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$1,250,000

3 days ago

16 - 1401 Simonton St, Key West, FL

Condo

2 Bed

2 Bath

958 sqft

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MLS® 618368

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 958 sqft
Garage No
HOA Fees $3,013
Taxes $7,984
Days Active 3
Approx. Age 2006
Avg. Price Per Sqft $1,304
MLS® Number 618368

Property Address: 16-1401 Simonton St, Key West, FL, 33040-3116

Average square foot calculated using Size range provided by listing agent.

Description

Luxury Condo Hotel with rare Transient Nightly Rental Rights - Exceptional Key West Value.Discover a rare opportunity to own a luxury condo-hotel residence in the heart of Key West with full transient nightly rental privileges - an increasingly scare asset class in the Florida Keys. This turnkey Investment generated almost $200, 000 in actual gross rental revenue in 2005, offering strong income potential while preserving the true joy of ownership.Located at the iconic Santa Maria Resort, built in 2006 and consistently recognized as one of the Islands premier luxury resorts, this residence blends contemporary design with resort style comfort. This two bedroom, two bath residence is one of the few single-level units overlooking the resort style pool, capturing a serene sense of living rarely found in a condo hotel. Private poolside porch allows you to enjoy the relaxed sophistication of Island living - morning coffee, afternoon breezes and evenings wrapped in resort ambiance.Buyer can choose their own management company or choose to negotiate with the existing on-site company. All current reservations up to 180 days from closing must be honored. Being Sold Turn Key with all reservations in place allowing a seamless transition to the new owner. Resort Features include, Off Street Parking, 24 Hr Gym, Concierge, large Heated Pool and only One BLock To infamouns Duval St.This is not just an investment - it's a lifestyle-forward asset in one of the most supply-constrained markets in the country. Own a piece of Key West that pays you back, while still being yours to enjoy.
MLS® Number618368
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2006
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 28, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1401 Simonton St, Key West, FL

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