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Wade M. Berlin

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Broker IDX Sites Inc.
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525 Simonton Street
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PRICED AT ONLY: $7,995,000

Address: 525 Simonton Street, KEY WEST, FL 33040

Description

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. Situated just one block off Duval Street on iconic Simonton Street, this 11 bedroom, 11 bath compound spans two distinct residences: a stately 7 bedroom mansion and a sleek, modern 4 bedroom villa each with its own private pool.Zoned with two transient licenses and off street parking for 4+ vehicles, this exceptional property offers unmatched flexibility for luxury rentals or private use.The grand mansion was reimagined in July 2022 by a local designer, featuring fresh paint, stylish new furnishings, and 12 foot soaring ceilings. The main level includes two guest rooms with baths, formal living and dining rooms, a parlor, and a well appointed kitchen that opens to the pool deck and outdoor dining area.Upstairs, four en suite bedrooms include two primary suites with private balconies one overlooking Simonton Street, the other with views of the pool. A spacious third floor suite, accessed via an interior or exterior staircase, offers a private living room, wet bar, and yet another balcony retreat.The villa, renovated to the studs in 2014, offers a clean, contemporary design with 4 bedrooms, 4 baths, full kitchen, living area, private pool, and outdoor bar perfect for entertaining.Whether you choose to rent the estate in its entirety or as two separate homes, The Watson House is a rare asset in Key West's luxury rental market highly sought after and consistently booked well in advance.
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  • MLS#: 615623 ( Single Family )
  • Street Address: 525 Simonton Street
  • Viewed: 2
  • Price: $7,995,000
  • Price sqft: $2,635
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1889
  • Bldg sqft: 3034
  • Bedrooms: 11
  • Total Baths: 11
  • Full Baths: 11
  • Days On Market: 89
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Features
Building and Construction
  • Absolute Longitude: 81.800775
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage
  • Sqft Source: Property Data Card
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage Car S: 4+
  • Vehicle Storage: Open Parking, Off Street Parking
Eco-Communities
  • Pool Info Heated: Yes
  • Pool Info: In Ground, Decked, Concrete
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ductless
  • Kw Neighborhood: Old Town-N of Truman
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: Buyer to Verify
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1009491
  • Appliances: Dryer, Stainless Steel Appliance(s), Freezer, Microwave, Refrigerator, Dishwasher
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Furnished: Furnished
  • Interior Features: Drapes/Blinds Incl, Window Treatments, Storage, Smoke Alarms, Sky Light(s), Built-in Cabinets
  • 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
  • Parcel Num: 00009240-000000
  • Side: Median
  • Style: Single Family
  • Zoning: HRCC - Historic Residential Commercial Core
Similar Properties

Details for 525 Simonton Street, KEY WEST, FL 33040
$8,500,000.00 ($1,979.05 / sqft )

525 Simonton Street Virtual Tour More Like This

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 Hou

  1. Bedrooms: 11
  2. Baths: 11
  3. Approx. 4295 sqft
  1. MLSID: 610247
  2. Provided by Island Home Realty Inc.
  3. Contact Paige Bethel
  4. (305) 395-0550
  5. Florida Keys Board of REALTORS
  6. DMCA Notice

Contact Info

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