909 Grinnell St Key West, FL 33040
Old Town NeighborhoodEstimated payment $11,313/month
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! Renovations in progress. 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
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 07/24/2025
Map
Home Details
Home Type
Single Family
Year Built
1976
Lot Details
3,049 Sq Ft Lot
Listing Details
- Property Type: Residential
- Year Built: 1976
- Building Style Above Flood: Yes
- Property Sub Type: Multi-Units
- Lot Size: 93 X 29 irregular
- Co List Office Mls Id: kwa.10017
- Subdivision Name: Old Town - Unlisted (1.0)
- Special Features: None
Interior Features
- Full Bathrooms: 6
- Total Bedrooms: 7
Exterior Features
- Waterfront: No
- Construction Type: CBS
- Waterfront: None
Utilities
- Cooling: Wall/Window Unit(s)
- Utilities: Buyer to Verify
Condo/Co-op/Association
- Pets Allowed: Yes
Lot Info
- Parcel Number: 00020870-000000
- Lot Size Sq Ft: 3002.0
Tax Info
- Tax Year: 2024
- Tax Annual Amount: 14214.65
Multi Family
- Number Of Units Total: 7
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 |
|---|---|---|---|---|
| 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 |
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
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Ask me questions while you tour the home.