1113 Watson St

1,819 Sq. Ft.
$715 / Sq. Ft.
1,819
Sq. Ft.
$715
per Sq. Ft.

Description

Historic Old Town Key West Duplex | Income-Producing Island OpportunityDiscover the timeless charm of Old Town Key West in this truly unique and character-rich historic duplex, offering both lifestyle flexibility and excellent income potential. Filled with authentic island personality, this property is ideal for an owner-occupant, investor, or anyone seeking the classic Key West way of life. The downstairs residence features a spacious three-bedroom, two-bath layout highlighted by a large screened-in...Historic Old Town Key West Duplex | Income-Producing Island OpportunityDiscover the timeless charm of Old Town Key West in this truly unique and character-rich historic duplex, offering both lifestyle flexibility and excellent income potential. Filled with authentic island personality, this property is ideal for an owner-occupant, investor, or anyone seeking the classic Key West way of life. The downstairs residence features a spacious three-bedroom, two-bath layout highlighted by a large screened-in porch, perfect for morning coffee, cooling island breezes, and relaxed evenings. An outdoor yard provides a rare Old Town bonus, offering space for entertaining, pets, or simply enjoying the tropical surroundings. Upstairs, a separate two-bedroom, one-bath apartment offers privacy and charm, making it well suited for long-term rental, guest accommodations, or supplemental income. The flexible configuration allows you to live in one unit while renting the other, creating an ideal live-work-rent opportunity in a highly desirable location. Off-street parking for up to three vehicles is a true Old Town luxury, and a shared laundry area adds everyday convenience. Distinctive architectural details throughout reflect the historic character and quirky charm that define Old Town Key West. Whether you are seeking a smart income-producing investment, a multi-generational living arrangement, or a home that captures the spirit and history of the island, this duplex offers endless possibilities in one of Key West's most sought-after neighborhoods. Use as a single family home for a large family! Classic, unique, and income-ready, this is a rare opportunity to own a genuine piece of Old Town Key West.
  1. Listed by Dawn M McComish • Lokation Real Estate

Property Details for 1113 Watson Street

Waterfront
None
Waterfront
No
Zoning
HMDR - Historic Medium Density Residential
Subdivision
Gwynn Sub (1.0)
Vehicle Storage
Off Street Parking
Pets
Pets Allowed
LISTING UPDATED: 03/24/2026 10:12 AM

Property Details for 1113 Watson Street

StatusClosed
MLS #618191
Days on Market13
Taxes$9,555 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1938
Lot Size0.09 AC / 4,000 SF
CountyMonroe County

Location

Listing Courtesy of Lokation Real Estate

Sold By Berkshire Hathaway HomeServices Knight & Gardner Realty

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Building Information for 1113 Watson Street

Stories2Residences-Year Built1938Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$7,105 per month

30 year fixed, 6.11% Interest

Principal and Interest

$6,309

Property Taxes

$796

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1113 Watson Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.791595
  • Control Depth: 0
  • Listing Board: Marathon/Lower Keys
  • 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: No
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 2
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2025
  • Tax Exemptions: Homestead, Disability, Widow/Widower
Property
Lot Information
  • Lot Size: 50 X 80
  • Acres: 0.09
  • Parcel #: 00033552-000000
  • Land Size: Less Than 1/4 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • Legal: KW GWYNN SUB PT OF TR 13 (F/K/A 1113 WATSON STREET CONDOMINIUM ASSOCIATION INC) OR124-122/123 OR423-1052/54 OR587-493 OR
  • MLS Approved: Y
  • Bank Owned: No
  • SqFt Source: Property Data Card
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 41
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Title: Title Ins - Buyer
Utilities
  • Utilities: FKAA, Propane, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: No
  • Porch/Balcony: Screened P/B, Screened Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile, Wood
  • Interior Features: Drapes/Blinds Incl
  • Pre-Wired: Cable
  • Appliances: Washer, Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fencing, Storage
  • Windows/Doors: Aluminum Windows

