$4,950,000
UNDER CONTRACT $2M PRICE DROP

Estimated payment $27,850/month

Total Views 40,726
8 Beds
11 Baths
8,472 Sq Ft
$584 Price per Sq Ft

Highlights

  • 0.18 Acre Lot
  • Sliding Doors
  • 5-minute walk to Truman Annex Park

About This Home

Step into Key West history with this remarkable property, available for the first time in generations! Located just a block from world-famous Duval Street and across from the Federal Courthouse, this property at 314 Simonton Street offers a unique blend of historic charm and modern potential. Originally a hotel with a Ford dealership on the ground floor, this three-level building is steeped in heritage. Even the legendary Ernest Hemingway chose it as his base, staying here for a month while awaiting delivery of his car in 1928. Currently set up and legally recognized as 8 units, an atrium, garage, and a pool, this property provides an unmatched opportunity for someone who loves trophy properties. Whether you envision a grand single-family estate or multi-unit living combined with commercial space on the lower level, the possibilities are endless.Don't miss the chance to own a piece of Key West's past while shaping its future with this truly one-of-a-kind property.

Listing Agent

Claude Gardner

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK612006 Listed on: 11/14/2024

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,668

Year Built

  • Built in 1921

Lot Details

  • 7,750 Sq Ft Lot
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Metal Roof

Interior Spaces

  • 8,472 Sq Ft Home
  • 3-Story Property
  • Sliding Doors

Bedrooms and Bathrooms

  • 8 Bedrooms

Community Details

  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00004210-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,668

Year Built

Built in 1921

Lot Details

7,750 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1921
  • Building Style Above Flood: Unknown
  • Property Sub Type: Multi-Units
  • Co List Office Mls Id: kwa.10017
  • Subdivision Name: Old Town - Unlisted (1.0)
  • Special Features: UnderContract

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Waterfront: No
  • Construction Type: Combo Construction
  • Waterfront: None
  • Roof: Metal Roof

Utilities

  • Utilities: FKAA, Municipal Sewer

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00004210-000000
  • Lot Size Sq Ft: 7750.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13667.88

Multi Family

  • Number Of Units Total: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,814 $1,978,487 $1,170,657 $807,830
2024 $13,668 $1,258,571 -- --
2023 $13,668 $1,234,434 $0 $0
2022 $13,318 $1,222,051 $0 $0
2021 $13,605 $1,203,995 $0 $0
2020 $13,590 $1,210,719 $0 $0
2019 $13,540 $1,197,374 $0 $0
2018 $13,447 $1,169,319 $0 $0
2017 $10,650 $1,157,608 $0 $0
2016 $11,219 $1,154,139 $0 $0
2015 $11,619 $1,164,465 $0 $0
2014 $11,950 $1,151,248 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2026 04/25/26 Price Changed $4,950,000 -5.7% $584 / Sq Ft
04/08/2026 04/08/26 Price Changed $5,250,000 +2.9% $620 / Sq Ft
04/08/2026 04/08/26 Price Changed $5,100,000 -2.9% $602 / Sq Ft
01/12/2026 01/12/26 Price Changed $5,250,000 -4.5% $620 / Sq Ft
07/28/2025 07/28/25 Price Changed $5,500,000 -6.8% $649 / Sq Ft
05/20/2025 05/20/25 Price Changed $5,900,000 -7.8% $696 / Sq Ft
04/01/2025 04/01/25 Price Changed $6,400,000 -7.2% $755 / Sq Ft
11/14/2024 11/14/24 For Sale $6,900,000 -- $814 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Deed $30,000 --
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 612250

Key West Association of REALTORS®

APN: 00004210-000000

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