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Renovated Duplex
For Sale
$1,195,000

1126 Grinnell Street, Key West, FL 33040

Residential, Key West, FL

Property Size875 SF
Lot Size0.03 Acres
Price / SF$1,365
Days on Market103

Property Features for 1126 Grinnell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning HNC(1-3) - Hist Nghborhd
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Patio and Porch features Deck
Interior features Built-in Cabinets
Appliances Washer, Dryer, Refrigerator, Range, Microwave, Freezer, Stainless Steel Appliance(s)
Subdivision Old Town - Unrecord (1.0)
View Water
Standard status Active
APN 00031680000000
Size 875 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Kw G G Watson Sub I-209 Pt Lot 13 Sqr 5 Tr 13 H3-16 Or720-472 Or720-464/65 Or763-1239/40 Or1285-1157/58
Tax Annual Amount 5341
Legal Description Kw G G Watson Sub I-209 Pt Lot 13 Sqr 5 Tr 13 H3-16 Or720-472 Or720-464/65 Or763-1239/40 Or1285-1157/58

Utilities

Utilities Cable Available
Cooling system Ductless

Amenities

private yard

Building Details

Year built 1929
Flooring type Vinyl, Combo, Tile
Building materials Frame
Roof type Metal
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Will Langley · License #3242135
Added: Jun 22 Changed: Sep 13 Last Checked: Oct 2 at 9:06AM
MLS# 620360

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 875-square-foot duplex contains two separate residences, each configured with one bedroom and one bathroom. The property was built in 1929 and has been renovated with European-style kitchens featuring cabinetry and stainless steel appliances. Washer and dryer appliances are included, while ductless cooling, tile and vinyl flooring, a metal roof, and frame construction provide additional physical detail. Each unit functions independently, and the property includes private yard space plus a deck.

Located at 1126 Grinnell Street in Key West, the property is within the Old Town area and carries HNC(1-3) - Hist Nghborhd zoning. The 0.03-acre parcel also offers cable availability and built-in cabinets within the residences.

Key Highlights

  • Two 1‑bedroom, 1‑bath residences in an 875‑square‑foot duplex
  • Renovated interiors with European‑style kitchens and stainless steel appliances
  • 0.03‑acre parcel with private yard space and a deck

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store Dental Office Tanning Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,119
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two independent one-bedroom residences share a private yard and updated kitchens within HNC(1-3) zoning.
Where is this duplex located?
The property is located at 1126 Grinnell Street Key West, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath residences in an 875‑square‑foot duplex; Renovated interiors with European‑style kitchens and stainless steel appliances; 0.03‑acre parcel with private yard space and a deck
More about this property
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