$2,295,000

531 Frances St Key West, FL 33040

$10,000
Closing credit¹
3 beds
2 full, 1 partial
1,681 sqft
0.07 acres
$1,365 / sqft
House

Property details

About 531 Frances St

Welcome home to 531 Frances Street, located in the heart of old town Key West within walking distance to shops, restuarants, harbor walk and Duval. From the white picket fence to the wide front porch, this charming home is a classic. The first floor features an open floor plan with high ceilings and gorgeous natural light. The living room, dining and kitchen all open to the decked pool area. A covered loggia is perfect for outdoor dining, entertaining or relaxing rain or shine. The heated blue tiled pool is the focal point for the outdoor space. The primary bedroom with en-suite bathroom, den/third bedroom with walk-in closet and convenient half bath are also located on the first floor. Upstairs is a guest suite including a bedroom and a large bathroom that has plenty of storage space and access to the upstairs deck. The brick walkway, formerly used as parking, meanders around one side of the house and on the other side is a ramp which is one aspect of the full accessibility of the first floor of this home. The location on the corner of Frances and Stump Lane is ideal, tree lined and surrounded by beautiful homes. Features and amenities include Smart Home technology with cameras and thermostat, Rain Barrel water collection system, Azek and wood decking. This home is designated in the X zone and has been lovingly maintained. It will please the most discerning buyers.

Highlights

Home typeSingle Family Residence
StatusActive
Size1,681 sqft
Lot size0.07 Acres
Year built1933
MLS #612813
Private poolYes

Summary

  • MLS Number: 612813
  • MLS Name: KeyWest
  • Office Name: Preferred Properties (KW)
  • Office Phone: (305) 294-3040
  • Listing Agent: Laura A McChesney

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 10:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a fenced front yard and covered porch

$2,295,000

531 Frances St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 23, 1998
Home Sold
$285,000

Tax history

YearAssessmentProperty Tax
2023$1,177,299$466
2022$1,143,009$446
2021$1,109,718$446
2020$1,094,397$418
2018$1,049,845$410
2017$1,028,253$410

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

1.9 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.5 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.3 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,729. Most Key West, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
45%
35k-100k
28%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

74%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
23%
18-34 yrs old
56%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolkswagenVolkswagen
  • VolvoVolvo
  • LincolnLincoln

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 531 Frances St

This home is located at 531 Frances St in Key West, FL and zip code 33040. This 1,681 square foot home, which was built in 1933, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $2,295,000.

In March 2025 more than 5 listings in Key West, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 41 were sold below. Between February and March 2025, Key West, FL real estate market has seen increase in the number of listings by 9.3%. In March 2025 median list price was $1,050,000 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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