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Apartment Building with Separate Entrances
For Sale
$1,899,000

909 Grinnell Street, Key West, FL 33040

Residential, Key West, FL

Property Size2,790 SF
Lot Size0.07 Acres
Price / SF$680.65
Days on Market401

Property Features for 909 Grinnell Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning HHDR - Historic High Dens
Bedrooms 7
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 5, Bedroom 4, Bathroom 4, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 6
Subdivision Old Town - Unlisted (1.0)
View Water
Directions North side of Grinnell, in middle of block between Truman Ave and Olivia St.
Standard status Active
APN 00020870-000000
Size 2,790 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax 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
Tax Annual Amount 14215
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

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1976
Number of units 7
Building materials CBS
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Walt Lee · License #3159689
Added: Jul 23, 2025 Changed: Aug 27 Last Checked: Aug 27 at 5:06PM
MLS# 615913

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 multifamily property at 909 Grinnell Street includes 2,790 square feet on a 0.07-acre site. Built in 1976 with CBS construction, the building has separate exterior entrances for its residential spaces and is configured with a combination of bedroom and studio layouts. Cooling is provided by window and wall/window units, and renovations are in progress.

The property is in Old Town Key West, one-half block from the cemetery and one-half block from Truman Avenue. Duval Street and other Old Town destinations are nearby. The site is designated HHDR - Historic High Dens and is located in the X-Flood Zone.

Key Highlights

  • 2,790‑square‑foot multifamily property on a 0.07‑acre site
  • CBS construction with a 1976 build year
  • Separate exterior entrances for residential spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,256
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

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?
Apartment building - CBS construction, individual exterior access, and window-unit cooling support a flexible multifamily configuration.
Where is this apartment building located?
The property is located at 909 Grinnell Street Key West, FL.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 2,790‑square‑foot multifamily property on a 0.07‑acre site; CBS construction with a 1976 build year; Separate exterior entrances for residential spaces
More about this property
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