$1,899,000

909 Grinnell St Key West, FL 33040

Old Town Neighborhood

Estimated payment $11,046/month

Total Views 12,056

7 Beds

6 Baths

2,790 Sq Ft

$681 Price per Sq Ft

About This Home

Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! That's less than $272K per unit! Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - ask your tax expert. Prime location, just 1/2 block from cemetery and 1/2 block off Truman Ave. Currently configured as 6 units (but City recognizes 7). Presently being used as: one 2-bedroom unit, three 1-bedroom units and 2 studio units. All with separate exterior entrances. Convenient location is close to many Old Town hot spots including world famous Duval St.. Perfect for employee housing or income producing multi-unit property. Advanced notice required before showings and don't expect to see all six of the units at once. Please do NOT disturb tenants. This is a duplicate entry.

Listing Agent

Walt Lee

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 07/23/2025

Map

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

Listing Details

Property Type: Residential
Style: Multi-Units
First Right of Refusal: No
Mandatory HOA: No
Fee Includes: None
Key Island: Key West
K W Neighborhood: Old Town-N of Truman
Limited Representation: No
Marathon Neighborhood: N/A
Mile Marker: 1.00
Min Rental Days: 30.00
M L S Identifier: 20060123165453488875000000
Pets: Pets Allowed
Property Group I D: 19990816212109142258000000
Side: Median
State Province: FL
Taxes: 14214.65
Title: Title Ins - Buyer
Year Built: 1976
Alternate Key Number: 1021610
Cooling Heating: Wall/Window Unit(s)
Lot Sq Ft: 3002.00
License Info Number Of City License: 7
Tax Exemptions: None
Building Style Above Flood: Yes
Building Style Stories: 2 Stories
Estimated Living Sq Ft: 2790.00
Sewer Hook Up: Yes
Statistical Purposes Only: No
Special Features: None
Property Sub Type: MultiFamily
Stories: 2

Interior Features

Total Bathrooms: 6.00
Full Bathrooms: 6
Appliances Other: some appliances
Total Bedrooms: 7

Exterior Features

Dockage: None
Waterfront: None
Waterfront: No
Construction: CBS
Waterview: No Waterview
Pool: No

Utilities

Utilities: Buyer to Verify

Lot Info

Deed Restrictions: Unknown
Flood Zone: 0.2 PCT ANNUAL CHANC
Parcel Number: 00020870-000000
Lot Size: 93 X 29 irregular
Land Size: Less Than 1/4 Acre
Acres: 0.07

Rental Info

Rentals Allowed: With Restrictions

Tax Info

Tax Year: 2024

Multi Family

Total Units: 7.00

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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
2025	$14,215	$1,339,119	$959,814	$379,305
2024	$14,205	$1,319,079	$940,692	$378,387
2023	$14,205	$1,308,180	$939,956	$368,224
2022	$11,217	$1,052,348	$626,637	$425,711
2021	$10,475	$854,289	$462,623	$391,666
2020	$10,123	$833,724	$450,855	$382,869
2019	$9,135	$771,609	$437,617	$333,992
2018	$7,806	$826,770	$492,778	$333,992
2017	$7,576	$831,658	$0	$0
2016	$7,077	$686,861	$0	$0
2015	$6,610	$593,150	$0	$0
2014	$6,088	$476,204	$0	$0

Source: Public Records

Property History

Date	Event	Price	List to Sale	Price per Sq Ft
07/23/2025 07/23/25	For Sale	$1,899,000	--	$681 / Sq Ft

Source: Key West Association of REALTORS®

MLS Number: 615913

APN: 00020870000000056825

Florida Monroe County Key West 33040 Old Town

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