About This Home

This 2-bedroom, 3-bathroom condo at 927 Thomas Street #1 in Key West, FL is listed for $1,133,000 ($1,008 per sqft). Built in 1908, the home offers 1,124 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1908
  • 0.09 acre lot

Property Details

2 full, 1 half
#1
1908

Amenities

ViewA/C
Listing Description

Your Old Town Key West dream can start now -- with income built in. This exceptional 2-bedroom, 2.5-bath, townhouse-style condo offers a rare combination of Old Town lifestyle, flexible living space, and income-producing potential. Currently configured with a lock-off 1-bedroom apartment, the property offers an ideal opportunity for the future Key

West homeowner: enjoy the larger 1 Bedroom, 1.5 Bath unit with private garden/patio as your own Key West retreat while the lock-off apartment provides substantial annual rental income. When the time comes to make Key West your full-time home, the property can be easily converted back to its original spacious 2-bedroom townhouse-style layout.

A private gated entry opens to your own generous outdoor oasis, complete with a waterfall pond, large patio, and charming ''she-shed'' -- perfect for storage, an art studio, or entertaining. Inside, you'll find high ceilings, abundant natural light, generous storage, in-unit washer/dryers, and newer stainless-steel appliances.

Just two blocks from Duval Street in the heart of Old Town's vibrant Bahama Village, you're surrounded by restaurants, galleries, shops, nightlife, and countless Key West attractions -- all within easy walking distance. Whether you're ready for a Key West home now or envision making the island your full-time home in the future, this is a rare oppor

tunity to own your piece of Old Town, enjoy income along the way, and ultimately create the spacious Key West home you've been dreaming of. Some seller financing considered. Seller is a Florida Licensed Realtor. Photos 10-17 show Original Layout, 18=FloorPlan, 19-37 show Back Unit, 38-49 show Front Lock-Off Apt.

Monthly Cost Estimate

$6,840/mo

20% down · 6.5% · 30 years

Principal$819
Interest$4,910
Insurance$330
HOA$780

Estimates only. Actual payments may vary.

Location

927 Thomas Street #1

Key West, FL 33040

Old Town - Unlisted (1.0)

Features & Amenities

Interior Features

Cathedral CeilingsSplit BedroomPantryEntrance FoyerBuilt-in CabinetsFire SprinklerStorageBar

Exterior Features

Rain GuttersShedStorageWater Display

Property Details

Flooring

TileLaminateWood

Construction

CBS Frame Combo Construction

Views

Water

Outdoor Features

PatioPorch

Cooling

Central AirWindow Unit(s)Wall/Window Unit(s)

Appliances

WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveGas AppliancesStainless Steel Appliance(s)

Questions & Answers

This 2-bedroom, 3-bathroom condo at 927 Thomas Street is listed at $1,133,000 ($1,008/sqft). The estimated monthly payment is $6,839 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $780/month.

Key features include: Built in 1908, 0.09 acre lot. Interior Features: Cathedral Ceilings, Split Bedroom, Pantry. Exterior Features: Rain Gutters, Shed, Storage.

This property is listed by Michelle Blades.

MB

Michelle Blades

Agent at Realty Executives Florida Keys Old Town

Listed by Realty Executives Florida Keys Old Town · Broker phone: 3053944750 · View on Broker Site

MLS# 621479· Source: Key West Association of Realtors· 27 days on PropertySimple

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.

927 Thomas Street #1, Key West, FL 33040

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