0
  • Parcel #: 00033270000101
  • Land Size: Less Than 1/4 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • Legal: Unit 1 Watson Street Condominium Or2108-2115 Or2114-2244/45 Or2524-1397/98 Or2712-1756/57 Or3098-0532 Or3218-0827
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: No
  • Picture Count: 34
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Other: Chilled
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Salt Water
  • Porch/Balcony: Patio
Interior and Exterior Features
Interior Features
  • Floor: Wood
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fruit Tree(s), Shed, Outdoor Shower
  • Windows/Doors: French Doors

Property History for 1005 Watson Street, Unit 1

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Listed (Active)

FKMLS #620577

$1,575,000—
Mar 31, 2023

Sold (Public Record)

Public Record #1509004026

$1,350,000

+20.4% / yr

Mar 31, 2023

Sold

FKMLS #600323

$1,350,000—
DateEvent & SourcePrice
07/09/2026

Listed (Active)

FKMLS #620577

$1,575,000
03/31/2023

Sold (Public Record)

Public Record #1509004026

$1,350,000

+20.4% / yr

03/31/2023

Sold

FKMLS #600323

$1,350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1005 Watson Street, Unit 1

Taxable ValueLand-Additions$1,099,318Total-
Tax Record2024$9,532 ($794 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,070 SqFtAbove Grade Finished SqFt1,070 SqFtLot Size4,983 SqFtStyleCondominiumYear Built1933CountyMONROEAPN00033270-000101

Schools near 1005 Watson Street, Unit 1

This home is within Monroe.
Rating
School
Type
Grades
Distance
Horace O'bryant School
Public - PK to 8
Key West High School
Public - 9 to 12
May Sands Montessori School
Charter - PK to 8
Keys Center
Public - 8 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Key West High School
Public9 to 12

May Sands Montessori School
CharterPK to 8

Keys Center
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1005 Watson Street, Unit 1, Key West, FL 33040

1005 Watson Street, Unit 1 is a condo for sale in Key West, FL 33040. This property was listed for sale on July 9, 2026 by Brenda Donnelly Real Estate LLC, it's currently listed at $1,575,000. It has been on the market for a total of 1 days and was last sold on March 31, 2023. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Key West High School and May Sands Montessori School. 1005 Watson Street, Unit 1 is a 3-bed, 2-bath, 1,070 sqft condo built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brenda Donnelly Real Estate LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.