525 Simonton Street
Key West, FL 33040
- 11 beds
- 11 baths
- 4,295 sqft
- 8,269 sqft lot
- $1,862 per sqft
- 1889 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 10, 2025
•
MLS# 610247 —
The Building
-
Year Built:1889
-
Construction:Frame, Hardi Board Siding
-
Style:Single Family
-
Exterior Features:Fencing, Storage
Interior
-
Furnished:Furnished
-
Interior Features:Drapes/Blinds Incl, Window Treatments, Storage, Smoke Alarms, Sky Light(s), Built-in Cabinets
The Property
-
Parcel #:00009240-000000
-
Lot SqFt:8269.00
-
Land Size:Less Than 1/4 Acre
-
Waterfront:None
-
Zoning:HRCC - Historic Residential Commercial Core
-
Waterfront:No
-
Waterview:No Waterview
-
Flood Zone:X
Listing Agent
- Contact info:
- Agent phone:
- (305) 395-0550
- Office phone:
- (305) 395-0550
Taxes
-
Tax Year:2023
-
Taxes:48750.54
-
Tax Exemptions:None
Beds
-
Total Bedrooms:11
Baths
-
Total Baths:11.00
-
Full Baths:11
The Listing
-
UnBranded Virtual Tour:https://vimeo.com/830371580
Heating & Cooling
-
Cooling:Central Air, Ductless
Utilities
-
Utilities:Buyer to Verify
-
Pub Sewer HkUp:Yes
Appliances
-
Appliances:Dryer, Stainless Steel Appliance(s), Freezer, Microwave, Refrigerator, Dishwasher
The Community
-
Subdivision:Old Town - Unrecord (1.0)
-
Pool Info:In Ground, Decked, Concrete
-
Pool Info: Heated:Yes
-
Dockage:None
-
Pets:Pets Allowed
-
Fee Includes:None
-
Association Info: Mandatory Home Owners Asc:No
Parking
-
Vehicle Storage:Open Parking, Off Street Parking
-
Vehicle Storage: Car(s):4+
Monthly cost estimate
Asking price
$7,999,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$42,832
|
| Taxes | $4,062 |
| Insurance | $2,199 |
| Utilities | $360 See report |
| Total | $49,453/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
Price Changed | FLKMLS | $7,999,000 | -5.9% |
|
6/3/24
Jun 3, 2024
|
Listed / Active | FLKMLS | $8,500,000 | 254.2% (12.7% / YR) |
|
5/20/04
May 20, 2004
|
FLKMLS | $2,400,000 |
