1401 Simonton St Unit 14 Key West, FL 33040
Old Town NeighborhoodEstimated payment $11,690/month
Total Views
21,979
2
Beds
2
Baths
958
Sq Ft
$2,088
Price per Sq Ft
About This Home
This second-floor luxury condo is ideally situated just one block from the beach and the iconic Southernmost Point, offering the perfect balance of vacation living and income potential. As a high-demand rental property with an impressive occupancy rate, it presents an excellent opportunity for a 1031 exchange, especially with on-site management ensuring seamless service for guests.The property's amenities elevate the experience--guests can unwind at the poolside open bar, where beer, wine, and soft drinks are served to enhance their stay. With prime proximity to renowned fine dining, vibrant Duval Street, and the beach just steps away, this condo is positioned to attract affluent vacationers looking for a premium experience.Whether you're seeking a luxurious getaway for yourself or an income-generating investment, this exceptional condo promises both lifestyle and return on investment.
Listing Agent
KeysLifestyle Real Estate (KW) License #BK3346838 Listed on: 10/18/2024
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$7,730
Year Built
2006
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Condo
- As Is Right To Inspect: No
- First Right of Refusal: Yes
- Association Fee: 3013.40
- Mandatory HOA: Yes
- Fee Includes: Exterminating, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Key West
- K W Neighborhood: Old Town-S of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Pets: No Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 7728.22
- Year Built: 2006
- Alternate Key Number: 9087699
- Pool Info: In Ground, Decked
- Species List: No
- Tax Exemptions: None
- Building Style Above Flood: No
- Building Style Stories: 1 Story
- Estimated Living Sq Ft: 958.00
- Pool Info Other: shared
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Condos
Interior Features
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: More Appliances, Disposal, Microwave, Oven, Dishwasher, Dryer
- Total Bedrooms: 2
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: Buyer to Verify
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,AE,AE
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: Yes
Tax Info
- Tax Year: 2024
Multi Family
- Total Units: 1.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $7,730 | $1,050,450 | -- | $1,050,450 |
| 2023 | $7,730 | $1,050,450 | $0 | $1,050,450 |
| 2022 | $6,721 | $864,069 | $0 | $864,069 |
| 2021 | $6,017 | $638,290 | $0 | $638,290 |
| 2020 | $5,997 | $638,290 | $0 | $638,290 |
| 2019 | $5,984 | $631,363 | $0 | $631,363 |
| 2018 | $5,711 | $588,343 | $588,343 | $0 |
| 2017 | $5,807 | $588,343 | $0 | $0 |
| 2016 | $5,911 | $588,343 | $0 | $0 |
| 2015 | $5,745 | $588,343 | $0 | $0 |
| 2014 | $5,201 | $464,111 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | For Sale | $2,000,000 | -- | $2,088 / Sq Ft |
Source: Key West Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,325,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Seller Take Back | |
| Open | $960,000 | Unknown |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 611888
APN: 00036231-001400
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