506 Frances Street
Key West, FL 33040
- 6 beds
- 4 baths
- 2,671 sqft
- 3,883 sqft lot
- $861 per sqft
- 1892 build
- – on site
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.
Last checked:
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Last updated Mar 27, 2025
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MLS# 614330 —
The Building
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Year Built:1892
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Construction:Frame
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Style:Multi-Units
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Exterior Features:Shed
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Roof:Metal Roof
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Porch/Balcony:Open Porch/Balcony, Deck, Patio
Interior
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Furnished:Unfurnished
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Interior Features:Pantry, Dade County Pine, Storage
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Floor:Tile
The Property
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Parcel #:00007320-000100
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Lot SqFt:3883.00
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:HHDR - Historic High Density Residential
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Waterfront:No
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Waterview:No Waterview
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Flood Zone:AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 393-1267
- Office phone:
- (305) 292-2244
Taxes
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Tax Year:2024
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Taxes:10488.38
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Tax Exemptions:None
Beds
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Total Bedrooms:6
Baths
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Total Baths:4.00
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Full Baths:4
Heating & Cooling
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Cooling:Wall/Window Unit(s), Ductless, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Oven, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Old Town - Unrecord (1.0)
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Dockage:None
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/25/25
Mar 25, 2025
|
Listed / Active | FLKMLS | $2,300,000 |
