$7,249,000
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101 Admirals Lane Key West, FL 33040
Single Family
Residence
5
Beds
4
Baths
3,173
Sq. Ft.
0.33
Acre
Lot
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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 t...ransient 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!
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MLS#
612065
Property Type
Single Family
Bedrooms
5
Bathrooms
4 Full
Year Built
1994
HOA Fee
$1,324
Square Feet
3,173
sq. ft
Lot Size
0.33
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