1111 Watson St Unit B Key West, FL 33040
Old Town NeighborhoodEstimated payment $8,312/month
About This Home
Secret Garden Cigar Maker's Cottage in Old Town 🌴
Tucked behind a private gate on a quiet section of Old Town in Key West, this enchanting 2-bedroom historic cottage invites you into a hidden world of tropical beauty, offering a rare blend of privacy, charm, and walkable island living--set in an X flood zone for added peace of mind.
Follow a palm-lined path into a lush, private garden oasis filled with orchids, vibrant blooms, and softly glowing evening light. The outdoor pavilion and private deck create an effortless indoor-outdoor lifestyle--complemented by a spa-inspired retreat space designed for open-air relaxation, cooling rinses, and tranquil moments under the palms. Perfect for relaxing, entertaining, or simply enjoying the Key West breeze.
Inside, vaulted ceilings, natural light, and original Cuban tile details reflect the home's 1890 cigar-maker heritage, while the updated kitchen features quartz countertops, stainless steel appliances, and garden views.
Enjoy the charm of a boutique six-cottage enclave with a shared heated pool and spa. The home offers both connection and quiet escape.
Just steps to Duval Street, the Historic Seaport, beaches, and beloved local spots -- leave the car behind and explore on foot or bike. Private. Lush. Magical. Effortlessly Pure Key West
Listing Agent
Keller Williams Key West Compass Realty License #3376731 Listed on: 02/06/2026
Home Details
Home Type
- Single Family
Year Built
- 1978
HOA Fees
- $292 per month
Interior Spaces
- Vaulted Ceiling
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,623 | $942,153 | $718,998 | $223,155 |
| 2024 | $5,612 | $875,710 | $658,451 | $217,259 |
| 2023 | $5,612 | $615,390 | $411,721 | $203,669 |
| 2022 | $5,543 | $617,487 | $411,721 | $205,766 |
| 2021 | $4,242 | $435,621 | $311,818 | $123,803 |
| 2020 | $4,242 | $437,455 | $310,304 | $127,151 |
| 2019 | $4,238 | $433,342 | $299,709 | $133,633 |
| 2018 | $4,456 | $449,010 | $310,304 | $138,706 |
| 2017 | $5,353 | $558,135 | $0 | $0 |
| 2016 | $5,320 | $551,947 | $0 | $0 |
| 2015 | -- | $523,561 | $0 | $0 |
| 2014 | -- | $428,752 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | Price Changed | $1,399,000 | -1.8% | $1,119 / Sq Ft | |
| 02/06/2026 02/06/26 | For Sale | $1,425,000 | +58.3% | $1,140 / Sq Ft | |
| 04/27/2022 04/27/22 | Sold | $900,000 | -5.2% | $829 / Sq Ft | View Prior Sale |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | $949,000 | +82.5% | $874 / Sq Ft | |
| 03/15/2017 03/15/17 | Sold | $520,000 | -12.6% | $480 / Sq Ft | View Prior Sale |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- | |
| 04/04/2016 04/04/16 | For Sale | $595,000 | -- | $549 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $900,000 | Richard M Klitenick Pa | |
| Warranty Deed | -- | Buhl Little Lynwood & Harris P | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $520,000 | First Internaional Title Inc | |
| Warranty Deed | $128,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $22,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $531,180 | VA |
Source: Key West Association of REALTORS®
MLS Number: 618516
APN: 00033540-000200
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Ask me questions while you tour the home.