Active

525 Simonton Street

Key West FL, 33040

$8,500,000


$1,979.05 per sqft

Active

11 Beds

11 Baths

4,295 sqft

Commercial

Built in 1889

Exclusive opportunity to own one of the largest TRANSIENTLY licensed properties in Old Town Key West. 11 Br, 11Ba, 2 pools, 2 transient licenses, and off street parking for 4+ vehicles. The Watson House is Located centrally on Key West's most iconic street and only 1 block off Duval street. The Grand Estate is comprised of a 7 Bedroom Mansion and a 4 bedroom Villa. Each home offering a private pool.The mansion was refitted by a local designer in July 2022, including fresh paint and new furniture. Upon entering the mansion you will be greeted with 12 foot soaring ceilings, 2 first floor guest rooms with bath, parlor, living room, dining room and kitchen. The kitchen opens up to a private pool with decking and lounge chairs. A large family style outdoor table is provided for dining al fresco. Heading back inside you will take the Victorian staircase to the second floor. On the second floor you will find 4 bedrooms with en suite baths. The front primary suite offers a private balcony overlooking Simonton Street. A secondary balcony is provided for the rear primary suite overlooking the pool. Take the spiral staircase to the third floor and you will discover a large third floor private suite. Bright and airy the suite provides a living room, wet bar and balcony overlooking the pool. All three floors can also be accessed by exterior and interior staircases. Going back into the parking area, you will take a side entrance to the villa. The villa was renovated to the studs in 2014 with modern and sleek finishes. The villa offers 4 bedrooms and 4 baths, full kitchen, living room, private pool and outdoor bar. The 2 transient licenses give versatility for the property to be rented as an 11 bedroom and 11 bath estate or rented separately as a 7br main house and 4br villa. There are few large estates in Key West, which gives way to its popularity and advance bookings.Available to be purchased separately. MLS #607104 and MLS # 607103

610246

MLS ID

June 3, 2024

Listed

July 13, 2024

Updated

Map

525 Simonton Street
Key West FL, 33040

Interior Features

Total Stories

3


Bedrooms

11


Total Bathrooms

11


Full Bathrooms

11


Interior Features

Wet Bar, Window Treatments, Furnished, Laundry Room, Cathedral Ceilings


Appliances

Refrigerator, Dishwasher, Dryer, Washer, Disposal, Range


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

Less Than 1/4 Acre

Other Property Details

Area Name

01 - Key West


Taxes

$48,751


Tax Frequency

Annually


Days on Market

38


Association Amenities

None


Garage

No


Parking

Off Street Parking


Parking Total

4


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Listed by Paige Bethel with Island Home Realty Inc.
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 7/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 7/13/2024 at 10:20 AM UTC

 

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