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$1,300,000
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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.
Full Property Details
Full Property Details for 1113 Watson St
General
- Sold For: $1,300,000
- Taxes: $9,554 (2025)
- Status: Closed
- Type: Duplex
- Source: 927
- MLS ID: 618191
- Added to Site: 117 day(s) ago
Interior
- Interior Features: Drapes/Blinds Incl
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Fencing, Storage
- Deck/Patio: Screened Patio, Screened
- Porch/Patio/Deck: Screened Patio, Screened
Parking
- Parking Features: Off Street
Location
- Area: 02 - Key West
- County: Monroe
- Subdivision: Gwynn Sub (1.0)
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
- Heating Type: None
Structural Information
- Architectural Style: Above Flood
- Construction: Frame
- Roof: Metal
- Windows/Doors: Aluminum Windows, Shutters
- Square Feet: 1,819
- Sq. Ft. Source: Property Data Card
- Year Built: 1938
Lot Features
- Property View: No Waterview
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,000
- Lot Dimensions: 50 x 80
- Zoning: HMDR - Historic Medium Density Residential
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $9,554.94
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 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
- Flood Zone: 0.2 PCT ANNUAL CHANC
- APN: 00033552-000000
Listed by Lokation Real Estate, Dawn M McComish
Sold by Berkshire Hathaway HomeServices Knight & Gardner Realty, Zainya Zimmerer
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Schools
Schools serving 1113 Watson St
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Horace O'bryant School 1105 Leon Street, Key West, FL 33040 | 6-8 | 0.4 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1113 Watson St
Date
Details
Price
Change
Source
3/20/2026
Sold
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1113 Watson Street, Key West, FL 33040 (MLS# 618191) is a Duplex property that was sold at $1,300,000 on March 20, 2026. Want to learn more about 1113 Watson Street? Do you have questions about finding other Duplex real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

