$1,850,000
$135K PRICE DROP

1011 Simonton St Unit 1 Key West, FL 33040

Old Town Neighborhood

Estimated payment $10,339/month

Total Views 17,016
3 Beds
3 Baths
1,600 Sq Ft
$1,156 Price per Sq Ft

About This Home

Excellent opportunity whether looking for a private residence or an investment. This home will not disappoint. Artfully renovated very spacious three story . Plenty of outside area including private courtyard with a heated pool. Walk out the front door and just steps away from Duval st. and everything Key West has to offer. This is maintenance free living while it gives the feeling of a private residence. Assigned off street parking right in front of the unit. This property is being offered turnkey. Vacation Rental history available .This home has all hurricane impact windows and doors. making the unit noiseless. This condo is a freestanding building just like a single family home without the maintenance.

Listing Agent

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327 Listed on: 07/25/2024

Equestrian Sotheby's International Realty

Co-Listing Agent

Ellen Gvili

Ocean Sotheby's International Realty License #3043680

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,830

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 2000.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 6829.56
  • Vehicle Storage: Assigned Parking
  • Year Built: 2003
  • Alternate Key Number: 9042254
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1600.00
  • Pool Info Other: private
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Marble
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00027080-000308
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,830 $760,949 -- $760,949
2023 $6,830 $760,949 $0 $760,949
2022 $6,495 $732,839 $0 $732,839
2021 $6,413 $686,023 $0 $686,023
2020 $6,058 $686,023 $0 $686,023
2019 $5,386 $563,569 $0 $563,569
2018 $5,488 $563,569 $0 $0
2017 $5,320 $535,195 $0 $0
2016 $5,608 $535,195 $0 $0
2015 $5,309 $490,181 $0 $0
2014 $5,744 $490,181 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $1,850,000 -6.8% $1,156 / Sq Ft
07/25/2024 07/25/24 For Sale $1,985,000 +215.1% $1,241 / Sq Ft
02/12/2016 02/12/16 Sold $630,000 -12.5% $535 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $719,900 -- $611 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $630,000 --
Trustee Deed -- None Available
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 Construction
Previous Owner $730,000 New Conventional
Previous Owner $395,000 Credit Line Revolving
Previous Owner $112,500 Credit Line Revolving
Previous Owner $562,500 Purchase Money Mortgage
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 610882

Key West Association of REALTORS®

APN: 00027080-000308