1012 Varela St Unit 2 Key West, FL 33040
Old Town Neighborhood
1
Bed
1
Bath
241
Sq Ft
$70/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Patio
- Key West Architecture
- Stainless Steel Appliances
- 2-minute walk to Higgs Beach Dog Park
About This Home
As of December 2024Looking For The Perfect Key West Getaway Cottage? Look no further! Tucked away along a tropical palm-lined path, this hidden gem offers privacy and seclusion near all of Key West's Old Town attractions. This 1BA spacious studio is a freestanding home with two private outdoor areas. It was recently remodeled and is ready to move in or rent out. Renovations include a new bathroom and kitchenette with high end under-counter fridge/freezer with ice maker, as well as brand new A/C, water heater, and Clermont Oak floors throughout. Surrounded by lush mature landscaping, the front brick terrace garden is perfect for grilling and dining al fresco, while the back deck offers storage and additional outdoor relaxation space. Freshly painted exterior with new landscaping & irrigation system complete the outdoor perfection. Located in X Flood Zone with low condo fees of only $70/month. This is the one you've been waiting for!
Last Agent to Sell the Property
Sara Hallett
eXp Realty LLC License #3288797
Last Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,187
Year Built
- Built in 1908 | Remodeled
Lot Details
- Privacy Fence
HOA Fees
- $70 Monthly HOA Fees
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 241 Sq Ft Home
- Ceiling Fan
- Storage
- Wood Flooring
Kitchen
- Microwave
- Freezer
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Deck
- Patio
- Shed
Utilities
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 365
- Assessor Parcel Number 00032600-000200
Community Details
Overview
- Association fees include building insurance, water, common area mnt
- Gwynn Sub Subdivision
- Rental Restrictions
Pet Policy
- Pet Restriction: YES
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $513,000 | -3.2% | $2,129 / Sq Ft |
| 07/24/2024 07/24/24 | Price Changed | $530,000 | -1.9% | $2,199 / Sq Ft |
| 07/01/2024 07/01/24 | For Sale | $540,000 | +9.8% | $2,241 / Sq Ft |
| 07/08/2022 07/08/22 | Sold | $492,000 | -1.0% | $2,041 / Sq Ft |
| 06/11/2022 06/11/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | Price Changed | $497,000 | -11.1% | $2,062 / Sq Ft |
| 05/26/2022 05/26/22 | For Sale | $559,000 | +126.3% | $2,320 / Sq Ft |
| 07/07/2020 07/07/20 | Sold | $247,000 | -0.8% | $1,025 / Sq Ft |
| 06/22/2020 06/22/20 | Pending | -- | -- | -- |
| 06/02/2020 06/02/20 | For Sale | $249,000 | -- | $1,033 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,816 | $492,793 | -- | $492,793 |
| 2023 | $3,816 | $400,500 | $0 | $400,500 |
| 2022 | $2,648 | $348,451 | $0 | $348,451 |
| 2021 | $2,187 | $200,845 | $0 | $200,845 |
| 2020 | $1,754 | $200,845 | $0 | $200,845 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $353,500 | New Conventional | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $175,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $513,000 | None Listed On Document | |
| Warranty Deed | $492,000 | Oropeza Stones Cardenas Pllc | |
| Warranty Deed | $247,000 | Gunster Yoakley & Stewart Pa |
Source: Public Records
Similar Homes in Key West, FL
Source: Florida Keys Board of REALTORS®
MLS Number: 601166
APN: 00032600-000200
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