OFF MARKET

Off market jun 2024 for $729K

$713,049

Est. refi paymentEst. refi $3,393/mo

•

646

sq ft

1007 Watson St Rear, Key West, FL 33040

About this home

NEW LISTING! Beautiful two-story home, this Tropical Tree House is situated in the heart of Old Town. This home provides both privacy and tranquility. Nestled back from the street, it is enveloped by lush tropical surroundings and a privacy fence. Experience the best of indoor and outdoor living in this charming abode with patio for dining and relaxing, outdoor shower, and large covered balcony from the second floor with tree top views of paradise. Home features two newly renovated bathrooms, indoor laundry, new flooring, and more! Main level is light filled and opens to the patio area with room for grilling and entertaining. Upper level boasts a spacious primary bedroom with extra high wood beamed ceilings, renovated full bath, generously sized closet, storage, and private balcony space. Ductless Central AC. This is a rare find in Old Town, private and detached property with no condo or HOA fees! Perfect for pets with the fenced yard. Plenty of room to add a hot tub and ample storage space in the shed. Close to Duval Street, dining, shopping, and galleries. Desired X Flood Zone!

Single-familyProperty Type

1980Year Built

710 sq ftLot Size

$1,104Est. Price/Sq.Ft.

Listed by Bascom Grooms • Bascom Grooms Real Estate (KW)

Bought with Bascom Grooms • Bascom Grooms Real Estate (KW)

Redfin checked: 3 minutes ago

•Source:FLKMLS #608916

Redfin Estimate

$713,049

$16K since sold in June 2024$31K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.9% lower than the average sale price ($950K) of 6 comparable homes.

SOLD JAN 7, 2026
$780,000
A
2 beds2 baths648 sq ft
834 Olivia St, Key West, FL 33040
SOLD SEP 25, 2026
$1,150,000
B
2 beds1 bath1,099 sq ft
1124 Watson St, Key West, FL 33040
SOLD APR 30, 2026
$710,000
C
3 beds2 baths1,292 sq ft
1115 Varela St, Key West, FL 33040
SOLD OCT 9, 2026
$1,450,000
D
2 beds2.5 baths1,008 sq ft
1401 Grinnell St, Key West, FL 33040
SOLD SEP 30, 2026
$855,000
E
3 beds1 bath1,580 sq ft
1222 Florida St, Key West, FL 33040
SOLD MAR 20, 2026
$755,000
F
1 bed2 baths884 sq ft
609 1/2 Margaret St, Key West, FL 33040

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Earn from this home

Refinance

Est. cash available

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Rent

$3,433/mo

Redfin rental estimate

List your home for rent

Market trends in 33040, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

94.4%

1.2% MoM

Median sale price

$1,000K

$294 MoM

Avg. days on market

135d

5 days MoM

Recently sold homes

111

3 MoM

New listings for sale

NEW 22 HRS AGO
$895,000
3 beds2 baths810 sq ft
1004 Watson St #1, Key West, FL 33040
OPEN SAT, 12PM TO 2PM
$979,000
3 beds2 baths1,324 sq ft
1709 Catherine St, Key West, FL 33040
$779,000
3 beds2 baths1,152 sq ft
511 Avenue D Unit B, Key West, FL 33040
$2,099,000
5 beds4 baths1,201 sq ft
1125 Angela St, Key West, FL 33040
3D WALKTHROUGH
$1,895,000
8 beds4 baths3,383 sq ft
905 Grinnell St, Key West, FL 33040
$2,190,000
5 beds4 baths2,366 sq ft
1519 Johnson St, Key West, FL 33040
3D WALKTHROUGH
$1,395,000
4 beds2 baths1,743 sq ft
34 Key Haven Rd, Key West, FL 33040
OPEN SUN, 11AM TO 1PM
$569,000
2 beds1.5 baths1,050 sq ft
3314 Northside Dr #62, Key West, FL 33040
$995,000
3 beds2 baths1,221 sq ft
2601 S Roosevelt Blvd Unit 610A, Key West, FL 33040
$2,250,000
3 beds3 baths1,250 sq ft
115 Front St Apt 101, Key West, FL 33040
See all

