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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$2,060,000
1116 Varela Street
Key West, FL 33040
MLS# 604200
Status: Closed
3 beds  |  3 baths  |  1438 sqft


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Property Description
Stunning Old Town home with guest cottage, large pool and two off street parking spots. Completely redone from top to bottom in 2017, this gorgeous home has soaring vaulted ceilings, chef style kitchen with pass through to BBQ and outdoor dining. Impact windows and doors throughout this X flood zone home keep your insurances low with minimum maintenance and central a/c in main home and ductless in the cottage both with remote a/c system controls. Cottage has loft sleeping space as well as a custom murphy bed for additional guests. Every detail has been addressed in this beautiful turnkey home.

Details
Maps
Contract Information
Current Price: $2,060,000
Listing Date: 2023-02-15
Listing Board: Key West Association
Leased Price Monthly: $2,060,000
Location, Tax & Legal
Street #: 1116
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: Yes
Year Built: 1943
Lot SqFt: 3807
Acres: 0.09
Living Apx SqFt: 1438
SqFt Source: Builder/Architect
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Yes
Vehicle Storage
Car(s): 2
Pool Info
Heated: Yes
Dimensions: 14 X 18
Status Change Info
Under Contract Date: 2023-02-18
Leased Date: 2023-04-14
Leased Price Monthly: $2,060,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Quartz Countertops; Sky Light(s); Smoke Alarms; Storage
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Lighting; Shed; Sprinkler System; Storage
Pool Info: In Ground
Construction: Frame
Floor: Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre

Listing Office: Truman & Co. (KW)

Last Updated: December - 30 - 2025

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)