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Charming 3-Bedroom Home with Heated Pool in Key West

Traditional Key West residence featuring 3 bedrooms, 3 baths, a heated pool, and a versatile cabana room on a large private lot.
$2,595,000
  • for_sale
  • Active
  • 3 Beds
  • 3 Baths
  • 2049 Sq. Ft.

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Florida Local Time --:--
MLS #R11067758
Listing Updated: 2026-07-12 00:33:54
Listed By: Equestrian Sotheby's International Realty Inc.

Overview

This well-maintained traditional Key West home offers three spacious bedrooms and three full bathrooms, complemented by abundant closet space throughout. The property sits on a large private lot that includes a heated pool with a waterfall feature, creating a serene outdoor retreat. A sizable cabana room with air conditioning, heating, and ample closet space provides flexibility as a potential fourth bedroom or entertainment space. The home’s generous rooms are ideal for gatherings, enhanced by a quaint front porch and off-street parking. This residence blends classic charm with functional living in a desirable location.

Property Highlights

Three bedrooms and three full baths, heated pool with waterfall, large private lot, cabana room with A/C and heat, ample closet space, off-street parking, traditional Key West style.

Property Details

City: Key West
State: FL
Zip Code: 33040
Address: 508 Grinnell Street, Key West FL 33040
Year Built: 1938
Property Type: Residential
Property Sub Type: Single Family Residence
Listing Office Name: Equestrian Sotheby's International Realty Inc.
County: Monroe County
Garage Spaces: 0
Parking Features:
Interior Features: Pantry, Storage, Studio Apartment, Utility Room/Laundry
Exterior Features:
Waterfront: No
Pool: Yes
HOA Fee: $0
Annual Tax: $13,305
Days On Market: 459 Days
Traditional key West home impeccably maintained, boasts three bedrooms, three full baths with plenty of closets throughout the home. Large private lot with a heated pool featuring a waterfall. Nice size cabana room that has a/c and heat with ample closet space can be a fourth bedroom. This home has large rooms for entertaining, quaint front porch and off street parking. A true treasure.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

508 Grinnell Street, Key West FL 33040

About This Neighborhood

Located in Key West, this home benefits from a vibrant community known for its historic charm and coastal lifestyle. The neighborhood offers convenient access to local shops, dining, and recreational opportunities. Residents enjoy a relaxed atmosphere with proximity to beaches and waterfront areas, making it an appealing place for families and individuals seeking a balanced lifestyle.

Walkability & Lifestyle

The home’s location in Key West provides a walkable environment with nearby restaurants, shops, and entertainment options. Residents can enjoy easy access to beaches and waterfront parks, supporting an active and outdoor-oriented lifestyle. The neighborhood’s charm and amenities encourage walking and exploration within the community.

Things To Do Nearby

Key West offers a variety of activities including boating, fishing, dining, and cultural events. The area’s waterfront setting provides opportunities for water sports and relaxation. Local parks and entertainment venues contribute to a vibrant lifestyle for residents and visitors alike.

Nearby Schools

Key West offers access to several educational institutions that serve the community, providing convenient options for families. The area supports a range of schooling choices, contributing to the neighborhood’s family-friendly reputation. Proximity to schools adds to the property’s appeal for buyers prioritizing education accessibility.

Why Buyers Like This Area

Buyers appreciate this Key West home for its blend of traditional style and modern comforts, including a heated pool and flexible cabana space. The large lot and off-street parking add convenience, while the location offers easy access to local amenities and coastal attractions. Its versatile layout suits a range of lifestyles, making it a practical choice in a desirable area.

Investment Potential

This Key West residence offers a unique opportunity for buyers seeking a home with versatile living spaces and outdoor amenities. The heated pool and cabana room enhance the property’s appeal for seasonal renters or long-term residents. Its location in Key West, a sought-after destination, supports steady interest from tenants and homeowners alike. The spacious lot and well-maintained condition contribute to its usability and attractiveness in the local market.

Market Trends

The Key West real estate market remains active with consistent demand for single-family homes that combine traditional character and modern amenities. Properties with outdoor features like pools and flexible living spaces continue to attract buyers. Inventory levels support a competitive environment where well-maintained homes in desirable locations maintain strong appeal.

Rental Income Potential

Homes in Key West with features such as heated pools and additional living spaces like cabana rooms tend to attract tenant interest, especially during peak seasons. The property’s layout and amenities make it suitable for a variety of renters, including families and vacationers. Its location enhances rental desirability, though rental income can vary based on market conditions and management.

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