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.
For sale
$1,899,000
909 Grinnell St, Key West, FL 33040
7beds
2,790sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$681/sqft
$-- HOA
What's special
- 360 days |
- 154 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Walt Lee 305-879-7355,
Berkshire Hathaway HomeServices Knight & Gardner Realty
Source: FLKMLS,MLS#: 615913
Originating MLS: Key West Association
Originating MLS: Key West AssociationLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Cooling
- Wall/Window Unit(s)
Appliances
- Included: some appliances
Interior area
- Total interior livable area: 2,790 sqft
Property
Features
- Levels: Two
- Stories: 2
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 3,049 Square Feet
- Dimensions: 93 x 29 irregular
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00020870000000
- Zoning: HHDR
- Zoning description: Historic High Density Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- CBS
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Buyer to Verify
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: 7/24/2025
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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.5 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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