723 Eaton ST, Key West, FL 33040
723 Eaton ST, Key West, FL 33040
723 Eaton ST, Key West, FL 33040
723 Eaton ST, Key West, FL 33040
723 Eaton ST, Key West, FL 33040
723 Eaton ST, Key West, FL 33040
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Listed by Jennifer M Newman Truman & Co. (KW)
$ 6,450,000
Est. payment | /mo

7 Beds

9 Baths

3,739 SqFt


Save
$ 6,450,000
Est. payment | /mo
Save

7 Beds

9 Baths

3,739 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,739 sqft

Price per Sqft $1,725

Subdivision Old Town - Unrecord (1.0)

MLS Listing ID 621458

Style Above Flood,Conch

Bedrooms 7

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 1933

Annual Tax Amount $24,724

Tax Year 2025

Lot Size 8,421 Sqft

Acres 0.19

Property Sub-Type Multi-Units

Land Area 3739

Property Description

A rare opportunity in the heart of Old Town Key West's coveted Seaport neighborhood, this exceptional multi-residence property combines the charm and architectural character of historic Key West with the comfort, quality and convenience of newly constructed living. Thoughtfully designed to retain the home's traditional aesthetic, the property offers remarkable flexibility as a private compound, multigenerational residence or sophisticated investment property, with beautifully finished interiors, resort-style outdoor spaces and exceptional parking for the neighborhood. The main residence is a legal triplex, with each home offering its own privacy and character and 3 off street parking spaces. At the front of the property, a charming 1-bedroom, 1-bath residence occupies the first floor and opens to a generous covered porch and private yard. A separate side entrance leads to a distinctive three-story, 2-bedroom, 2.5-bath residence with its own side porch and upper levels overlooking the front of the property. Occupying the rear portion of the main house is the largest residence, a spacious 3-bedroom, 3.5-bath home arranged entirely on the main living level. Beautifully finished interiors open to a lush tropical retreat with a private pool, fountains, expansive patios, outdoor dining and multiple lounging areas. An unfinished basement offers exceptional potential for a wine cellar, tasting room or collection space. A landscaped walkway leads to a separate 1-bedroom, 1-bath cottage fronting Peacon Lane, with a private rear deck, outdoor dining area and two-car off-street parking. Importantly, the Peacon Lane residence sits on its own separate legal parcel, providing the rare flexibility for it to be owned or sold independently from the main property should a future owner ever choose to do so. Just beyond the gates, the waterfront, restaurants, galleries, shops and historic sites are all within an easy walk in one of Old Town Key West's most desirable neighborhoods.

Location

State FL

County Monroe

Area 01 - Key West

Zoning HMDR - Historic Medium Density Residential

Direction West side of Eaton Street between William & Elizabeth

Interior

Appliance Freezer, Dryer, Washer, Dishwasher, Disposal, Oven, Refrigerator

Exterior

Pool Heated, In Ground

Utilities Available FKAA, Municipal Sewer

Waterfront Description None

Garage No

Private Pool Yes

Building

Architectural Style Above Flood, Conch

Others

HOA Fee Include None

Tax ID 00003400000000

Pets Allowed Yes

Nearby Locations

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Jimmy Lane

Jimmy Lane

Broker License ID: 664783

+1(305) 766-0585

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723 Eaton ST