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720D Simonton Street

Key West, FL 33040
  • $4,990,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 618363
UPDATED: 111 min ago
$4,990,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,441
    SQFT
  • $2,044
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2008
County:

School Ratings & Info

Description

KEY WEST'S UNLIKELY SANCTUARY | DUAL TRANSIENT LICENSES While most Old Town properties embrace tropical pastels and wooden shutters, this exceptional compound stands as a bold architectural departure. With its striking modern aesthetic, raw concrete elements, and serene private courtyard, this is where minimalist design meets maximum investment potential, just one block from Duval Street. | THE COMPOUND | Built in 2008 on a generous 5,220sf lot, this 2,441sf property features two distinct units, a front house and back house, connected by a heated pool oasis. Four bedrooms, four full baths, soaring two-story ceilings, and thoughtfully curated interiors showcase warm mid-century touches against clean architectural lines. Wood and tile floors, built-in cabinetry, walk-in closets, and abundant natural light through expansive glass doors create spaces that are both meditative and functional. | THE SANCTUARY | High privacy walls enclose a tranquil pool courtyard with tropical landscaping, outdoor shower, and ample off-street parking. Electric gate entry ensures complete seclusion while downtown's energy pulses just steps away. | THE OPPORTUNITY | Two active transient rental licenses with 1-day minimum stays unlock exceptional income in Key West's most sought-after location. The property's distinctive design aesthetic attracts discerning guests seeking something different, proven by outstanding reviews and strong rental performance. HNC zoning supports flexible commercial use, while X flood zone designation offers insurance advantages. | THE LOCATION | Heart of Old Town, steps from Duval's legendary dining, nightlife, galleries, and waterfront. Close enough to all the action, far enough from the noise. This is investment-grade real estate with soul, where architectural distinction drives premium rates and occupancy.

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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/172536061
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720D Simonton Street Key West, FL 33040

  • Price: $4,990,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 111 min ago
  • MLS #: 618363
4
Beds
4
Baths
0
½ Baths
0.12
Acres
2,441
SQFT
$2,044
$/SQFT
2008
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
KEY WEST'S UNLIKELY SANCTUARY | DUAL TRANSIENT LICENSES While most Old Town properties embrace tropical pastels and wooden shutters, this exceptional compound stands as a bold architectural departure. With its striking modern aesthetic, raw concrete elements, and serene private courtyard, this is where minimalist design meets maximum investment potential, just one block from Duval Street. | THE COMPOUND | Built in 2008 on a generous 5,220sf lot, this 2,441sf property features two distinct units, a front house and back house, connected by a heated pool oasis. Four bedrooms, four full baths, soaring two-story ceilings, and thoughtfully curated interiors showcase warm mid-century touches against clean architectural lines. Wood and tile floors, built-in cabinetry, walk-in closets, and abundant natural light through expansive glass doors create spaces that are both meditative and functional. | THE SANCTUARY | High privacy walls enclose a tranquil pool courtyard with tropical landscaping, outdoor shower, and ample off-street parking. Electric gate entry ensures complete seclusion while downtown's energy pulses just steps away. | THE OPPORTUNITY | Two active transient rental licenses with 1-day minimum stays unlock exceptional income in Key West's most sought-after location. The property's distinctive design aesthetic attracts discerning guests seeking something different, proven by outstanding reviews and strong rental performance. HNC zoning supports flexible commercial use, while X flood zone designation offers insurance advantages. | THE LOCATION | Heart of Old Town, steps from Duval's legendary dining, nightlife, galleries, and waterfront. Close enough to all the action, far enough from the noise. This is investment-grade real estate with soul, where architectural distinction drives premium rates and occupancy.
Exterior Features

Above Flood Unknown Construction CBSCombo ConstructionConcrete Dockage None Exterior Features Detached Guest QtrsWater DisplayStoragePrivacy Wall/FenceOutdoor ShowerLighting Land Size Less Than 1/4 Acre Pool Info In GroundConcrete Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/BalconyPatio Roof Metal Roof Side Median Stories 2 Stories Style Single Family Vehicle Storage Off Street Parking Vehicle Storage Cars 2 Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherWine CoolerFreezerMicrowaveRangeRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor TileWood Guest Servant Quarters Legal Interior Features Drapes/Blinds InclWindow TreatmentsWalk-in Closet(s)StorageBuilt-in CabinetsPantry Windows Doors Glass DoorsAluminum WindowsSliding Glass Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Condition Updated/Remodeled Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone X FLOOD ZONE Key West Neighborhood Old Town-N of Truman Listing Board Key West Association Mile Marker 1.00 Min Rental Days 1.00 Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Security Electric Gate Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2025 Taxes 31381.00 Terms CashConventional Transient License Yes Utilities FKAABuyer to VerifyMunicipal Sewer Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of The Spottswood Team of Truman & Co. (KW): (305) 292-2244.


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.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036