Skip To Content

1115 Varela Street

Key West, FL 33040
  • $710,000
  • STATUS: Closed
  • ON SITE: 387 Days
  • MLS #: 616582
Sold - 04/30/2026
$710,000
SOLD - 04/30/2026
  • 3
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,292
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:

School Ratings & Info

Description

Nestled on a charming street in the heart of Old Town Key West, 1115 Varela Street is the renovation project that you have been waiting for. This historic treasure would be a perfect project for an investor, developer or anyone looking to restore a historic Key West gem. Currently configured as a 3BD/2BA with a large outside deck and an ideal positioned detached unfinished utility shed. The lot dimensions are 21 x 111. This will allow you the ability to build a pool and create an outdoor tropical oasis. Centrally located and in an X-flood zone make this property highly desirable. Schedule your private tour today! Priced to sell!

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/168146540
Print Image

1115 Varela Street Key West, FL 33040

  • Price: $775,000
  • Status: Closed
  • On Site: 387 Days
  • Updated: 17 min ago
  • MLS #: 616582
3
Beds
2
Baths
0
½ Baths
0.05
Acres
1,292
SQFT
$0
$/SQFT
1948
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Nestled on a charming street in the heart of Old Town Key West, 1115 Varela Street is the renovation project that you have been waiting for. This historic treasure would be a perfect project for an investor, developer or anyone looking to restore a historic Key West gem. Currently configured as a 3BD/2BA with a large outside deck and an ideal positioned detached unfinished utility shed. The lot dimensions are 21 x 111. This will allow you the ability to build a pool and create an outdoor tropical oasis. Centrally located and in an X-flood zone make this property highly desirable. Schedule your private tour today! Priced to sell!
Exterior Features

Architectural Style A-Frame Attached Garage YN No Building Stories 2 Stories Construction Materials Frame Dockage None Exterior Features FencingShed Parking Features Open Patio And Porch Features Open Porch/Balcony Pool Features [] Pool Private YN No Roof Metal Roof Shutters Clam Shell Vehicle Storage Open Parking View [] Waterview No Waterview Window Features [] Windows Doors Jalousie WindowsSliding Glass DoorsAwning Windows

Interior Features

Accessibility Features Parking Appliances DishwasherRange Cooling Wall/Window Unit(s)Ceiling Fans(s) Cooling YN Yes Flooring Vinyl Furnished Unfurnished Heating None Heating YN False Interior PantryStorage Interior Features Storage Laundry Features [] Levels [] Rooms Total 8

Property Features

Above Flood Yes Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Building Features [] Community Features [] Control Depth 0 Deed Restricts No Electric [] Flood Zone 0.2 PCT ANNUAL CHANC Frontage Type [] Green Energy Generation [] Green Water Conservation [] KWNeighborhood Old Town-S of Truman Land Size Less Than 1/4 Acre Listing Terms No Seller FinanceCashConventional Marathon Nbhd N/A Mile Marker 1 Min Rental Days 30 New Construction YN No Off Shore Island YN No Other Equipment [] Other Structures [] Pets Allowed Yes Potential Short Sale No Property Condition Fixer Property Sub Type Single Family Residence Public Sewer Hookup Yes Rental Allowed With Restrictions Security Features No Security Special Licenses [] Tax Annual Amount 1088.32 Tax Legal Description KW GWYNN SUB 0-195 PT LOT 13 SQR 2 TR 13 G54-213/14 G55-41/42 OR81-120/21 OR2132-1293/94 OR2179-599/600L/E OR2179-2469/7 Tax Year 2024 Title Negotiable Utilities Elect Separate MeterCable Available Utilities Info FKAAMunicipal SewerElect Separate MeterCable Available Water Source [] Waterfrnt No Waterfront None Waterfront Features [] Waterfront YN No Zoning HMDR - Historic Medium Density Residential

Listing courtesy of Terry Garcia of Keller Williams Key West Compass Realty: 305-292-0020.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_616582-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_616582-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_616582-2.jpg
Logo
Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040