Priced to Sell in Old Town! Tucked away on a quiet lane, this

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Home For Sale

1022 Watson Lane

Key West, Florida 33040

Monroe County Water View: Yes

Community: Gwynn Sub (1)

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$950,000 3 br, 3.0 bath 968 sq. ft. 0.040 acres

Priced to Sell in Old Town! Tucked away on a quiet lane, this versatile Key West home offers unbeatable value and rare features including the only home in Old Town with a private pool under $1M.The main living space upstairs includes 1 bedroom, 1 bathroom, a full kitchen, dining room, and living room, all with a comfortable layout and great potential for easy modern updates to match your style. Step outside to enjoy your private deck, balcony, and inviting pool, perfect for relaxing or entertaining.Downstairs, a separate lock-out unit provides excellent flexibility with 2 bedrooms, 1.5 baths, and its own private entrance, ideal for guests or extended family.Additional highlights include a garage, a highly sought-after feature in Old Town, and an X flood zone location, meaning no flood insurance is required in most cases.With its rare amenities, flexible layout, quiet setting, and opportunity to add your personal touch, this property is a standout find. Create your ideal Old Town retreat or income-producing getaway!

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 968
  • Year Built: 1934
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: Garage
Exterior:
  • Lot Size: 0.040 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Frame
  • Roof: 
  • Property Taxes: $3,592
  • MLS #: 617812
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Contact Information:
Beach Home For Sale in Key West, Florida
Listing Agent: Nick Norman, Island Life Realty Experts, 657-730-8963, 305-766-0585 Listing Site, Listing Status: Active
Copyright © 2025 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.
Ad Number: 7018473
Viewed 16 times.
Updated: Feb 05, 2026

This property is a Home located at 1022 Watson Lane, Key West, Florida 33040, and is currently For Sale at $950,000. This Home has 3 bedrooms, 3.0 baths, 968 sq ft.