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1016 Varela Street #Rear, 
Key West, FL 33040

$1,175,000


3

Beds


3

Baths


1,306

Sq Ft


Single Family

Active

Listed by

Suzanne M Moore

Suzanne Moore Real Estate

Last updated:

June 4, 2026, 06:43 PM

MLS#

619952

Source:

FL FKBOR

About This Home

1016 Varela Street #Rear

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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1924

Price Summary

1,175,000

$899 per Sq. Ft.

MLS #:

619952

Last Updated:

June 4, 2026, 06:43 PM

Added:

19 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3


Structure

Structure

Building Area:

1,306 Sq. Ft.

Year Built:

1924


Lot

Lot Size (Sq. Ft):

2,218


Finances & Disclosures

Finances

Price:

$1,175,000

Price per Sq. Ft:

$899 per Sq. Ft.

Source:FL FKBOR
The information being provided by Florida Keys Board Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Florida Keys Board Of REALTORS®, Inc. All rights reserved. FL FKBOR Member Broker: Brian Schmitt

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.