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506 Frances Street

Key West, FL 33040
  • $2,300,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 614330
UPDATED: 22 min ago
$2,300,000
  • 6
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,671
    SQFT
  • $861
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1892
County:

School Ratings & Info

Description

Nestled on one of the most coveted blocks in Key West, this exceptional property in the Historic District is brimming with character and untapped potential. Currently configured as four distinct apartments - (A) 2BR/1BA, (B) 2BR/2BA, (C) Studio/1BA, and (D) 1BR/1BA - totaling 2,671 sq. ft., each unit features its own private outdoor space, a well-appointed kitchen, ample storage, and high ceilings that enhance the home's historic charm. Steeped in history, the home showcases classic Dade County pine walls, intricate crown molding, original spindles, and timeless Key West architecture. While not currently producing as a high-income property due to its setup for professional housing, it presents an incredible investment opportunity with the right vision. Whether reimagined as a high-yield rental, transformed into a grand single-family residence, or curated as a private compound, the possibilities are endless. With top-rated restaurants, vibrant amenities, and beaches just a stroll or bike ride away, this address delivers the quintessential Key West lifestyle - where history, elegance, and opportunity intersect. Seize this moment. The best of Key West awaits.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/161845272
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506 Frances Street Key West, FL 33040

  • Price: $2,300,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 22 min ago
  • MLS #: 614330
6
Beds
4
Baths
0
½ Baths
0.09
Acres
2,671
SQFT
$861
$/SQFT
1892
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
01 - Key West
Property Description
Nestled on one of the most coveted blocks in Key West, this exceptional property in the Historic District is brimming with character and untapped potential. Currently configured as four distinct apartments - (A) 2BR/1BA, (B) 2BR/2BA, (C) Studio/1BA, and (D) 1BR/1BA - totaling 2,671 sq. ft., each unit features its own private outdoor space, a well-appointed kitchen, ample storage, and high ceilings that enhance the home's historic charm. Steeped in history, the home showcases classic Dade County pine walls, intricate crown molding, original spindles, and timeless Key West architecture. While not currently producing as a high-income property due to its setup for professional housing, it presents an incredible investment opportunity with the right vision. Whether reimagined as a high-yield rental, transformed into a grand single-family residence, or curated as a private compound, the possibilities are endless. With top-rated restaurants, vibrant amenities, and beaches just a stroll or bike ride away, this address delivers the quintessential Key West lifestyle - where history, elegance, and opportunity intersect. Seize this moment. The best of Key West awaits.
Exterior Features

Above Flood Unknown Construction Frame Dockage None Exterior Features Shed Land Size Less Than 1/4 Acre Pool YN No Porch Balcony Open Porch/BalconyDeckPatio Roof Metal Roof Side Median Style Multi-Units Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherOvenRefrigeratorDishwasherDryer Cooling Heating Wall/Window Unit(s)DuctlessCeiling Fans(s) Floor Tile Furnished Unfurnished Interior Features PantryDade County PineStorage

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone AE Key West Neighborhood Old Town-N of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2024 Taxes 10488.38 Utilities FKAAWater Separate MeterCable AvailableElect Separate MeterBuyer to VerifyMunicipal Sewer Zoning HHDR - Historic High Density Residential

Listing courtesy of Team Kaufelt of Truman & Co. (KW): (305) 292-2244.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040