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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.

Overview

Property Status
For Sale
Lot Size
3,883 Sq.Ft.
MLS ID
614330
Property Type
Residential
Year Built
1892

Features & Amenities

Neighborhood
Old Town
Water Frontage
None
View Description
No Waterview
Utilites
FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
Roof
Metal Roof
Air Conditioning
Wall/Window Unit(s), Ductless, Ceiling Fans(s)
HOA Amenities
None
Other Exterior Features
Shed
Sales Price
$2,300,000
Real Estate Tax
$10,488/yr
Zoning
HHDR - Historic High Density Residential

Downloads

506 Frances Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 506 Frances Street, Key West, FL 33040

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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.

Overview

Property Status
For Sale
Lot Size
3,883 Sq.Ft.
MLS ID
614330
Property Type
Residential
Year Built
1892

Features & Amenities

Neighborhood
Old Town
Water Frontage
None
View Description
No Waterview
Utilites
FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
Roof
Metal Roof
Air Conditioning
Wall/Window Unit(s), Ductless, Ceiling Fans(s)
HOA Amenities
None
Other Exterior Features
Shed
Sales Price
$2,300,000
Real Estate Tax
$10,488/yr
Zoning
HHDR - Historic High Density Residential

Downloads

506 Frances Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Enter a valid email

Thank you

for your interest in 506 Frances Street, Key West, FL 33040

back to page
506 Frances Street
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