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$1,100,000   Price Analysis
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1208 Varela St
Key West, FL 33040
1 bed 2 bath 1,111 SqFt ($990/SqFt)
1,887SqFt lot. Built 1942
Listed 2024-06-14, HOA $300, Taxes $3,124
Ⓧ USDA Ineligible
due to price & location

near Key West

This well maintained one be droom plus loft home is located in the popular and conveniently located Varela St.

Compound in Old Town. The compound consists of 6 houses which share a common pool. This hom with a private entrance has cathedral ceilings in the living and dining room with French doors that exit to the fenced deck area at the rear of the property. The 20x20 second floor loft is suitable as a second bedroom or office space and overlooks the sizeable living area.

The galley kitchen also opens to the living and dining area. There is a full second guest bathroom and a recently remodeled private bath for the expansive bedroom. This well cared for home would make a comfortable primary residence or easy care second home .


Presented by Mitzi Krabill at
Truman Co.
Listing Agent Photo

Property MLS #610430 from KeyWest

Bedrooms: 1

Total Bathrooms: 2.00
Full Bathrooms: 2

Built-in Cabinets
Sky Light(s)
Walk-in Closet(s)
Cathedral Ceilings
Furnished Description: Negotiable
Flooring: Tile, Wood

Dishwasher
Washer
Refrigerator
Range
Oven
Microwave
Dryer
Disposal

Other Room: 16 x 7 x 2
Other Room Features: Loft bedroom

Central Air
Wall/Window Unit(s)

Pool Features: SwimmingPoolYN: Yes, In Ground, Heated Pool: Yes

Lot Description: 25.5x 74
Lot Size Acres: 0.0433196
Lot Size Square Feet: 1887

Porch Description: Deck

Association: Yes
Association Amenities: Common Area Mnt
Association Fee: 300
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 300
Pets Allowed: Pets Allowed

Lease Term: 28.00

Community Features: Community Pool

Annual Tax Amount: 3269.04
Source Listing Status: Active
County: Monroe
Tax Year: 2023
Source Property Type: Residential - Single Family
Area: 02 - Key West
Source Neighborhood: Gwynn Sub (1.0)
Parcel Number: 00033190-000300
Subdivision: Gwynn Sub (1.0)
Zoning: HMDR - Historic Medium De
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$365,515
$3,124
2021$unknown + $unknown
$354,869
$3,179
2020$unknown + $unknown
$349,970
$3,125
2019$unknown + $unknown
$342,102
$3,076
2018$unknown + $unknown
$335,724
$3,068
2017$unknown + $unknown
$328,819
$3,051
2016$unknown + $unknown
$322,327
$3,140
2015$unknown + $unknown
$316,626
$3,168
2014$unknown + $unknown
$314,113
$3,253
2013$unknown + $unknown
$309,471
$3,239
2012$unknown + $unknown
$304,298
$2,799
2011$unknown + $unknown
$314,033
$2,912
2010$unknown + $unknown
$309,392
$2,991
2009$unknown + $unknown
$375,640
$3,393
2008$unknown + $unknown
$375,265
$2,965
2007$unknown + $unknown
$415,755
$3,238

Listed 2024-06-14
$1,100,000
KeyWest
Sold 2003-07-31
$452,250
KeyWest
Listed 2003-04-25
$475,000
KeyWest
Listed 2003-04-25
$475,000
Marathon
Listed 2003-04-25
$475,000
FloridaKeys
Listed 2003-04-25
$475,000
KeyWest
Sold 2000-04-24
$315,000
Public Record
Sold 1993-12-31
$160,000
Public Record
Sold 1992-10-02
$162,500
Public Record
Sold 1985-05-01
$120,000
Public Record

Total Square Feet Living: 1111
Year Built: 1942
Construction Materials: Frame
Living Area Source: Appraisal
Property Age: 82
Property Condition: Updated/Remodeled
Roof: Metal Roof
House Style: Conch

Disabled Access: No

Elect Separate Meter
Water Separate Meter
Municipal Sewer
FKAA

Horace O'bryant School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Key West High School is a public middle and high school located approximately 0.9 miles away.
directions icon Map directions

Montessori Children's School is a private elementary school located approximately 0.1 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.