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701 Simonton St 1,745 SF 100% Leased Office Building Key West, FL 33040 $1,850,000 ($1,060.17/SF)
Investment Highlights
- Highly visible corner in the heart of Old Town Key West
- X Flood Zone
- Plenty of off street parking
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,745 SF
Year Built
1938
Price
$1,850,000
Price Per SF
$1,060.17
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,745 SF
Building FAR
0.27
Lot Size
0.15 AC
Zoning
HNC-1 - Zoning description in documents
1 1
Exceptionally walkable
100/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
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701 Simonton St
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