Skip To Content

400 South Street

Key West, FL 33040
  • $18,500,000
  • STATUS: Active
  • ON SITE: 250 Days
  • MLS #: 610694
UPDATED: 17 min ago
$18,500,000
  • 5
    BEDS
  • 1
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 4,008
    SQFT
  • $4,616
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1958
County:

School Ratings & Info

Description

LUXURY PROPERTY AUCTION: BID 21-31 MARCH. Listed for $18.5M. Starting Bids Expected Between $5M-$8M.Experience unparalleled luxury at 400 South Street, the true Southernmost private residence in the Continental United States. This iconic Key West estate, winter home to esteemed American artist, the late Seward Johnson and his wife, seamlessly blends timeless elegance with modern amenities. The expansive 4,008-square-foot concrete home, situated on a generous lot plus almost one acre of bay bottom, offers five bedrooms and five and a half bathrooms. Upon entering, the formal living room evokes the charm of the Hemingway era, leading to a sunlit Florida room with sliding glass doors that open to a vast outdoor oasis. The primary suite and two guest bedrooms are accessible via an elevator, each opening to a large balcony that provides panoramic views of the Atlantic Ocean. The property boasts a magnificent 50 x 20-foot pool and ample lounging areas, perfect for enjoying ocean breezes and observing local birdlife. With its unique location adjacent to the iconic Southernmost Point buoy and proximity to Key West's vibrant attractions, this estate offers an unparalleled living experience. Additionally, a coveted transient license allows for nightly rentals, presenting a prime investment opportunity or the option for a lavish private or corporate compound. Designated Multifamily (could accommodate up to 8 residential units) and located in the historic commercial tourist district, the possibilities are vast for a savvy investor. Part of the property needs complete renovation and the 1930 SF seawall requires partial restoration. THE Southernmost House is a rare gem in the United States! Due diligence package available upon bid registration.

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/152370706
Print Image

400 South Street Key West, FL 33040

  • Price: $18,500,000
  • Status: Active
  • On Site: 250 Days
  • Updated: 17 min ago
  • MLS #: 610694
5
Beds
5
Baths
1
½ Baths
1
Acres
4,008
SQFT
$4,616
$/SQFT
1958
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
01 - Key West
Property Description
LUXURY PROPERTY AUCTION: BID 21-31 MARCH. Listed for $18.5M. Starting Bids Expected Between $5M-$8M.Experience unparalleled luxury at 400 South Street, the true Southernmost private residence in the Continental United States. This iconic Key West estate, winter home to esteemed American artist, the late Seward Johnson and his wife, seamlessly blends timeless elegance with modern amenities. The expansive 4,008-square-foot concrete home, situated on a generous lot plus almost one acre of bay bottom, offers five bedrooms and five and a half bathrooms. Upon entering, the formal living room evokes the charm of the Hemingway era, leading to a sunlit Florida room with sliding glass doors that open to a vast outdoor oasis. The primary suite and two guest bedrooms are accessible via an elevator, each opening to a large balcony that provides panoramic views of the Atlantic Ocean. The property boasts a magnificent 50 x 20-foot pool and ample lounging areas, perfect for enjoying ocean breezes and observing local birdlife. With its unique location adjacent to the iconic Southernmost Point buoy and proximity to Key West's vibrant attractions, this estate offers an unparalleled living experience. Additionally, a coveted transient license allows for nightly rentals, presenting a prime investment opportunity or the option for a lavish private or corporate compound. Designated Multifamily (could accommodate up to 8 residential units) and located in the historic commercial tourist district, the possibilities are vast for a savvy investor. Part of the property needs complete renovation and the 1930 SF seawall requires partial restoration. THE Southernmost House is a rare gem in the United States! Due diligence package available upon bid registration.
Exterior Features

Above Flood No Building Style Split Level Construction CBSConcrete Dockage Dock Other Dockage Dock Permit Yes Dockage Seawall Concrete Exterior Features Fencing Land Size 1/4 - 1/2 Acre Pool Info In GroundConcrete Pool YN Yes Porch Balcony Open Porch/BalconyDeck Roof Metal Roof Shutters AccordionRoll Down Electric Side Ocean Stories 2 Stories Style Single Family Vehicle Storage GarageOff Street ParkingOpen Parking Vehicle Storage Cars 2 Waterfront OceanfrontOpen WaterGulf Front Waterfront YN Yes Waterview Ocean ViewOpen Water ViewBay/Gulf View

Interior Features

Appliances DishwasherStainless Steel Appliance(s)Gas AppliancesFreezerOvenRangeRefrigerator Cooling Heating Central AirCeiling Fans(s) Floor Combo Interior Features Cathedral CeilingsElevatorSky Light(s) Specialty Rooms Sun/Florida RoomOther Windows Doors Sliding Glass DoorsAluminum Windows

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Control Depth 3 Deed Restrictions Unknown Fee Includes None Flood Zone VEVE Key West Neighborhood Old Town-S of Truman Listing Board Key West Association Mile Marker 1.00 Neighborhood Features BeachBike Paths Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Sq Ft Source Tax Records Tax Exemptions Homestead Tax Year 2023 Taxes 37168.50 Transient License Yes Utilities FKAAPropaneMunicipal Sewer Zoning HCT - Historic Commercial Tourist

Listing courtesy of Ellen Gvili of Ocean Sotheby's International Realty: (305) 294-1117.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_610694-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_610694-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_610694-2.jpg
Logo
Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036