1401 Simonton Street # 11, Key West, FL 33040

Local realty services provided by:CENTURY 21 Circle
1401 Simonton Street # 11,Key West, FL 33040
$1,250,000
  • 2 Beds
  • 2 Baths
  • 958 sq. ft.
  • Condominium
  • Active
Listed by: ralph j sanchez, daniel sanchez
Office: century 21 all keys inc (kw)
MLS#:619022
Source:FL_FKBOR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$1,304.8

About this home

This two-bedroom, two-bathroom condominium residence at Santa Maria Suites Resort offers both personal use and strong rental income potential. One of the resort's limited single-level units, the property produces nearly $200,000 in annual gross rental income and allows for transient nightly rentals. The floor plan features a generous living and dining area, full kitchen, and two private bedroom suites. Located just steps from iconic Duval Street, the property provides convenient access to Old Town restaurants, shops, and nightlife while maintaining a quiet resort setting. Resort amenities include swimming pool, fitness center, and off-street parking. Planned improvements to the residences, pool, and fitness areas are scheduled for completion in 2027. The current owner has paid the majority of the special assessment associated with these upgrades. Owners may choose their own rental management company or participate in the on-site program. Suitable for buyers seeking an income-producing...

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Home facts

  • Year built:2006
  • Listing ID #:619022
  • Added:49 day(s) ago
  • Updated:April 30, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Kitchen Description:Built-in Cabinets, Granite Counter Top, Pantry
  • Living area:958 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans(s), Central Air, Heat Pump

Structure and exterior

  • Year built:2006
  • Building area:958 sq. ft.
  • Construction Materials:Concrete
  • Exterior Features:Fencing, Lighting, Sprinkler System, Water Display

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$1,304.8
  • Tax amount:$8,415

Features and amenities

  • Amenities:Built-in Cabinets, Lobby, Pantry, Smoke Alarms

Parking

  • Parking description:Off Street