$895,000
$305K PRICE DROP

1401 Simonton St Unit 20 Key West, FL 33040

Old Town Neighborhood

Estimated payment $5,512/month

Total Views 38,972
2 Beds
3 Baths
907 Sq Ft
$987 Price per Sq Ft

About This Home

NEW PRICE! Old Town Key West TRANSIENT LICENSED 2BR CONDO! One of the most luxurious condominiums in Key West. This transient licensed condominium with contemporary design and decor offers two level living and three balconies. The main level features a gourmet kitchen, balconies, powder room, and living room with pool views. Upper level has two bedrooms with designer en suite baths. Santa Maria amenities include stunning heated pool and grounds, bellman, 24 Hour full-service concierge, parking, & gym.

Listing Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 08/28/2024

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,833

Year Built

2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 3013.40
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt, Building Insurance
  • 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
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6832.51
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2006
  • Alternate Key Number: 9087705
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 907.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Other, Smoke Alarms, Lobby, Granite Counter Top, Built-in Cabinets, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Exterior Features: Lighting, Lanai
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00036231-002000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • 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 $6,833 $950,584 -- $950,584
2023 $6,833 $950,584 $0 $950,584
2022 $5,939 $780,779 $0 $780,779
2021 $5,212 $546,290 $0 $546,290
2020 $5,193 $546,290 $0 $546,290
2019 $5,182 $540,462 $0 $540,462
2018 $4,950 $503,863 $503,863 $0
2017 $5,032 $503,863 $0 $0
2016 $5,044 $503,863 $0 $0
2015 $4,908 $503,863 $0 $0
2014 $4,389 $382,021 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $895,000 -7.3% $987 / Sq Ft
02/28/2025 02/28/25 Price Changed $965,000 -3.0% $1,064 / Sq Ft
12/26/2024 12/26/24 Price Changed $995,000 -9.5% $1,097 / Sq Ft
11/22/2024 11/22/24 Price Changed $1,100,000 -8.3% $1,213 / Sq Ft
08/28/2024 08/28/24 For Sale $1,200,000 -- $1,323 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $400,300 Attorney
Special Warranty Deed $1,195,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 611247

Key West Association of REALTORS®

APN: 00036231-002000