Luxury Condo with Transient Nightly Rental in Key West now at exceptional Value. With a projection of $200,000 plus in revenue in 2025, this Investment offers an excellent return. In additional, the new owner will receive a $51,000 refurbishment bonus that will transfer at closing. Buyer can choose their own management company or choose to negotiate with the existing on-site company. All current reservations up to 180 days from closing must be honored. Santa Maria Resort was built in 2006, a contemporary design with comfort and Luxury as the center of it's design and continues to be one of the Top Resorts on the Island year after Year. This unit was one of the few one level units overlooking the pool and captures a sense of serene tranquil living where you can relax on the Poolside porch and enjoy all the fruits of Resort Style Living. Being Sold Turn Key with all reservations in place allowing a seamless transition to the new owner. Resort Features include, Off Street Parking, 24 Hr Gym, Concierge, large Heated Pool and so much more.
For sale
Price cut: $50K (4/15)
$1,425,000
1401 Simonton St #16, Key West, FL 33040
2beds
958sqft
Est.:
Condominium, Residential - Condo/Townhouse
Built in 2006
-- sqft lot
$1,353,000 Zestimate®
$1,487/sqft
$3,013/mo HOA
What's special
Overlooking the poolPoolside porchLarge heated poolSteps from the ocean
- 78 days
- on Zillow |
- 452 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 03:49am
Listed by:
Suzanne M Moore 305-797-0699,
Suzanne Moore Real Estate
Source: FLKMLS,MLS#: 613626
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: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Granite Counters, Built-in Cabinets
- Windows: Drapes/Blinds Incl, Window Treatments
- Furnished: Yes
Interior area
- Total interior livable area: 958 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Open, Off Street, Guest
- Has uncovered spaces: Yes
Features
- Patio & porch: Lanai
- Exterior features: Lighting
- Pool features: Heated, In Ground, Lap
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00036231001600
- Zoning: HCT
- Zoning description: Historic Commercial Tourist
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA, Cable Connected
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Filer Boyle Sub (1.0)
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds, Building Insurance
- HOA fee: $3,013 monthly
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,487/sqft
- Tax assessed value: $983,247
- Annual tax amount: $8,176
- Date on market: 2/10/2025
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