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$1,440,000
525 Simonton Street 1-3
Key West, FL 33040
MLS# 112887
Status: Closed



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Property 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.

Details
Contract Information
Current Price: $1,440,000
Listing Date: 2010-04-28
Listing Board: Key West Association
Leased Price Monthly: $1,440,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: Yes
Bank Owned: No
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
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
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 2
Financial Status
Bank Owned: No
Potential Short Sale: Yes
Status Change Info
Under Contract Date: 2012-01-31
Leased Date: 2012-01-31
Leased Price Monthly: $1,440,000
Status: Closed
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.