507 Frances St
Key West, FL 33040
4 bd 3 ba 2,197 sqft Built 1930 Lot 1,892 sqft multi_family
Most recent sale
$1,200,000
Apr 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 7, 2022 | Sold | $1,200,000 | MLS #599099 |
| Jan 7, 2022 | Listed | $1,295,000 | MLS #599099 |
| Aug 23, 2021 | Price changed for rent | $3,500 | KeyWest |
| Aug 12, 2021 | Price changed | $1,249,000 | MLS #597163 |
| Aug 3, 2021 | Listed | $1,295,000 | MLS #597163 |
| Aug 2, 2021 | Listed for rent | $3,900 | KeyWest |
| Feb 13, 2021 | Listing removed | $1,950 | Marathon |
| Sep 18, 2020 | Listing removed | $1,950 | FloridaKeys |
| Aug 20, 2020 | Listed for rent | $1,950 | KeyWest |
| Jul 22, 2020 | Listing removed | $999,000 | Marathon |
| Jul 16, 2020 | Listing removed | $999,000 | FloridaKeys |
| Apr 29, 2019 | Price changed | $999,000 | MLS #583881 |
| Apr 28, 2019 | Price changed | $999,000 | MLS #582960 |
| Apr 10, 2019 | Price changed | $1,135,000 | MLS #583881 |
| Jan 24, 2019 | Listed | $1,150,000 | MLS #583881 |
| Jan 24, 2019 | Price changed | $1,150,000 | MLS #582960 |
| Nov 27, 2018 | Listed | $1,295,000 | MLS #582960 |
| Feb 16, 2012 | Sold | $405,000 | Public Record |
| Jun 30, 2011 | Listing removed | $599,000 | KeyWest |
| Oct 4, 2010 | Listing removed | $599,000 | KeyWest |
| Oct 4, 2010 | Listed | $599,000 | MLS #113671 |
| Aug 23, 2010 | Price changed | $599,000 | MLS #111721 |
| Jun 10, 2010 | Price changed | $649,000 | MLS #111721 |
| May 4, 2010 | Price changed | $689,000 | MLS #111721 |
| Feb 13, 2010 | Price changed | $695,000 | MLS #111721 |
| Oct 15, 2009 | Listed | $699,000 | MLS #111721 |
| Jul 14, 2006 | Sold | $783,000 | Public Record |
| Apr 1, 1986 | Sold | $113,500 | Public Record |
| Feb 1, 1976 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $418,085 | $642,528 | $1,060,613 | $10,416 |
| 2023 | $407,206 | $590,559 | $997,765 | $9,743 |
| 2021 | $322,332 | $339,112 | $661,444 | $7,075 |
| 2020 | $330,190 | $310,765 | $640,955 | $6,863 |
| 2019 | $306,616 | $300,683 | $607,299 | $6,608 |
| 2018 | — | — | $563,934 | $6,650 |
| 2017 | $284,081 | $342,262 | $626,343 | $6,315 |
| 2016 | $256,950 | $338,901 | $595,851 | $6,203 |
| 2015 | — | — | $423,692 | $5,710 |
| 2014 | — | — | $385,175 | $5,258 |
| 2013 | — | — | $381,623 | $5,262 |
| 2012 | — | — | $333,669 | $3,553 |
| 2011 | — | — | $364,463 | $3,898 |
| 2010 | — | — | $338,949 | $3,784 |
| 2009 | — | — | $506,912 | $5,151 |
| 2008 | — | — | $466,263 | $4,147 |
| 2007 | — | — | $638,688 | $5,294 |
Property facts
Year built
1930
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
2,197 sqft
Lot size
1,892 sqft
ZIP code
33040
City
Key West
Street
Frances St
Coordinates
24.56015, -81.79567
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,064
Gross rental yield
4.06%
Implied cap rate
2.64%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Frances St last sell?
507 Frances St most recently sold on Apr 7, 2022 for $1,200,000.
What is the current tax assessment for 507 Frances St?
The most recent total assessment for 507 Frances St (year 2025) is $1,060,613 with $10,416 in property tax.
How does 507 Frances St's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $1,200,000.
When was 507 Frances St built?
507 Frances St was built in 1930.
How does 507 Frances St compare to others on Frances St?
We track 8 other properties on Frances St. Browse the list under "Other properties on Frances St" to compare beds, baths, and sale history.
What are the property facts for 507 Frances St?
507 Frances St is a 4 bed, 3 bath, 2,197 sqft, 1,892 sqft lot multi_family.
Is 507 Frances St a flip candidate?
No — 507 Frances St does not appear in our flips dataset.
Is 507 Frances St a tax-appeal candidate?
No — 507 Frances St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$1.76M
2026 Q4
$1.81M
ZIP 33040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Frances St