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723 Eaton Street, Key West, FL 33040
$6,450,000
Property Type:
Residential
Bedrooms:
7
Baths:
9
Square Footage:
3,739
Lot Size (sq. ft.):
8,422
Status:
Active
Current Price:
$6,450,000
List Date:
10/01/2026
Last Modified:
10/01/2026
Overview
Description
...
(Read more)
A rare opportunity in the heart of Old Town Key West's coveted Seaport neighborhood, this exceptional multi-residence property combines the charm and architectural character of historic Key West with the comfort, quality and convenience of newly constructed living. Thoughtfully designed to retain the home's traditional aesthetic, the property offers remarkable flexibility as a private compound, multigenerational residence or sophisticated investment property, with beautifully finished interiors, resort-style outdoor spaces and exceptional parking for the neighborhood. The main residence is a legal triplex, with each home offering its own privacy and character and 3 off street parking spaces. At the front of the property, a charming 1-bedroom, 1-bath residence occupies the first floor and opens to a generous covered porch and private yard. A separate side entrance leads to a distinctive three-story, 2-bedroom, 2.5-bath residence with its own side porch and upper levels overlooking the front of the property. Occupying the rear portion of the main house is the largest residence, a spacious 3-bedroom, 3.5-bath home arranged entirely on the main living level. Beautifully finished interiors open to a lush tropical retreat with a private pool, fountains, expansive patios, outdoor dining and multiple lounging areas. An unfinished basement offers exceptional potential for a wine cellar, tasting room or collection space. A landscaped walkway leads to a separate 1-bedroom, 1-bath cottage fronting Peacon Lane, with a private rear deck, outdoor dining area and two-car off-street parking. Importantly, the Peacon Lane residence sits on its own separate legal parcel, providing the rare flexibility for it to be owned or sold independently from the main property should a future owner ever choose to do so. Just beyond the gates, the waterfront, restaurants, galleries, shops and historic sites are all within an easy walk in one of Old Town Key West's most desirable neighborhoods.
Listing Details MLS# 621458
Location, Tax & Legal
- Street #
- 723
- Street Name
- Eaton
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- Old Town - Unrecord (1.0)
- Area
- 01 - Key West
Contract Information
- Listing Board
- Key West Association
General Property Description
- Realtor.COM Type
- Multi-family
- Style
- Multi-Units
- Waterfront
- No
- Pool
- Yes
- Year Built
- 1933
- Total Units
- 4
- Lot SqFt
- 8421.5
- Lot Sqft Source
- Property Data Card
- Acres
- 0.19
- Living Apx SqFt
- 3739
- SqFt Source
- LA Measured
- Total Bedrooms
- 7
- Full Baths
- 7
- Half Baths
- 2
- Total Baths
- 9
- Rentals Allowed
- Yes
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Building Style
- Above Flood
- Yes
More Information
Pool Info
- Heated
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Building Style:
Conch
Utilities:
FKAA; Municipal Sewer
Appliances:
Dishwasher; Disposal; Dryer; Freezer; Oven; Refrigerator; Washer
Pool Info:
In Ground
Construction:
Frame
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Listing Office:
Truman & Co. (KW)
Last Updated: October - 01 - 2026
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.