Historical Cigar Cottage Built in 1908 in the center of Old Town Key West. Recently enhanced with coastal modern furnishings by a renowned designer, boasting clean lines and vintage woodwork. This cozy cottage has a typical Key West porch where you can sit and people watch. There are 2 bedroom with 2 bathrooms, one up and one down and a great cooks kitchen in the center of the main floor. French doors lead to very private romantic backyard setting. This home is in a transient receivership location. If you are looking for an monthly income property, look no further and if you are able to acquire a transient license you will have home a home run.Estimated non-owner occupancy after the first year 203,892 and 109,500 with owner occupancy during peak months.
Sold for $1,225,000 on 10/19/23
$1,225,000
724 Simonton St, Key West, FL 33040
2beds
1,100sqft
Single Family Residence
Built in 1918
1,742.4 Square Feet Lot
$1,206,600 Zestimate®
$1,114/sqft
$5,483 Estimated rent
Home value
$1,206,600
$1.12M - $1.29M
$5,483/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 24, 2024 at 03:19pm
Listed by:
Corinne Held, PA 305-240-0355,
Preferred Properties (KW),
Jeffrey L Grosky 305-304-6868,
Preferred Properties (KW)
Bought with:
Team Kaufelt, 00000
Truman & Co. (KW)
Source: FLKMLS,MLS#: 605609
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
Interior area
- Total interior livable area: 1,100 sqft
Property
Features
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 1,742 sqft
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00015790000000
- Zoning: HNC
- Zoning description: (1-3) Hist Nghborhd Comml 1 - 3 Coastal Med
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cigar Maker
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA
Community & neighborhood
Location
- Region: Key West
- Subdivision: Old Town - Unlisted (1.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2023 | Sold | $1,225,000-5.4%$1,114/sqft |
Source:  FLKMLS #605609 | ||
| 9/28/2023 | Pending sale | $1,295,000$1,177/sqft |
Source: FLKMLS #605609 | ||
| 9/5/2023 | Contingent | $1,295,000$1,177/sqft |
Source: FLKMLS #605609 | ||
| 6/9/2023 | Listed for sale | $1,295,000+71.1%$1,177/sqft |
Source: FLKMLS #605609 | ||
| 3/3/2006 | Sold | $757,000+165.6%$688/sqft |
Source: FLKMLS #95621 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,855 +4.5% | $568,213 +2.9% |
| 2024 | $4,645 -9.8% | $552,200 +10.9% |
| 2023 | $5,152 +14% | $497,893 +10% |
Find assessor info on the county website
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.9 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.4 mi
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$1,206,600
2% more+ $24,132
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$1,230,732