$399,000

1014 Varela St Unit 3 Key West, FL 33040

$4,738
Closing credit¹
1 bed
1 full
308 sqft
$1,295 / sqft
Condo

Property details

About 1014 Varela St Unit 3

Discover a unique opportunity to own a cozy 1-bedroom, 1-bath condominium ideally situated near vibrant downtown Key West, offering the perfect canvas for those with a vision to rejuvenate. While the property may need some TLC, its prime location allows for easy access to local shops, restaurants, and stunning beaches, making it an appealing option for both personal retreats and investment potential. With a spacious layout, an inviting outdoor area for enjoying the Florida sunshine, and a strong sense of community in the neighborhood, this condo is a hidden gem waiting to be transformed into your dream home or a lucrative rental. Don't miss your chance to unlock the full potential of this charming Key West property!

Highlights

Home typeCondominium
StatusActive
Size308 sqft
Year built1908
MLS #614494

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Total Bedroom Count: 1
  • Architectural Style: Condo
  • List Price: $399,000
  • Price/SqFt: $1,295
  • HOA Amount: $538 Monthly
  • Year Built: 1908
  • Living Area: 308 SqFt
  • MLS Number: 614494
  • MLS Name: KeyWest
  • Office Name: Robert Slack LLC
  • Office Phone: (352) 363-6982
  • Listing Agent: Letisia Powell

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 2:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1014 Varela St Unit 3, Key West, FL 33040 - exterior space

$399,000

1014 Varela St Unit 3

$4,738

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

6

Poinciana Elementary School

Public District PK-5

1.7 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.4 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.2 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,929. Most Key West, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

28%
<35k
48%
35k-100k
17%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
6%
Single, with Kids
18%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
26%
18-34 yrs old
51%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1014 Varela St Unit 3

The listing price of 1014 Varela St Unit 3 property is $399,000.

The property 1014 Varela St Unit 3 is a condo located in Key West, Florida, 33040.

Active Listing: 1014 Varela St Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1014 Varela St Unit 3 are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), May Sands Montessori School (GreatSchools Rating 5/10), Horace O'Bryant School (GreatSchools Rating 3/10), Sigsbee Charter School (GreatSchools Rating 7/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10).

The property at 1014 Varela St Unit 3 has 1 bedroom and 1 bathroom.

The property 1014 Varela St Unit 3 is 308 SqFt (source: MLS/tax record).

The year of construction for 1014 Varela St Unit 3 is 1908.

This home is located at 1014 Varela St Unit 3 in Key West, FL and zip code 33040. This 308 square foot home was built in 1908. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $399,000.

In April 2025, from all listings sold in Key West, FL there were more than 4 sold above asking price, over 40 sold below and more than 8 were sold right at the asked price. Between March and April 2025, Key West, FL real estate market has seen increase in the number of listings by 5.1%. The median list price of listings available in April 2025 was $1,100,000, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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