905 Grinnell St Key West, FL 33040
Old Town NeighborhoodEstimated payment $12,219/month
About This Home
Located in the heart of Key West's Historic District, 905 Grinnell Street is a distinctive multi-unit property that blends architectural character with strong investment performance. Originally built as a church, the structure has been thoughtfully converted into four residential units totaling 3,383 square feet. Each unit is individually metered and currently leased, offering a stable and reliable return. The property offers stable, predictable cash flow in one of Florida's most desirable markets, with a central location that places it within walking distance of local shops, dining, and attractions. Whether expanding your portfolio or seeking a turnkey income-producing property, 905 Grinnell Street delivers a rare combination of historic charm, prime location, and investment performance. Rental numbers available upon request.
Map
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$13,207
Year Built
1959
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Multi-Units
- First Right of Refusal: No
- Association Approval Required: No
- Mandatory HOA: No
- Voluntary HOA: No
- Fee Includes: None
- Financial Status Bank Owned: No
- Financial Status Potential Short Sale: No
- Key Island: Key West
- K W Neighborhood: Old Town-N of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 13745.00
- Title: Negotiable
- Vehicle Storage: Assigned Parking, Off Street Parking
- Vehicle Storage Cars: 2
- Year Built: 1959
- Alternate Key Number: 1021601
- Cooling Heating: Wall/Window Unit(s), Ductless, Ceiling Fans(s)
- Lot Sq Ft: 5737.00
- Porch Balcony: Open Porch/Balcony, Patio, Deck
- License Info: Non Trans Rntl Lic
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 1 Story
- Estimated Living Sq Ft: 3383.00
- Financial Status Auction: No
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Total Bathrooms: 4.00
- Full Bathrooms: 4
- Appliances: Washer, Microwave, Oven, Refrigerator, Dryer
- Windows/Doors: French Doors, Other Windows/Doors
- Total Bedrooms: 8
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS
- Exterior Features: Privacy Wall/Fence
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Sewer Available, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: X
- Parcel Number: 00020860-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.13
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Unfurnished
Tax Info
- Tax Year: 2024
Multi Family
- Total Units: 4.00
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $13,207 | $1,772,270 | $1,247,287 | $524,983 |
2023 | $13,207 | $1,758,016 | $1,246,312 | $511,704 |
2022 | $11,231 | $1,331,570 | $830,875 | $500,695 |
2021 | $10,400 | $1,071,288 | $613,404 | $457,884 |
2020 | $9,189 | $858,961 | $597,801 | $261,160 |
2019 | $8,970 | $827,745 | $580,247 | $247,498 |
2018 | $9,790 | $904,445 | $653,387 | $251,058 |
2017 | $9,597 | $904,480 | $0 | $0 |
2016 | $9,101 | $768,981 | $0 | $0 |
2015 | $10,388 | $873,002 | $0 | $0 |
2014 | $7,724 | $603,280 | $0 | $0 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/08/2025 10/08/25 | For Sale | $2,095,000 | -- | $619 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,042,500 | Chicago Title Insurance Co | |
Quit Claim Deed | $636,200 | -- | |
Warranty Deed | $104,285 | -- | |
Warranty Deed | $140,000 | -- | |
Warranty Deed | $91,800 | -- | |
Deed | $181,200 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $842,500 | Seller Take Back | |
Previous Owner | $340,000 | Commercial |
Source: Key West Association of REALTORS®
MLS Number: 616892

APN: 00020860-000000
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