Property History for 1113 Watson Street

DateEvent & SourcePriceAppreciation
Mar 23, 2026

Cancelled

FKMLS #618193

Mar 20, 2026

Sold

FKMLS #618191

$1,300,000
Mar 20, 2026

Sold

FKMLS #618193

$1,275,000
Mar 20, 2026

Sold

FKMLS #618191

$1,275,000
Feb 2, 2026

Backup Contract

FKMLS #618193

Feb 2, 2026

Backup Contract

FKMLS #618191

Feb 1, 2026

Pending

FKMLS #618193

Feb 1, 2026

Pending

FKMLS #618191

Jan 19, 2026

Listed (Active)

FKMLS #618193

$1,455,000
Jan 19, 2026

Listed (Active)

FKMLS #618191

$1,455,000
Sep 3, 2014

Sold (Public Record)

Public Record #434547783

$730,000

+2.2% / yr

Sep 3, 2014

Sold

FKMLS #562510

$730,000
Jun 6, 2014

Pending

FKMLS #562510

Nov 8, 2013

Temp Off Market

FKMLS #561700

Nov 8, 2013

Listed (Active)

FKMLS #562510

$749,000
Jul 26, 2013

Listed (Active)

FKMLS #561700

$929,000
Aug 29, 2008

Sold

FKMLS #108116

$640,000
Aug 28, 2008

Cancelled

FKMLS #108178

Aug 27, 2008

Pending

FKMLS #108116

Jul 23, 2008

Sold (Public Record)

Public Record #254771124

$640,000
Mar 19, 2008

Listed (Active)

FKMLS #108116

$695,000
Mar 19, 2008

Listed (Active)

FKMLS #108178

$695,000
Feb 14, 2008

Temp Off Market

FKMLS #107042

Nov 19, 2007

Listed (Active)

FKMLS #107042

$824,900
DateEvent & SourcePrice
03/23/2026

Cancelled

FKMLS #618193

03/20/2026

Sold

FKMLS #618191

$1,300,000
03/20/2026

Sold

FKMLS #618193

$1,275,000
03/20/2026

Sold

FKMLS #618191

$1,275,000
02/02/2026

Backup Contract

FKMLS #618193

02/02/2026

Backup Contract

FKMLS #618191

02/01/2026

Pending

FKMLS #618193

02/01/2026

Pending

FKMLS #618191

01/19/2026

Listed (Active)

FKMLS #618193

$1,455,000
01/19/2026

Listed (Active)

FKMLS #618191

$1,455,000
09/03/2014

Sold (Public Record)

Public Record #434547783

$730,000

+2.2% / yr

09/03/2014

Sold

FKMLS #562510

$730,000
06/06/2014

Pending

FKMLS #562510

11/08/2013

Temp Off Market

FKMLS #561700

11/08/2013

Listed (Active)

FKMLS #562510

$749,000
07/26/2013

Listed (Active)

FKMLS #561700

$929,000
08/29/2008

Sold

FKMLS #108116

$640,000
08/28/2008

Cancelled

FKMLS #108178

08/27/2008

Pending

FKMLS #108116

07/23/2008

Sold (Public Record)

Public Record #254771124

$640,000
03/19/2008

Listed (Active)

FKMLS #108116

$695,000
03/19/2008

Listed (Active)

FKMLS #108178

$695,000
02/14/2008

Temp Off Market

FKMLS #107042

11/19/2007

Listed (Active)

FKMLS #107042

$824,900

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

Public Records for 1113 Watson Street

Taxable ValueLand$665,640Additions$427,978Total$1,093,618
Tax Record2024$8,965 ($747 / month)
Home Facts
Baths4Total Finished SqFt1,819 SqFtAbove Grade Finished SqFt1,819 SqFtStories2Lot Size4,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1938Year Renovated2014CountyMONROEAPN00033552-000000

Schools near 1113 Watson Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 8
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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Listing Courtesy of Lokation Real Estate

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.