525 Simonton Street, KEY WEST, FL

$8,500,000

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11

Beds

11

Baths

4,295

Square feet

About 525 Simonton Street

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. Going 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. See MLS #607104 and MLS # 607103

Features of 525 Simonton Street

MLS® # 605219
Price $8,500,000
Bedrooms 11
Bathrooms 11.00
Full Baths 11
Square Footage 4,295
Year Built 1889
Type Commercial
Sub-Type Residential Income
Status Active

Community Information

Address 525 Simonton Street
Area 01 - Key West
Subdivision Old Town - Unrecord (1.0)
City KEY WEST
County Monroe
State FL
Zip Code 33040

Amenities

Utilities FKAA
Parking Off Street Parking
View No Waterview
Is Waterfront No
Waterfront None

Interior

Interior Features Wet Bar, Cathedral Ceilings, Laundry Room, Furnished, Window Treatments
Appliances Refrigerator, Range, Disposal, Washer, Dryer, Dishwasher
# of Stories 3

Exterior

Lot Description Less Than 1/4 Acre
Construction Frame

Additional Information

Date Listed May 8th, 2023
Days on Market 324
Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentPaige Bethel
OfficeIsland Home Realty Inc.

Listing Map

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