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.
For sale
$1,250,000
1401 Simonton St #11, Key West, FL 33040
2beds
958sqft
Condominium, Residential - Condo/Townhouse
Built in 2006
-- sqft lot
$1,178,100 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
- 111 days |
- 407 |
- 12 |
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#: 619022
Originating MLS: Key West Association
Originating MLS: Key West AssociationLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s), Heat Pump
Appliances
- Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Split Bedroom, Built-in Cabinets, Granite Counters, Pantry
- Flooring: Tile, Marble, Combination
- Doors: Glass Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 958 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Features
- Exterior features: Water Display, Sprinkler System, Lighting
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00036231001100
- Zoning: HCT
- Zoning description: Historic Commercial Tourist
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential - Condo/Townhouse
Materials
- CBS, Concrete
- Roof: Concrete
Condition
- Year built: 2006
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA
Community & HOA
Community
- Features: Manager on Premises, Beach, Handicap Facilities
- Security: Smoke Detector(s)
- Subdivision: Filer Boyle Sub (1.0)
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds, Building Insurance
- 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
$1,178,100
$1.12M - $1.24M
$4,267/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $1,250,000-10.4%$1,305/sqft |
Source:  Key West AOR #619022 Report a problem | ||
| 6/30/2025 | Listing removed | $1,395,000$1,456/sqft |
Source: Key West AOR #609394 Report a problem | ||
| 5/1/2025 | Price change | $1,395,000-12.8%$1,456/sqft |
Source:  FLKMLS #609394 Report a problem | ||
| 8/12/2024 | Listed for sale | $1,600,000$1,670/sqft |
Source: Key West AOR #609394 Report a problem | ||
| 7/30/2024 | Contingent | $1,600,000$1,670/sqft |
Source: Key West AOR #609394 Report a problem | ||
| 4/1/2024 | Listed for sale | $1,600,000+30.1%$1,670/sqft |
Source: Key West AOR #609394 Report a problem | ||
| 4/10/2007 | Sold | $1,230,000$1,284/sqft |
Source: FLKMLS #105533 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $595,297 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Upper Duvall
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.8 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- Upper Duvall
- 1401 Simonton St Unit 11
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