6-Unit Multifamily
For Sale
Contact for pricing
Pending
1221 Packer Street 1-5 & # 1220 Grinnell St, Key West, FL 33040
Six units are split across three buildings, with individual legal descriptions and shared common laundry facilities.
Property SizeContact for details
Days on Market119
Property Features for 1221 Packer Street 1-5 & # 1220 Grinnell St
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Special Purpose
Additional Details
Fenced Yard
Yes
Multifamily Units
6
Amenities
private porches
common area space
coin operated washer and dryer
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Schmitt Real Estate Company Key West
Listed By:
Sean Farrer · License #FL
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Aug 7 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmitt Real Estate Company Key West
Investment Insights
Based on property information with market context.
This rare six-unit multifamily property is located in the Turtle Cove Condominium Association and is configured across three separate buildings. The offering includes one 3/3 single-family home and five additional units, consisting of one 2/1 bed unit and four 1/1 bed units. Each unit has a separate legal description, and the units are described as turn-key. Five units are ready to be rented, while the single-family home is currently rented.
The property is fenced and includes six electric meters and three off-street parking spots. Common area space features coin-operated washer and dryer, and the units include private porches. The property is noted as being located in the X Zone.
All units are part of a portfolio/cash-buyer-only offering, with availability of five units for rental and the remaining home currently occupied.
The property is fenced and includes six electric meters and three off-street parking spots. Common area space features coin-operated washer and dryer, and the units include private porches. The property is noted as being located in the X Zone.
All units are part of a portfolio/cash-buyer-only offering, with availability of five units for rental and the remaining home currently occupied.
Key Highlights
- 6‑unit property in Old Town, split across 3 buildings with separate legal descriptions
- Unit mix includes one 3/3 single‑family home (1,728 sqft) plus one 2/1 unit and four 1/1 units
- X Zone designation
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3,119
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six units are split across three buildings, with individual legal descriptions and shared common laundry facilities.
Where is this apartment building located?
The property is located at 1221 Packer Street 1-5 & # 1220 Grinnell St Key West, FL.
What are key features of this property?
This property features: 6‑unit property in Old Town, split across 3 buildings with separate legal descriptions; Unit mix includes one 3/3 single‑family home (1,728 sqft) plus one 2/1 unit and four 1/1 units; X Zone designation
