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524 Frances Street

524 Frances Street, Key West, FL 33040
House in Key West
524 Frances Street in Key West, FL was first built in 1938 and is 88 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a property type. There are a total of 200 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 524 Frances Street has 3,015 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,643 square feet.

Learn more about the property and building on this page. There is a and a . For those who love swimming as a form of exercise, you'll be excited to find out that there is a on the property. The home has a style roof made of . For those who need parking, there is a . The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . While the interior walls are made of . Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 524 Frances Street sold most recently in Jan 14, 2021 for a total of $2,800,000. If you work out the math, that's approximately a cost of $928.69 per sqft. Before that, the property was also sold for $2,800,000 in Apr 21, 2006. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,144,552 in taxes each year. 524 Frances Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,911,528. If we break it down further, the land itself was valued at $1,556,671. Improvements to the property, however, were assessed at a total of $1,354,857. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20201113
11/13/2020
4 Bed
4 Bath
2820 ft²
$2,985,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2820 ft²
-
-
Scott P Forman
Royal Palms Realty (KW)
20180619
06/19/2018
4 Bed
4 Bath
2820 ft²
-
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2820 ft²
-
-
Scott P Forman
Royal Palms Realty (KW)


Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 10
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,643
  • Total Building Area: 3,015
  • Gross Building Area: 3,015
  • Building Area: 3,015
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,015
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISLAND OF KEY WEST
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: KW PT LOT 1 SQR 45 VV-33 COUNTY JUDGES SERIES 3-J2 AND PT LOT 1 SQR 45 E1-13 G43-239/240 OR437-155/56 OR458-752/54 OR460-792/93 OR797-2042/43 OR926-999 OR975-1327/28 OR975-1329/32 OR1052-839 OR1200-923 OR1298-275/76 OR1436-825/26 OR1592-675/77 OR1592

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 972800

Zoning

  • Zoning: HHDR

Geography

  • Account Number: 1007471
  • Parcel: 00007210-000000
  • Lot: 1
  • Meridian: SEC 06 TWN 68S RNG 25E
  • Municipality: CITY OF KEY WEST
  • Latitude: 24.5595
  • Longitude: -81.7956

    Address

  • Full Address: 524 Frances St
  • Address - House Number: 524
  • Address - Street Name: Frances
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key West
  • Carrier Code: C042
  • 4-Digit Zip Code: 7121
  • Zip Code: 33040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,144,552
  • Tax Rate Code Area: 10KW

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 4,548,304
  • High Value: 5,683,702
  • Low Value: 3,412,906

    Market Valuation

  • Market Total Value: $2,911,528
  • Market Land Value: $1,556,671
  • Market Improvement Value: $1,354,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,911,528
  • Assessed Land Value: $1,556,671
  • Assessed Improvements Value: $1,354,857

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2299456
  • Previous Sale Recording Date: Apr 27, 2006
  • Previous Sale Contract Date: Apr 21, 2006
  • Previous Sale Amount: $2,800,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Key West



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Frequently Asked Questions

What neighborhood is 524 Frances Street located in?
The 524 Frances Street is a house located in the neighborhood of Key West in Key West, Key West.
What is the average sales price for listings in 524 Frances Street?
The average sales price for units in 524 Frances Street is $0 currently.