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$1,850,000

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 701 Simonton St

General

  • Price: $1,850,000
  • Taxes: $10,617 (2025)
  • Status: Active
  • Type: Commercial
  • Source: 927
  • MLS ID: 620342
  • Updated: 6/19/2026
  • Added to Site: 70 day(s) ago

Interior

  • Interior Features: Entrance Foyer, Drapes/Blinds Incl, Smoke Alarms, Furnished
  • Appliances: Refrigerator
  • Flooring: Tile, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Half Bathrooms: 2

Parking

  • Parking Features: Trailer Storage, Common Parking, Guest, Off Street

Location

  • Area: 01 - Key West
  • County: Monroe
  • Subdivision: Old Town - Unrecord (1.0)
  • Driving Directions: Take US 1 south to Key West. Stay on US 1 until it turns into Truman Avenue. From Truman Ave take a right on Simonton St and proceed to 701 Simonton St.

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans(s), Heat Pump, Central Air
  • Heating Type: Ductless

Structural Information

  • # Buildings: 1
  • Construction: Combo Construction, Frame
  • Roof: Metal
  • Windows/Doors: Aluminum Windows, Glass Doors, Single Hung Windows, Shutters
  • Stories/Levels: 1
  • Square Feet: 1,745
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1938

Lot Features

  • Property View: No Waterview
  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,510
  • Lot Dimensions: 70 x 93
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $10,617.68
  • Tax Year: 2025
  • Terms: No Seller Finance, Buyer Obtain Finance

Disclosures and Reports

  • Legal Description: Kw Pt Lot 1 Sqr 1 Tr 4 G12-468
  • Flood Zone: X Zone
  • APN: 15470000000

Listed by Coldwell Banker Schmitt Real Estate Co. (KW), Sean Farrer, P.A. (305) 924-0700 and Coldwell Banker Schmitt Real Estate Co. (KW), Brian C Schmitt (305) 289-6482

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Listing agents

— 701 Simonton St —

  • Sean Farrer, P.A.

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • Brian C Schmitt

    Coldwell Banker Schmitt Real Estate Co. (KW)

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 Simonton St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Horace O'bryant School
1105 Leon Street, Key West, FL 33040
6-80.9 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 Simonton St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,850,000
28.7%
MLS
10/31/2007
Sold
$1,437,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 Simonton St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,618
5%
$1,335,472
-6%
2024
$10,154
4%
$1,426,172
—
2023
$9,751
32%
$1,422,294
72%
2021
$7,413
-2%
$825,589
-6%
2022
$7,603
3%
$882,877
6%
2021
$7,413
2%
$832,817
26%
2019
$7,292
5%
$659,673
10%
2018
$6,965
31%
$599,704
10%
2017
$5,315
-4%
$545,185
1%
2016
$5,525
6%
$537,233
9%
2015
$5,206
-4%
$492,367
—
2014
$5,402
-2%
$491,945
-1%
2013
$5,531
—
$498,040
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 701 Simonton St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Schmitt Real Estate Co. (KW), Sean Farrer, P.A. (305) 924-0700 and Coldwell Banker Schmitt Real Estate Co. (KW), Brian C Schmitt (305) 289-6482

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701 Simonton Street, Key West, FL 33040 (MLS# 620342) is a Commercial property. 701 Simonton Street is currently listed for $1,850,000 and was received on June 19, 2026. Want to learn more about 701 Simonton Street? Do you have questions about finding other Commercial real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

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