202 Admirals Lane, Key West, FL 33040
$4,850,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
3,148
Lot Size (sq. ft.):
4,986
Status:
Active
Current Price:
$4,850,000
List Date:
6/07/2025
Last Modified:
6/07/2025
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 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.
More Information MLS# 615366
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: No
Current Price: $4,850,000
Listing Date: 2025-06-07
List Price: $4,850,000
Location, Tax & Legal
KW Neighborhood: Truman Annex
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,0.2 PCT ANNUAL CH
Alternate Key #: 8799519
Zoning: HPRD - Hist Planned Redevelopment & Dev Dist
Deed Restrictions: Yes
Taxes: 29074
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 202
Street Name: Admirals
Street Suffix: Lane
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 4986
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.11
SqFt Source: Appraisal
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Single Family
Year Built: 1995
Living Apx SqFt: 3148
Total Bedrooms: 5
Full Baths: 4
Total Baths: 4
Remarks & Misc
Remarks – Consumer: 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.
Association Info
Mandatory Home Owners Asc: Yes
Voluntary Home Owners Asc: No
1st Right of Refusal: Yes
Assoc Approval Req: No
Association Fee $: 1412
Assoc/Mnt Fee Per: Quarterly
License Info
# of City License: 1
# of County License: 1
Transient Rntl Licns: Yes
Fee Includes
Common Area Mnt: 1
Security: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Carpet: 1
Tile: 1
Wood: 1
Interior Features
Built-in Cabinets: 1
Cathedral Ceilings: 1
Drapes/Blinds Incl: 1
Entrance Foyer: 1
Granite Counter Top: 1
Walk-in Closet(s): 1
Window Treatments: 1
Building Style
Above Flood: Yes
Stories: 3 Stories
Other Bldg Style: 1
Windows/Doors
Double Hung Windows: 1
French Doors: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 2
Garage: 1
Auto Door Opener: 1
Off Street Parking: 1
Security
Manned Gate: 1
Patrolled Area: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Patio: 1
Windowed P/B: 1
Title
Negotiable: 1
Exterior Features
Fencing: 1
Pool Info
In Ground: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: Other Bldg Style
Vehicle Storage: Garage; Auto Door Opener; Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: None
Utilities: FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing
Pool Info: In Ground
Construction: Frame
Floor: Carpet; Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Security: Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Title: Negotiable
Listing Office:
Coldwell Banker Schmitt Real Estate Co. (KW)
Last Updated: June - 07 - 2025
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