Old Town Multifamily
909 Grinnell Street Key West, FL 33040
909 Grinnell Street, Key West, FL, 33040
$1,899,000
For Sale
$1,899,000
Seven market-rate units in the X-Flood Zone offer separate exterior entrances and ongoing renovations in Old Town Key West.
Days on Market14
Property Features for 909 Grinnell Street
General Information
- Standard status
- Active
Building Details
- Year Built
- 1976
Listing Agency
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 879-7355
Listed by
Walt Lee · License #3159689
(305) 879-7355
Source
Laerrealty
Added: Jul 4 Checked: Jul 17 at 2:34 am
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 Berkshire Hathaway HomeServices Knight & Gardner Realty
Investment Insights
Based on property information with market context.
The property is a multifamily building currently configured as six units, with the City recognizing seven units. The existing mix includes one 2-bedroom unit, three 1-bedroom units, and two studio units, and all units have separate exterior entrances. Renovations are currently in progress, and the building is being positioned as a market-rate rental asset with updated interiors underway.
The site is located in Old Town Key West, with the address at 909 Grinnell Street. The property is described as being about one-half block from a cemetery and about one-half block off Truman Avenue, placing it within walking proximity to Old Town destinations. Advance notice is required for showings, and tenants should not be disturbed.
From a tenant and operator perspective, the separate exterior entrances can support privacy and convenient day-to-day access for residents. The current unit mix—2-bedroom, 1-bedroom, and studio—may accommodate a range of household types, including employee housing, while the in-progress renovations can align with operators looking to refresh an existing income property. Due to tenant occupancy, prospective buyers or brokers should plan for limited visibility during tours and avoid requesting to see all units at once.
The site is located in Old Town Key West, with the address at 909 Grinnell Street. The property is described as being about one-half block from a cemetery and about one-half block off Truman Avenue, placing it within walking proximity to Old Town destinations. Advance notice is required for showings, and tenants should not be disturbed.
From a tenant and operator perspective, the separate exterior entrances can support privacy and convenient day-to-day access for residents. The current unit mix—2-bedroom, 1-bedroom, and studio—may accommodate a range of household types, including employee housing, while the in-progress renovations can align with operators looking to refresh an existing income property. Due to tenant occupancy, prospective buyers or brokers should plan for limited visibility during tours and avoid requesting to see all units at once.
Key Highlights
- Seven market‑rate units in the X‑Flood Zone in Old Town Key West (City recognizes 7).
- Currently configured as 6 units with separate exterior entrances for each unit.
- Unit mix includes one 2‑bedroom unit, three 1‑bedroom units, and two studio units.
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FAQs
What type of property is this?
Apartment building - Seven market-rate units in the X-Flood Zone offer separate exterior entrances and ongoing renovations in Old Town Key West.
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: Seven market‑rate units in the X‑Flood Zone in Old Town Key West (City recognizes 7).; Currently configured as 6 units with separate exterior entrances for each unit.; Unit mix includes one 2‑bedroom unit, three 1‑bedroom units, and two studio units.
