$1,425,000

1401 Simonton Street 16, Key West, FL 33040

  • 2 beds |
  • 2 baths |
  • 958 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,487/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
Suzanne Moore Real Estate : (305) 797-0699
Listing Agent:
Suzanne M Moore : (305) 797-0699
MLS ID:
613626
  • General: Drapes/Blinds InclWindow TreatmentsFire SprinklerGranite Counter TopBuilt-in Cabinets
  • A/C: Central Air

This listing courtesy of Suzanne M Moore, Suzanne Moore Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

May Sands Montessori School

1400 United St Ste 110, Key West, FL, 33040

Grades PK-8

0.47 miles away

M

May Sands Montessori School

1400 United St Ste 110, Key West, FL, 33040

Grades PK-8

0.47 miles away

K

Keys Center

1105 Leon St, Key West, FL, 33040

Grades 7-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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