Excellent income producing rental property and/or employee housing with multiple units. All apartments are currently rented at below market rents. With its downtown location, low flood risk, and turn-key income, this property is perfectly positioned for savvy investors. Three 1bed 1bath units, One 2 bed 1 bath separate cottage. One studio. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.
For sale
$2,450,000
1122 Simonton St, Key West, FL 33040
6beds
2,587sqft
Est.:
Multi Family
Built in 1913
-- sqft lot
$-- Zestimate®
$947/sqft
$-- HOA
What's special
- 50 days
- on Zillow |
- 288 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 05, 2025 at 03:08am
Listed by:
Dustan Carpenter 305-304-7873,
Berkshire Hathaway HomeServices Knight & Gardner Realty
Source: FLKMLS,MLS#: 615386
Originating MLS: Key West Association

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Refrigerator, Gas Appliances, Oven, Range
Interior area
- Total interior livable area: 2,587 sqft
Property
Features
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 4,867 Square Feet
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00027610000000
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA, Cable Available, Propane
Community & HOA
Community
- Subdivision: Old Town - Unlisted (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $947/sqft
- Tax assessed value: $1,340,479
- Annual tax amount: $11,324
- Date on market: 6/10/2025
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