410 Simonton Street - Old Town - Key WestThe 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:
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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