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909 Grinnell Street

Key West, FL 33040
  • $1,899,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 615914
$1,899,000
  • 7
    BEDS
  • 0.07
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,790
    SQFT
  • $681
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:

School Ratings & Info

Description

Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! Priced at less than $272K per unit! Plus, recently passed legislation benefits RE investors - just ask your tax expert. Prime Old Town 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 attractions 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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/166204016
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909 Grinnell Street Key West, FL 33040

  • Price: $1,899,000
  • Status: Active
  • On Site: 112 Days
  • MLS #: 615914
7
Beds
6
Baths
0
½ Baths
0.07
Acres
2,790
SQFT
$681
$/SQFT
1976
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! Priced at less than $272K per unit! Plus, recently passed legislation benefits RE investors - just ask your tax expert. Prime Old Town 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 attractions 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.
Exterior Features

Construction CBS Dockage None Land Size Less Than 1/4 Acre Lot Size 93 X 29 irregular Side Median Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Other YES Cooling Heating Central Air Net Leasable Area 2790.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Commercial Type Apartment 3 or more Control Depth 0 Deed Restrictions Unknown Efficiencies 2 Electric Meters 3 Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-N of Truman Legal KW PT LOT 6 SQR 3 TR 6 OR271-249/50 OR387-305 OR616-188 OR943-963/64 OR943-2119/21 OR954-1883 OR955-2017/20 OR955-2021 License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Multi-Family Sewer Accounts 2 Sq Ft Source Tax Records Tax Year 2024 Taxes 14214.65 Title Title Ins - Buyer Total Units 7.00 Utilities Buyer to Verify Water Meters 2 Zoning HDR - High Density Residential

Listing courtesy of Walt Lee of Berkshire Hathaway HomeServices Knight & Gardner Realty: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036