720D Simonton Street

Property 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.

Overview

Property Status

For Sale

Lot Size

5,220 Sq.Ft.

MLS ID

618363

Property Type

Residential

Year Built

2008

Are you interested?

Schedule a Tour

or Contact

The Spottswood Team

(305) 432-4848 [email protected]

Terri Spottswood

(305) 587-3407 [email protected]

Features & Amenities

Total Area

2,441 Sq.Ft.

Neighborhood

Key West

Water Frontage

None

View Description

No Waterview

Stories

Utilites

FKAA, Buyer to Verify, Municipal Sewer

Pool

In Ground, Concrete

Roof

Metal Roof

Parking

Off Street Parking

Air Conditioning

Central Air, Ceiling Fans(s)

Appliances

Washer, Wine Cooler, Freezer, Microwave, Range, Refrigerator, Dishwasher, Dryer

Other Interior Features

Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Storage, Built-in Cabinets, Pantry, Glass Doors, Aluminum Windows, Sliding Glass Doors

HOA Amenities

None

Security Features

Electric Gate

Other Exterior Features

Detached Guest Qtrs, Water Display, Storage, Privacy Wall/Fence, Outdoor Shower, Lighting

Sales Price

$4,990,000

Real Estate Tax

$31,381/yr

Zoning

HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Are you interested?

Schedule a Tour

or Contact

The Spottswood Team

(305) 432-4848 [email protected]

Terri Spottswood

(305) 587-3407 [email protected]

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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