723 Eaton Street, Key West, FL 33040
$5,950,000
Property Type:
Residential
Bedrooms:
6
Baths:
8
Square Footage:
4,094
Lot Size (sq. ft.):
6,887
Status:
Active
Current Price:
$5,950,000
List Date:
12/15/2025
Last Modified:
5/20/2026
Description
Private Old Town property with built-in income and exceptional flexibility. Ideally located near the Historic Seaport and Fausto's, this three-residence property is currently configured with two leased units generating immediate income and a separate 3-bedroom owner's residence with pool.
The rear owners unit offers 3 bedrooms and 3.5 baths with direct access to the tropical courtyard pool, while the upper 2-bedroom, 2.5-bath apartment and elegant Eaton Street facing 1-bedroom, 1-bath cottage provide established rental opportunities.
Gated, private, and complete with three off-street parking spaces, this is a rare opportunity to live in the heart of Old Town while your property works for you--or maximize returns with a fully income-driven approach.
More Information MLS# 617710
Contract Information
Current Price: $5,950,000
Listing Date: 2025-12-15
Listing Board: Key West Association
List Price: $5,950,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 723
Street Name: Eaton
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Multi-Units
Waterfront: No
Pool: Yes
Year Built: 2020
Total Units: 3
Lot SqFt: 6887
Lot Sqft Source: Tax Records
Acres: 0.19
Living Apx SqFt: 4094
SqFt Source: Tax Records
Total Bedrooms: 6
Full Baths: 6
Half Baths: 2
Total Baths: 8
Rentals Allowed: With Restrictions
Min Rental Days: 30
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Financial Status
Standard Sale: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: New Construction
Vehicle Storage: Off Street Parking
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air; Ductless
Heating: Ductless
Utilities: FKAA; Municipal Sewer
Interior Features: Dade County Pine; Sky Light(s)
Appliances: Stainless Steel Appliance(s)
Exterior Features: Lighting; Rain Gutters; Sprinkler System; Water Display
Pool Info: Concrete; Decked
Construction: Frame
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Other Area Features
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Listing Office: Preferred Properties (KW)
Last Updated: May - 20 - 2026
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