Provided by Redfin

Sale history for 1007 Watson St Rear

Date

Event

Price

FLKMLS #608916

Jun 10, 2024

Sold

$729,000

$1,128/sq ft

May 8, 2024

Contingent

—

Apr 6, 2024

Price Changed

$749,000

$1,159/sq ft

Mar 19, 2024

Price Changed

$799,000

$1,237/sq ft

Feb 27, 2024

Listed

$849,000

$1,314/sq ft

MARMLS #A11221743

Sep 21, 2022

Sold

$648,000

$1,003/sq ft

Jul 16, 2022

Contingent

—

Jul 8, 2022

Price Changed

$725,000

$1,122/sq ft

Jun 13, 2022

Listed

$849,000

$1,314/sq ft

“The Key West Tree House” is a cozy and comfortable home that will transition you from the rest of civilization to the relaxing Historic District of Key West. This light-filled home is hidden on a secret path in the charming streets of Old Town. Wake up each morning and enjoy coffee on the balcony overlooking tropical treetops and, in the evening, enjoy cocktails on the patio. Completely and recently renovated, boasting 2 full baths, outdoor shower, and a kitchen with new appliances that's ready for your culinary creativity. Wood Beamed ceilings in the Bedroom add to the tropical charm. Centrally located in Old Town, the soul of Key West, where the activity of Duval Street and the beaches, are just moments away. Phenomenal Income producing opportunities present themselves as well.

FLKMLS #598770

Mar 11, 2022

Sold

$1,150,000

$1,780/sq ft

Jan 29, 2022

Contingent

—

Jan 25, 2022

Price Changed

$1,175,000

$1,819/sq ft

Dec 10, 2021

Listed

$1,250,000

$1,935/sq ft

+19

This charming Old Town Cottage has undergone a full-scale renovation, is now beautifully appointed, and ready for new Owners. The original historical shotgun design has been maintained but inside you will find all new windows, doors, plumbing, wiring, and cooling system. Watch the world go by on the sweet Front Porch and then step into the delightful open concept floorplan featuring a vaulted ceiling with cove lighting. Gorgeous engineered White Oak flooring, Stainless appliances, Carrera marble countertops, beautiful, undulated Subway tile and Ship-Lap walls all contribute to the cozy Cottage vibe of this perfect home. The Main floor affords a Guest Bedroom with a shared Bath, as well as an inviting Primary Bedroom with Ensuite Bath. Enjoy working from home or entertaining friends in the cheerful spacious Loft space, complete with Closet and Built-Ins. The Rear Porch is just the right spot for morning coffee and starting your day in Paradise. Located in the X Flood Zone and a great Old Town walkable and bikeable Neighborhood.

FLKMLS #584262

Jul 3, 2019

Sold

$445,000

$689/sq ft

Feb 12, 2019

Listed

$464,000

$718/sq ft

FLKMLS #118377

Oct 23, 2013

Sold

$361,000

$559/sq ft

Jul 24, 2013

Listed

$374,000

$579/sq ft

FLKMLS #111130

Sep 11, 2009

Sold

$235,000

$364/sq ft

Jul 1, 2009

Listed

$250,500

$388/sq ft

FLKMLS #110482

Jun 22, 2009

Listing Removed

—

Mar 11, 2009

Listed

$299,000

$463/sq ft

FLKMLS #93548

Feb 2, 2005

Sold

$545,000

$844/sq ft

Jun 11, 2004

Listed

$555,000

$859/sq ft

FLKMLS #522412

Feb 2, 2005

Sold

$545,000

$844/sq ft

Jun 11, 2004

Listed

$555,000

$859/sq ft

Public Records

Jun 21, 2004

Sold

$401,700

$622/sq ft

FLKMLS #522415

Jun 12, 2004

Listing Removed

—

Jun 11, 2004

Listed

$565,000

$875/sq ft

FLKMLS #93102

Apr 12, 2004

Sold

$272,000

$421/sq ft

Feb 17, 2004

Listed

$272,000

$421/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,541 (+53.8%)

