$1,850,000
Key West, FL 33040
MLS# 620342
2 baths | 1745 sqft
1 / 35
Property 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.
Details
Maps
Contract Information
Current Price: $1,850,000
Listing Date: 2026-06-19
Listing Board: Key West Association
Monthly Rent: $1,850,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 701
Street Name: Simonton
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 70 X 93
Lot SqFt: 6510
Waterfront: No
# Parking Spaces: 8+
Off Street Parking: Yes
# Stories: 1
Total # Buildings: 1
Building SqFt: 1745
SqFt Source: Property Data Card
Living Apx SqFt: 1745
Year Built: 1938
Half Baths: 2
Total Baths: 2
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Property Info
# Refrigerators: 1
Vehicle Storage
Car(s): 4+
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Type: Office Buildings; Professional Service; Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Common Parking; Guest Parking; Off Street Parking; Trailer Storage
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Heating: Ductless
Utilities: Buyer to Verify; FKAA; Municipal Sewer; Separate Meters
Interior Features: Drapes/Blinds Incl; Entrance Foyer; Furnished; Smoke Alarms
Appliances: Refrigerator
Miscellaneous: High Traffc Location; High Visibility; Security System
Construction: Combo Construction; Frame
Shutters: Panel; Other
Floor: Carpet; Tile
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
Terms: Buyer Obtain Finance; No Seller Finance
Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)
Last Updated: October - 28 - 2026
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