901 Grinnell Street, Key West, FL 33040

$2,750,000 Asking Price

2 beds
3 baths
1,360  sqft
Built in 1948

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...

Features & Amenities

Interior

General:
Dade County Pine,Sky Light(s),Smoke Alarms,Drapes/Blinds Incl
Flooring:
Tile,Wood
A/C:
Ceiling Fans(s),Ductless,Central Air

Exterior

General:
Fencing,Water Display,Privacy Wall/Fence,Outdoor Shower
Pool:
Yes, Other,In Ground

Construction

Roofing:
Metal Roof

Location

County:
Monroe

Lot

Zoning:
HHDR - Historic High Density Residential, 1021547, 00020810-000000

Utilities

Utilities:
Buyer to Verify

This listing courtesy of:
eXp Realty LLC, Alexis Kennedy O'Donnell

About Key West, FL

Housing

Number of Units
17,193
Median Home Value
$691,198
Median Rent
$1,698

57.07% of housing units are renter occupied.

19.25% are vacant.

Commute

Car
63.42%
Public Transportation
0.78%
Walk to Work
6.60%
Work from Home
10.68%
Other
2.85%

The median travel time to work is 14 minutes.

People

Population
31,038
Median Age
43.40
Median Household Size
2.48

Education

High School
26.79%
Associate’s Degree
7.86%
Bachelor’s Degree
22.80%
Graduate Degree
13.76%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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