611 Simonton Street - Old Town - Key West

611 Simonton Street in 1965

611 Simonton Street Old Town Key West October 2010

Just listed, but not by me, 611 Simonton Street in Old Town. You may recognize this great old house as it is located adjacent to the Conch Republic Embassy on Embassy Row in Key West. Priced at $699,000.

The Conch Republic Limo is parked next door to 611 Simonton Street

The listing Realtor describes this property this way:

"This is a wonderful spacious home which has a great covered outdoor entertainment area with a Fire-place. The Master-bedroom with balcony and master-bath is located upstairs. Downstairs is featuring a large open Living-area, two Bedrooms, 2.5 Bathrooms, separate Dining-room and Utility-room."

The original house was built in 1953 and was enlarged sometime later both downstairs and by adding the second prominent second story. The house now measures 2080 sq ft. The lot is an oddly shaped 3908 sq ft that wraps around the rear of the adjacent commercial two story building next door. This property is zoned HNC-1 which is short for Historic Neighborhood Commercial-1. Uses for this zoning include include residential (including single family, duplex, and multi-family) and limited commercial including professional offices, banking and financial services, personal service shops, specialty shops, limited retail, transient accommodations and guest cottages. Rather than rely on what I write, do your own investigation to determine suitability for the use you intend. CLICK HERE to read the City of Key West zoning ordinances and consult with your own attorney. Just because some use may be permissible does not mean you will necessarily be able to do what you want.

I have not been inside this property. I could not locate any recent listing for this property either. The Google aerial photo CLICK HERE suggests there may be room for a pool in the rear if the pool would not interfere with the root system of the neighboring trees. You never what to expect in a place like this. There is always something to learn and often something to capitalize upon.

CLICK HERE to review the Key West mls listing data sheet and to view interior photos for this property. If you would like to see this property, please consider working with me, Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida. Our office is the Exclusive Lower Florida Keys affiliate of Christie's Great Estates.

Old Town Key West - Commercial - Location

514 Southard Street - Key West

If you are an investor or user looking for commercial space in Old Town Key West with a great "just off Duval Street" location, the new listing at 514 Southard Street may be the property you have been trying to find. I know the location quite well because our offices at immediately next door. A more notable landmark is Bank of America's Old Town location which is next door to the right of the new listing. Click the MAP for both aerial and street views of the location.

This property is located about 200 feet east of the intersection of Duval and Southard Streets. CLICK HERE, you'll recognize that location for sure. Southard Street is a major feeder (one way) street for locals and tourists that make the pilgrimage to Duval. The seller is the current user of this building and it would "consider a leaseback". Seller is credit union that is in a conservatorship.

The county records show that the building was constructed in 1957. Just below you will see how snazzy it looked back in 1965 and what is looks like in 2010.

514 Southard Street Key West as it looked in 1965 (above)

July 3, 2010

Bank of America and 514 Southard have ATMs that are non-stop day & night

The listing Realtor describes 514 Southard Street this way:

"Affordably priced office building on Southard Street just steps from world famous Duval Street. This building is perfect for any type of office or professional service use. The building contains and extensive build-out of multilevel professional office space. The property contains a rear parking area. Seller would consider a sale leaseback. Priced at a recently appraised value."

Below you will see some photos of the rear parking area. Notice the covered awning. That area used to house a private mortgage brokerage company totally separate from the credit union up front. Also notice the enclosed walkway between the two buildings. This space is locked at night but during the daytime it provides quick access to Southard Street up front.


The building has 2900 sq ft of space on two levels. The asking price is $800,000 or $361 per sq ft. Zoning is HNC-1 which is short for Historic Neighborhood Commercial-1. Uses for this zoning include include residential (including single family, duplex, and multi-family) and limited commercial including professional offices, banking and financial services, personal service shops, specialty shops, limited retail, transient accommodations and guest cottages. Rather than rely on what I write, do your own investigation to determine suitability for the use you intend. CLICK HERE to read the City of Key West zoning ordinances and consult with your own attorney. Just because some use may be permissible does not mean you will necessarily be able to do what you want.

I did a quick search of comparable office and commercial space in the immediate Old Town vicinity so you can do your own price comparison. CLICK HERE to view. The average price on all of the properties is $429 per sq ft. But you need to compare location, construction, availability of parking in this mix.

CLICK HERE to see the mls listing info on this property. But better than that, please contact me, Gary Thomas, 305-766-2642 or send me an email at kw1101v@aol.com if you would like to schedule a showing on this property. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.