723 Eaton Street, Key West, FL 33040

New Listing
$5,950,000
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 4,094 Lot Size (sq. ft.): 6,887 Status: Active
Current Price: $5,950,000 List Date: 12/15/2025 Last Modified: 12/15/2025

Description

Private Old Town Compound | 723 Eaton Street | $5,950,000 Step off Eaton Street and into your own tropical hideaway 🌴 Tucked behind lush, gated landscaping in the heart of Old Town, 723 Eaton Street is a rare three-residence compound just steps from the Historic Seaport and a quick stroll to Fausto's. This is island living done right—private, stylish, and effortless. At the center is a brand-new main home with 3 bedrooms and 3.5 baths, soaring ceilings, oversized doors and windows, and an easy indoor-outdoor flow that feels made for entertaining. French doors open to a serene courtyard with a beautiful pool and water feature—perfect for afternoon swims, evening cocktails, or doing absolutely nothing at all. Rounding out the property are two additional residences that offer flexibility and charm: a one-bedroom, one-bath front cottage and a two-story pied-à-terre with 2 bedrooms and 2.5 baths, ideal for guests, extended family, or income potential. Each space has been thoughtfully reimagined to feel private, comfortable, and completely Key West. Extras you'll love include three off-street parking spaces, private laundry, a commercial-grade fire suppression system, and secure storage. Best of all, everything is already done—no projects, no waiting, just move in and enjoy. Whether you're dreaming of a personal island retreat, a multi-home family compound, or a smart Old Town investment, 723 Eaton Street delivers location, lifestyle, and serious wow-factor—all wrapped into one unforgettable property.

More Information MLS# 617710

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: No Current Price: $5,950,000 Listing Date: 2025-12-15 List Price: $5,950,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1003531 Parcel #: 00003400-000000 Zoning: HHDR - Historic High Density Residential Deed Restrictions: No Legal: KW PT LOT 1 SQR 22 G7-17 OR108-426/29 OR617-318 OR750-591 OR897-1066/67 OR903-1434/35 OR928-436/39 OR928-440/43 OR1095- Taxes: 24724.96 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 723 Street Name: Eaton Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Old Town - Unrecord (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot SqFt: 6887 Pool: Yes Lot Sqft Source: Tax Records Total Units: 3 Acres: 0.19 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Multi-Units Year Built: 2020 Living Apx SqFt: 4094 Total Bedrooms: 6 Full Baths: 6 Half Baths: 2 Total Baths: 8

Remarks & Misc

Remarks – Consumer: Private Old Town Compound | 723 Eaton Street | $5,950,000 Step off Eaton Street and into your own tropical hideaway 🌴 Tucked behind lush, gated landscaping in the heart of Old Town, 723 Eaton Street is a rare three-residence compound just steps from the Historic Seaport and a quick stroll to Fausto's. This is island living done right—private, stylish, and effortless. At the center is a brand-new main home with 3 bedrooms and 3.5 baths, soaring ceilings, oversized doors and windows, and an easy indoor-outdoor flow that feels made for entertaining. French doors open to a serene courtyard with a beautiful pool and water feature—perfect for afternoon swims, evening cocktails, or doing absolutely nothing at all. Rounding out the property are two additional residences that offer flexibility and charm: a one-bedroom, one-bath front cottage and a two-story pied-à-terre with 2 bedrooms and 2.5 baths, ideal for guests, extended family, or income potential. Each space has been thoughtfully reimagined to feel private, comfortable, and completely Key West. Extras you'll love include three off-street parking spaces, private laundry, a commercial-grade fire suppression system, and secure storage. Best of all, everything is already done—no projects, no waiting, just move in and enjoy. Whether you're dreaming of a personal island retreat, a multi-home family compound, or a smart Old Town investment, 723 Eaton Street delivers location, lifestyle, and serious wow-factor—all wrapped into one unforgettable property. Directions: On Eaton Street in Old Town Key West. Off-street parking is available.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Stainless Steel Appliance(s): 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Ductless: 1

Heating

Ductless: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Wood: 1

Neighborhood Feature

Other Area Features: 1

Interior Features

Dade County Pine: 1 Sky Light(s): 1

Property Condition

New Construction: 1

Building Style

Above Flood: Unknown

Vehicle Storage

Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Lighting: 1 Rain Gutters: 1 Sprinkler System: 1 Water Display: 1

Pool Info

Concrete: 1 Decked: 1

Roof

Metal Roof: 1

Financial Status

Standard Sale: Yes

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: New Construction Vehicle Storage: Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Ductless Heating: Ductless Utilities: FKAA; Municipal Sewer Interior Features: Dade County Pine; Sky Light(s) Appliances: Stainless Steel Appliance(s) Exterior Features: Lighting; Rain Gutters; Sprinkler System; Water Display Pool Info: Concrete; Decked Construction: Frame Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Other Area Features Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Preferred Properties (KW)
Last Updated: December - 15 - 2025
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