Skip To Content

905 Grinnell Street

Key West, FL 33040
  • $2,500,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 611809
UPDATED: 54 min ago
$2,500,000
  • 8
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,383
    SQFT
  • $739
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:

School Ratings & Info

Description

BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income. (See below for a breakdown of beds and baths per unit) With versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. Off street parking for three cars, a rarity for Old Town, Key West. This property is located in one of the most desirable neighborhoods and is just a short walk to World famous Duval street, the island's best restaurants, shopping and more! Unit breakdown: (A) 3BD/1BA leased for $3,039.50 per month (B) STUDIO/1BA leased for $2,369 per month (C) 2BD/1BA leased for $2,700 per month (D) 2BD/1BA leased for $2,800 per month

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestluxuryrealestateinc.com/homes/156718776
Print Image

905 Grinnell Street Key West, FL 33040

  • Price: $2,500,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 54 min ago
  • MLS #: 611809
8
Beds
4
Baths
0
½ Baths
0.13
Acres
3,383
SQFT
$739
$/SQFT
1959
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income. (See below for a breakdown of beds and baths per unit) With versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. Off street parking for three cars, a rarity for Old Town, Key West. This property is located in one of the most desirable neighborhoods and is just a short walk to World famous Duval street, the island's best restaurants, shopping and more! Unit breakdown: (A) 3BD/1BA leased for $3,039.50 per month (B) STUDIO/1BA leased for $2,369 per month (C) 2BD/1BA leased for $2,700 per month (D) 2BD/1BA leased for $2,800 per month
Exterior Features

Above Flood Unknown Construction CBS Dockage None Land Size Less Than 1/4 Acre Pool YN No Porch Balcony DeckPatio Roof Metal Roof Side Median Style Multi-Units Vehicle Storage Off Street Parking Vehicle Storage Cars 3 Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherMicrowaveOvenRefrigeratorDryer Cooling Heating Wall/Window Unit(s)Ceiling Fans(s) Floor Tile Windows Doors French DoorsOther Windows/Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone X-500 Key West Neighborhood Old Town-N of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Off Shore Island No Pets With Restrictions YES Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 13206.78 Terms CashConventional Title Negotiable Utilities FKAAElect Separate MeterWater Separate MeterBuyer to VerifySewer AvailableMunicipal Sewer Zoning HHDR - Historic High Density Residential

Listing courtesy of Team Kaufelt of Truman & Co. (KW): (305) 292-2244.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_611809-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_611809-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_611809-2.jpg
Logo
Key West Luxury Real Estate Inc
619 Eaton Street, #2
Key West FL, 33040