For sale

$1,899,000

909 Grinnell St, Key West, FL 33040

7beds

2,790sqft

$11,095/mo

Get pre-qualified

Multi Family

Built in 1976

-- sqft lot

$-- Zestimate^®

$681/sqft

$-- HOA

What's special

Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! That's less than $272K per unit! Renovations in progress. Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - ask your tax expert. Prime location, just 1/2 block from cemetery and 1/2 block off Truman Ave. Currently configured as 6 units (but City recognizes 7). Presently being used as: one 2-bedroom unit, three 1-bedroom units and 2 studio units. All with separate exterior entrances. Convenient location is close to many Old Town hot spots including world famous Duval St.. Perfect for employee housing or income producing multi-unit property. Advanced notice required before showings and don't expect to see all six of the units at once. Please do NOT disturb tenants. This is a duplicate entry.

406 days
258
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6
Full bathrooms: 6

Cooling

Wall/Window Unit(s)

Interior area

Total structure area: 2,790
Total interior livable area: 2,790 sqft

Property

Lot

Size: 3,049 Square Feet
Dimensions: 93 X 29 irregular

Details

Parcel number: 00020870000000
Zoning: HHDR - Historic High Density Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Condition

Year built: 1976

Community & HOA

Community

Subdivision: Old Town - Unlisted (1.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $681/sqft
Tax assessed value: $1,339,119
Annual tax amount: $14,214
Date on market: 8/27/2026

Estimated market value

Not available

Estimated sales range

Not available

$7,847/mo

Price history

Date	Event	Price
7/24/2025	Listed for sale	$1,899,000+13.4%$681/sqft
Source: Key West AOR #615913 Report a problem
8/1/2023	Listing removed	--
Source: Key West AOR #603991 Report a problem
5/7/2023	Listed for sale	$1,675,000$600/sqft
Source: FLKMLS #603991 Report a problem
4/22/2023	Contingent	$1,675,000$600/sqft
Source: FLKMLS #603991 Report a problem
3/20/2023	Price change	$1,675,000-16%$600/sqft
Source: FLKMLS #603991 Report a problem
1/29/2023	Listed for sale	$1,995,000$715/sqft
Source: FLKMLS #603991 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,965 +5.3%	$1,339,119 +1.5%
2024	$14,215 +0.1%	$1,319,079 +0.8%
2023	$14,205 +26.6%	$1,308,180 +39.2%
2022	$11,217 +7.1%	$939,718 +10%
2021	$10,475 +3.5%	$854,289 +5%
2020	$10,123	$813,297 +5.4%
2019	$10,123 +10.8%	$771,609 -6.7%
2018	$9,135 +17%	$826,770 -0.6%
2017	$7,806 +3%	$831,658 +21.1%
2016	$7,576 +7.1%	$686,861 +15.8%
2015	$7,077	$593,150