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506 Grinnell Street STREET

KEY WEST, FL 33040
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Bed 3

Bed

Bath 2

Bath

SqFt1,416

Sqft

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

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Detail Ic Property Details

Property Type : Residential - Single Family

Price : $999,000

AD Id : 89551723

MLS Id : 620987

Beds : 3

Living Area Size : 1,416

Year Built : 1938

County : Monroe

Subdivision: Old Town - Unlisted (1.0)

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1
  • Interior Features

    Appliances: Dishwasher,Gas Appliances,Range,Refrigerator
  • Heating & Cooling

    Cooling: Wall/Window Unit(s) Water Front: No None No Waterview

  • Building Information

    Year Built: 1938 Total Units: 0.00 Floor Location: 1863 Construction: Frame
  • Exterior Features

    Fencing,Fruit Tree(s)

  • Lot Information

    Lot Dimensions: 22 X 90 Lot SqFt: 1,863 Lot SqFt Source: Tax Records Kw Pt Lot 2 Sqr 46 H1-597 Or488-591/92 Or932-1856 Or1297-2343/44 Or1297-2349/51 Or1297-2352/54 Or1301-311/13 Or1301-314/
  • Property Information

    SQ ft (Living Area): 1,416 View: No Waterview Subdivision: Old Town - Unlisted (1.0)

  • Listing Price Information

    List Price: $999,000
  • Listing Information

    No Seller Finance,Conventional,Cash

  • Tax Information

    Taxes: $8,348 Tax Year: 2025 Parcel Number: 00007760000000 Tax Exemptions: None

  • Multi-Unit Information

    Pets Allowed: Pets Allowed
  • Homeowners Association Information

    Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

  • Utility Information

    FKAA,Cable Available,Municipal Sewer
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287 & 289 Golf Club Dri.., Key West, FL, 33040 $2,350,000 6 6 2,840 2,840 SqFt
263 Golf Club Drive DRIVE, Key West, FL, 33040 $1,150,000 3 3 1,480 1,480 SqFt
202 Golf Club Drive DRIVE, Key West, FL, 33040 $799,000 2 3 1,120 1,120 SqFt
224 Golf Club Drive DRIVE, Key West, FL, 33040 $875,000 2 3 1,120 1,120 SqFt

ByOwner last updated this listing 08/17/2026 @ 00:30

MLS: 620987 LISTED BY: Stacy Stahl , Realty ONE Group Destination 305-293-8881 SOURCE: Florida Keys MLS, Inc.

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