$2,095,000

Estimated payment $12,219/month

Total Views 67
8 Beds
4 Baths
3,383 Sq Ft
$619 Price per Sq Ft

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.

Listing Agent

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 10/08/2025

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

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Key West Association of REALTORS®

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $842,500 Seller Take Back
Previous Owner $340,000 Commercial
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 616892

Key West Association of REALTORS®

APN: 00020860-000000