525 Simonton Street Active

Key West,FL 33040

$ 7995000

11 Beds

11 Baths

3034 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential - Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,034 sqft

Price per Sqft $2,635

Subdivision Old Town - Unrecord (1.0)

MLS Listing ID 615623

Style Single Family

Bedrooms 11

Full Baths 11

Construction Status Frame,Hardi Board Siding

HOA Y/N No

Rental Info Yes

Year Built 1889

Annual Tax Amount $51,759

Tax Year 2024

Property Sub-Type Residential - Single Family

Property 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.

Location

State FL

County Monroe

Community Old Town-N Of Truman

Area 01 - Key West

Zoning HRCC - Historic Residential Commercial Core

Interior

Interior Features Drapes/Blinds Incl,Window Treatments,Storage,Smoke Alarms,Sky Light(s),Built-in Cabinets

Heating Central Air,Ductless

Cooling Central Air,Ductless

Furnishings Furnished

Appliance Dryer,Stainless Steel Appliance(s),Freezer,Microwave,Refrigerator,Dishwasher

Exterior

Exterior Feature Fencing,Storage

Parking Features Open Parking,Off Street Parking

Pool In Ground,Decked,Concrete

Utilities Available Buyer to Verify

Waterfront Description None

View No Waterview

Private Pool Yes

Building

Story 3 Stories

Sewer Yes

Construction Status Frame,Hardi Board Siding

Others

SqFt Source Property Data Card

Pets Allowed Pets Allowed

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