🌴 Secret Garden Cottage in the Heart of Old Town 🌴Tucked inside a quiet, gated enclave on Watson Street, this charming 2-bedroom, 1-bath cottage offers a rare blend of serenity and walkable Key West living. Grocery stores, favorite restaurants, Bayview Park, Higgs Beach, the Historic Seaport, and Duval Street are all nearby--most days you can bike or walk everywhere and barely use your car.Enter through the gate and follow a palm-lined brick path to a shared secret garden oasis, surrounded by lush landscaping, orchids, colorful blooms, and tranquil water features. By night, the softly lit pathways transform the property into a peaceful, magical retreat.Inside, the home feels like a warm embrace--cozy yet spacious, intimate yet open. Vaulted open-beam ceilings and natural light enhance the inviting living space, while the updated kitchen features quartz countertops, stainless steel appliances, custom cabinetry, and a sunny nook overlooking the pool and gardens. The bathroom retains its classic charm, adding to the cottage's authentic island character.Enjoy easy living with a private patio, keyless touchpad entry, a quiet setting and a sense of community that often turns neighbors into friends. The shared heated pool and spa invite impromptu happy hours--or quiet relaxation. Join in or keep to yourself. This is Key West living at its most effortless.A hidden gem that is truly unexpected, in a secluded tropical oasis. Your secret escape. Come see it for yourself.
For sale
$1,425,000
1111 Watson St APT B, Key West, FL 33040
2beds
1,250sqft
Est.:
Single Family Residence
Built in 1978
1,742.4 Square Feet Lot
$1,328,600 Zestimate®
$1,140/sqft
$292/mo HOA
What's special
- 24 days |
- 1,504 |
- 68 |
Zillow last checked: 8 hours ago
Listing updated: February 25, 2026 at 04:44am
Listed by:
Juan Alberto Benitez 305-587-9230,
Keller Williams Key West Compass Realty
Source: FLKMLS,MLS#: 618516
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Ceiling Fans(s), Ductless
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Dishwasher, Dryer
Features
- Quartz Countertops, Dade County Pine, Built-in Cabinets, Cathedral Ceiling(s)
- Flooring: Tile, Laminate
- Doors: Sliding Glass Doors, Impact Rstnce Doors
- Windows: Drapes/Blinds Incl, Skylight(s), Impact Rstnce Window, Other
Interior area
- Total interior livable area: 1,250 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked
- Has spa: Yes
- Spa features: Private
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 1,742.4 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00033540000200
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cigar Maker
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Gwynn Sub (1.0)
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $292 monthly
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,140/sqft
- Tax assessed value: $942,153
- Annual tax amount: $7,271
- Date on market: 2/6/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,328,600
$1.26M - $1.40M
$3,910/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $1,425,000+58.3%$1,140/sqft |
Source: | ||
| 8/17/2025 | Listing removed | $7,250$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2025 | Listed for rent | $7,250$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2025 | Listing removed | $7,250$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2025 | Listed for rent | $7,250$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/27/2022 | Sold | $900,000-5.2%$720/sqft |
Source: | ||
| 3/21/2022 | Contingent | $949,000$759/sqft |
Source: | ||
| 3/3/2022 | Listed for sale | $949,000+30.2%$759/sqft |
Source: | ||
| 3/15/2021 | Listing removed | -- |
Source: | ||
| 2/1/2021 | Price change | $729,000-2.7%$583/sqft |
Source: | ||
| 9/9/2020 | Price change | $749,000-1.3%$599/sqft |
Source: Keller Williams Key West Compass Realty #591229 Report a problem | ||
| 6/13/2020 | Listed for sale | $759,000+46%$607/sqft |
Source: Keller Williams Key West Compass Realty #591229 Report a problem | ||
| 3/15/2017 | Sold | $520,000$416/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,271 +9.8% | $744,622 +10% |
| 2024 | $6,623 +18% | $676,929 +10% |
| 2023 | $5,612 +1.3% | $615,390 -0.3% |
| 2022 | $5,543 +30.7% | $617,487 +41.7% |
| 2021 | $4,242 +0% | $435,621 -0.4% |
| 2020 | $4,242 | $437,455 +0.9% |
| 2019 | $4,242 +0.1% | $433,342 -3.5% |
| 2018 | $4,238 -4.9% | $449,010 -19.6% |
| 2017 | $4,456 -16.8% | $558,135 +1.1% |
| 2016 | $5,353 | $551,947 +5.4% |
| 2015 | -- | $523,561 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,177/mo
Principal & interest
$6911
Property taxes
$974
HOA Fees
$292
Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.4 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 0.9 mi



