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Photos
101 Admirals Lane, Key West, FL 33040
$7,499,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
4
baths
3,173
sqft
Built in
1994
$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!
Features & Amenities
Interior
- General:
- Cathedral Ceilings,Security System,Window Treatments,Split Bedroom,Smoke Alarms,Granite Counter Top,Fireplace(s)
- Flooring:
- Tile,Wood
- A/C:
- Ceiling Fans(s),Ductless,Central Air
Exterior
- General:
- Bar,Storage,Shed,Sprinkler System,Outdoor Kitchen,Outdoor Shower,Lighting,Fencing,Hot Tub,Gazebo
- Pool:
- Yes, Concrete,In Ground,Other
Construction
- Roofing:
- Metal Roof
Location
- County:
- Monroe
Lot
- Zoning:
- HPRD - Hist Planned Redevelopment & Dev Dist, 8772858, 00004590-001001
Utilities
- Utilities:
- Cable Available,Propane,Municipal Sewer,FKAA
This listing courtesy of:
Last Key Realty, Inc (KW), Andrea Leskova Otava
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Key West, FL
Housing
- Number of Units
- 17,193
- Median Home Value
- $691,198
- Median Rent
- $1,698
57.07% of housing units are renter occupied.
19.25% are vacant.
Commute
- Car
-
63.42%
- Public Transportation
-
0.78%
- Walk to Work
-
6.60%
- Work from Home
-
10.68%
- Other
-
2.85%
The median travel time to work is 14 minutes.
People
- Population
- 31,038
- Median Age
- 43.40
- Median Household Size
- 2.48
Education
- High School
-
26.79%
- Associate’s Degree
-
7.86%
- Bachelor’s Degree
-
22.80%
- Graduate Degree
-
13.76%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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