Homes for sale - 723 Eaton Street, Key West, FL 33040

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Tom Rodriguez

tom@tomrodriguez.com +1(305) 394-0688

$ 7,500,000

Est. payment | -/mo

7 Beds

9 Baths

3,000 SqFt

Save

$ 7,500,000

Est. payment | -/mo

Save

7 Beds

9 Baths

3,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential - Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $2,500

Subdivision Old Town - Unrecord (1.0)

MLS Listing ID 615943

Style Multi-Units

Bedrooms 7

Full Baths 7

Half Baths 2

Construction Status Frame

HOA Y/N No

Rental Info With Restrictions

Year Built 1933

Annual Tax Amount $23,434

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Residential - Single Family

Property Description

Private Compound- 723 Eaton Street and 329 Peacon Lane, Old Town.An extraordinary property in the heart of Old Town, this compound is a masterclass in island living. Spanning from 723 Eaton Street to 329 Peacon Lane, the property includes one brand new home plus three additional beautifully reimagined residences, all set behind lush, professionally designed tropical landscaping with gated entrances on both sides. Located just steps from the Historic Seaport and near Fausto's Grocery, this prime location lies within Key West's oldest and most storied neighborhood.At the center of the compound is a grand yet welcoming main residence--brand-new construction featuring three bedrooms, three and a half baths, soaring ceilings, tall doors and windows, and a seamless flow between indoor and outdoor spaces. French doors lead to a serene courtyard with a stunning pool and water feature, creating the perfect backdrop for elegant entertaining or peaceful retreat.Three additional residences offer versatility and privacy, including two one-bedroom, one-bath apartments, each with private outdoor space, plus a lovely two-bedroom, two and a half-bath, top floor, pied-a-terre. All have been fully renovated and include private laundry. The Peacon Lane apartment and the main home are currently operated as high-performing monthly vacation rentals, making this an attractive investment opportunity as well.Additional features include five off-street parking spaces, including two designated for golf carts, a commercial-grade fire suppression system throughout, and secure basement storage. Every inch of this property reflects care, craftsmanship, and a deep respect for Key West's architectural heritage--with none of the headaches of renovation left to do.Whether you're seeking a luxurious personal retreat, a flexible multi-residence compound, or a legacy investment in one of Key West's most desirable neighborhoods, this is truly a once-in-a-generation opportunity.

Location

State FL

County Monroe

Community Old Town-S Of Truman

Area 01 - Key West

Zoning MDR-1 - Medium Desnity Residential

Interior

Heating Central Air, Ductless, Ceiling Fans(s)

Cooling Central Air, Ductless, Ceiling Fans(s)

Flooring Tile, Wood

Furnishings Negotiable

Appliance Stainless Steel Appliance(s)

Exterior

Exterior Feature Detached Guest Qtrs, Water Display, Sprinkler System, Lighting, Rain Gutters

Parking Features Off Street Parking

Pool In Ground, Decked, Concrete

Utilities Available FKAA, Elect Separate Meter, Water Separate Meter

Waterfront Description None

View No Waterview

Roof Type Metal Roof

Handicap Access No

Porch Open Porch/Balcony, Deck, Patio

Private Pool Yes

Building

Sewer Yes

Construction Status Frame

Others

SqFt Source LA Measured

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Pets Allowed

Listed by Preferred Properties (KW)

723 Eaton Street Key West, FL 33040