# 1016 Varela Street, Key West, FL 33040

> **TL;DR:** 3bd/3ba single family, $1,185,000 ($907/sqft), built 1924, 1,306 sqft.
> View, A/C. Est. $5,135/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,185,000 |
| Price/sqft | $907 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 1,306 |
| Year Built | 1924 |
| Lot Size | 1,307 sqft (0.03 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 14 |

## Why This Home Stands Out

- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,135 |
| **Total** | **$5,135** |

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1924
- 0.03 acre lot
- 2 stories

## Description

### Agent Description
Tucked quietly behind neighboring homes in the heart of Key West, 1016 Varela St. Rear offers privacy, flexibility and an exceptional walkable lifestyle. From this convenient location, you can easily walk to beaches, restaurants, coffee shops and the local grocery store, allowing you to enjoy the best of Key West without a car. Originally built in the early 1920's this historic home has been thoughtfully renovated, with the most recent renovations in 2024, blending the historic character with modern updates throughout. Interior features an updated kitchen with smart appliances, new updated bathrooms and beautiful hardwood floors, creating a comfortable and move-in ready space. Impact windows and doors provide both storm protection and excellent sound insulation. The property is accessed by a walkway that leads past neighboring homes, creating a quiet and private setting, that feels tucked away from the street while still being close to everything Old Town has to offer. A welcoming front porch provides a peaceful place to relax, while the backyard offers space for a future pool, storage and lots of warm Key West sunshine. A separate second-Floor apartment mother in law Suite provides additional flexibility, ideal for visiting family, adult children or potential rental income while maintaining privacy between living spaces. The apartment can be accessed by a second property entrance via Watson Lane ideal if using as a rental. For those that qualify, this property offers an assumable VA mortgage at very competitive rates. 1016 Varela St. Rear offers that rare combination of historic charm, modern updates and a location that truly captures the convenience of Old Town living.

## Location

- **Address:** 1016 Varela Street, Key West, FL 33040
- **County:** Monroe
- **Neighborhood:** Old Town - Unrecord (1.0)
- **Coordinates:** 24.555074, -81.79161
- **Google Maps:** https://www.google.com/maps?q=24.555074,-81.79161

## Listing Agent

- **Name:** Suzanne M Moore
- **Brokerage:** Suzanne Moore Real Estate
- **Phone:** 3057970699
- **Email:** suzanne@suzannemoore.com

## Primary Photo

![1016 Varela Street - Primary Photo](http://lh.rdcpix.com/a219de37e6af1767e49546b90ff9df06l-f1518197267r.jpg)

*48 total photos available on [listing page](https://www.propertysimple.com/listing/1016-varela-street-key-west-fl-33040-l619952)*

---

**MLS#:** 619952 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1016-varela-street-key-west-fl-33040-l619952)

---

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