$1,195,000

1401 Simonton Street #14

Key West FL, 33040

Description

Luxury vacation home or income property with management on site, this unit has high occupancy showing a cap rate of 7%. it makes it the perfect 1031 exchange property.Superb service for guest includes pool open bar with beer, wine and cold soft drinks.Walking distance from the beach and the Southernmost Point of the USA, high end restaurants and the famous Duval st.

Details

MLS#589609
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year2006
Days On Site60

Features

Bed(s)2
Bath(s) 2 Full
SQ Feet958
Story(s)1 Story
Water FrontNone

Market Activity 33040

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Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-S of Truman
Community NameFiler Boyle Sub (1.0)
Listing VS Median (in Filer Boyle Sub (1.0))
Price:
$1,195,000
low | high
Med:
$1,195,000
50% of Average
SqFt:
958
low | high
Med:
958
50% of Average
$ / SqFt:
$1,247
low | high
Med:
$1,247
50% of Average
On Site:
60
low | high
Med:
59
100% of Average
Listing Updated: 04/04/2020
MLS Number: 589609
Listing Provided By:
Graciela Lozano  of  KeysLifestyle Real Estate (KW)