506 Frances Street,KEY WEST, FL 33040
KEY WEST, FL 33040
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.
Details
| MLS# | 614330 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1892 |
| Days On Site | 36 |
| Listing Provided By | Truman & Co. (KW) | Team Kaufelt |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,671 |
| Zoning | HHDR - Historic High Density Res |
| Acreage | 0.09 |
| Water Front | None |
| Property View | No Waterview |
Market Activity 33040
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | Old Town Unrecord (1.0) |
| Listing VS Median (in Old Town Unrecord (1.0)) | |
Price: $2,300,000 low | high Med: $2,095,000 SqFt: 2,671 low | high Med: 1,628 $ / SqFt: $861 low | high Med: $1,338 On site: 36 low | high Med: 95.500000 | |