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1401 Simonton Street # 11, Key West, FL 33040

$1,250,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 958 Status: Active
Current Price: $1,250,000 List Date: 3/11/2026 Last Modified: 4/07/2026

Overview

Description

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 ...

Listing Details MLS# 619022

Location, Tax & Legal

Street #
1401
Street Name
Simonton
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Filer Boyle Sub (1.0)
Area
01 - Key West
KW Neighborhood
Old Town-S of Truman
Unit #
# 11
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE,AE,AE
Alternate Key #
9087696
Parcel #
00036231001100
Zoning
HCT - Historic Commercial Tourist
Deed Restrictions
Unknown
Legal
Unit 11 The Santa Maria Resort Condominium Or2265-357/477Dec Or2286-204
Taxes
8415.44
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association

General Property Description

Realtor.COM Type
Residential - Condo/Townhouse
Style
Condo
Waterfront
No
Pool
Yes
Year Built
2006
Lot Sqft Source
Tax Records
Living Apx SqFt
958
SqFt Source
Tax Records
Total Bedrooms
2
Full Baths
2
Total Baths
2
Rentals Allowed
Yes
Control Depth
0
Lot SqFt
0
Total Units
0
Acres
0

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
No
Association Fee $
3215.46

License Info

Transient Rntl Licns
Yes

More Information

Building Style

Above Flood
Yes

Vehicle Storage

Car(s)
Yes
Off Street Parking
Yes

Remarks & Misc

Remarks – Consumer
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.

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Common Area Mnt
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes
Wine Cooler
Yes

Pets

No Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Heat Pump
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Combo
Yes
Marble
Yes
Tile
Yes

Neighborhood Feature

Beach
Yes
Handicap Facilities
Yes
Manager on Premises
Yes

Interior Features

Built-in Cabinets
Yes
Granite Counter Top
Yes
Lobby
Yes
Pantry
Yes
Smoke Alarms
Yes
Split Bedroom
Yes

Specialty Rooms

Laundry Room
Yes

Windows/Doors

Glass Doors
Yes
Impact Rstnce Window
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

Elect Separate Meter
Yes
FKAA
Yes
Water Separate Meter
Yes

Exterior Features

Fencing
Yes
Lighting
Yes
Sprinkler System
Yes
Water Display
Yes

Pool Info

In Ground
Yes
Concrete
Yes

Roof

Concrete Roof
Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Central Air; Heat Pump Utilities: Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Built-in Cabinets; Granite Counter Top; Lobby; Pantry; Smoke Alarms; Split Bedroom Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Fencing; Lighting; Sprinkler System; Water Display Pool Info: In Ground; Concrete Construction: CBS; Concrete Floor: Combo; Marble; Tile Roof: Concrete Roof Pets: No Pets Allowed Neighborhood Feature: Beach; Handicap Facilities; Manager on Premises Land Size: Less Than 1/4 Acre
Listing Office: Century 21 All Keys Inc (KW)
Last Updated: April - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.