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1205 TRUMAN AVE
KEY WEST FL 33040

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$4,950,000

720D Simonton Street, Key West, FL 33040

  • Bedrooms

    4

  • Bathrooms

    4

  • Sq.Ft.

    2,441

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720D Simonton Street
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Property Description

DUAL TRANSIENT LICENSES | A RARE DEPARTURE FROM THE ORDINARY 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
621632
Property Type
Residential
Year Built
2008

Features & Amenities

Total Area
2,441 Sq.Ft.
Neighborhood
Old Town
Architecture Styles
Above Flood
Water Frontage
None
View Description
No Waterview
Pool
Concrete, Heated, In Ground
Roof
Metal
Parking
Off Street
Air Conditioning
Central Air, Ceiling Fans(s)
Appliances
Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Wine Cooler
Other Interior Features
Walk-in Closet(s), Built-in Cabinets, Drapes/Blinds Incl, Pantry, Storage, Window Treatments
Security Features
Electric Gate
Other Exterior Features
Lighting, Detached Guest Qtrs, Outdoor Shower, Privacy Wall/Fence, Storage, Water Display
Sales Price
$4,950,000
Real Estate Tax
$32,510/yr
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

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The Spottswood Team is one of the most accomplished real estate groups in the Florida Keys, guiding buyers and sellers through 1,000+ successful transactions across Key West and beyond. With over $1 billion in closed sales volume, TST continues to set the standard for excellence in island real estate.

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White raised coastal house with balconies, framed by tall palms and tropical landscaping.

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THE SPOTTSWOOD TEAM

(305) 432-4848

ADDRESS 1205 TRUMAN AVE KEY WEST FL 33040

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By providing your contact information to The Spottswood Team, your personal information will be processed in accordance with The Spottswood Team's Privacy Policy. By checking the box(es) below, you expressly consent to receive marketing or promotional real estate communication from The Spottswood Team in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. Consent is not a condition of purchase of any goods or services. You may opt out of receiving further communications from The Spottswood Team at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe. SMS text messaging is subject to our Terms of Use.

Get in Touch

THE SPOTTSWOOD TEAM

(305) 432-4848

ADDRESS 1205 TRUMAN AVE KEY WEST FL 33040

TALK TO OUR TEAM
Send us a quick message — we’ll respond promptly to assist with your real estate needs.