NOT LISTED FOR SALE

1208 Varela St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $995,000 - $1,101,713

1 Bed
2 Baths
1,111 Sq Ft
$931/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2025

Last sale price $910,000 $819 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,212 / mo

284 Days on Market

Highlights

  • Heated In Ground Pool
  • Key West Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of April 2025

This well maintained one bedroom plus loft home is located in the popular and conveniently located Varela St. compound in Old Town. The compound consists of 6 houses which share a common pool. This home with a private entrance has cathedral ceilings in the living and dining room with French doors that exit to the fenced deck area at the rear of the property. The 20x20 second floor loft is suitable as a second bedroom or office space and overlooks the spacious living area. The galley kitchen also opens to the living and dining area. There is a full second guest bathroom and a recently remodeled private bath for the expansive bedroom. This well cared for home would make a very comfortable primary residence or easy care second home .

Last Agent to Sell the Property

Mitzi Krabill

Truman & Co. (KW) License #402460 Listed on: 06/14/2024

Last Buyer's Agent

Francesca Santiago

Keller Williams Realty Professionals (KW) License #3390235

Keller Williams Realty Professionals (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 1942 | Remodeled

Lot Details

  • 1,887 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,111 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deck

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00033190-000300

Community Details

Overview

  • Association fees include common area mnt
  • Gwynn Sub Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,269

Year Built

Built in 1942 | Remodeled

Lot Details

1,887 Sq Ft Lot

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 300.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3269.04
  • Title: Negotiable
  • Year Built: 1942
  • Alternate Key Number: 8634421
  • Building Style: Conch
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 1887.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1111.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Walk-in Closet(s), Sky Light(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Other
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00033190-000300
  • Lot Size: 25.5x 74
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Apr 8, 2025
Sold by
Bought by
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Francesca Santiago
Keller Williams Realty Professionals (KW)
List Price
$1,100,000
Sold Price
$910,000
Premium/Discount to List
-$190,000
-17.27%
Views
59
Current Estimated Value
$1,033,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,904
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.0425%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1993
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1992
Bought by

Purchase Details

Closed on
May 1, 1985
Bought by

Purchase Details

Closed on
Dec 1, 1982
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$910,000 None Listed On Document
$452,300 Chicago Title Of The Fl Keys
$315,000 --
$160,000 --
$162,500 --
$120,000 --
$103,000 --
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
Previous Owner $360,000
Previous Owner $259,000
Previous Owner $60,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Sold $910,000 -8.5% $819 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $995,000 -5.2% $896 / Sq Ft
12/13/2024 12/13/24 Price Changed $1,050,000 -4.5% $945 / Sq Ft
06/14/2024 06/14/24 For Sale $1,100,000 -- $990 / Sq Ft
Source: Key West Association of REALTORS®

Tax 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.

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 $3,332 $1,103,688 $914,252 $189,436
2024 $3,269 $387,774
2023 $3,269 $376,480 $0 $0
2022 $3,125 $365,515 $0 $0
2021 $3,180 $354,869 $0 $0
2020 $3,125 $349,970 $0 $0
2019 $3,077 $342,102 $0 $0
2018 $3,069 $335,724 $0 $0
2017 $3,052 $328,819 $0 $0
2016 $3,141 $322,327 $0 $0
2015 $3,168 $316,626 $0 $0
2014 $3,254 $314,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitzi Krabill

    Seller's Agent in 2025

    Mitzi Krabill

    Truman & Co. (KW)

    (305) 304-2629

    11 in this area

    21 Total Sales

    Mitzi Krabill
    Section Image
  • Francesca Santiago

    Buyer's Agent in 2025

    Francesca Santiago

    Keller Williams Realty Professionals (KW)

    (305) 587-1516

    2 in this area

    20 Total Sales

    Francesca Santiago
    Section Image

  • F

    Buyer's Agent in 2025

    Francesca Santiago Chavez

    Keller Williams Key West Compass Realty

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 610430

Key West Association of REALTORS®

APN: 00033190-000300

Florida Monroe County Key West 33040 Old Town

1208 Varela St, Key West, FL

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.

Key West Association of REALTORS® 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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