1. Florida
2. Key West
3. 506 Frances Street

506 Frances Street, Key West, FL 33040

• 6 beds |
• 4 baths |
• 2,671 sqft

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.

Listing Status:

Active

Listing Office:

Truman & Co. (KW) : (305) 292-2244

Listing Agent:

Team Kaufelt : (305) 393-1267

MLS ID:

614330

Interior

• General: PantryDade County PineStorage
• Flooring: Tile
• A/C: Wall/Window Unit(s)DuctlessCeiling Fans(s)

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Team Kaufelt, Truman & Co. (KW)