Residential

1016 Varela Street, KEY WEST

$1,399,000.00

Bedroom 3 bedrooms
Bathroom 3 baths

  • MLS #: 618738
  • Address: 1016 Varela Street, KEY WEST, FL 33040
  • SQFT: 1306
  • Acres: 0.05
  • Restrictions: Unknown
  • Subdivision: Gwynn Sub (1.0)

Location Location

Agent Comments Agent Comments
Tucked quietly behind neighboring homes in the heart of Key West, 1016 Varela St. Rear offers privacy, flexibility and an exceptional walkable lifestyle. From this convenient location, you can easily walk to beaches, restaurants, coffee shops and the local grocery store, allowing you to enjoy the best of Key West without a car.Originally built in the early 1920's this historic home has been thoughtfully renovated, with the most recent renovations in 2024, blending the historic character with modern updates throughout. Interior features an updated kitchen with smart appliances, new updated bathrooms and beautiful hardwood floors, creating a comfortable and move-in ready space.Impact windows and doors provide both storm protection and excellent sound insulation.The property is accessed by a walkway that leads past neighboring homes, creating a quiet and private setting, that feels tucked away from the street while still being close to everything Old Town has to offer. A welcoming front porch provides a peaceful place to relax, while the backyard offers space for a future pool, storage and lots of warm Key West sunshine.A separate second-Floor apartment provides additional flexibility, ideal for visiting family, adult children or potential rental income while maintaining privacy between living spaces. The apartment can be accessed by a second property entrance via Watson Lane.For those that qualify, this property offers an assumable VA mortgage at very competitive rates.1016 Varela St. Rear offers that rare combination of historic charm, modern updates and a location that truly captures the convenience of Old Town living.

Amenities Amenities
  • Washer
  • Stainless Steel Appliance(s)
  • Microwave
  • Oven
  • Refrigerator
  • Dishwasher
  • Dryer

Interior Features Interior Features
  • Cool System: Ceiling Fans(s), Ductless
  • Floors: Wood
  • Interior: Cathedral Ceilings, Quartz Countertops, Smoke Alarms, Fire Sprinkler

Exterior Features Exterior Features
  • Roof: Metal Roof
  • Pool: No

Additional Features Additional Features
  • County: Monroe
  • Property Type: Gwynn Sub (1.0)
  • Tax Number: 2147483647
  • Waterfront Features: None
  • Water/Sewer: FKAA, Municipal Sewer, Well
  • Stories: 2 Stories
  • Year Built: 1924