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Thursday, October 27, 2011

Lady in Waiting - 410 Simonton Street - Old Town - Key West

410 Simonton Street - Old Town - Key West

The new listing at 410 Simonton Street is truly a Lady in Waiting-waiting for that special someone to come in and restore the house and grounds to the trophy property it should be once again. It's not that the property as it now exists is bad. It isn't. It just is not as good as it could be. In fact, it could be grand.

The listing agent provides this bare bones description of 410 Simonton Street:
"One of Key West's most beautiful houses. True history resounds in this one of a kind home. Paintings from the 1880's are featured in the front parlor on the ceiling and walls. Currently in use as a 5 unit rental property with rental income of $7,900/month. This house is a great candidate to remodel as a single family home."

This property is offered at $900,000 or $288 per sq ft for the 3123 sq ft house plus attached living units. The lot is 60' x 106' (6036 sq ft). I wnt digging in the shoe box and found two old black and white photos that show the house in earlier times. The Monroe County Property Appraiser noted that the house was built in the 1870s but was not specific as to the exact date. The old gal still looks pretty good for being over 140 years old. CLICK HERE to view the Key West mls data sheet on this property.

If you would like to see this property, please call me, Gary Thomas, 305-766-2642. I am a buyer's agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West. This is a great buying opportunity for someone who wants a truly beautiful home in Old Town Key West.

1 comment:

Anonymous said...

This is the third multi unit property on Simonton to come on to the market. The other two have been sitting and this one is the highest priced. Looks like a tough sell to me.


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Gary Thomas in a Nutshell

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Key West, Florida, United States
I first read about Key West in a magazine called "After Dark" sometime in the mid 1970's. But it wasn't until March 1984 that I made my first visit to the island that would become my home. I had two weeks for a vacation and reserved a room at Colours Guesthouse (now Marrero's Guest House) for one week. I thought that if I didn't like Key West, I could always go back to Miami or Ft. Lauderdale for the rest of my trip. But after a couple of days in Key West, that was no longer a consideration. But when I wanted to extend my stay for the extra week I found there was no room at the inn. The guesthouse owner did find me a room at LaTeDa, the infamous guesthouse/restaurant. That's a story I'll write another day. But those two weeks in Key West gave me the realization that I had found Paradise. Key West has been my home since 1993 and my only regret is that it took me so long to get here. I am a full time Realtor at Preferred Properties CRI. Let me help you find your new home or business in Paradise. Living in Paradise is not a slogan, it's a way of life.