Residential

101 Admirals Lane, KEY WEST

$7,499,000

Bedroom 5 bedrooms
Bathroom 4 baths

  • MLS #: 607301
  • Address: 101 Admirals Lane, KEY WEST, FL 33040
  • SQFT: 3173
  • Acres: 0.33
  • Restrictions: Unknown

Location Location

Agent Comments Agent Comments
$500,000 ANNUAL RENTAL INCOME! EXCLUSIVELY LUXURIOUS COMPOUND IN KEY WEST!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!

Amenities Amenities
  • Washer
  • Stainless Steel Appliance(s)
  • Ice Machine
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Dishwasher
  • Dryer

Interior Features Interior Features
  • Cool System: Central Air, Ductless, Ceiling Fans(s)
  • Floors: Tile, Wood
  • Interior: Cathedral Ceilings, Window Treatments, Granite Counter Top, Smoke Alarms, Security System, Fireplace(s), Split Bedroom

Exterior Features Exterior Features
  • Parking: Carport, Covered Parking, Off Street Parking
  • Roof: Metal Roof
  • Pool: Yes
  • Exterior: Bar, Storage, Sprinkler System, Shed, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Gazebo, Fencing

Additional Features Additional Features
  • County: Monroe
  • Property Type: Old Town - Unrecord (1.0)
  • Tax Number: 00004590-001001
  • Waterfront Features: None
  • Water/Sewer: FKAA, Propane, Cable Available, Municipal Sewer
  • Year Built: 1994