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$1,899,000
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Property Description
Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! Renovations in progress! 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.
Full Property Details
Full Property Details for 909 Grinnell St
General
- Price: $1,899,000
- Taxes: $14,214 (2024)
- Status: Active
- Type: Commercial
- Source: 927
- MLS ID: 615914
- Updated: 5/19/2026
- Added to Site: 303 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Location
- Area: 02 - Key West
- County: Monroe
- Subdivision: Old Town - Unlisted (1.0)
- Driving Directions: North side of Grinnell, in middle of block between Truman Ave and Olivia St.
Community
- Assoc. Fees Include: None
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- # Water Meters: 2
- # Electric Meters: 3
Structural Information
- # Buildings: 1
- Construction: CBS
- Stories/Levels: 2
- Square Feet: 2,790
- Sq. Ft. Source: Tax Records
- Year Built: 1976
Unit Information
- Units in Building: 7
Lot Features
- Property View: No Waterview
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,002
- Lot Dimensions: 93 x 29 irregular
- Zoning: HDR - High Density Residential
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $14,214.65
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 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
- Flood Zone: 0.2 PCT ANNUAL CHANC
- APN: 00020870-000000
Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty, Walt Lee (305) 879-7355
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Schools
Schools serving 909 Grinnell St
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Horace O'bryant School 1105 Leon Street, Key West, FL 33040 | 6-8 | 0.5 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 909 Grinnell St
Date
Details
Price
Change
Source
7/23/2025
Listed
$1,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 909 Grinnell St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,215
—
$1,339,119
2%
2024
$14,215
—
$1,319,079
1%
2023
$14,205
36%
$1,308,180
53%
2021
$10,475
-7%
$854,289
-19%
2022
$11,217
7%
$1,052,348
26%
2021
$10,475
15%
$833,724
13%
2019
$9,135
17%
$739,361
10%
2018
$7,806
3%
$672,146
-19%
2017
$7,576
7%
$831,658
21%
2016
$7,077
7%
$686,861
36%
2015
$6,610
9%
$504,994
10%
2014
$6,088
5%
$459,086
10%
2013
$5,818
—
$417,351
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 909 Grinnell St
909 Grinnell Street, Key West, FL 33040 (MLS# 615914) is a Commercial property. 909 Grinnell Street is currently listed for $1,899,000 and was received on July 23, 2025. Want to learn more about 909 Grinnell Street? Do you have questions about finding other Commercial real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

