Search
Single-Story Corner Office Building
For Sale
$1,850,000

701 Simonton St, Key West, FL 33040

Single-story corner office building with private offices, reception, central air, and drive-through parking.

Property Size1,745 SF
Lot Size0.15 Acres
Price / SF$1,060
Days on Market86

Property Features for 701 Simonton St

General Information

Standard status Active
Size 1,745 SF
Total Parking Spaces 8
Lot size 0.15 Acres
Zoning HNC-1

Additional Details

Office Units 5

Building Details

Year Built 1938
Stories 1
Listing Agency: Coldwell Banker Schmitt RE Co
Listed By: Sean Farrer · License #3168212
Source: Chenoregroup
Added: Jun 22 Changed: Sep 12 Last Checked: Sep 14 at 4:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt RE Co

Investment Insights

Based on property information with market context.

701 Simonton Street is a single-story commercial office building on a corner lot, offering 1,745 square feet of interior space. The current layout includes five private offices, a reception/lobby area, storage, central air conditioning, and a security system. The building is frame construction with a metal roof, and the property is noted to be in an X flood zone. It also features a drive-through parking layout and 8+ off-street parking spaces.

The property is positioned on a highly visible corner of Simonton and Angela Streets in Old Town Key West. It sits within the Historic Neighborhood Commercial (HNC-1) zoning district, supporting a neighborhood-oriented commercial setting with convenient on-site parking.

This configuration is well suited for an owner-user or operator seeking a straightforward office arrangement with dedicated rooms for private work and a reception area for customer or client interaction. The on-site parking and drive-through access can help streamline arrivals, while the existing central HVAC and security system support daily operating needs. With HNC-1 zoning and a corner location, the building may also fit buyers looking for a flexible commercial office option in a well-established, walkable area.

Key Highlights

  • Single‑story commercial building built in 1938 with 1,745 SF of interior space
  • Corner lot at Simonton St & Angela St with 6,510 SF lot and central air conditioning
  • Drive‑through parking layout plus 8+ off‑street parking spaces

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Two Oceans Digital Marketing & Advertising

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store Garden Center Daycare Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units

Location Intelligence

Trade Area within ½ mile

3,710
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Single-story corner office building with private offices, reception, central air, and drive-through parking.
Where is this office units located?
The property is located at 701 Simonton St Key West, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Single‑story commercial building built in 1938 with 1,745 SF of interior space; Corner lot at Simonton St & Angela St with 6,510 SF lot and central air conditioning; Drive‑through parking layout plus 8+ off‑street parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message