927 Thomas Street 1, Key West, FL

$1,169,000

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2

Beds

3

Baths

1,124

Square feet

About 927 Thomas Street 1

Your Old Town Key West dream can start now -- with income built in. This exceptional 2-bedroom, 2.5-bath, townhouse-style condo offers a rare combination of Old Town lifestyle, flexible living space, and income-producing potential. Currently configured with a lock-off 1-bedroom apartment, the property offers an ideal opportunity for the future Key West homeowner: enjoy the larger 1 Bedroom, 1.5 Bath unit with private garden/patio as your own Key West retreat while the lock-off apartment provides substantial annual rental income. When the time comes to make Key West your full-time home, the property can be easily converted back to its original spacious 2-bedroom townhouse-style layout. A private gated entry opens to your own generous outdoor oasis, complete with a waterfall pond, large patio, and charming ''she-shed'' -- perfect for storage, an art studio, or entertaining. Inside, you'll find high ceilings, abundant natural light, generous storage, in-unit washer/dryers, and newer stainless-steel appliances. Just two blocks from Duval Street in the heart of Old Town's vibrant Bahama Village, you're surrounded by restaurants, galleries, shops, nightlife, and countless Key West attractions -- all within easy walking distance. Whether you're ready for a Key West home now or envision making the island your full-time home in the future, this is a rare opportunity to own your piece of Old Town, enjoy income along the way, and ultimately create the spacious Key West home you've been dreaming of. Some seller financing considered. Seller is a Florida Licensed Realtor. Photos 10-17 show Original Layout, 18=FloorPlan, 19-37 show Back Unit, 38-49 show Front Lock-Off Apt.

Features of 927 Thomas Street 1

MLS® # 621479
Price $1,169,000
Bedrooms 2
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,124
Year Built 1908
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 927 Thomas Street 1
Area 02 - Key West
Subdivision Old Town - Unlisted (1.0)
City Key West
County Monroe
State FL
Zip Code 33040

Amenities

Amenities Beach
Utilities FKAA, Well, Municipal Sewer, Propane, Elect Separate Meter, Cable Available
View No Waterview
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Features Drapes/Blinds Incl, Cathedral Ceilings, Split Bedroom, Pantry, Entrance Foyer, Built-in Cabinets, Fire Sprinkler, Storage, Bar
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Gas Appliances, Stainless Steel Appliance(s)
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Features Rain Gutters, Shed, Storage, Water Display
Lot Description Less Than 1/4 Acre
Windows French Doors, Impact Rstnce Doors
Roof Metal Roof, Combo Roof, Other Roof
Construction CBS, Frame, Combo Construction

Additional Information

Date Listed October 1st, 2026
Days on Market 5
Zoning HMDR - Historic Medium Density Residential
Short Sale No
RE / Bank Owned No
HOA Fees 780
HOA Fees Freq. Monthly

Listing Details

AgentMichelle Blades
OfficeRealty Executives Florida Keys Old Town

Listing Map

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