525 Simonton Street

Key West, FL 33040 / Old Town - Unrecord (1.0)

MLS ID# 605218 Active
Single Family

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$8,500,000

11 beds

11 baths

******** Garage

4295 sqft

0.19 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details
• Video 1

Description

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 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... show more

Location, Tax & Legal

• Street # 525
• Street Name Simonton
• Street Suffix Street
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• County Monroe
• Subdivision Old Town - Unrecord (1.0)
• Mile Marker 1
• Area 01 - Key West
• KW Neighborhood Old Town-N of Truman
• Marathon Neighborhood N/A
• Side Median
• Flood Zone X
• Alternate Key # 1009491
• Parcel # 00009240-000000
• Zoning HRCC - Historic Residential Commercial Core
• Deed Restrictions Unknown
• Legal KW PT LOT 4 SQR 49 G8-444 OR885-189 OR890-2126 OR927-1164 OR2008-62 OR2555-1269 OR3147-0073 OR3164-0865
• Taxes 53415.76
• Tax Year 2022
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Residential - Single Family
• Style Single Family
• Waterfront No
• Control Depth 0
• Pool Yes
• Year Built 1889
• Lot SqFt 8269
• Lot Sqft Source Property Data Card
• Living Apx SqFt 4295
• SqFt Source Property Data Card
• Total Bedrooms 11
• Full Baths 11
• Half Baths 0
• Total Baths 11
• Rentals Allowed Yes
• Min Rental Days 1

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal, Association Fee $:0

• Fee Includes

  None

• Tax Exemptions

  None

• License Info

  # of City License:2, # of County License:2, Transient Rntl Licns

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Property Condition

  Updated/Remodeled

• Building Style

  Above Flood:Unknown, Stories:3 Stories

• Vehicle Storage

  Car(s):4+, Open Parking

• Cooling

  Ceiling Fans(s), Central Air, Ductless, Wall/Window Unit(s)

• Porch/Balcony

  Deck, Open Porch/Balcony, Patio

• Utilities

  Buyer to Verify, Cable Available, Elect Separate Meter, FKAA

• Interior Features

  Bar, Cathedral Ceilings, Dade County Pine, Drapes/Blinds Incl, Fireplace(s), Smoke Alarms, Wet Bar

• Pre-Wired

  Cable

• Appliances

  Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Cooler

• Exterior Features

  Privacy Wall/Fence, Shed, Storage

• Pool Info

  In Ground, Lap, Heated, Concrete, Decked

• Construction

  Frame

• Shutters

  Panel

• Floor

  Tile, Wood

• Roof

  Metal Roof

• Pets

  Pets Allowed

• Land Size

  Less Than 1/4 Acre

• Terms

  Cash, Conventional

• Show

  24 Hour Notice, Call List Agent, Tenant Occupied