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525 Simonton Street 1-3, Key West, FL 33040

$1,440,000
Property Type: Commercial Lot Size (sq. ft.): 8,256 Status: Closed
Current Price: $1,440,000 List Date: 4/28/2010 Last Modified: 9/09/2024

Overview

Description

This Is A Short Sale!The Watson House on Simonton Street is a beautifully restored Victorian Mansion located within walking distance to all of Duval Street attractions as well as the Historic Seaport District. It is currently being professionally managed as an upscale 3-unit vacation rental property with excellent renues year round. Well suited for a family vacation compound, affording a good income when not being used by owner. It is furnished with quality designer touches to enhance the tall ceilings, crown moldings, covered porches front and rear, lush landscaping, large pool and bricked off-street parking.

Listing Details MLS# 112887

Location, Tax & Legal

Street #
525
Street Name
Simonton
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unrecord (1.0)
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
Unit #
1-3
City
KEY WEST
Mile Marker
1
Side
Median
Flood Zone
X
Alternate Key #
1009491
Parcel #
00009240000000
Bldg Nbr
No
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Legal
Kw Pt Lot 4 Wqr 49 G8-444 Probate #75-44 and as Per Monroe County Tax Records
Taxes
13072.56
Tax Year
2009

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
Yes
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
8256
Waterfront
No
Business Name
Watson House
# Parking Spaces
3
# Stories
3
Building Ht. Ft.
35
Total # Buildings
2
Building SqFt
5047
Total Units
3
Year Built
1943

Status Change Info

Sold Date
2012-01-31

License Info

# of Transient Licns
2

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

More Information

Financial Status

Bank Owned
No
Potential Short Sale
Yes

Remarks & Misc

Remarks – Consumer
This Is A Short Sale!The Watson House on Simonton Street is a beautifully restored Victorian Mansion located within walking distance to all of Duval Street attractions as well as the Historic Seaport District. It is currently being professionally managed as an upscale 3-unit vacation rental property with excellent renues year round. Well suited for a family vacation compound, affording a good income when not being used by owner. It is furnished with quality designer touches to enhance the tall ceilings, crown moldings, covered porches front and rear, lush landscaping, large pool and bricked off-street parking.
Directions
On Simonton Street, between Southard and Fleming Streets.

Deed Restrictions

Unknown
Yes

Type

Other Comrcl Style
Yes
Professional Service
Yes
Retail
Yes
Other Services
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Central Air
Yes

Electric

Circuit Breakers
Yes

Floor

Tile
Yes
Wood
Yes

Interior Features

Laundry Room
Yes

Windows/Doors

French Doors
Yes
Single Hung Windows
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Title

Negotiable
Yes

Miscellaneous

Fencing
Yes
High Visibility
Yes
Hot Tub
Yes
Patio
Yes
Pool
Yes
Spa
Yes
Storage
Yes
Utility Building
Yes

Roof

Metal Roof
Yes

Tenant Paid

Tnt Pays No Utils
Yes

Property Features

Deed Restrictions: Unknown Type: Other Comrcl Style; Professional Service; Retail; Other Services Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Interior Features: Laundry Room Miscellaneous: Fencing; High Visibility; Hot Tub; Patio; Pool; Spa; Storage; Utility Building Construction: Frame Electric: Circuit Breakers Floor: Tile; Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre Title: Negotiable Tenant Paid: Tnt Pays No Utils
Listing Office: At Home in Key West, Inc.
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.