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506 Grinnell Street
Key West FL 33040 US

$999,000

Active Listing ID 620987
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3 bed
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1,416 square feet
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2.00 Bath (1 Full , 1 Half)
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Lot: 0.04 Acres
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Single Family Residence

$999,000

Active Listing ID 620987
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506 Grinnell Street 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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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • 1/2 Bathrooms: 1
  • Cooling System: Window Unit(s), Wall/Window Unit(s)
  • Exterior Finish: Fencing, Fruit Tree(s)
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 999000
  • unparsedaddress: 506 Grinnell Street
  • postalcity: Key West
  • stateorprovince: FL
  • country: US
  • postalcode: 33040
  • bathroomsfull: 1
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 1416
  • livingareaunits: Square Feet
  • latitude: 24.559242
  • longitude: -81.797071
  • listagentfullname: Stacy Stahl
  • listagentemail: stacy@keywestcondos.com
  • listagentkey: 3yd-KWARFL-20080326131336031199000000
  • listagentmlsid: kwa.1506
  • listagentpreferredphone: 3057319510
  • listofficekey: 3yd-KWARFL-20220215191506661218000000
  • listofficemlsid: kwa.263510631
  • disclaimer: Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1938
  • listingcontractdate: 2026-08-14
  • listagenturl: www.soldbystacy.com
  • countyorparish: Monroe
  • parcelnumber: 00007760000000
  • appliances: Dishwasher, Refrigerator, Range, Gas Appliances
  • cooling: Window Unit(s), Wall/Window Unit(s)
  • constructionmaterials: Frame
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Realty ONE Group
  • exteriorfeatures: Fencing, Fruit Tree(s)
  • architecturalstyle: Other
  • rooms: Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
  • utilities: Cable Available
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.79707, 24.559242
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty ONE Group Destination", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stacy@keywestcondos.com", "ListBrokerageCity":"Key West", "ListBrokerageCountry":"US", "ListBrokerageEmail":"stacy@keywestcondos.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty ONE Group Destination", "ListBrokeragePhone":"(305) 293-8881", "ListBrokeragePostalCode":"33040", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 1", "ListBrokerageUnparsedAddress":"1209 Truman Ave", "ListBrokerageWebsiteUrl":"http://realtyonegroupdestination.com", "ListOfficeAddress1":"1075 Duval Street Suite C19", "ListOfficeAddress2":"Suite 1", "ListOfficeBrokerMlsId":"20220215191506661218000000", "ListOfficeCity":"Key West", "ListOfficeCountry":"US", "ListOfficeEmail":"rogdestination@gmail.com", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Other - Key West, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/506-Grinnell-St_Key-West_FL_33040_M67484-79906?f=listhub&s=KWARFL&m=620987&c=rexren", "MLSModificationTimestamp":"2026-08-14 18:00:41", "Neighborhoods":[{"Description":null, "Name":"Old Town - Unlisted (1.0)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8348, "TaxDescription":"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/", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/14/2026 6:03:28 PM GMT
Source Updated Date: 8/15/2026 6:52:03 PM GMT

Courtesy of: Stacy Stahl, Realty ONE Group Destination, stacy@keywestcondos.com

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.