$288,519 + $316,544

$605,063

2024

$3,604 (+1.9%)

2023

$3,537 (+6.1%)

2022

$3,332 (+7.7%)

2021

$3,093 (−4.3%)

$144,664 + $159,691

$304,355

2020

$3,233 (+4.9%)

$158,595 + $163,240

$321,835

2019

$3,082 (−1.8%)

$158,595 + $163,240

$321,835

2018

$3,139 (−2.1%)

$153,505 + $149,308

$302,813

2017

$3,204 (−6.3%)

$153,505 + $151,104

$304,609

2015

$3,419 (+2.0%)

$164,784 + $159,286

$324,070

2014

$3,351

Tax history for 1007 Watson St Rear

Year

Property tax

Land + Additions

Assessment*

2025

$5,541 (+53.8%)

$288,519 + $316,544

$605,063

2024

$3,604 (+1.9%)

2023

$3,537 (+6.1%)

2022

$3,332 (+7.7%)

2021

$3,093 (−4.3%)

$144,664 + $159,691

$304,355

2020

$3,233 (+4.9%)

$158,595 + $163,240

$321,835

2019

$3,082 (−1.8%)

$158,595 + $163,240

$321,835

2018

$3,139 (−2.1%)

$153,505 + $149,308

$302,813

2017

$3,204 (−6.3%)

$153,505 + $151,104

$304,609

2015

$3,419 (+2.0%)

$164,784 + $159,286

$324,070

2014

$3,351

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

700 Sq. Ft.

Year renovated

2015

Sq. Ft.

646

Year built

1980

Style

Single Family Residential

County

Monroe County

APN

0568 25 00033300000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

HMDR

Historic Medium Density Residential District

The historic medium density residential district HMDR is established to implement comprehensive plan policies for areas designated HMDR on the comprehensive plan future land use map. The HMDR district shall accommodate historic Old Town medium density residential development for permanent residents, including single-family, duplex, and multiple-family residential structures. The HMDR district shall provide a management framework for preserving the residential character and historic quality of the medium density residential areas within Old Town.; In addition, accessory uses, including approved home occupations conducted within the residential structure, and customary community facilities can be located in the HMDR designated area. This area shall not accommodate transient residential uses, including guesthomes, motels or hotels. Similarly, the area shall not accommodate commercial office, retail, or other commercial uses. Lawfully existing office or commercial uses shall be permitted to continue to exist as lawful nonconforming uses if such uses continue to comply with conditions invoked when the respective uses were approved. In the event the city owns the portion of the Truman Waterfront Parcel designated HMDR, the site will be developed for 100 percent affordable housing. If the site is privately owned, one-third of the dwelling units will be affordable.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units

Property details

Interior

Virtual Tour

Interior Features
Interior Features: Built-in Cabinets, Cathedral Ceilings
Flooring: Tile Floor, Vinyl Floor
Windows/Doors: French Doors, Glass Doors
Cooling/Heating: Ceiling Fans, Ductless A/C
Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer
Furnished: Furniture Negotiable, Unfurnished

Bathroom Information
# of Full Baths: 2

Exterior

Boat Slip/Dock Information
Dockage: None

Exterior Features
Exterior Features: Fencing, Shed, Privacy Wall/Fence, Outdoor Shower
Porch/Balcony: Open Porch/Balcony, Patio

Property Features
Waterfront Type: None
Waterview: No Waterview

Property Information
Deed Restrictions: Unknown
Pets: Pets Allowed
Rentals Allowed: With Restrictions
Min Rental Days: 30

Lot Information
Acres: 0.02
Zoning: HMDR - Historic Medium Density Residential
Land Size: Less Than 1/4 Acre
Flood Zone: 0.2 PCT ANNUAL CHANC

Building Information
Year Built: 1,980
Sq. Ft. Source: Property Data Card
Building Style: Conch
Building Style: Stories: 2
Building Style: Above Flood: Unknown
Construction: Combo Construction, Hardi Board Siding
Roof: Metal Roof

