Seller's Agent in 2025
Letisia Powell
Robert Slack LLC
(305) 797-0399
8 in this area
23 Total Sales
1014 Varela St Unit 3 Key West, FL 33040
Old Town NeighborhoodEstimated Value: $279,000 - $364,000
1
Bed
1
Bath
308
Sq Ft
7,492
Sq Ft Lot Lot
About This Home
As of August 2025Discover a unique opportunity to own a cozy 1-bedroom, 1-bath condominium ideally situated near vibrant downtown Key West, offering the perfect canvas for those with a vision to rejuvenate. While the property may need some TLC, its prime location allows for easy access to local shops, restaurants, and stunning beaches, making it an appealing option for both personal retreats and investment potential. With a spacious layout, an inviting outdoor area for enjoying the Florida sunshine, and a strong sense of community in the neighborhood, this condo is a hidden gem waiting to be transformed into your dream home or a lucrative rental. Don't miss your chance to unlock the full potential of this charming Key West property!
Last Agent to Sell the Property
Robert Slack LLC License #698624 Listed on: 04/04/2025
Last Buyer's Agent
Letisia Powell
Century 21 Schwartz Realty (KW)
Property Details
Home Type
Condominium
Year Built
1908
Lot Details
7,492 Sq Ft Lot
Listing Details
- Property Type: Residential
- Style: Condo
- As Is Right To Inspect: Yes
- First Right of Refusal: Yes
- Association Approval Required: Yes
- Association Fee: 538.05
- Mandatory HOA: Yes
- Fee Includes: Sewer, Common Area Mnt, Building Insurance
- Key Island: Key West
- K W Neighborhood: Old Town-S of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets W Restrictions: 1 Pet Max 50 lbs
- Property Group I D: 19990816212109142258000000
- Sale Terms: Conventional
- Side: Median
- State Province: FL
- Taxes: 4029.38
- Title: Negotiable
- Year Built: 1908
- Alternate Key Number: 8927207
- Building Style: Ground Level
- Cooling Heating: Ductless
- Porch Balcony: Patio
- Association Maintenance Fee Per: Monthly
- Association Info Condo Docs: Yes
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 308.00
- Property Condition: Fixer Upper
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Condos
Interior Features
- Total Bathrooms: 1.00
- Full Bathrooms: 1
- Appliances: Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Dryer
- Total Bedrooms: 1
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Buyer to Verify
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: 0.2 PCT ANNUAL CHANC
- Parcel Number: 00032600-000106
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: With Restrictions
Tax Info
- Tax Year: 2024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
Aug 7, 2025
Sold by
Alfonso Raymond Charles and Roque Jennifer
Bought by
Kanzler Michael
Seller's Agent
Letisia Powell
Robert Slack LLC
Buyer's Agent
Letisia Powell
Century 21 Schwartz Realty (KW)
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%
Views
226
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,867
Avg. Annual Appreciation
1.95%
Original Mortgage
$280,500
Outstanding Balance
$279,760
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$55,107
Purchase Details
Closed on
Jun 15, 1999
Sold by
Viva Varela Associates Inc
Bought by
Alfonso Raymond C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.94%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kanzler Michael | $330,000 | None Listed On Document | |
| Alfonso Raymond C | $97,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kanzler Michael | $280,500 | |
| Previous Owner | Alfonso Raymond C | $87,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $330,000 | -17.3% | $1,071 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $399,000 | -- | $1,295 / Sq Ft |
Source: Key West Association 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 |
|---|---|---|---|---|
| 2025 | $4,029 | $386,310 | -- | $386,310 |
| 2024 | $3,481 | $431,155 | -- | $431,155 |
| 2023 | $3,481 | $360,438 | $0 | $360,438 |
| 2022 | $1,109 | $121,253 | $0 | $0 |
| 2021 | $1,103 | $117,722 | $0 | $117,722 |
| 2020 | $1,083 | $116,097 | $0 | $116,097 |
| 2019 | $1,062 | $113,487 | $0 | $113,487 |
| 2018 | $1,047 | $111,371 | $0 | $0 |
| 2017 | $1,036 | $109,081 | $0 | $0 |
| 2016 | $1,047 | $106,838 | $0 | $0 |
| 2015 | $1,069 | $106,095 | $0 | $0 |
| 2014 | $1,083 | $105,253 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Letisia Powell
Map
Source: Key West Association of REALTORS®
MLS Number: 614494
APN: 00032600-000106
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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