$2,450,000
Key West, FL 33040
MLS# 608366
Status: Closed
2 beds | 3 baths | 1360 sqft
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Property Description
TRANSIENTLY LICENSED Vacation Rental Home with over $200K in Rental Income. Single family private homes in Old Town with the true Conch House charm, a private, heated pool and a true transient nightly rental license are the Unicorns of our market - you so rarely see them they almost appear as legend. Enter 901 Grinnell Street: a 2 Bedroom, 3 Bathroom single family home with a private pool and a true transient license to operate as a nightly rental with no minimums or additional restrictions. This property is fully outfitted as a luxury vacation rental with a decade of performance history in the top of the market, grossing an average of $200,000+ per year in 2021, 2022, 2023, and on track to achieve the same in 2024 with $85,000+ in rentals already on the books for the calendar year. With constant attention paid at the highest level of management over the past decade, mixed with enormous renovations and attentive upgrades this home is a turnkey vacation rental cash cow perfect for Buyers who also intend to use the home as their own when visiting. Property sold completely turnkey including all furniture, fixtures, electronics, artwork, housewares...walk right in to this high performing rental. Renovations and upgrades include entire top floor, all bathrooms, kitchen, flooring throughout, exterior siding, pool deck, porches...Come see for yourself...
Details
Maps
Documents
Contract Information
Current Price: $2,450,000
Listing Date: 2024-01-27
Listing Board: Key West Association
Leased Price Monthly: $2,450,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 901
Street Name: Grinnell
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1948
Total Units: 1
Lot SqFt: 1624
Lot Sqft Source: Tax Records
Acres: 0.04
Living Apx SqFt: 1360
SqFt Source: Seller
Total Bedrooms: 2
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Status Change Info
Under Contract Date: 2024-03-14
Leased Date: 2024-06-10
Leased Price Monthly: $2,450,000
Sold Comments: Thank you Joe!
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 1
Transient Rntl Licns: Yes
Building Style
Above Flood: Yes
# Stories: 2 Stories
Pool Info
Heated: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Conch
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Ductless
Heating: Hot Water
Utilities: Buyer to Verify
Interior Features: Dade County Pine; Drapes/Blinds Incl; Sky Light(s); Smoke Alarms
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Freezer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Water Display
Pool Info: In Ground; Decked
Construction: Frame
Shutters: Bahama; Panel
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
GF-Interior Features: Tankless Hot Wtr Htr
Room Information
| Room Name | Level |
| Living Room | Main |
| Bedroom 1 | Second |
| Bedroom 2 | Second |
| Kitchen | Main |
| Full Bathroom | Main |
| Full Bathroom | Second |
| Full Bathroom | Second |
Listing Brochure | Financials| Renovatio 
Listing Office: eXp Realty LLC
Last Updated: April - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.