SOLD | $9.52M
DescriptionExperience unparalleled luxury at 400 South Street, the true Southernmost private residence in the Continental United States. This iconic Key West estate, winter home to esteemed American artist, the late Seward Johnson and his wife, seamlessly blends timeless elegance with modern amenities. The expansive 4,008-square-foot concrete home, situated on a generous lot plus almost one acre of bay bottom, offers five bedrooms and five and a half bathrooms. Upon entering, the formal living room evokes the charm of the Hemingway era, leading to a sunlit Florida room with sliding glass doors that open to a vast outdoor oasis. The primary suite and two guest bedrooms are accessible via an elevator, each opening to a large balcony that provides panoramic views of the Atlantic Ocean. The property boasts a magnificent 50 x 20-foot pool and ample lounging areas, perfect for enjoying ocean breezes and observing local birdlife. With its unique location adjacent to the iconic Southernmost Point buoy and proximity to Key West's vibrant attractions, this estate offers an unparalleled living experience. Additionally, a coveted transient license allows for nightly rentals, presenting a prime investment opportunity or the option for a lavish private or corporate compound. Designated Multifamily (could accommodate up to 8 residential units) and located in the historic commercial tourist district, the possibilities are vast for a savvy investor. Property and opportunity details provided by seller or others; buyer to verify.
Total
4,008 sq ft | 0.39 acres upland | 5 bedrooms | 5 full bathrooms | 1 half bathroom | Oversized 17,243 sq ft lot with almost 1 acre of bay bottom and Corps of Engineer permit to rebuild dock
Architectural Features
Concrete home; formal living room leading to a Florida room; sealed coral stone flooring; elevator access to upper-level bedrooms; large balcony with panoramic Atlantic Ocean views
Outdoor Features
Expansive 50 x 20 ft. pool; spacious outdoor lounging areas; 245 ft of open waterfront, proximity to the Southernmost Point buoy; lush tropical landscaping
Other Amenities
Coveted transient license permitting nightly rentals
Location
Adjacent to the Southernmost Point buoy; steps from Southernmost Beach with its sandy shores and restaurant; close to Key West's vibrant attractions like the Butterfly Conservatory, the Lighthouse and Hemingway house.
Zoning
The property is located in the Historic Tourist Commercial District with many potential uses.
Disclosure
Deposit
Deposit: $100,000 bidder deposit required
Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Our registration, licenses and bond information for Florida is: Concierge Auctions, LLC, Auction Firm License #AB2760; Frank Trunzo, Auctioneer, License #AU2328. Concierge Auctions, LLC, Broker, License #CQ1032600, 2904 W Bay to Bay Blvd Tampa, FL 33629, Telephone: (212) 202-2940. Adrian Victor Strelzow, Broker, License #BK3614045. This property is listed for sale by Russell Post Properties Lower Keys Inc, DBA, Oceans Sotheby's International Realty, Broker, License #CQ1055256, 1075 Duval Street, Unit C15, Key West, Florida 33040, 305.712.8888, Ellen Gvili, License #SL 3043680, (“Listing Agent”). Concierge Auctions (in certain jurisdictions) and certain Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, however, neither Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements, and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge Auctions bidder terms and conditions. ©2025 Concierge Auctions, LLC. All Rights Reserved. Sotheby’s® and Sotheby’s International Realty® are registered trademarks and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. All offerings are subject to errors, omissions, changes including price or withdrawal without notice. Equal Housing Opportunity. Real estate agents affiliated with a Sotheby’s International Realty brokerage are independent contractor sales associates and are not employees of Sotheby’s, Sotheby’s International Realty nor Concierge Auctions, LLC. Certain services are provided by third parties. Auction services are being provided by Concierge Auctions, LLC. Terms and conditions apply. Execution of program agreements required. Results not guaranteed.
Mar 31, 2025 at 4:09pm (EDT)
Buyer's Premium
12%
Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.
Co-Broker Compensation
2%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
400 South Street, Key West, Florida 33040
