909 Grinnell Street, Key West, FL 33040

About this home

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! Renovations in progress. 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.

Property details

Property Type

Multi-Units

Year Built

1976

Lot Size

3,002 sq ft

Annual Taxes

$14,215/yr

Subdivision

Old Town - Unlisted (1.0)

Days on Market

415

Listed

July 23, 2025

MLS #

615913

Location