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901 Grinnell Street, Key West, FL 33040

$2,450,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,360 Lot Size (sq. ft.): 1,624 Status: Closed
Current Price: $2,450,000 List Date: 1/27/2024 Last Modified: 4/17/2026

Overview

Description

TRANSIENTLY LICENSED Vacation Rental Home with over $200K in Rental Income. Single family private homes in Old Town with the true Conch House charm, a private, heated pool and a true transient nightly rental license are the Unicorns of our market - you so rarely see them they almost appear as legend. Enter 901 Grinnell Street: a 2 Bedroom, 3 Bathroom single family home with a private pool and a true transient license to operate as a nightly rental with no minimums or additional restrictions. This property is fully outfitted as a luxury vacation rental with a decade of performance history in the top of the market, grossing an average of $200,000+ per year in 2021, 2022, 2023, and on track to achieve the same in 2024 with $85,000+ in rentals already on the books for the calendar year. With constant attention paid at the highest level of management over the past decade, mixed with enormous renovations and attentive upgrades this home is a turnkey vacation rental cash ...

Listing Details MLS# 608366

Location, Tax & Legal

Street #
901
Street Name
Grinnell
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Old Town - Unrecord (1.0)
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
0.2 PCT ANNUAL CHANC
Alternate Key #
1021547
Parcel #
00020810-000000
Zoning
HHDR - Historic High Density Residential
Deed Restrictions
No
Legal
KW PT LT 2 SQR 3 TR 6 PP-271 UU193/94 D3-226 H2-21 G7-102 OR505-644 OR593-106 OR605-202 OR653-244 OR843-2012 OR943-1260/
Taxes
7582.01
Tax Year
2023
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
Yes
Year Built
1948
Total Units
Yes
Lot SqFt
1624
Lot Sqft Source
Tax Records
Acres
0.04
Living Apx SqFt
1360
SqFt Source
Seller
Total Bedrooms
2
Full Baths
3
Total Baths
3
Rentals Allowed
Yes
Control Depth
0

Status Change Info

Sold Date
2024-06-10
Sold Comments
Thank you Joe!

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

License Info

# of City License
Yes
Transient Rntl Licns
Yes

More Information

Building Style

Above Flood
Yes
Stories
2 Stories
Conch
Yes

Pool Info

Heated
Yes
In Ground
Yes
Decked
Yes

Remarks & Misc

Remarks – Consumer
TRANSIENTLY LICENSED Vacation Rental Home with over $200K in Rental Income. Single family private homes in Old Town with the true Conch House charm, a private, heated pool and a true transient nightly rental license are the Unicorns of our market - you so rarely see them they almost appear as legend. Enter 901 Grinnell Street: a 2 Bedroom, 3 Bathroom single family home with a private pool and a true transient license to operate as a nightly rental with no minimums or additional restrictions. This property is fully outfitted as a luxury vacation rental with a decade of performance history in the top of the market, grossing an average of $200,000+ per year in 2021, 2022, 2023, and on track to achieve the same in 2024 with $85,000+ in rentals already on the books for the calendar year. With constant attention paid at the highest level of management over the past decade, mixed with enormous renovations and attentive upgrades this home is a turnkey vacation rental cash cow perfect for Buyers who also intend to use the home as their own when visiting. Property sold completely turnkey including all furniture, fixtures, electronics, artwork, housewares...walk right in to this high performing rental. Renovations and upgrades include entire top floor, all bathrooms, kitchen, flooring throughout, exterior siding, pool deck, porches...Come see for yourself...
Directions
Corner of Olivia St and Grinnell St on the Truman side

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Freezer
Yes
Gas Appliances
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Ductless
Yes

Heating

Hot Water
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Tile
Yes
Wood
Yes

Interior Features

Dade County Pine
Yes
Drapes/Blinds Incl
Yes
Sky Light(s)
Yes
Smoke Alarms
Yes

Property Condition

Updated/Remodeled
Yes

Windows/Doors

French Doors
Yes
Single Hung Windows
Yes
Wood Windows
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Utilities

Buyer to Verify
Yes

Porch/Balcony

Deck
Yes
Open Porch/Balcony
Yes
Roof Top Deck
Yes

Exterior Features

Fencing
Yes
Outdoor Shower
Yes
Privacy Wall/Fence
Yes
Water Display
Yes

Pre-Wired

Cable
Yes

Roof

Metal Roof
Yes

Shutters

Bahama
Yes
Panel
Yes

GF-Interior Features

Tankless Hot Wtr Htr
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Conch Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Ductless Heating: Hot Water Utilities: Buyer to Verify Interior Features: Dade County Pine; Drapes/Blinds Incl; Sky Light(s); Smoke Alarms Pre-Wired: Cable Appliances: Dishwasher; Dryer; Freezer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Water Display Pool Info: In Ground; Decked Construction: Frame Shutters: Bahama; Panel Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre GF-Interior Features: Tankless Hot Wtr Htr

Room Information

Room Name Level
Living Room Main
Bedroom 1 Second
Bedroom 2 Second
Kitchen Main
Full Bathroom Main
Full Bathroom Second
Full Bathroom Second
Listing Office: eXp Realty LLC
Last Updated: April - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.