$1,250,000

812 Simonton Street

Key West FL, 33040

Description

Great investment property in Old Town with TWO TRANSIENT LICENSED units and one additional long term rental unit. No car needed, walking distance to everything. Larger front unit is a One Bedroom with full kitchen and living room with updated bathroom. Grossed $70,198 in 2019. Second unit in rear is One Bedroom efficiency with kitchen and patio, decorated in coastal style and grossed $50,071 in 2019. These numbers include bookings for remainder of November and December. Third unit is a one room efficiency with bathroom and is rented long-term for $700 per month. Tenant in place and has new lease for one year. Financials available upon request. X Zone location. Being Sold Turn Key with all furnishings and reservations on the books. Owner is a Florida Licensed Realtor.

Details

MLS#588288
StyleHouse
Sub-TypeResale
StatusContingent
Year1933
Days On Site17

Features

Bed(s)3
Bath(s) 2 Full
SQ Feet1,196
Story(s)1 Story
Acreage0.03
Water FrontNone

Market Activity 33040

Loading Form

Loading Form

Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-N of Truman
Community NameOld Town - Unrecord (1.0)
Listing VS Median (in Old Town - Unrecord (1.0))
Price:
$1,250,000
low | high
Med:
$1,149,900
58.008% of Average
SqFt:
1,196
low | high
Med:
1,292
41.973244147157% of Average
$ / SqFt:
$1,045
low | high
Med:
$890
64.843318885449% of Average
On Site:
17
low | high
Med:
181
9.39226519337% of Average
Listing Updated: 12/05/2019
MLS Number: 588288
Listing Provided By:
Suzanne M Moore  of  Keller Williams Key West Compass Realty