Active

905 Grinnell Street

Key West FL, 33040

$2,500,000


$738.99 per sqft

Active

8 Beds

4 Baths

3,383 sqft

Residential

Built in 1959

BIG TIME INVESTMENT OPPORTUNITY in the heart of the Historic District of Key West. Originally built as a former church, this 4 unit active rental property offers 3,383 square feet of living space, featuring 8 bedrooms and 4 bathrooms, and currently generates $10,908.50 in monthly rental income. (See below for a breakdown of beds and baths per unit) With versatile possibilities, it has the potential for improvement and the possibility of condominium conversion. Each unit is large and spacious by Key West standards and includes high ceilings. The building is of concrete block construction and is currently undergoing exterior repairs to address some concrete spalling. Off street parking for three cars, a rarity for Old Town, Key West. This property is located in one of the most desirable neighborhoods and is just a short walk to World famous Duval street, the island's best restaurants, shopping and more! Unit breakdown: (A) 3BD/1BA leased for $3,039.50 per month (B) STUDIO/1BA leased for $2,369 per month (C) 2BD/1BA leased for $2,700 per month (D) 2BD/1BA leased for $2,800 per month

611809

MLS ID

October 14, 2024

Listed

November 22, 2024

Updated

Map

905 Grinnell Street
Key West FL, 33040

Interior Features

Bedrooms

8


Total Bathrooms

4


Full Bathrooms

4


Interior Features

French Doors, Other Windows/Doors


Appliances

Washer, Microwave, Oven, Refrigerator, Dryer


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s), Ceiling Fans(s)


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Roof

Metal Roof

School Information

School District

No

Other Property Details

Area Name

02 - Key West


Taxes

$13,207


Tax Frequency

Annually


Association Amenities

None


Garage

No


Parking

Off Street Parking


Parking Total

3


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

HHDR - Historic High Density Residential

Listed by Team Kaufelt with Truman & Co. (KW)
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 11/22/2024 at 10:08 PM UTC

 

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