909 Grinnell Street, Key West, FL 33040
$1,899,000
Property Type:
Residential
Bedrooms:
7
Baths:
6
Square Footage:
2,790
Lot Size (sq. ft.):
3,002
Status:
Active
Current Price:
$1,899,000
List Date:
7/24/2025
Last Modified:
11/19/2025
Description
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.
More Information MLS# 615913
Contract Information
Listing Board: Key West Association
Current Price: $1,899,000
Listing Date: 2025-07-23
List Price: $1,899,000
Location, Tax & Legal
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 #: 1021610
Parcel #: 00020870-000000
Zoning: HHDR - Historic High Density Residential
Deed Restrictions: Unknown
Legal: KW PT LOT 6 SQR 3 TR 6 OR271-249/50 OR387-305 OR616-188 OR943-963/64 OR943-2119/21 OR954-1883 OR955-2017/20 OR955-2021
Taxes: 14214.65
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 909
Street Name: Grinnell
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot Size: 93 X 29 irregular
Lot SqFt: 3002
Pool: No
Lot Sqft Source: Tax Records
Total Units: 7
Acres: 0.07
SqFt Source: Tax Records
Rentals Allowed: With Restrictions
Min Rental Days: 30
Style: Multi-Units
Year Built: 1976
Living Apx SqFt: 2790
Total Bedrooms: 7
Full Baths: 6
Total Baths: 6
Remarks & Misc
Remarks – Consumer: 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.
Directions: North side of Grinnell, in middle of block between Truman Ave and Olivia St.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
# of City License: 7
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Other: some appliances
Pets
Pets Allowed: 1
Cooling
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
Buyer to Verify: 1
Title
Title Ins - Buyer: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Cooling: Wall/Window Unit(s)
Utilities: Buyer to Verify
Construction: CBS
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Title: Title Ins - Buyer
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: November - 19 - 2025
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.