# 506 Grinnell Street, Key West, FL 33040

> **TL;DR:** 3bd/2ba single family, $999,000 ($706/sqft), built 1938, 1,416 sqft.
> View, A/C. Est. $5,342/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,000 |
| Price/sqft | $706 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,416 |
| Year Built | 1938 |
| Lot Size | 1,742 sqft (0.04 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 35 |

## Why This Home Stands Out

- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,051 |
| Estimated Insurance | $291 |
| **Total** | **$5,342** |

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1938
- 0.04 acre lot

## Description

### Agent Description
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

## Location

- **Address:** 506 Grinnell Street, Key West, FL 33040
- **County:** Monroe
- **Neighborhood:** Old Town - Unlisted (1.0)
- **Coordinates:** 24.559242, -81.797071
- **Google Maps:** https://www.google.com/maps?q=24.559242,-81.797071

## Listing Agent

- **Name:** Stacy Stahl · **License:** 3050896
- **Brokerage:** Realty ONE Group Destination
- **Phone:** 3057319510
- **Broker Phone:** 3052938881
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/506-Grinnell-St_Key-West_FL_33040_M67484-79906?f=listhub&s=FLKEYSMLSFL&m=620987&c=propsimple)

## Photos

![506 Grinnell Street - Photo 1](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f239647719r.jpg)

![506 Grinnell Street - Photo 2](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1492157749r.jpg)

![506 Grinnell Street - Photo 3](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f4071602634r.jpg)

![506 Grinnell Street - Photo 4](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1974129884r.jpg)

![506 Grinnell Street - Photo 5](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f283948195r.jpg)

![506 Grinnell Street - Photo 6](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1240226796r.jpg)

![506 Grinnell Street - Photo 7](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1711541768r.jpg)

![506 Grinnell Street - Photo 8](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f3494524656r.jpg)

![506 Grinnell Street - Photo 9](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1637719281r.jpg)

![506 Grinnell Street - Photo 10](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1970090721r.jpg)

![506 Grinnell Street - Photo 11](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f3054798793r.jpg)

![506 Grinnell Street - Photo 12](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f865011179r.jpg)

![506 Grinnell Street - Photo 13](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f977409534r.jpg)

![506 Grinnell Street - Photo 14](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1688917650r.jpg)

![506 Grinnell Street - Photo 15](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f3526453643r.jpg)

![506 Grinnell Street - Photo 16](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f3746659680r.jpg)

![506 Grinnell Street - Photo 17](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f602302465r.jpg)

![506 Grinnell Street - Photo 18](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1713289388r.jpg)

![506 Grinnell Street - Photo 19](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f3218807831r.jpg)

![506 Grinnell Street - Photo 20](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f699202125r.jpg)

![506 Grinnell Street - Photo 21](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f2594895857r.jpg)

![506 Grinnell Street - Photo 22](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1427545281r.jpg)

![506 Grinnell Street - Photo 23](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f2095119588r.jpg)

![506 Grinnell Street - Photo 24](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f4025782356r.jpg)

![506 Grinnell Street - Photo 25](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f3017238848r.jpg)

![506 Grinnell Street - Photo 26](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1154841798r.jpg)

![506 Grinnell Street - Photo 27](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f1566479180r.jpg)

![506 Grinnell Street - Photo 28](http://lh.rdcpix.com/fb7b0db22ad1f5b9e80542c6b19e68e5l-f554835753r.jpg)

---

**MLS#:** 620987 | **Updated:** 2026-08-14
**Source:** listhub

*Copyright © 2026 Florida Keys Board of REALTORS&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/506-grinnell-street-key-west-fl-33040-2d7cb883)

---

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