525 Simonton Street 1-3, Key West, FL 33040 (MLS# 112887)

525 Simonton Street 1-3, Key West, FL 33040

$1,440,000

Virtual Tour

http://www.visualtour.com/show.asp?sk=13&t=1674910

Property Type: Commercial Lot Size (sq. ft.): 8,256 Status: Closed

Current Price: $1,440,000 List Date: 4/28/2010 Last Modified: 9/09/2024

Description

This Is A Short Sale!The Watson House on Simonton Street is a beautifully restored Victorian Mansion located within walking distance to all of Duval Street attractions as well as the Historic Seaport District. It is currently being professionally managed as an upscale 3-unit vacation rental property with excellent renues year round. Well suited for a family vacation compound, affording a good income when not being used by owner. It is furnished with quality designer touches to enhance the tall ceilings, crown moldings, covered porches front and rear, lush landscaping, large pool and bricked off-street parking.

More Information MLS# 112887

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: Yes Bank Owned: No For Sale/Lease: For Sale Current Price: $1,440,000 Listing Date: 2010-04-28 Sold Price: $1,440,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman Unit #: 1-3 City: KEY WEST Mile Marker: 1 Side: Median Flood Zone: X Alternate Key #: 1009491 Parcel #: 00009240000000 Bldg Nbr: 0 Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med Legal: Kw Pt Lot 4 Wqr 49 G8-444 Probate #75-44 and as Per Monroe County Tax Records Taxes: 13072.56 Tax Year: 2009 Street #: 525 Street Name: Simonton Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unrecord (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot SqFt: 8256 Business Name: Watson House Total Units: 3 # Parking Spaces: 3 # Stories: 3 Building Ht. Ft.: 35 Total # Buildings: 2 Building SqFt: 5047 Style: Commercial Year Built: 1943

Remarks & Misc

Remarks – Consumer: This Is A Short Sale!The Watson House on Simonton Street is a beautifully restored Victorian Mansion located within walking distance to all of Duval Street attractions as well as the Historic Seaport District. It is currently being professionally managed as an upscale 3-unit vacation rental property with excellent renues year round. Well suited for a family vacation compound, affording a good income when not being used by owner. It is furnished with quality designer touches to enhance the tall ceilings, crown moldings, covered porches front and rear, lush landscaping, large pool and bricked off-street parking. Directions: On Simonton Street, between Southard and Fleming Streets.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

# of Transient Licns: 2

Type

Other Comrcl Style: 1 Professional Service: 1 Retail: 1 Other Services: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Central Air: 1

Electric

Circuit Breakers: 1

Floor

Tile: 1 Wood: 1

Interior Features

Laundry Room: 1

Windows/Doors

French Doors: 1 Single Hung Windows: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Negotiable: 1

Miscellaneous

Fencing: 1 High Visibility: 1 Hot Tub: 1 Patio: 1 Pool: 1 Spa: 1 Storage: 1 Utility Building: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: Yes

Tenant Paid

Tnt Pays No Utils: 1

Status Change Info

Sold Date: 2012-01-31 Sold Price: $1,440,000 Status: Closed

Property Features

Deed Restrictions: Unknown Type: Other Comrcl Style; Professional Service; Retail; Other Services Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Interior Features: Laundry Room Miscellaneous: Fencing; High Visibility; Hot Tub; Patio; Pool; Spa; Storage; Utility Building Construction: Frame Electric: Circuit Breakers Floor: Tile; Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre Title: Negotiable Tenant Paid: Tnt Pays No Utils

Listing Office: At Home in Key West, Inc.

Last Updated: September - 09 - 2024

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