506 Grinnell Street, Key West, FL

$999,000

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3

Beds

2

Baths

1,416

Square feet

1,742

Land Size

About 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

Features of 506 Grinnell Street

MLS® # 620987
Price $999,000
Bedrooms 3
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 1,416
Land Size 1,742
Year Built 1938
Type Residential
Sub-Type Single Family Residence
Style Conch
Status Active

Community Information

Address 506 Grinnell Street
Area 02 - Key West
Subdivision Old Town - Unlisted (1.0)
City Key West
County Monroe
State FL
Zip Code 33040

Amenities

Utilities FKAA, Municipal Sewer, Cable Available
View No Waterview
Is Waterfront No
Waterfront None
Has Pool No

Interior

Appliances Dishwasher, Refrigerator, Range, Gas Appliances
Cooling Wall/Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Features Fencing, Fruit Tree(s)
Lot Description Less Than 1/4 Acre
Construction Frame

Additional Information

Date Listed August 14th, 2026
Days on Market 26
Zoning HHDR - Historic High Density Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentStacy Stahl
OfficeRealty ONE Group Destination

Listing Map

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