723 Eaton St

4,094 Sq. Ft.
$1,453 / Sq. Ft.
4,094
Sq. Ft.
$1,453
per Sq. Ft.

Description

Private Old Town property with built-in income and exceptional flexibility. Ideally located near the Historic Seaport and Fausto's, this three-residence property is currently configured with two leased units generating immediate income and a separate 3-bedroom owner's residence with pool. The rear owners unit offers 3 bedrooms and 3.5 baths with direct access to the tropical courtyard pool, while the upper 2-bedroom, 2.5-bath apartment and elegant Eaton Street facing 1-bedroom, 1-bath cottage provide...Private Old Town property with built-in income and exceptional flexibility. Ideally located near the Historic Seaport and Fausto's, this three-residence property is currently configured with two leased units generating immediate income and a separate 3-bedroom owner's residence with pool. The rear owners unit offers 3 bedrooms and 3.5 baths with direct access to the tropical courtyard pool, while the upper 2-bedroom, 2.5-bath apartment and elegant Eaton Street facing 1-bedroom, 1-bath cottage provide established rental opportunities. Gated, private, and complete with three off-street parking spaces, this is a rare opportunity to live in the heart of Old Town while your property works for you--or maximize returns with a fully income-driven approach.
  1. Listed by Kirksten C Irick • Preferred Properties (KW)

Property Details for 723 Eaton Street

Waterfront
None
Waterfront
No
Zoning
HHDR - Historic High Density Residential
Subdivision
Old Town - Unrecord (1.0)
Directions
On Eaton Street in Old Town Key West. Off-street parking is available.
Vehicle Storage
Off Street Parking
Pets
Pets Allowed
LISTING UPDATED: 05/20/2026 09:03 AM

Property Details for 723 Eaton Street

StatusActive
MLS #617710
Days on Market157
Taxes$24,725 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Multi-Units
Year Built2020
Lot Size0.16 AC / 6,887 SF
CountyMonroe County

Location

Listing Courtesy of Preferred Properties (KW)
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Building Information for 723 Eaton Street

Stories-Residences3Year Built2020Building Size-Lot Size0.16 AC / 6,887 SF

Payment Calculator

$31,710 per month

30 year fixed, 6.36% Interest

Principal and Interest

$29,650

Property Taxes

$2,060

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 723 Eaton Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.80055
  • Control Depth: 0
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Other Area Features
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.19
  • Parcel #: 00003400-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW PT LOT 1 SQR 22 G7-17 OR108-426/29 OR617-318 OR750-591 OR897-1066/67 OR903-1434/35 OR928-436/39 OR928-440/43 OR1095-
  • MLS Approved: Y
  • SqFt Source: Tax Records
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: No
  • Picture Count: 90
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: New Construction
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: Concrete, Decked
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile, Wood
  • Interior Features: Dade County Pine, Sky Light(s)
  • Appliances: Stainless Steel Appliance(s)
Exterior Features
  • Roof: Metal Roof
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Rain Gutters, Water Display, Sprinkler System, Lighting

Property History for 723 Eaton Street

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Temp Off Market

FKMLS #615943

Dec 15, 2025

Listed (Active)

FKMLS #617710

$5,950,000
Jul 25, 2025

Listed (Active)

FKMLS #615943

$7,500,000
DateEvent & SourcePrice
12/15/2025

Temp Off Market

FKMLS #615943

12/15/2025

Listed (Active)

FKMLS #617710

$5,950,000
07/25/2025

Listed (Active)

FKMLS #615943

$7,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 723 Eaton Street

Taxable ValueLand$1,369,725Additions$1,430,490Total$2,800,215
Tax Record2024$23,435 ($1,953 / month)
Home Facts
Baths5.5Total Finished SqFt4,094 SqFtAbove Grade Finished SqFt4,094 SqFtStories2Lot Size6,887 SqFtStyleMulti-Family Dwelling (2-4)Year Built1933Year Renovated2020CountyMONROEAPN00003400-000000

Schools near 723 Eaton Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Monroe Virtual Instruction Program
PublicK to 12

Key West High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

723 Eaton Street is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on December 15, 2025 by Preferred Properties (KW), it's currently listed at $5,950,000. It has been on the market for a total of 157 days and was last sold on June 2, 2017. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Monroe Virtual Instruction Program and Key West High School. 723 Eaton Street is a 6-bed, 8-bath, 4,094 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Preferred Properties (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.