1113 Watson St, Key West, FL 33040

$1,300,000
5
BD
3
BA
1,819
SqFt

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Sold Price
$1,300,000
List Price
$1,455,000
Closing Date
Mar 20, 2026
MLS#
618191
Status
CLOSED
Island
Key West
County
Monroe
City
Key West
Area
Key West
Subdivision
Gwynn Sub (1.0)
Neighborhood
Old Town-S of Truman
Bedrooms
5
Bathrooms
3
Living Area
1,819
Acres
0.09
Year Built
1938
Days on Market
60

Property Description

Historic Old Town Key West Duplex | Income-Producing Island Opportunity Discover 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.

Additional Information

Taxes
$9,554
Furnished
Unfurnished
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Oven
Exterior Features
Fence, Storage
Roof
Metal
Zoning
HMDR - Historic Medium Density Residential
Terms
Cash, Conventional

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Listing Courtesy Of Lokation Real Estate, Contact:

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