1401 Simonton Street, Key West, Florida, United States

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Home For Sale

$2,000,000

1401 Simonton Street
Key West, Florida, United States

2bd 2ba 958 sqft

Listed By: Homes & Land Magazine

Listed On: 12/11/2024

Listing ID: GL12003792 View More Details

Description

This second-floor luxury condo is ideally situated just one block from the beach and the iconic Southernmost Point, offering the perfect balance of vacation living and income potential. As a high-demand rental property with an impressive occupancy rate, it presents an excellent opportunity for a 1031 exchange, especially with on-site management ensuring seamless service for guests.The property#039;s amenities elevate the experience--guests can unwind at the poolside open bar, where beer, wine, and soft drinks are served to enhance their stay. With prime proximity to renowned fine dining, vibrant Duval Street, and the beach just steps away, this condo is positioned to attract affluent vacationers looking for a premium experience.Whether you#039;re seeking a luxurious getaway for yourself or an income-generating investment, this exceptional condo promises both lifestyle and return on investment.