Subdivision/Neighborhood
Subdivision: Gwynn Sub (1.0)
Key West Neighborhood: Old Town-S of Truman
Marathon Neighborhood: N/A

Financial

Tax Information
Taxes: $3,536.76
Tax Year: 2,023
Tax Exemptions: Homestead

Financial Information
Terms: Cash, VA, FHA, Conventional

Utilities

Utility Information
Utilities: FKAA, Municipal Sewer
Has Public Sewer Hook-up

Location

Homeowners Association Information
Association Info: 1st Right of Refusal: No
Association Info: Condo Doc's: No
Association Info: Association Fee $: 0.00
Fee Includes: None

Location Information
Side: Ocean
Mile Marker: 1.00
Directions: Watson St to 1007 REAR, path next to 1007 on the right side.

Public facts

Beds: 1
Baths: 2.0
Sq. Ft.: 646
Stories: 2.0
Lot Size: 700 square feet
Style: Single Family Residential
Year Built: 1980
Year Renovated: 2015
County: Monroe County
APN: 0568 25 00033300000101

Home facts updated by county records on Oct 9, 2026

Other

Auction Information
Financial Status: Auction: No

Around this home

Schools

Horace O'bryant School

Public PreK-8 • Assigned • 0.4mi

3/10

Key West High School

Public 9-12 • Assigned • 1.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 72-80% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

Heat Factor

We're working on getting current and accurate heat risk information for this home.

10/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Key West, FL • 33040

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 7.3 hours in December, placing it above the U.S. average for solar exposure.

10.1 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$678,000 – $821,000

Sell confidently with a local market expert in Key West. 3 minutes to get started.

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New listings for sale in 33040

NEW 22 HRS AGO

$895,000

3 beds2 baths810 sq ft

1004 Watson St #1, Key West, FL 33040

Historic charm • New plumbing • New electric wiring

OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

$979,000

3 beds2 baths1,324 sq ft

1709 Catherine St, Key West, FL 33040

Large lot • Fenced rear yard • 6,826 sq ft lot

$779,000

3 beds2 baths1,152 sq ft

511 Avenue D Unit B, Key West, FL 33040

Open floor plan • Breakfast bar • Covered parking area

$2,099,000

5 beds4 baths1,201 sq ft

1125 Angela St, Key West, FL 33040

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3D WALKTHROUGH

$1,895,000

8 beds4 baths3,383 sq ft

905 Grinnell St, Key West, FL 33040

Off-street parking • Separate entrances • Outdoor spaces

$2,190,000

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1519 Johnson St, Key West, FL 33040

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3D WALKTHROUGH

$1,395,000

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OPEN SUN, 11AM TO 1PM3D WALKTHROUGH

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3314 Northside Dr #62, Key West, FL 33040

Private setting • Community pool • Convenient location

$995,000

3 beds2 baths1,221 sq ft

2601 S Roosevelt Blvd Unit 610A, Key West, FL 33040

Updated appliances • In condo laundry • Walk in shower

Home values near 1007 Watson St Rear

Data from public records.

Address	Redfin Estimate
1008 Watson St, Key West, FL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$1,484,890
1015 Watson St, Key West, FL 2 Beds \| 2 Baths \| 956 Sq. Ft.	$687,189

Address	Redfin Estimate
1013 Watson St, Key West, FL 2 Beds \| 2 Baths \| 1256 Sq. Ft.	—
1009 Watson St, Key West, FL 2 Beds \| 2 Baths \| 816 Sq. Ft.	$1,127,153

Address	Redfin Estimate
1017 Watson St, Key West, FL 1 Beds \| 1 Baths \| 656 Sq. Ft.	$513,744
1009 Watson St, Key West, FL 3 Beds \| 2.5 Baths \| 1632 Sq. Ft.	$1,253,382

Property information provided by FLKMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33040, FL

Sale history for 1007 Watson St Rear

Tax history for 1007 Watson St Rear

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33040

Home values near 1007 Watson St Rear

More real estate resources