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For sale
  • $1,250,000

    1401 Simonton St #11, Key West, FL 33040

    2beds
    958sqft
    : 
    $10,440/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $1,183,300 Zestimate®
    $1,305/sqft
    $3,215/mo HOA

    What's special

    Two-bedroom two-bathroom condominium residenceTwo private bedroom suitesQuiet resort settingOff-street parkingFitness centerSingle-level unitFull kitchen
    This two-bedroom, two-bathroom condominium residence at Santa Maria Suites Resort offers both personal use and strong rental income potential. One of the resort's limited single-level units, the property produces nearly $200,000 in annual gross rental income and allows for transient nightly rentals. The floor plan features a generous living and dining area, full kitchen, and two private bedroom suites. Located just steps from iconic Duval Street, the property provides convenient access to Old Town restaurants, shops, and nightlife while maintaining a quiet resort setting. Resort amenities include swimming pool, fitness center, and off-street parking. Planned improvements to the residences, pool, and fitness areas are scheduled for completion in 2027. The current owner has paid the majority of the special assessment associated with these upgrades. Owners may choose their own rental management company or participate in the on-site program. Suitable for buyers seeking an income-producing investment, second home, or a combination of both.
    157 days
    |
    418
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ralph J Sanchez 305-304-0090,

    Century 21 All Keys Inc (KW),

    Daniel Sanchez 305-896-7253,

    Century 21 All Keys Inc (KW)

    Source: FLKMLS,MLS#: 619022MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Heat Pump, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Wine Cooler, Stainless Steel Appliance(s)
      • Laundry: Laundry Room
      Features
      • Built-in Features, Granite Counters, Lobby
      • Flooring: Tile, Combination, Marble
      Interior area
      • Total structure area: 958
      • Total interior livable area: 958 sqft

      Property

      Accessibility
      • Accessibility features: Handicap Facilities
      Features
      • Exterior features: Lighting, Water Display
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • Fencing: Fenced
      Details
      • Parcel number: 00036231001100
      • Zoning: HCT - Historic Commercial Tourist
      • Other equipment: Irrigation Equipment

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • CBS, Concrete
      Condition
      • Year built: 2006

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter

      Community & HOA

      Community
      • Features: Manager on Premises, Beach
      • Subdivision: Filer Boyle Sub (1.0)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Structure, Insurance, Common Area Mnt
      • HOA fee: $3,215 monthly
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $1,305/sqft
      • Tax assessed value: $971,238
      • Annual tax amount: $8,415
      • Date on market: 3/11/2026

        Estimated market value

        $1,183,300

        $1.12M - $1.24M

        $4,282/mo

        Price history

        DateEventPrice
        3/11/2026Listed for sale$1,250,000-10.4%$1,305/sqft
        Source: Key West AOR #619022 Report a problem
        6/30/2025Listing removed$1,395,000$1,456/sqft
        Source: Key West AOR #609394 Report a problem
        5/1/2025Price change$1,395,000-12.8%$1,456/sqft
        Source: FLKMLS #609394 Report a problem
        8/12/2024Listed for sale$1,600,000$1,670/sqft
        Source: Key West AOR #609394 Report a problem
        7/30/2024Contingent$1,600,000$1,670/sqft
        Source: Key West AOR #609394 Report a problem
        4/1/2024Listed for sale$1,600,000+30.1%$1,670/sqft
        Source: Key West AOR #609394 Report a problem
        4/10/2007Sold$1,230,000$1,284/sqft
        Source: FLKMLS #105533 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,415 +3.6%$945,206 +10%
        2024$8,124 +4.1%$859,279 +10%
        2023$7,800 +15%$781,163 +10%
        2022$6,786 +11.6%$710,149 +10%
        2021$6,081 +0.3%$645,590
        2020$6,060 $645,590 +1.1%
        2019$6,060 +0.7%$638,664 +7.3%
        2018$6,019 +6.3%$595,297
        2017$5,664 +3.9%$595,297
        2016$5,453 +0.1%$595,297
        2015$5,448 $595,297
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Upper Duvall

        Getting around

        79 / 100
        Very Walkable
        28 / 100
        Some Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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