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Wade M. Berlin

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  4. 525 Simonton Street, KEY WEST, FL 33040
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525 Simonton Street
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PRICED AT ONLY: $8,500,000

Address: 525 Simonton Street, KEY WEST, FL 33040

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. 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.Available to be purchased separately. MLS #607104 and MLS # 607103

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More Like This
  • MLS#: 610246 ( Hotel/Motel )
  • Street Address: 525 Simonton Street
  • Viewed: 5
  • Price: $8,500,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1889
  • Bldg sqft: 0
  • Bedrooms: 11
  • Total Baths: 11
  • Full Baths: 11

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. 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.Available to be purchased separately. MLS #607104 and MLS # 607103
Request More Information
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Features
Building and Construction
  • Construction: Frame
  • Net Leasable Area: 3034.00
  • Num Stories: 3.0
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Rights: Transient License
Garage and Parking
  • Vehicle Storage Car S: 4+
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Water View: No Waterview
Utilities
  • Kw Neighborhood: Old Town-N of Truman
  • Utilities: FKAA
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2023
Other Features
  • Alternate Key Num: 1009491
  • Appliances: Refrigerator, Dishwasher, Dryer, Washer, Disposal, Range
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage: None
  • Interior Features: Wet Bar, Window Treatments, Furnished, Laundry Room, Cathedral Ceilings
  • Legal Description: KW PT LOT 4 SQR 49 G8-444 OR885-189 OR890-2126 OR927-1164 OR2008-62 OR2555-1269 OR3147-0073 OR3164-0865
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Miscellaneous: Storage, Pool, Fencing
  • Parcel Num: 00009240-000000
  • Side: Median
  • Style: Residential Income
  • Year Established: 0000-00-00
  • Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Nearby Subdivisions
Benj Alburys Subd (2.0)   Blvd Professional (3.0)   Coral Estates (2.0)   Duval Sq Ph 1 & 2 (1.0)   Filer Boyle Sub (1.0)   Gardens Of Key West (1.0)   Gg Watson Sub (1.0)   Gwynn Sub (1.0)   Hilton Haven Sec 2 A (2.0)   Island City Sub (2.0)   Jack Sq Prof Cent (1.0)   Key West Prof Plaza (2.0)   Key West Realty Cos Sub (3.0)   Luani Plaza (3.0)   Macros Subd (2.0)   Moffats Sub (2.0)   Monroe Investement Co Sub (2.0   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Offices At Northside (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Riviera Shores (3.0)   Seafoam (2.0)   Truman Ave Condo (1.0)   Viva Varela (1.0)   W C Maloney Diagram (2.0)   Webb Realty Co Sub (1.0)  
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Opportunity to develop 27 transient single family units. Situated on 1.92 acres with two parcels at the corner of 4th Ave. & Maloney Ave, on Stock Island, just over the bridge from Key West, this prop

  1. Request Information
  1. MLSID: 608596
  2. Provided by Berkshire Hathaway Knight & Gardner
  3. Contact Team Gardner/Langley
  4. (305) 294-5155
  5. Florida Keys Board of REALTORS
  6. DMCA Notice
3 Pictures and Information
Details for 525 Simonton Street, KEY WEST, FL 33040
$7,995,000.00

525 Simonton Street More Like This

A Rare Investment Opportunity in the Heart of Old Town Key West. NIGHTLY RENTALS ALLOWED. Introducing The Watson House one of the largest and most versatile TRANSIENTLY licensed estates in Key West.

  1. Request Information
  1. Bedrooms: 11
  2. Baths: 11
  1. MLSID: 615622
  2. Provided by Island Home Realty Inc.
  3. Contact Paige Bethel
  4. (305) 395-0550
  5. Florida Keys Board of REALTORS
  6. DMCA Notice
124 Pictures and Information

Contact Info

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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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