$1,050,000

506 Grinnell St Key West, FL 33040

$10,000
Closing credit¹
3 beds
1 full, 1 partial
1,416 sqft
0.04 acres
$742 / sqft
House

Property details

About 506 Grinnell St

Charming Historic Home in Old Town Key West = Renovator's Dream Property!Step back in time with this 3-bedroom, 1.5-bathroom historic gem nestled in the heart of Old Town Key West. Conveniently located just minutes from the seaport and bustling downtown, this property offers the perfect combination of classic charm and prime location.Featuring traditional Key West architecture, this home is brimming with potential for restoration and customization. Original details such as hardwood floors, vintage windows, and a spacious front porch evoke the rich history of the island. While the property requires significant renovation, it provides a rare opportunity to create your dream home or a stunning vacation retreat.With three bedrooms and ample living space, this property offers the flexibility to design a layout that suits your lifestyle. The full bathroom downstairs and half bath upstairs add convenience, while the private backyard invites the creation of a tropical oasis.Whether you're an experienced renovator or a visionary ready to bring this historic home back to life, this is your chance to own a piece of Old Town Key West history.Don't miss the opportunity to restore this treasure and make it your own!Contact us today to explore the possibilities.

Highlights

Home typeSingle Family Residence
StatusActive
Size1,416 sqft
Lot size0.04 Acres
Year built1938
MLS #613140

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Total Bedroom Count: 3
  • Architectural Style: Single Family
  • List Price: $1,050,000
  • Price/SqFt: $741
  • Annual Tax Amount: $7,081
  • Tax Year: 2023
  • Directions: Grinnell between Fleming & Southard
  • Year Built: 1938
  • Living Area: 1,416 SqFt
  • Lot Size: 0.04 Acres
  • MLS Number: 613140
  • MLS Name: KeyWest
  • Office Name: Realty ONE Group Destination
  • Office Email: rogdestination@gmail.com
  • Listing Agent: Stacy Stahl

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 1:15:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with covered porch

$1,050,000

506 Grinnell St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 24, 2008
Home Sold
$355,000
Jun 18, 2003
Home Sold
$445,000

Tax history

YearAssessmentProperty Tax
2023$924,233$7,081
2022$765,002$6,178
2021$595,543$6,178
2020$595,068$5,716
2018$552,980$5,392
2017$552,980$5,262

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

2.0 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.6 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.5 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,548. The most common annual income of people living in Key West, FL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

26%
<35k
49%
35k-100k
20%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

76%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
23%
18-34 yrs old
53%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Bob EvansBob Evans

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 Grinnell St

The listing price of 506 Grinnell St property is $1,050,000.

The property 506 Grinnell St is a house located in Key West, Florida, 33040.

Active Listing: 506 Grinnell St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 506 Grinnell St are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), May Sands Montessori School (GreatSchools Rating 5/10), Horace O'Bryant School (GreatSchools Rating 3/10), Sigsbee Charter School (GreatSchools Rating 7/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $7,081 (source: MLS/based on county public records data).

The last sale was on December 24, 2008 for $355,000 (source: MLS/tax record).

The property at 506 Grinnell St has 3 bedrooms and 1 full and 1 half bathrooms.

The property 506 Grinnell St is 1,416 SqFt (source: MLS/tax record).

The year of construction for 506 Grinnell St is 1938.

This home is located at 506 Grinnell St in Key West, FL and zip code 33040. This 1,416 square foot home, which was built in 1938, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,050,000.

Over 4 listings were sold over their listed price in April 2025 in Key West, FL. In the same period over 40 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Key West, FL between March and April 2025 increased by 5.1%. The median list price of listings available in April 2025 was $1,100,000, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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