Address
506 Grinnell Street, Key West, FL
Price
$ 999,000
Property Attributes
- MLS#620987
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityKey West
- AreaKey West
- NeighborhoodOld Town - Unlisted
- Zip33040
- StyleConch
- Year Built1938
- Taxes$ 8348
- Price$ 999,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1416
- Lot Size0.04 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description
Charming Historic Old Town Key West Home, Ready for Its Next Chapter!Here's an opportunity for the buyer who sees possibility where others see a project. This 3-bedroom, 1.5-bath historic Key West home is tucked into the heart of Old Town, just minutes from the Historic Seaport, downtown, restaurants, shopping, and everything that makes island living so special.With classic Key West architecture, a welcoming front porch, hardwood floors, vintage windows, and plenty of original character, the home offers a wonderful starting point for a thoughtful renovation. The interior has been freshly painted, but this is a property that will require renovation and is best suited for a buyer ready to take on a true restoration project.Currently tenant occupied, the property also offers the advantage of existing rental income while a new owner makes plans, lines up contractors, or prepares for a future renovation or move-in.The existing floor plan includes generous living space, three bedrooms, a full bath downstairs, a half bath upstairs, and a private backyard with the potential to become a lush tropical retreat.For the right buyer, the appeal is undeniable: an authentic Old Town home, a highly desirable location, existing income, and the opportunity to restore, reimagine, and create something truly special.Bring your contractor, your creativity, and your vision. This one isn't pretending to be turnkey, but it just might be worth the work. *some photos digitally enhanced only to remove personal belongings
| Price History | |
|---|---|
| 8/14/2026 | Listed $999,000 |
General Features
| Living Area | 1416.00 |
|---|---|
| Construction | Frame |
| Utilities | FKAA,Cable Available,Municipal Sewer |
| Appliances | Dishwasher,Gas Appliances,Range,Refrigerator |
| Flood Zone | AE |
| Zoning | HHDR - Historic High Density Residential |
| HOA Fee | 0.00 |
| Pets Allowed Y/N | Pets Allowed |
| Status | Active |
| Full Baths | 1 |
| Half Baths | 1 |
| Year Built | 1938 |
| Subdivision | Old Town - Unlisted (1.0) |
| Style | Single Family |
| View | No Waterview |
| Property Type | A |
| Fee Includes | None |
| Acres | 0.04 |
| Lot Sqft | 1863.00 |
| Rental Allowed | With Restrictions |
| Building Style: Above Flood | Unknown |
| Dockage | None |
| KW Neighborhood | Old Town-N of Truman |
| Min Rental Days | 30.00 |
Interior Features
| Total Units | 0.00 |
|---|---|
| Furnished Y/N | Unfurnished |
Exterior Features
| Exterior Amenities | Fencing,Fruit Tree(s) |
|---|---|
| Pool | No |
| Waterfront | None |
| Building Style | Conch |
| Lot Size | 22 X 90 |
| Land Size | Less Than 1/4 Acre |
| Porch/Balcony | Open Porch/Balcony |
| Public Sewer Hookup | Yes |
| Side | Median |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33040
Price
Taxes
Year Built
Visits
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- Type
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- Size
- 1,724 SqFt
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Reduced
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$ 2,395,000
319 Grinnell Street
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- Type
- Single Family
- Size
- 1,456 SqFt
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- Size
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- Type
- Single Family
- Size
- 3,015 SqFt
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New Construction
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1 & 2 Aronovitz Lane
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- Type
- Single Family
- Size
- 888 SqFt
- Rooms
- 2 Beds + 1 Baths
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 11, 2026 7:48 AM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
