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Wade M. Berlin

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720d Simonton Street
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PRICED AT ONLY: $4,990,000

Address: 720d Simonton Street, KEY WEST, FL 33040

Description

KEY WEST'S UNLIKELY SANCTUARY | DUAL TRANSIENT LICENSES While most Old Town properties embrace tropical pastels and wooden shutters, this exceptional compound stands as a bold architectural departure. With its striking modern aesthetic, raw concrete elements, and serene private courtyard, this is where minimalist design meets maximum investment potential, just one block from Duval Street. | THE COMPOUND | Built in 2008 on a generous 5,220sf lot, this 2,441sf property features two distinct units, a front house and back house, connected by a heated pool oasis. Four bedrooms, four full baths, soaring two story ceilings, and thoughtfully curated interiors showcase warm mid century touches against clean architectural lines. Wood and tile floors, built in cabinetry, walk in closets, and abundant natural light through expansive glass doors create spaces that are both meditative and functional. | THE SANCTUARY | High privacy walls enclose a tranquil pool courtyard with tropical landscaping, outdoor shower, and ample off street parking. Electric gate entry ensures complete seclusion while downtown's energy pulses just steps away. | THE OPPORTUNITY | Two active transient rental licenses with 1 day minimum stays unlock exceptional income in Key West's most sought after location. The property's distinctive design aesthetic attracts discerning guests seeking something different, proven by outstanding reviews and strong rental performance. HNC zoning supports flexible commercial use, while X flood zone designation offers insurance advantages. | THE LOCATION | Heart of Old Town, steps from Duval's legendary dining, nightlife, galleries, and waterfront. Close enough to all the action, far enough from the noise. This is investment grade real estate with soul, where architectural distinction drives premium rates and occupancy.
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  • MLS#: 618363 ( Single Family )
  • Street Address: 720d Simonton Street
  • Viewed: 2
  • Price: $4,990,000
  • Price sqft: $2,044
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 2008
  • Bldg sqft: 2441
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 60
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Features
Building and Construction
  • Absolute Longitude: 81.799736
  • Construction: CBS, Combo Construction, Concrete
  • Exterior Features: Detached Guest Qtrs, Water Display, Storage, Privacy Wall/Fence, Outdoor Shower, Lighting
  • Floor: Tile, Wood
  • Porchbalcony: Open Porch/Balcony, Patio
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 2.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Pool Info Heated: Yes
  • Pool Info: In Ground, Concrete
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Kw Neighborhood: Old Town-N of Truman
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Security: Electric Gate
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Windowsdoors: Glass Doors, Aluminum Windows, Sliding Glass Doors
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2025
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Add L Parcel Num1: 00015880-000000
  • Alternate Key Num: 1016268
  • Appliances: Washer, Wine Cooler, Freezer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: X FLOOD ZONE
  • Interior Features: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Storage, Built-in Cabinets, Pantry
  • Legal Description: KW PT LOT 3 SQR 2 TR 4 OR172-109/10 OR190-476/77 OR333-396/97
  • Mile Marker: 1.00
  • Side: Median
  • Style: Single Family
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
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Contact Info

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