101 Admirals Lane , FL - KEY WEST
5 Beds, 4 Baths (full), Single Family
With its special transient license, The Royal Compound is currently generating $500,000 a year from first-class guests who will accept only the best in vacation homes. Whats interesting is that most of the rental income comes from monthly rentals, so you can expect almost as much income without a transient license. This extraordinary home is situated on one of the largest lots (14,183 SF) in Truman Annex and is being offered as the ultimate turnkey property. There are a total of 5 bedrooms and 4 bathrooms: 3 bedrooms and 2 bathrooms in the main house and two 1 bedroom, 1 bathroom private cottages. This expansive property includes a covered seating and dining area under the gazebo, which overlooks the resort-style heated pool and outdoor kitchen. The value of this home is not only its privacy with exotic landscaping, but its ability to generate income when you are away. Schedule your private showing of The Royal Compound to appreciate the uniqueness of this one-of-a-kind property!
Listing Summary for 101 Admirals Lane
Price:
$7,249,000
Bedrooms:
5
Bathrooms:
4
Half Baths:
n/a
Square Footage:
3,173
Lot Sq. Ft.:
n/a
Year Built:
1994
Property Type:
Residential - Single Family
Sub-Type:
Single Family
MLS® #:
612065
Status:
Active
Address:
101 Admirals Lane
City:
Key West
State:
FL
Zip:
33040
County:
Monroe
Key:
Key West
Side of Island:
Median
Community:
Old Town Unrecord
Mile Marker:
1.00
Tax Year:
2023
Date Listed:
11-01-2024
Additional Information
Is Waterfront:
No
Waterfront Type:
None
View
No Waterview
Has Pool:
Yes
Pool Info:
n/a
Short Sale:
n/a
Foreclosure:
No
Pets:
n/a Restrictions: YES
Docakge Type:
None
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
Manned Gate,Patrolled Area
Building Construction:
Frame
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (612065) is provided courtesy of (Last Key Realty, Inc (KW)). Data last updated on 12-28-2024.
