About 1401 Simonton Street 16
Luxury Condo with Transient Nightly Rental in Key West now at exceptional Value. With a projection of $200,000 plus in revenue in 2025, this Investment offers an excellent return. In additional, the new owner will receive a $51,000 refurbishment bonus that will transfer at closing. Buyer can choose their own management company or choose to negotiate with the existing on-site company. All current reservations up to 180 days from closing must be honored. Santa Maria Resort was built in 2006, a contemporary design with comfort and Luxury as the center of it's design and continues to be one of the Top Resorts on the Island year after Year. This unit was one of the few one level units overlooking the pool and captures a sense of serene tranquil living where you can relax on the Poolside porch and enjoy all the fruits of Resort Style Living. Being Sold Turn Key with all reservations in place allowing a seamless transition to the new owner. Resort Features include, Off Street Parking, 24 Hr Gym, Concierge, large Heated Pool and so much more.
Features of 1401 Simonton Street 16
| MLS® # | 613626 |
|---|---|
| Price | $1,425,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 958 |
| Year Built | 2006 |
| Type | Residential |
| Sub-Type | Condo |
| Status | Active |
Community Information
| Address | 1401 Simonton Street 16 |
|---|---|
| Area | 01 - Key West |
| Subdivision | Filer Boyle Sub (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA |
|---|---|
| Parking Spaces | 1 |
| Parking | Open Parking, Off Street Parking, Guest Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
| Pool | In Ground, Lap |
Interior
| Interior Features | Drapes/Blinds Incl, Window Treatments, Fire Sprinkler, Granite Counter Top, Built-in Cabinets |
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Lighting, Lanai |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Construction | CBS, Concrete |
Additional Information
| Date Listed | February 10th, 2025 |
|---|---|
| Days on Market | 78 |
| Zoning | HCT - Historic Commercial Tourist |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 3013.40 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Suzanne M Moore |
|---|---|
| Office | Suzanne Moore Real Estate |