About 101 Admirals Lane
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. What's 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!
Features of 101 Admirals Lane
| MLS® # | 612065 |
|---|---|
| Price | $7,249,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,173 |
| Acres | 0.33 |
| Year Built | 1994 |
| Type | Residential |
| Sub-Type | Single Family |
| Style | Ground Level |
| Status | Active |
Community Information
| Address | 101 Admirals Lane |
|---|---|
| Area | 01 - Key West |
| Subdivision | Old Town - Unrecord (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA, Propane, Cable Available, Municipal Sewer |
|---|---|
| Parking Spaces | 4 |
| Parking | Carport, Covered Parking, Off Street Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
| Pool | In Ground, Decked, Concrete |
Interior
| Interior Features | Cathedral Ceilings, Window Treatments, Granite Counter Top, Smoke Alarms, Security System, Fireplace(s), Split Bedroom |
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Ice Machine, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer |
| Cooling | Central Air, Ductless, Ceiling Fans(s) |
| Fireplace | Yes |
Exterior
| Exterior Features | Bar, Storage, Sprinkler System, Shed, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Gazebo, Fencing |
|---|---|
| Lot Description | 1/4 - 1/2 Acre |
| Windows | Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, French Doors |
| Roof | Metal Roof |
| Construction | Frame |
Additional Information
| Date Listed | November 1st, 2024 |
|---|---|
| Days on Market | 33 |
| Zoning | HPRD - Hist Planned Redevelopment & Dev Dist |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1324.00 |
| HOA Fees Freq. | Quarterly |
Listing Details
| Agent | Andrea Leskova Otava |
|---|---|
| Office | Last Key Realty, Inc (KW) |