506 Grinnell Street, Key West, FL 33040
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
506 Grinnell Street,Key West, FL 33040
$999,000
- 3 Beds
- 2 Baths
- 1,416 sq. ft.
- Single family
- Active
Listed by: stacy stahl
Office: realty one group destination
MLS#:620987
Source:FL_FKBOR
Price summary
- Price:$999,000
- Price per sq. ft.:$705.51
About this home
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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Home facts
- Year built:1938
- Subdivision & Development:Old Town - Unlisted (1.0)
- Listing ID #:620987
- Added:1 day(s) ago
- Updated:August 14, 2026 at 11:48 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Living area:1,416 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Year built:1938
- Building area:1,416 sq. ft.
- Lot area:0.04 Acres
- Construction Materials:Frame
- Exterior Features:Fencing, Fruit Tree(s)
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$705.51
- Tax amount:$8,348
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