1005 Watson Street 1, Key West, FL

$1,575,000

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3

Beds

2

Baths

1,070

Square feet

About 1005 Watson Street 1

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 cafés, 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.

Features of 1005 Watson Street 1

MLS® # 620577
Price $1,575,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,070
Year Built 1933
Type Residential
Sub-Type Condominium
Style A-Frame
Status Active

Community Information

Address 1005 Watson Street 1
Area 02 - Key West
Subdivision Gwynn Sub (1.0)
City Key West
County Monroe
State FL
Zip Code 33040

Amenities

Utilities FKAA, Municipal Sewer
Parking Off Street Parking
View No Waterview
Is Waterfront No
Waterfront None
Has Pool Yes
Pool In Ground, Salt Water

Interior

Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Features Fruit Tree(s), Outdoor Shower, Shed
Lot Description Less Than 1/4 Acre
Windows French Doors
Construction Frame

Additional Information

Date Listed July 9th, 2026
Days on Market 39
Zoning HHDR - Historic High Density Residential
Short Sale No
RE / Bank Owned No
HOA Fees 1117
HOA Fees Freq. Monthly

Listing Details

AgentMegan Mcdowell
OfficeBrenda Donnelly Real Estate LLC

Listing Map

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