101 Admirals Lane , KEY WEST, FL 33040
KEY WEST, FL 33040
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!
Details
| Mls | 612065 |
|---|---|
| Listing Type | For Sale |
| Style | Detachd |
| Hoadues | $1,324 |
| Subtype | Resale |
| Status | Active |
| Year | 1994 |
| Days On Site | 33 |
| Listing Provided By | Last Key Realty, Inc (KW) | Andrea Leskova Otava |
Features
| Beds | 5 |
|---|---|
| Baths | 4 Total |
| Sq Feet | 3,173 |
| Pool | Yes |
| Zoning | HPRD - Hist Planned |
| Acreage | 0.33 |
| Water Front | None |
| Property View | No Waterview |
Market Activity 33040
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | Old Town Unrecord (1.0) |
| Listing VS Median (in Old Town Unrecord (1.0)) | |
Price: $7,249,000 low | high Med: $2,372,500 SqFt: 3,173 low | high Med: 1,805 $ / SqFt: $2,285 low | high Med: $1,497 On Site: 33 low | high Med: 229.500000 | |