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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$6,450,000
723 Eaton Street
Key West, FL 33040
MLS# 621458
7 beds  |  9 baths  |  3739 sqft


Eaton - Street View
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Eaton - Street View Eaton Street Island View Eaton Driveway to Back 3 bedroom + pool Eaton Eaton Pool Eaton Eaton Eaton Eaton Back Unit Living Room Back Unit Back Unit Back Unit Back Unit Kitchen Back Unit Back Unit Back Unit Back Unit Back Unit 1/2 Bath off pool Back Unit Bedroom Suite 1 Back Unit Back Unit Back Unit Bath Suite 1 Back Unit Back Unit Back Unit Laundry Back Unit Bedroom Suite 2 Back Unit Back Unit Back Unit Bath Suite 2 Back Unit Back Unit Bedroom Suite 3 Back Unit Back Unit Back Unit Bath Suite 3 Back Unit Back Unit Outdoor Dining Back Unit Back Unit Unfinished Basement AI Designed Finished Basement Front Unit 1 Bedroom Front Porch Front Unit Front Unit Living Room Front Unit Front Unit Front Unit Dining Front Unit Kitchen Front Unit Bath Front Unit Bedroom Front Unit Front Unit Peacon Lane Cottage Parking Cottage Backyard Cottage Outdoor Dining Cottage Laundry Cottage Living Room Cottage Cottage Kitchen Cottage Cottage Cottage Bedroom Cottage Cottage Bath Eaton Parking for 2 bedroom Multi Level Unit 2 Bedroom Unit - Porch and Entry on the Side of Eaton House Multi Level Unit Living Room Multi Level Unit 1/2 Bath Multi Level Unit Kitchen Multi Level Unit Multi Level Unit 2nd Floor Bedroom 1 Multi Level Unit Multi Level Unit Bedroom 1 Bath Multi Level Unit Multi Level Unit Multi Level Unit 3rd Floor Bedroom 2 Multi Level Unit Multi Level Unit Bedroom 2 Bath Back Unit Aerial View Eaton & Peacon Eaton & Peacon Eaton Aerial View from Peacon Lane Peacon Lane

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.

Details
Maps
Contract Information
Current Price: $6,450,000
Listing Date: 2026-10-01
Listing Board: Key West Association
Monthly Rent: $6,450,000
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: Multi-family
Style: Multi-Units
Waterfront: No
Pool: Yes
Year Built: 1933
Total Units: 4
Lot SqFt: 8421.5
Lot Sqft Source: Property Data Card
Acres: 0.19
Living Apx SqFt: 3739
SqFt Source: LA Measured
Total Bedrooms: 7
Full Baths: 7
Half Baths: 2
Total Baths: 9
Rentals Allowed: Yes
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Yes
Pool Info
Heated: Yes
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: Conch
Utilities: FKAA; Municipal Sewer
Appliances: Dishwasher; Disposal; Dryer; Freezer; Oven; Refrigerator; Washer
Pool Info: In Ground
Construction: Frame
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre

Listing Office: Truman & Co. (KW)

Last Updated: October - 01 - 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.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)