202 Admirals Lane, Key West, FL 33040

$5,700,000 Asking Price

5 beds
4 baths
3,148  sqft
Built in 1995

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.

Features & Amenities

Interior

General:
Built-in Cabinets,Walk-in Closet(s),Window Treatments,Granite Counter Top,Entrance Foyer,Drapes/Blinds Incl,Cathedral Ceilings
Flooring:
Carpet,Wood,Tile
A/C:
Ceiling Fans(s),Central Air

Exterior

General:
Fencing
Pool:
Yes, In Ground

Construction

Roofing:
Metal Roof

Location

County:
Monroe

Lot

Zoning:
HPRD - Hist Planned Redevelopment & Dev Dist, 8799519, 00004590-001677

Utilities

Utilities:
FKAA,Municipal Sewer

This listing courtesy of:
Coldwell Banker Schmitt Real Estate Co. (KW), Tom McLaughlin

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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