#612525, Tom McLaughlin, Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)
101 Admirals Ln Key West, FL 33040
Property details
About 101 Admirals Ln
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!
Highlights
Summary
- MLS Number: 612065
- MLS Name: KeyWest
- Office Name: Last Key Realty, Inc (KW)
- Office Phone: (305) 292-6266
- Listing Agent: Andrea Leskova Otava
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 10:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,995,000
101 Admirals Ln
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 13, 2016 | Home Sold | $5,500,000 |
Sep 02, 2004 | Home Sold | $4,925,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $6,785,284 | $51,347 |
2022 | $5,464,576 | $44,114 |
2021 | $4,722,228 | $44,114 |
2020 | $4,865,860 | $43,502 |
2018 | $4,809,132 | $43,741 |
2017 | $4,547,592 | $42,124 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
2.6 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
4.2 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
29.1 mi
•30220 Overseas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,547. The majority of Key West, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 101 Admirals Ln
This home is located at 101 Admirals Ln in Key West, FL and zip code 33040. This 3,173 square foot home, which was built in 1994, sits on a 0.33 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $6,995,000.
Key West, FL housing market in March 2025 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 41 sold below. The inventory of homes for sale in Key West, FL between February and March 2025 increased by 9.3%. Listings spent 96 days on the market in March 2025, and had a median list price of $1,050,000 during the same period.