101 Admirals Lane

KEY WEST, FL 33040

  • 5 Bed(s)
  • 4 Bath(s)
  • 3,173 Sqft
$7,249,000

Description

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!

  • Property Type

    Residential - Single Family

  • County

    Monroe

  • Style

    Single Family

  • AD ID

    47506351

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    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
    • Appliances Other: full house generator

    Roofing Information

    • Metal Roof

    Flooring Information

    • Tile,Wood

    Heating & Cooling

    • Cooling: Central Air,Ductless,Ceiling Fans(s)
    • Water Front: No
    • None
    • No Waterview

    Window Information

    • Window Treatments: Double Hung Windows,Impact Rstnce Window,Impact Rstnce Doors,French Doors

  • Building Information

    • Year Built: 1994
    • Total Units: 0.00
    • Floor Location: 14183
    • Construction: Frame
    • Security System: Manned Gate,Patrolled Area
    • Roof: Metal Roof

    Exterior Features

    • Bar,Storage,Sprinkler System,Shed,Outdoor Shower,Outdoor Kitchen,Lighting,Hot Tub,Gazebo,Fencing

    Pool Information

    • In Ground,Decked,Concrete
    • Other : depth 5'
    • Heated : Yes
    • Dimensions : 20' x 25' & 19-1/2

  • Lot Information

    • Lot SqFt: 14,183
    • KW PT SQR 27 (A/K/A LOTS 113 & 114) .3256 AC OR1005-78/128 OR1005-190/01 OR1125-218/20R/S OR1246-241/57WILL OR1132-66/68

    Property Information

    • SQ ft (Living Area): 3,173
    • View: No Waterview
    • Subdivision: Old Town - Unrecord (1.0)

  • Listing Price Information

    • List Price: $7,249,000

    Listing Information

    • Cash,Conventional

  • Tax Information

    • Taxes: $51,348
    • Tax Year: 2023
    • Parcel Number: 00004590-001001
    • Tax Exemptions : None

  • Multi-Unit Information

    • Restrict: YES

    Homeowners Association Information

    • Mandatory Home Owners Asc : Yes
    • 1st Right of Refusal : Yes
    • Association Fee $1324.00
    • Assoc/Mnt Fee Per : Quarterly

  • Utility Information

    • FKAA,Propane,Cable Available,Municipal Sewer
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BuyOwner last updated this listing 11/24/2024 @ 02:10

  • MLS: 612065
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Florida Keys MLS, Inc.

is a Home, with 5 bedrooms which is for sale, it has 3,173 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of KEY WEST , in zip code 33040, this Monroe County Home , it is in the Key West Golf Club Dev (4.0) Subdivision, and are nearby neighborhoods.