1016 Varela Street, Key West, FL 33040

$1,325,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1,000 Lot Size (sq. ft.): 1,610 Status: Closed
Current Price: $1,325,000 List Date: 11/19/2021 Last Modified: 12/17/2025

Description

An Architectural Digest worthy 1 bedroom, 1 bath home with oversized sleeping/office loft. Absolutely nothing has been overlooked with meticulous attention to detail in every capacity, complete with solid Epay interior floors and mahogany trim. The show stopping kitchen includes custom cabinets, Water Works brand fixtures, large copper sink basin, and Café brand stainless steel appliances. The original Dade County Pine has been revived from the floor to the 10ft ceilings. Custom built plantation shutters are installed on every window. A custom designed stairwell leads up to the 200 SF loft which overlooks the intricate detail of the unique cathedral ceiling and exposed beams. Each piece of tin was customized to have the aged appearance of rust without actually being rust. The large bathroom features Water Works fixtures, meticulous tile and a Maytag washer & dryer. The backyard will become your very own intimate tropical oasis with a lanai, fountain, and tropical landscaping. This home is above base flood on Varela St. centrally located in the heart of old town blocks from Duval St., famous restaurants and galleries. If you are looking for your ideal move-in ready home, take a look at 1016 Varela St. This home is perfect for the couple who is ready to downsize and experience the best of Key West or use as your vacation rental.

More Information MLS# 597427

Contract Information

Current Price: $1,325,000 Listing Date: 2021-08-22 Listing Board: Key West Association Sold Price: $1,325,000 As is Rght to Inspct: Yes Bank Owned: No

Location Tax Legal

Street #: 1016 Street Name: Varela Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Gwynn Sub (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: No Year Built: 1938 Total Units: 1 Lot SqFt: 1610 Living Apx SqFt: 1000 SqFt Source: Seller Total Bedrooms: 1 Full Baths: 1 Total Baths: 1 Rentals Allowed: With Restrictions

Status Change Info

Sold Date: 2021-12-15 Sold Price: $1,325,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes

Building Style

Above Flood: Yes

Financial Status

Bank Owned: No Standard Sale: No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: A-Frame; Conch Furnished: Partially Cooling: Ductless Utilities: FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Dade County Pine; Granite Counter Top; Security System; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dryer; Microwave; Refrigerator; Stainless Steel Appliance(s) Exterior Features: Fencing; Lanai Construction: Frame Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Keys Atlantic Realty
Last Updated: December - 17 - 2025
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