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    421 Simonton St Key West, FL 33040

    For Sale
    $6,500,000

    Multi-family - Key West, FL

    Type:Multi Family
    Property size:
    3,010 SF
    Lot size:
    0.08 Acres
    Days on Market:
    242
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 421 Simonton St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    8
    APN
    00006360-000000
    Interior features
    Built-in Cabinets, Smoke Alarms
    Exterior features
    Privacy Wall/Fence
    Fencing
    Fenced, Privacy
    Appliances
    Dryer, Microwave, Range, Refrigerator
    Size
    3,010 SF
    Lot size
    0.08 Acres

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    2020
    Floors in Building
    2
    Number of units
    2
    Roof type
    Metal
    Architectural style
    Other

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155 [email protected]

    Listing agent Will Langley (305) 294-5155 License #3242135

    Listing date Apr 8, 2025

    MLS# 614546 Listing URL

    Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Key West Multi-Family Homes

    Located one block from Duval Street, this property features two homes, each offering 3 bedrooms and 3.5 baths, along with private pools. These residences have established rental histories. The homes blend island charm with modern comfort, featuring open-concept living areas, updated kitchens, and private ensuite bedrooms. Each home includes its own outdoor lounging space and pool. The property is suitable as an investment opportunity, a vacation retreat with rental flexibility. The zoning is HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med. The total living area is 3010 square feet on a lot of 0.08 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fixed Gears Bicycle Repair Shop

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.801587
    Latitude
    24.557125

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    FAQs

    What type of property is this?
    Duplex - Two homes with private pools, near Duval Street, Key West.
    Where is this duplex located?
    The property is located at 421 Simonton St Key West, FL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Two separate homes on one property, each with 3 bedrooms and 3.5 baths; - Each home features its own private pool; - Located just one block from Duval Street
    (305) 294-5155
    Request Owner's contact information
    421 Simonton St Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 Simonton St Key West, FL 33040
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