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Licensed Short-Term Rental Estate
For Sale
Contact for pricing
Pending

525 Simonton St, Key West, FL 33040

Two separately configured residences offer private pools, guest accommodations, and central Old Town access.

Property SizeContact for details
Days on Market142

Property Features for 525 Simonton St

General Information

Standard status Pending
Property subtype Hospitality

Additional Details

Road Access Yes
Multifamily Units 2

Amenities

pool
off-street parking
outdoor bar

Building Details

Buildings 2
Listing Agency: Island Home Realty
Listed By: Paige Bethel · License #FL # 3382346
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:17PM

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 Island Home Realty

Investment Insights

Based on property information with market context.

The property combines a seven-bedroom mansion with a four-bedroom villa, creating two distinct residential accommodations within one estate. The mansion includes guest rooms with baths, formal living and dining areas, a kitchen opening to a private pool, multiple balconies, and a third-floor suite with living space and wet bar. The villa features a full kitchen, living room, private pool, and outdoor bar, with a renovation completed to the studs in 2014. The mansion received updated paint and furnishings in July 2022.

Located at 525 Simonton St in Key West, the property is one block from Duval Street and includes off-street parking. Two transient licenses support use as an 11-bedroom, 11-bath estate or as separate seven-bedroom and four-bedroom residences.

Key Highlights

  • 11‑bedroom, 11‑bath estate configuration
  • Two transient licenses support separate or combined rental operation
  • Seven‑bedroom mansion plus four‑bedroom villa

Property Analytics

Current Use

Short term rental ...

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

2
Residential units
Yes
Paved road access

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two separately configured residences offer private pools, guest accommodations, and central Old Town access.
Where is this short term rental property located?
The property is located at 525 Simonton St Key West, FL.
What are key features of this property?
This property features: 11‑bedroom, 11‑bath estate configuration; Two transient licenses support separate or combined rental operation; Seven‑bedroom mansion plus four‑bedroom villa
(305) 395-0550 Call to check price and availability
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