$7,999,000

525 Simonton St Key West, FL 33040

11 beds
11 full
4,295 sqft
$1,862 / sqft
House

Property details

About 525 Simonton St

Exclusive opportunity to own one of the largest TRANSIENTLY licensed properties in Old Town Key West. 11 Br, 11Ba, 2 pools, 2 transient licenses, and off street parking for 4+ vehicles. The Watson House is Located centrally on Key West's most iconic street and only 1 block off Duval street. The Grand Estate is comprised of a 7 Bedroom Mansion and a 4 bedroom Villa. Each home offering a private pool.The mansion was refitted by a local designer in July 2022, including fresh paint and new furniture. Upon entering the mansion you will be greeted with 12 foot soaring ceilings, 2 first floor guest rooms with bath, parlor, living room, dining room and kitchen. The kitchen opens up to a private pool with decking and lounge chairs. A large family style outdoor table is provided for dining al fresco. Heading back inside you will take the Victorian staircase to the second floor. On the second floor you will find 4 bedrooms with en suite baths. The front primary suite offers a private balcony overlooking Simonton Street. A secondary balcony is provided for the rear primary suite overlooking the pool. Take the spiral staircase to the third floor and you will discover a large third floor private suite. Bright and airy the suite provides a living room, wet bar and balcony overlooking the pool. All three floors can also be accessed by exterior and interior staircases. Going back into the parking area, you will take a side entrance to the villa. The villa was renovated to the studs in 2014 with modern and sleek finishes. The villa offers 4 bedrooms and 4 baths, full kitchen, living room, private pool and outdoor bar. The 2 transient licenses give versatility for the property to be rented as an 11 bedroom and 11 bath estate or rented separately as a 7br main house and 4br villa. There are few large estates in Key West, which gives way to its popularity and advance bookings.

Highlights

Home typeSingle Family Residence
StatusActive
Size4,295 sqft
Year built1889
ParkingOff Street
MLS #610247
Garage4 spaces
Private poolYes

Virtual tour

Summary

  • MLS Number: 610247
  • MLS Name: KeyWest
  • Office Name: Island Home Realty Inc.
  • Office Phone: (305) 395-0550
  • Listing Agent: Paige Bethel

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 2:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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neoclassical / greek revival house with a balcony

$7,999,000

525 Simonton St

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Price information

Property sales

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Tax history

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Nearby schools

6

Poinciana Elementary School

Public District PK-5

2.3 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.9 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.8 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,548. Typical income of Key West, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

26%
<35k
49%
35k-100k
20%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

76%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
23%
18-34 yrs old
53%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Bob EvansBob Evans

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

Frequently asked questions

About 525 Simonton St

This home is located at 525 Simonton St in Key West, FL and zip code 33040. This 4,295 square foot home was built in 1889. Features: 11 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $7,999,000.

Key West, FL housing market in February 2025 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 40 sold below. The number of homes for sale in Key West, FL increased by 13.9% between January and February 2025. In February 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $1,050,000.

From Rocket Homes Real Estate and based on county public records data.

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