1115 Varela Street
Key West, FL 33040
- 3 beds
- 2 baths
- 1,513 sqft
- 2,324 sqft lot
- $647 per sqft
- 1948 build
- – on site
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!
Last checked:
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Last updated Mar 15, 2025
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MLS# 614191 —
The Building
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Year Built:1948
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Construction:Frame
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Style:Single Family
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Building Style:A-Frame
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Exterior Features:Fencing, Shed
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Windows/Doors:Jalousie Windows, Awning Windows, Sliding Glass Doors
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Roof:Metal Roof
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Shutters:Clam Shell
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Porch/Balcony:Open Porch/Balcony
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Accessibility Features:Parking
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Security:No Security
Interior
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Specialty Rooms:Utility Room, Workshop
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Furnished:Unfurnished
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Interior Features:Pantry, Storage
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Floor:Vinyl
Financial & Terms
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Terms:Cash, Conventional
Location
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Directions:From United Street, turn on Varela Street. Property is on the right side.
The Property
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Parcel #:00032880-000000
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Property Condition:Fixer Upper
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Total Lots:1.00
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Lot SqFt:2324.00
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Lot Dimensions:21 X 111
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Acres:0.05
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:HMDR - Historic Medium Density Residential
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Waterfront:No
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Waterview:No Waterview
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Flood Zone:0.2 PCT ANNUAL CHANC
Listing Agent
- Contact info:
- Agent phone:
- (305) 923-5124
- Office phone:
- (305) 292-0020
Taxes
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Tax Year:2024
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Taxes:1088.32
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Tax Exemptions:None
Beds
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Total Bedrooms:3
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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UnBranded Virtual Tour:http://tours.keyspropertyvisuals.com/vtnb/354305
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Bank Owned:No
Heating & Cooling
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Cooling:Wall/Window Unit(s), Ceiling Fans(s)
Utilities
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Utilities:FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Dishwasher, Range, Refrigerator
The Community
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Subdivision:Gwynn Sub (1.0)
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Dockage:None
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Parking
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Vehicle Storage:Off Street Parking
Monthly cost estimate
Asking price
$979,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,242
|
| Taxes | $90 |
| Insurance | $269 |
| Utilities | $183 See report |
| Total | $5,784/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/15/25
Mar 15, 2025
|
Listed / Active | FLKMLS | $979,000 |
