506 Frances Street

KEY WEST, FL 33040

  • 6 Bed(s)
  • 4 Bath(s)
  • 2,671 Sqft
$2,300,000

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.

  • Property Type

    Residential - Single Family

  • County

    Monroe

  • Style

    Multi-Units

  • AD ID

    49085580

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Property Details

  • Bedroom Information

    • Total Bedrooms : 6

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Interior Features

    • Pantry,Dade County Pine,Storage
    • Appliances : Washer,Oven,Refrigerator,Dishwasher,Dryer

    Roofing Information

    • Metal Roof

    Flooring Information

    • Tile

    Heating & Cooling

    • Cooling: Wall/Window Unit(s),Ductless,Ceiling Fans(s)
    • Water Front: No
    • None
    • No Waterview

  • Building Information

    • Year Built: 1892
    • Total Units: 0.00
    • Floor Location: 3883
    • Construction: Frame
    • Roof: Metal Roof

    Exterior Features

    • Shed

  • Lot Information

    • Lot SqFt: 3,883
    • KW PT LT 2 SQR 45 OR710-619 OR712-307 OR851-184 OR1116-1846/47 OR1486-2493/95 OR1516-1076/77 OR1585-1948 OR2496-528/29

    Property Information

    • SQ ft (Living Area): 2,671
    • View: No Waterview
    • Subdivision: Old Town - Unrecord (1.0)

  • Listing Price Information

    • List Price: $2,300,000

  • Tax Information

    • Taxes: $10,488
    • Tax Year: 2024
    • Parcel Number: 00007320-000100
    • Tax Exemptions : None

  • Multi-Unit Information

    • Pets Allowed: Pets Allowed

    Homeowners Association Information

    • Mandatory Home Owners Asc : No
    • 1st Right of Refusal : No
    • Association Fee $0.00

  • Utility Information

    • FKAA,Water Separate Meter,Cable Available,Elect Separate Meter,Buyer to Verify,Municipal Sewer
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BuyOwner last updated this listing 04/01/2025 @ 22:08

  • MLS: 614330
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Florida Keys MLS, Inc.

is a Home, with 6 bedrooms which is for sale, it has 2,671 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of KEY WEST , in zip code 33040, this Monroe County Home , it is in the Lime Grove (3.0) Subdivision, and are nearby neighborhoods.