Captains House Condo Building
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927 Thomas Street STREET #1

KEY WEST, FL 33040
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$1,169,000 $4,928/Mo
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Bed 2

Bed

Bath 3

Bath

SqFt1,124

Sqft

Your Old Town Key West dream can start now -- with income built in. This exceptional 2-bedroom, 2.5-bath, townhouse-style condo offers a rare combination of Old Town lifestyle, flexible living space, and income-producing potential.Currently configured with a lock-off 1-bedroom apartment, the property offers an ideal opportunity for the future Key West homeowner: enjoy the larger 1 Bedroom, 1.5 Bath unit with private garden/patio as your own Key West retreat while the lock-off apartment provides substantial annual rental income. When the time comes to make Key West your full-time home, the property can be easily converted back to its original spacious 2-bedroom townhouse-style layout.A private gated entry opens to your own generous outdoor oasis, complete with a waterfall pond, large patio, and charming ''she-shed'' -- perfect for storage, an art studio, or entertaining. Inside, you'll find high ceilings, abundant natural light, generous storage, in-unit washer/dryers, and newer stainless-steel appliances.Just two blocks from Duval Street in the heart of Old Town's vibrant Bahama Village, you're surrounded by restaurants, galleries, shops, nightlife, and countless Key West attractions -- all within easy walking distance.Whether you're ready for a Key West home now or envision making the island your full-time home in the future, this is a rare opportunity to own your piece of Old Town, enjoy income along the way, and ultimately create the spacious Key West home you've been dreaming of.Some seller financing considered. Seller is a Florida Licensed Realtor.Photos 10-17 show Original Layout, 18=FloorPlan, 19-37 show Back Unit, 38-49 show Front Lock-Off Apt.

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Detail Ic Property Details

Property Type : Residential - Condo/Townhouse

Price : $1,169,000

AD Id : 91611145

MLS Id : 621479

Beds : 2

Living Area Size : 1,124 Sq. Ft

Tax Amount : $8,407

Year Built : 1908

Garage : 1.00

County : Monroe

Subdivision: Old Town - Unlisted (1.0)

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

  • Interior Features

    Drapes/Blinds Incl,Bar,Built-in Cabinets,Storage,Fire Sprinkler,Entrance Foyer,Pantry,Split Bedroom,Cathedral Ceilings Appliances: Washer,Stainless Steel Appliance(s),Gas Appliances,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer

  • Roofing Information

    Metal Roof,Other Roof,Combo Roof

    Flooring Information

    Tile,Laminate,Wood

    Heating & Cooling

    Cooling: Central Air,Wall/Window Unit(s) Water Front: No None No Waterview

    Window Information

    Window Treatments: French Doors,Impact Rstnce Doors

  • Building Information

    Year Built: 1908 Total Floors: 1 Total Units: 5.00 Floor Location: 3718 Construction: CBS,Combo Construction,Frame Roof: Metal Roof,Other Roof,Combo Roof

  • Exterior Features

    Rain Gutters,Water Display,Storage,Shed

  • Lot Information

    Lot SqFt: 3,718 UNIT 1 - THE CAPTAIN'S HOUSE CONDOMINIUM OR3258-2038DEC OR3327-2122AMD OR3361-1006

  • Property Information

    SQ ft (Living Area): 1,124 View: No Waterview Subdivision: Old Town - Unlisted (1.0) Stories: 3 Stories

  • Listing Price Information

    List Price: $1,169,000

  • Listing Information

    Seller Finance Psble,Conventional,Cash

  • Tax Information

    Taxes: $8,407 Tax Year: 2025 Tax Exemptions: None

  • Multi-Unit Information

    Restrict: YES

  • Homeowners Association Information

    Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $780.00 Assoc/Mnt Fee Per: Monthly

  • Utility Information

    FKAA,Propane,Cable Available,Elect Separate Meter,Municipal Sewer,Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
68 Merganser Lane LANE, Key West, FL, 33040 $648,900 2 2 780 --
62 Merganser Lane LANE, Key West, FL, 33040 $669,000 2 2 780 --
48 Merganser Lane LANE, Key West, FL, 33040 $619,000 2 2 780 --
25 Kingfisher Lane LANE, Key West, FL, 33040 $750,000 2 3 900 --
30 Kingfisher Lane LANE, Key West, FL, 33040 $649,000 2 2 780 --
34 Golf Club Drive DRIVE, Key West, FL, 33040 $839,900 3 2 1,320 --
20 Kingfisher Lane LANE, Key West, FL, 33040 $1,060,000 3 3 1,320 --
81 Golf Club Drive DRIVE, Key West, FL, 33040 $599,000 2 2 780 --
101 Golf Club Drive DRIVE, Key West, FL, 33040 $649,999 2 2 900 --
123 Golf Club Drive DRIVE, Key West, FL, 33040 $669,000 2 2 780 --

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ByOwner last updated this listing 10/02/2026 @ 00:33

MLS: 621479 LISTED BY: Michelle Blades , Realty Executives Florida Keys Old Town 305-394-4750 SOURCE: Florida Keys MLS, Inc.

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