1401 Simonton Street, Unit 14

Key West, FL 33040

$2,000,000
Price
2
Beds
2
Baths
958 Sq. Ft.
$2,088 / Sq. Ft.
958
Sq. Ft.
$2,088
per Sq. Ft.

Description

This second-floor luxury condo is ideally situated just one block from the beach and the iconic Southernmost Point, offering the perfect balance of vacation living and income potential. As a high-demand rental property with an impressive occupancy rate, it presents an excellent opportunity for a 1031 exchange, especially with on-site management ensuring seamless service for guests. The property's amenities elevate the experience--guests can unwind at the poolside open bar, where beer, wine, and soft...This second-floor luxury condo is ideally situated just one block from the beach and the iconic Southernmost Point, offering the perfect balance of vacation living and income potential. As a high-demand rental property with an impressive occupancy rate, it presents an excellent opportunity for a 1031 exchange, especially with on-site management ensuring seamless service for guests. The property's amenities elevate the experience--guests can unwind at the poolside open bar, where beer, wine, and soft drinks are served to enhance their stay. With prime proximity to renowned fine dining, vibrant Duval Street, and the beach just steps away, this condo is positioned to attract affluent vacationers looking for a premium experience. Whether you're seeking a luxurious getaway for yourself or an income-generating investment, this exceptional condo promises both lifestyle and return on investment.
  1. Listed by Graciela Lozano • KeysLifestyle Real Estate (KW)

Property Details for 1401 Simonton Street, Unit 14

Waterfront
None
Waterfront
No
Zoning
CG - General Commercial
Subdivision
Filer Boyle Sub (1.0)
Pets
No Pets Allowed
LISTING UPDATED: 10/18/2024 07:23 PM

Property Details for 1401 Simonton Street, Unit 14

StatusActive
MLS #611888
Days on Market65
Taxes$7,728 / year
HOA Fees$1,000
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2006
CountyMonroe County

Building

1401 Simonton St

1 Units3 StoriesBuilt in 2006

Building Information for 1401 Simonton Street, Unit 14

Building/Complex1401 Simonton StFloor-Stories3Residences1Pet PolicyNot AllowedYear Built2006

Property Information for 1401 Simonton Street, Unit 14

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.79448
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Ocean
  • KW Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: ETFT
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Fee Includes: Exterminating, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE,AE,AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 33
  • Document Count: 0
  • Building Style: Above Flood: No
Utilities
  • Utilities: Buyer to Verify
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: Other: shared
  • Pool Info: In Ground, Decked
Interior and Exterior Features
Interior Features
  • Appliances: More Appliances, Disposal, Microwave, Oven, Dishwasher, Dryer
Exterior Features
  • Construction: CBS
  • Dockage: None

Property History for 1401 Simonton Street, Unit 14

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1401 Simonton Street, Unit 14

Taxable ValueLand-Additions$1,050,450Total-
Tax Record2023$7,730 ($644 / month)
Home Facts
Baths2Total Finished SqFt958 SqFtAbove Grade Finished SqFt958 SqFtLot Size50,310 SqFtStyleHotel / MotelYear Built2006CountyMONROEAPN00036231-001400

Schools near 1401 Simonton Street, Unit 14

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Charter - PK to 8
Public - 2 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Somerset Island Prep
Charter9 to 12

May Sands Montessori School
CharterPK to 8

Monroe Virtual Franchise
Public2 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.

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1401 Simonton Street, Unit 14 is a condo for sale in Key West, FL 33040. This property was listed for sale on October 18, 2024 by KeysLifestyle Real Estate (KW), it's currently listed at $2,000,000. It has been on the market for a total of 65 days and was last sold on March 14, 2007. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Somerset Island Prep and May Sands Montessori School. 1401 Simonton Street, Unit 14 is a 2-bed, 2-bath, 958 sqft condo built in 2006.

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. 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 KeysLifestyle Real Estate (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.