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909 Grinnell Street, Key West, FL 33040
$1,899,000
Property Type:
Commercial Sale
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:
2/21/2026
Description
Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! Priced at less than $272K per unit! Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - ask your tax expert. Prime Old Town 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 attractions 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# 615914
Contract Information
Current Price: $1,899,000
Listing Date: 2025-07-23
Listing Board: Key West Association
List Price: $1,899,000
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 909
Street Name: Grinnell
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-Family
Style: Commercial
Lot Size: 93 X 29 irregular
Lot SqFt: 3002
Waterfront: No
# Stories: 2
Total # Buildings: 1
Building SqFt: 2790
SqFt Source: Tax Records
Living Apx SqFt: 2790
Total Units: 7
Year Built: 1976
Total Bedrooms: 7
Full Baths: 6
Total Baths: 6
Status Change Info
Status: Active
License Info
# of City License: 7
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Property Info
# Efficiencies: 2
1 Bed/Bath: 3
2 Bed/Bath: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Type: Apartment 3 or more
Waterfront: None
Waterview: No Waterview
Dockage: None
Cooling: Central Air
Utilities: Buyer to Verify
Construction: CBS
Land Size: Less Than 1/4 Acre
Fee Includes: None
Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: February - 21 - 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.
