$1,475,000
 $7,918 est/mo Sourced by Back At You

1401 Simonton Street, 16 , KEY WEST, FL 33040

KEY WEST, FL 33040

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Description

Luxury Condo with Transient Nightly Rental in Key West now at exceptional Value. With a projection of $200,000 plus in revenue in 2025, this Investment offers an excellent return. In additional, the new owner will receive a $51,000 refurbishment bonus that will transfer at closing. 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. Santa Maria Resort was built in 2006, a contemporary design with comfort and Luxury as the center of it's design and continues to be one of the Top Resorts on the Island year after Year. This unit was one of the few one level units overlooking the pool and captures a sense of serene tranquil living where you can relax on the Poolside porch and enjoy all the fruits of Resort Style Living. 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 so much more.

Details

MLS#613626
Listing TypeFor Sale
StyleCondominium
Suite Number16
HOA Dues$3,013
Sub-TypeResale
StatusActive
Year2006
Days On Site45
Listing Provided BySuzanne Moore Real Estate | Suzanne M Moore

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet958
PoolYes
ZoningHCT - Historic Commercial Touris
Water FrontNone
Property ViewNo Waterview

Market Activity 33040

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Listings Checked: 21 seconds ago
StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area01 Key West
Community NameFiler Boyle Sub (1.0)
Listing VS Median (In Filer Boyle Sub (1.0))
Price:
$1,475,000
low | high
Med:
$1,600,000
41.525423728814% of Average
SqFt:
958
low | high
Med:
958
50% of Average
$ / SqFt:
$1,540
low | high
Med:
$1,670
41.525423728814% of Average
On site:
45
low | high
Med:
360.000000
12.5% of Average
Sourced by Back At You
Listing Updated: March 12, 2025 at 9:03:57 PM PDT