101 Admirals Lane
Key West, FL 33040
Map
- 5 beds
- 4 baths
- 3,173 sqft
- 14,183 sqft lot
- $2,204 per sqft
- 1994 build
- – on site
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!
Last checked:
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Last updated Apr 21, 2025
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MLS# 612065 —
The Building
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Year Built:1994
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Construction:Frame
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Style:Single Family
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Building Style:Ground Level
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Exterior Features:Bar, Storage, Sprinkler System, Shed, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Gazebo, Fencing
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Windows/Doors:Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, French Doors
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Roof:Metal Roof
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Shutters:Panel
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Porch/Balcony:Open Porch/Balcony, Screened Patio, Deck
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Security:Manned Gate, Patrolled Area
Interior
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Furnished:Furnished
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Interior Features:Cathedral Ceilings, Window Treatments, Granite Counter Top, Smoke Alarms, Security System, Fireplace(s), Split Bedroom
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Floor:Tile, Wood
Financial & Terms
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Terms:Cash, Conventional
Location
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Directions:Enter Truman Annex on Southard St., first stop sign make right on Emma St., continue straight. Third stop sign make right on Admirals Ln. It is the first house on the right.
The Property
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Parcel #:00004590-001001
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Lot SqFt:14183.00
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Acres:0.33
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Land Size:1/4 - 1/2 Acre
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Waterfront:None
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Zoning:HPRD - Hist Planned Redevelopment & Dev Dist
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Waterfront:No
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Waterview:No Waterview
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Flood Zone:AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 504-4103
- Office phone:
- (305) 292-6266
Taxes
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Tax Year:2024
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Taxes:48046.46
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Tax Exemptions:None
Beds
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Total Bedrooms:5
Baths
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Total Baths:4.00
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Full Baths:4
The Listing
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Bank Owned:No
Heating & Cooling
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Cooling:Central Air, Ductless, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Propane, Cable Available, Municipal Sewer
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Pre-Wired:Cable
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Ice Machine, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
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Appliances: Other:full house generator
The Community
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Subdivision:Old Town - Unrecord (1.0)
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Pool Info:In Ground, Decked, Concrete
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Pool Info: Heated:Yes
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Pool Info: Dimensions:20' x 25' & 19-1/2
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Pool Info: Other:depth 5'
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Dockage:None
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Pets: Pets w/Restrictions:YES
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Fee Includes:Common Area Mnt, Security
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Association Info: Association Fee $:1324.00
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Quarterly
Parking
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Vehicle Storage:Carport, Covered Parking, Off Street Parking
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Vehicle Storage: Car(s):4+
Monthly cost estimate
Asking price
$6,995,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$37,456
|
| Taxes | $4,003 |
| Insurance | $1,923 |
| Utilities | $243 See report |
| Total | $43,625/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/7/25
Feb 7, 2025
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Price Changed | FLKMLS | $6,995,000 | -3.5% |
|
11/1/24
Nov 1, 2024
|
Listed / Active | FLKMLS | $7,249,000 | 23.5% (4.2% / YR) |
|
3/8/19
Mar 8, 2019
|
FLKMLS | $5,870,000 | 6.7% (2.4% / YR) |
