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Amy Bruggeman

amy@americancaribbean.com +1(305) 619-0818

Listed by The Spottswood Team Truman & Co. (KW)

$ 4,990,000

Est. payment | -/mo

4 Beds

4 Baths

2,441 SqFt

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$ 4,990,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

2,441 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,441 sqft

Price per Sqft $2,044

Subdivision Old Town - Unlisted (1.0)

MLS Listing ID 618363

Style Above Flood

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 2008

Annual Tax Amount $31,381

Tax Year 2025

Lot Size 5,220 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Land Area 2441

Property Description

KEY WEST'S UNLIKELY SANCTUARY | DUAL TRANSIENT LICENSES While most Old Town properties embrace tropical pastels and wooden shutters, this exceptional compound stands as a bold architectural departure. With its striking modern aesthetic, raw concrete elements, and serene private courtyard, this is where minimalist design meets maximum investment potential, just one block from Duval Street. | THE COMPOUND | Built in 2008 on a generous 5,220sf lot, this 2,441sf property features two distinct units, a front house and back house, connected by a heated pool oasis. Four bedrooms, four full baths, soaring two-story ceilings, and thoughtfully curated interiors showcase warm mid-century touches against clean architectural lines. Wood and tile floors, built-in cabinetry, walk-in closets, and abundant natural light through expansive glass doors create spaces that are both meditative and functional. | THE SANCTUARY | High privacy walls enclose a tranquil pool courtyard with tropical landscaping, outdoor shower, and ample off-street parking. Electric gate entry ensures complete seclusion while downtown's energy pulses just steps away. | THE OPPORTUNITY | Two active transient rental licenses with 1-day minimum stays unlock exceptional income in Key West's most sought-after location. The property's distinctive design aesthetic attracts discerning guests seeking something different, proven by outstanding reviews and strong rental performance. HNC zoning supports flexible commercial use, while X flood zone designation offers insurance advantages. | THE LOCATION | Heart of Old Town, steps from Duval's legendary dining, nightlife, galleries, and waterfront. Close enough to all the action, far enough from the noise. This is investment-grade real estate with soul, where architectural distinction drives premium rates and occupancy.

Location

State FL

County Monroe

Area 02 - Key West

Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Direction Simonton St. between Petronia St. & Angela St.

Interior

Interior Features Walk-in Closet(s), Built-in Cabinets, Drapes/Blinds Incl, Pantry, Storage, Window Treatments

Cooling Central Air, Ceiling Fans(s)

Flooring Wood, Tile

Window Features Aluminum Windows,Glass Doors,Sliding Glass Doors

Appliance Freezer, Dryer, Washer, Dishwasher, Microwave, Wine Cooler, Range, Refrigerator

Exterior

Exterior Feature Privacy Wall/Fence, Detached Guest Quarters, Storage, Lighting, Water Display, Outdoor Shower

Parking Features Off Street

Pool Concrete, Heated, In Ground

Utilities Available FKAA, Municipal Sewer, Buyer To Verify

Waterfront Description None

Roof Type Metal Roof

Porch Open Porch/Balcony, Patio

Garage No

Building

Architectural Style Above Flood

New Construction No

Others

HOA Fee Include None

Security Features Electric Gate

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Yes

Virtual Tour https://www.zillow.com/view-imx/086180de-0e71-499d-937e-211050f129d8?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

720 Simonton ST Key West, FL 33040

Amy Bruggeman

Key Details

Location

Interior

Exterior

Building

Others

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720 Simonton ST