525 Simonton Street, Unit B

Key West, FL 33040

$3,200,000
Price
4
Beds
4
Baths
1,264 Sq. Ft.
$2,532 / Sq. Ft.
1,264
Sq. Ft.
$2,532
per Sq. Ft.

Description

TRANSIENTLY licensed income producing single family home in the center of Old Town and in the X flood zone. Located just steps from Key West's best restaurants, shops and attractions. The property was completely gutted to the studs in 2012, offering the classic Old Town charm with modern finishes. Four bedrooms, four en suite baths, Transient license, private pool, impact windows/doors and parking! You have a winner here! As you enter the home you will be greeted with an open concept living and dining...TRANSIENTLY licensed income producing single family home in the center of Old Town and in the X flood zone. Located just steps from Key West's best restaurants, shops and attractions. The property was completely gutted to the studs in 2012, offering the classic Old Town charm with modern finishes. Four bedrooms, four en suite baths, Transient license, private pool, impact windows/doors and parking! You have a winner here! As you enter the home you will be greeted with an open concept living and dining space. French doors open up to your private pool and bar giving you ample space to enjoy indoor and outdoor living. A large hallway extends the length of the home and each bedroom can be accessed from the hallway. The rear bedroom offers its own private entrance. Going outside you will find a beautiful L shaped pool with decking, a large bar and lounge chairs. The perfect space to enjoy happy hour with friends or a quiet morning soaking up the sun with a cup of coffee. If an easily managed, low maintenance, private and tranquil home is what you are looking for, look no further! Available to purchased with main house as a large 11 BR/ 11 BA Estate. See MLS #605218

Property Details for 525 Simonton Street, Unit B

Waterfront
None
Waterfront
No
Zoning
HRCC - Historic Residential Commercial Core
Subdivision
Old Town - Unrecord (1.0)
Vehicle Storage
Assigned Parking, Off Street Parking
Pets
Pets Allowed

Location

Listing Courtesy of Island Home Realty Inc.
Add your commute
LISTING UPDATED: 05/16/2024 06:27 PM

Property Details for 525 Simonton Street, Unit B

StatusActive
MLS #607104
Days on Market212
Taxes$53,416 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1889
Lot Size0.19 AC / 8,269 SF
CountyMonroe County

Location

Listing Courtesy of Island Home Realty Inc.
Add your commute

Building Information for 525 Simonton Street, Unit B

Stories-Year Built1889Building Size-Lot Size0.19 AC / 8,269 SF

Payment Calculator

$21,915 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$4,451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 525 Simonton Street, Unit B

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.800775
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Accessibility Feat: None
  • Key/Island: Key West
Owner
  • Owner Name: See Tax Record
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 1
  • License Info: # of County License: 1
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: None
  • Furnished: Furnished
  • Tax Year: 2022
  • Tax Exemptions: None
Property
Lot Information
  • SqFt Remarks: Lot Square footage will be updated once new survey is complete.
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: X
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 18
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Title: Negotiable
Utilities
  • Utilities: Buyer to Verify
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: Decked, In Ground
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave, Dryer
Exterior Features
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Bar
  • Windows/Doors: Impact Rstnce Window

Property History for 525 Simonton Street, Unit B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 525 Simonton Street, Unit B

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 12
Public - K to 5
Public - 6 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Monroe Virtual Franchise
Public5 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

525 Simonton Street, Unit B is a single family home for sale in Key West, FL 33040. This property was listed for sale on October 20, 2023 by Island Home Realty Inc., it's currently listed at $3,200,000. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Monroe Virtual Franchise and Monroe Virtual Instruction Program (District Provided). 525 Simonton Street, Unit B is a 4-bed, 4-bath, 1,264 sqft single family home built in 1889.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Island Home Realty Inc.

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.