About This Home

This 0-bedroom, 2-bathroom commercial at 701 Simonton Street in Key West, FL is listed for $1,850,000 ($1,060 per sqft). Built in 1938, the home offers 1,745 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1938
  • 0.15 acre lot

Property Details

1 story
2 half
1938

Amenities

ViewA/C
Listing Description

701 Simonton Street offers a standout commercial presence in the heart of Old Town Key West, positioned on the highly visible corner of Simonton and Angela Streets. This single-story commercial building features 1,745 square feet of functional interior space on a 6,510 square foot lot, with 8+ off-street parking spaces and a convenient drive-through parking layout.

The existing floor plan includes five private offices, a reception/lobby area, storage, central air conditioning, and a security system, creating flexibility for many uses. Frame construction, a metal roof, and an X flood zone location add practical appeal for an owner-user or investor.

Located in the Historic Neighborhood Commercial (HNC-1) zoning district, this corner property offers strong visibility, convenient access, and rare on-site parking in one of Key West's most established and walkable Old Town locations. Located in the Transient rental License Transfer receivership zone as shown in the map attached.

Monthly Cost Estimate

$9,894/mo

20% down · 6.5% · 30 years

Principal$1,338
Interest$8,017
Insurance$540

Estimates only. Actual payments may vary.

Location

701 Simonton Street

Key West, FL 33040

Old Town - Unrecord (1.0)

Features & Amenities

Interior Features

Smoke AlarmsEntrance FoyerFurnished

Property Details

Flooring

CarpetTile

Construction

Frame Combo Construction

Views

Water

Heating

Ductless (Heating)

Cooling

Central AirHeat Pump

Appliances

Refrigerator

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 701 Simonton Street is listed at $1,850,000 ($1,060/sqft). The estimated monthly payment is $9,895 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 0.15 acre lot. Interior Features: Smoke Alarms, Entrance Foyer, Furnished.

This property is listed by Sean Farrer, P.A..

SP

Sean Farrer, P.A.

Agent at Coldwell Banker Schmitt Real Estate Co. (KW)

Listed by Coldwell Banker Schmitt Real Estate Co. (KW) · Broker phone: (305) 296-7727 · Broker website

MLS# 620342· Source: Key West Association of Realtors· 136 days on PropertySimple

Copyright © 2026 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.

701 Simonton Street, Key West, FL 33040

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