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Listed by Walt Lee Berkshire Hathaway HomeServices Knight & Gardner Realty
$ 1,899,000
Est. payment /mo
Active
909 Grinnell ST Key West, FL 33040
7 Beds
6 Baths
2,790 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,790 sqft
Price per Sqft $680
Subdivision Old Town - Unlisted (1.0)
MLS Listing ID 615914
Bedrooms 7
Full Baths 6
HOA Y/N No
Year Built 1976
Annual Tax Amount $14,214
Tax Year 2024
Lot Size 3,002 Sqft
Acres 0.07
Lot Dimensions 93 X 29 irregular
Property Sub-Type Commercial
Land Area 2790
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! Renovations in progress! Priced at less than $272K per unit! Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - 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.
Location
State FL
County Monroe
Area 02 - Key West
Zoning HDR - High Density Residential
Direction North side of Grinnell, in middle of block between Truman Ave and Olivia St.
Interior
Cooling Central Air
Exterior
Utilities Available Buyer To Verify
Waterfront Description None
Garage No
Building
Story 2
Level or Stories 2
Others
HOA Fee Include None
Tax ID 00020870-000000
Nearby Locations