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New construction
  • Price cut: $100K (6/1)
    $4,195,000

    1311 Grinnell St, Key West, FL 33040

    5beds
    2,681sqft
    : 
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    Single Family Residence
    Built in 1943
    4,791 Square Feet Lot
    $3,978,800 Zestimate®
    $1,565/sqft
    $-- HOA

    What's special

    Abundance of natural lightSpacious master suiteWide entrance hallwayDual pantriesOff-street parking with gateWet barCustom-stained heart pine floors
    New Construction & Furnished in Key West. Experience timeless Key West charm blended with modern luxury in this stunning property, re-built completely to the historic standard of the original home. Located in the highly sought-after Casa Marina neighborhood just five blocks from Higgs Beach and six blocks from Duval Street, this residence offers the ideal balance of privacy and proximity to all that Key West has to offer. Step inside to discover over 900 square feet of wraparound Brazilian hardwood porches and a beautifully designed interior featuring custom-stained Heart Pine floors, Shiplap walls, and an abundance of natural light. The wide entrance hallway leads to a soaring great room with 20-foot ceilings and skylights, seamlessly connecting the living, dining, and kitchen spaces. The chef's kitchen is a true showpiece, boasting a large center island with seating for six, a wet bar, dual pantries, and a full Viking Professional appliance package. The main level includes a spacious master suite and two guest bedrooms, each with private baths and individual porch access. A convenient half bath is located off the hallway, while the laundry room--complete with an additional half bath--opens directly to the back deck and pool area. Enjoy Key West's outdoor lifestyle with a 15' x 8' pool with water feature, custom mahogany impact doors with transoms, impact windows, and lush professional landscaping. Upstairs, the charm continues with two additional ensuite bedrooms, walk-in closets, an interior balcony overlooking the great room, and a massive air-conditioned storage space spanning half of the second floor. Additional features include: Buried 250-gallon propane tank (servicing gas stove, on-demand water heater, generator-ready) and off-street parking with gate. This exceptional Casa Marina residence offers the best of Key West living--historic elegance, impeccable craftsmanship, and modern comforts.
    40 days
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    642
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    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer M Newman 323-600-5678,

    Truman & Co. (KW)

    Source: FLKMLS,MLS#: 620098MLS LogoOriginating MLS: Key West Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
      Features
      • Wet Bar, Bar, Quartz Countertops, Built-in Cabinets, Walk-In Closet(s), Storage, Pantry, Cathedral Ceiling(s)
      • Flooring: Wood
      • Doors: Impact Rstnce Doors
      • Windows: Skylight(s), Impact Rstnce Window
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,681 sqft

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Deck
      • Exterior features: Lighting
      • Has private pool: Yes
      • Pool features: Heated, In Ground
      • Fencing: Fenced
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 49 x 92
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00039410000000
      • Zoning: HMDR
      • Zoning description: Historic Medium Density Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Metal
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 1943

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Propane

      Community & HOA

      Community
      • Features: Tennis Court(s), Beach
      • Security: Smoke Detector(s), Fire Sprinkler System
      • Subdivision: Webb Realty Co Sub (1.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $1,565/sqft
      • Tax assessed value: $1,357,332
      • Annual tax amount: $10,843
      • Date on market: 5/30/2026

        Estimated market value

        $3,978,800

        $3.78M - $4.18M

        $8,776/mo

        Price history

        DateEventPrice
        6/1/2026Price change$4,195,000-2.3%$1,565/sqft
        Source: FLKMLS #620098 Report a problem
        5/30/2026Listed for sale$4,295,000+1.1%$1,602/sqft
        Source: Key West AOR #620098 Report a problem
        5/29/2026Listing removed$4,250,000$1,585/sqft
        Source: FLKMLS #612883 Report a problem
        4/15/2025Price change$4,250,000-5.6%$1,585/sqft
        Source: Key West AOR #612883 Report a problem
        3/6/2025Price change$4,500,000-4.3%$1,678/sqft
        Source: FLKMLS #612883 Report a problem
        12/29/2024Listed for sale$4,699,999+0%$1,753/sqft
        Source: Key West AOR #612883 Report a problem
        8/26/2024Listing removed--
        Source: FLKMLS #607297 Report a problem
        7/18/2024Price change$4,699,000+4.4%$1,753/sqft
        Source: FLKMLS #607297 Report a problem
        11/4/2023Listed for sale$4,499,000+445.3%$1,678/sqft
        Source: FLKMLS #607297 Report a problem
        6/1/2020Listing removed$1,500$1/sqft
        Source: Truman & Company Report a problem
        5/11/2020Listed for rent$1,500$1/sqft
        Source: Truman & Company Report a problem
        4/13/2018Sold$825,000$308/sqft
        Source: FLKMLS #579013 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,843 +5.5%$1,082,667 +10%
        2024$10,280 +13.4%$984,243 +10%
        2023$9,062 +13.2%$894,766 +10%
        2022$8,002 +9.2%$813,424 +10%
        2021$7,331 +1.1%$739,476 +0.8%
        2020$7,249 $733,474 +6.7%
        2019$7,249 +5.1%$687,446 +14.8%
        2018$6,896 +12.5%$598,656 +0.6%
        2017$6,130 -1.1%$595,104 -1.3%
        2016$6,195 +2.8%$602,696 +6.6%
        2015$6,029 $565,149

        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Casa Marina

        Getting around

        83 / 100
        Very Walkable
        27 / 100
        Some Transit
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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