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720D Simonton Street, Key West, FL 33040
$4,950,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,441
Lot Size (sq. ft.):
5,220
Status:
Active
Current Price:
$4,950,000
List Date:
10/14/2026
Last Modified:
10/16/2026
Overview
Description
...
(Read more)
DUAL TRANSIENT LICENSES | A RARE DEPARTURE FROM THE ORDINARY While most Old Town properties embrace tropical pastels and wooden shutters, this exceptional compound stands as a bold architectural departure. With its striking modern aesthetic, raw concrete elements, and serene private courtyard, this is where minimalist design meets maximum investment potential, just one block from Duval Street. | THE COMPOUND | Built in 2008 on a generous 5,220sf lot, this 2,441sf property features two distinct units, a front house and back house, connected by a heated pool oasis. Four bedrooms, four full baths, soaring two-story ceilings, and thoughtfully curated interiors showcase warm mid-century touches against clean architectural lines. Wood and tile floors, built-in cabinetry, walk-in closets, and abundant natural light through expansive glass doors create spaces that are both meditative and functional. | THE SANCTUARY | High privacy walls enclose a tranquil pool courtyard with tropical landscaping, outdoor shower, and ample off-street parking. Electric gate entry ensures complete seclusion while downtown's energy pulses just steps away. | THE OPPORTUNITY | Two active transient rental licenses with 1-day minimum stays unlock exceptional income in Key West's most sought-after location. The property's distinctive design aesthetic attracts discerning guests seeking something different, proven by outstanding reviews and strong rental performance. HNC zoning supports flexible commercial use, while X flood zone designation offers insurance advantages. | THE LOCATION | Heart of Old Town, steps from Duval's legendary dining, nightlife, galleries, and waterfront. Close enough to all the action, far enough from the noise. This is investment-grade real estate with soul, where architectural distinction drives premium rates and occupancy.
Listing Details MLS# 621632
Location, Tax & Legal
- Street #
- 720D
- Street Name
- Simonton
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- Old Town - Unlisted (1.0)
- Area
- 02 - Key West
Contract Information
- Listing Board
- Key West Association
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- No
- Pool
- Yes
- Year Built
- 2008
- Total Units
- 2
- Lot SqFt
- 5220
- Lot Sqft Source
- Property Data Card
- Living Apx SqFt
- 2441
- SqFt Source
- Property Data Card
- Total Bedrooms
- 4
- Full Baths
- 4
- Total Baths
- 4
- Rentals Allowed
- Yes
- Min Rental Days
- Yes
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
License Info
- # of City License
- 2
- Transient Rntl Licns
- Yes
More Information
Building Style
- Above Flood
- Unknown
- # Stories
- 2 Stories
Vehicle Storage
- Car(s)
- 2
Specialty Rooms
- Guest/Servant Qtrs
- Legal
Pool Info
- Heated
- Yes
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Property Condition:
Updated/Remodeled
Vehicle Storage:
Off Street Parking
Cooling:
Ceiling Fans(s); Central Air
Utilities:
Buyer to Verify; FKAA; Municipal Sewer
Interior Features:
Built-in Cabinets; Drapes/Blinds Incl; Pantry; Storage; Walk-in Closet(s); Window Treatments
Appliances:
Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Wine Cooler
Exterior Features:
Detached Guest Qtrs; Lighting; Outdoor Shower; Privacy Wall/Fence; Storage; Water Display
Pool Info:
In Ground; Concrete
Construction:
CBS; Combo Construction; Concrete
Floor:
Tile; Wood
Roof:
Metal Roof
Pets:
Pets Allowed
Security:
Electric Gate
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional
Listing Office:
Truman & Co. (KW)
Last Updated: October - 16 - 2026
Broker Attribution:
3054324848
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.