202 Admirals Lane

Key West, FL 33040

$5,700,000
Price
5
Beds
4
Baths
3,148 Sq. Ft.
$1,811 / Sq. Ft.
3,148
Sq. Ft.
$1,811
per Sq. Ft.

Description

Investment opportunity! Weekly rentals are allowed! Nestled within the highly sought-after Truman Annex in Old Town Key West, 202 Admirals Lane exudes coastal charm and luxury living at its finest. Boasting 5 bedrooms and 4 full bathrooms, this meticulously maintained residence showcases beautifully renovated bathrooms and a private pool oasis, offering an idyllic retreat for residents and vacationers alike. Situated nearby the iconic Duval Street and the tranquil expanse of Fort Zachary Taylor State...Investment opportunity! Weekly rentals are allowed! Nestled within the highly sought-after Truman Annex in Old Town Key West, 202 Admirals Lane exudes coastal charm and luxury living at its finest. Boasting 5 bedrooms and 4 full bathrooms, this meticulously maintained residence showcases beautifully renovated bathrooms and a private pool oasis, offering an idyllic retreat for residents and vacationers alike. Situated nearby the iconic Duval Street and the tranquil expanse of Fort Zachary Taylor State Park, this home epitomizes the quintessential Key West lifestyle. Upon entering, you're greeted by an inviting main living area, adorned with French doors that effortlessly blur the lines between indoor and outdoor living. A sun-drenched sunroom, encased in glass doors, is the perfect setting for relaxation or entertainment year-round. Additional living spaces abound, including a bright and airy sitting room. The main floor is thoughtfully appointed with a convenient full bathroom, ensuring comfort and convenience for guests. The 2nd level offers 4 bedrooms and 3 full baths and the ensuite 3rd floor is great for guest . Included is a Truman Annex transient rental license allowing for weekly rentals, 202 Admirals Lane presents a lucrative investment opportunity as a successful vacation rental. Rare for Key West, this home features a coveted 2-car garage, providing secure parking and storage, a coveted amenity for sure. Offered turnkey, the residence comes complete with all furnishings and future reservations, promising a seamless transition for discerning buyers or investors seeking the ultimate Key West retreat.

Property Details for 202 Admirals Lane

Waterfront
None
Waterfront
No
Zoning
HPRD - Hist Planned Redevelopment & Dev Dist
Subdivision
Old Town - Unrecord (1.0)
Building Style
Other Bldg Style
Vehicle Storage
Auto Door Opener, Off Street Parking, Garage
Pets
Pets Allowed

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co. (KW)
Add your commute
LISTING UPDATED: 04/18/2024 02:00 PM

Property Details for 202 Admirals Lane

StatusActive
MLS #609093
Days on Market83
Taxes$29,586 / year
HOA Fees$1,412 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1995
Lot Size0.11 AC / 4,986 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co. (KW)
Add your commute

Virtual Tour

Building Information for 202 Admirals Lane

Stories3Year Built1995Building Size-Lot Size0.11 AC / 4,986 SF

Payment Calculator

$34,043 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,107

Property Taxes

$2,466

HOA Dues

$471

The Payment Calculator is for illustrative purposes only.

Property Information for 202 Admirals Lane

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.805992
  • Control Depth: 0
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Ocean
  • KW Neighborhood: Truman Annex
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: See MCPA
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Voluntary Home Owners Asc: No
  • Association Info: 1st Right of Refusal: Yes
  • Association Info: Assoc Approval Req: No
  • License Info: # of City License: 1
  • License Info: # of County License: 1
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: Common Area Mnt, Security
  • Furnished: Furnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.11
  • SqFt Remarks: Appraiser measured 3148.Buyer to verify
  • Parcel #: 00004590-001677
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW PT LOTS 1 2 3 AND 4 SQR 26 (A/K/A PT LOTS 176 AND 177) .1144AC OR1206-452/53 OR1365-458/59 OR1365-460/62 OR1477-1017
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Appraisal
  • Flood Zone: AE,0.2 PCT ANNUAL CH
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Yes
  • Picture Count: 60
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Security: Manned Gate, Patrolled Area
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Deck, Windowed P/B, Patio, Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Carpet, Wood, Tile
  • Interior Features: Built-in Cabinets, Walk-in Closet(s), Window Treatments, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl, Cathedral Ceilings
  • Pre-Wired: Cable
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Dryer
Exterior Features
  • Roof: Metal Roof
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fencing
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors, French Doors

Property History for 202 Admirals Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 202 Admirals Lane

Taxable ValueLand$2,991,600Additions$1,168,370Total$4,159,970
Tax Record2023$29,586 ($2,466 / month)
Home Facts
Beds3Baths3Total Finished SqFt2,753 SqFtAbove Grade Finished SqFt2,753 SqFtStories2Lot Size4,986 SqFtStyleSingle Family ResidenceYear Built1995Year Renovated2012CountyMONROEAPN00004590-001677

Schools near 202 Admirals Lane

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 12
Public - K to 12
Public - 7 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Monroe Virtual Franchise
Public5 to 12

Monroe Virtual Instruction Program
PublicK to 12

Keys Center
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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202 Admirals Lane is a single family home for sale in Key West, FL 33040. This property was listed for sale on March 6, 2024 by Coldwell Banker Schmitt Real Estate Co. (KW), it's currently listed at $5,700,000. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Monroe Virtual Franchise and Monroe Virtual Instruction Program. 202 Admirals Lane is a 5-bed, 4-bath, 3,148 sqft single family home built in 1995.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co. (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.