525 Simonton Street

KEY WEST, FL 33040

  • 11 Bed(s)
  • 11 Bath(s)
  • 3,034 Sqft
$7,995,000

Description

A rare investment opportunity in the heart of old town key west. nightly rentals allowed. introducing the watson house--one of the largest and most versatile transiently licensed estates in key west. situated just one block off duval street on iconic simonton street, this 11-bedroom, 11-bath compound spans two distinct residences: a stately 7-bedroom mansion and a sleek, modern 4-bedroom villa--each with its own private pool.zoned with two transient licenses and off-street parking for 4+ vehicles, this exceptional property offers unmatched flexibility for luxury rentals or private use.the grand mansion was reimagined in july 2022 by a local designer, featuring fresh paint, stylish new furnishings, and 12-foot soaring ceilings. the main level includes two guest rooms with baths, formal living and dining rooms, a parlor, and a well-appointed kitchen that opens to the pool deck and outdoor dining area.upstairs, four en suite bedrooms include two primary suites with private balconies--one overlooking simonton street, the other with views of the pool. a spacious third-floor suite, accessed via an interior or exterior staircase, offers a private living room, wet bar, and yet another balcony retreat.the villa, renovated to the studs in 2014, offers a clean, contemporary design with 4 bedrooms, 4 baths, full kitchen, living area, private pool, and outdoor bar--perfect for entertaining.whether you choose to rent the estate in its entirety or as two separate homes, the watson house is a rare asset in key west's luxury rental market--highly sought-after and consistently booked well in advance.

  • Property Type

    Residential - Single Family

  • County

    Monroe

  • Style

    Single Family

  • AD ID

    50317689

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Property Details

  • Bedroom Information

    • Total Bedrooms : 11

    Bathroom Information

    • Total Baths: 11
    • Full Baths: 11

    Interior Features

    • Drapes/Blinds Incl,Window Treatments,Storage,Smoke Alarms,Sky Light(s),Built-in Cabinets
    • Appliances : Dryer,Stainless Steel Appliance(s),Freezer,Microwave,Refrigerator,Dishwasher

    Heating & Cooling

    • Cooling: Central Air,Ductless
    • Water Front: No
    • None
    • No Waterview

  • Building Information

    • Year Built: 1889
    • Floor Location: 8269
    • Construction: Frame,Hardi Board Siding

    Exterior Features

    • Fencing,Storage

    Pool Information

    • In Ground,Decked,Concrete
    • Heated : Yes

  • Lot Information

    • Lot SqFt: 8,269
    • KW PT LOT 4 SQR 49 G8-444 OR885-189 OR890-2126 OR927-1164 OR2008-62 OR2555-1269 OR3147-0073 OR3164-0865

    Property Information

    • SQ ft (Living Area): 3,034
    • View: No Waterview
    • Subdivision: Old Town - Unrecord (1.0)
    • Stories: 3 Stories

  • Listing Price Information

    • List Price: $7,995,000

  • Tax Information

    • Taxes: $51,759
    • Tax Year: 2024
    • Parcel Number: 00009240-000000
    • Tax Exemptions : None

  • Multi-Unit Information

    • Pets Allowed: Pets Allowed

    Homeowners Association Information

    • Mandatory Home Owners Asc : No
    • 1st Right of Refusal : No
    • Association Fee $0.00

  • Utility Information

    • Buyer to Verify
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BuyOwner last updated this listing 07/06/2025 @ 03:57

  • MLS: 615623
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Florida Keys MLS, Inc.

is a Home, with 11 bedrooms which is for sale, it has 3,034 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.