101 Front Street 15, Key West, FL 33040

$1,220,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,216 Lot Size (sq. ft.): 841 Status: Closed
Current Price: $1,220,000 List Date: 1/05/2025 Last Modified: 10/01/2025

Description

Located in the prestigious Truman Annex community, this town home in The Foundry is the perfect getaway offering the perfect blend of luxury, comfort, and convenience. This beautifully designed 2-bedroom, 2.5-bathroom home enjoys a highly desirable location with easy access to Key West's vibrant Old Town, while maintaining privacy and security within a gated community. As you step inside the spacious open-concept living area you will find 11 foot high ceilings, impact rated windows and glass doors that bathe the interior with natural light, and updated finishes throughout. The kitchen has been recently updated with all stainless steel appliances. Moving up stairs, the master bedroom is a private sanctuary featuring an ensuite bathroom. A private balcony off the master suite offers a peaceful retreat to enjoy the island breeze. The guest bedroom is up one more floor and is equally inviting with its own ensuite bathroom ensuring privacy and comfort for visitors. Stand out features of this town home include its street facing orientation, not something all homes in The Foundry have. The town home also has its own carport with additional storage above- a highly convenient feature few have and holds a value in excess of $75,000. Finally, The Foundry has its own pool, reserved for use by only Foundry owners and their guests. With a strong rental history and a Truman Annex Special Transient License, this home is an excellent investment opportunity. The license allows for short-term rentals with restrictions, providing flexibility and a steady stream of income when the property is not in use. Whether you're seeking a full-time residence, a seasonal escape, or a profitable rental investment, this townhome provides the ultimate opportunity to experience the best of Key West living.

More Information MLS# 612397

Contract Information

Listing Board: Key West Association Current Price: $1,220,000 Listing Date: 2024-11-21 Sold Price: $1,220,000

Location, Tax & Legal

KW Neighborhood: Truman Annex Unit #: 15 City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 8861885 Parcel #: 00004590-002215 Zoning: HPRD - Hist Planned Redevelopment & Dev Dist Deed Restrictions: Yes Legal: KW PT LOTS 2 & 3 SQR 28 (A/K/A UNIT 15 BLDG 7 - THE FOUNDRY) OR1334-866/9 OR1380-1495/1497R/S OR1709-1254/56Q/C OR1946-2 Taxes: 8758.19 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 101 Street Name: Front Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: The Foundry (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: No Control Depth: 0 Lot SqFt: 841 Pool: Yes Total Units: 0 Acres: 0.02 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Townhouse Year Built: 1994 Living Apx SqFt: 1216 Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Located in the prestigious Truman Annex community, this town home in The Foundry is the perfect getaway offering the perfect blend of luxury, comfort, and convenience. This beautifully designed 2-bedroom, 2.5-bathroom home enjoys a highly desirable location with easy access to Key West's vibrant Old Town, while maintaining privacy and security within a gated community. As you step inside the spacious open-concept living area you will find 11 foot high ceilings, impact rated windows and glass doors that bathe the interior with natural light, and updated finishes throughout. The kitchen has been recently updated with all stainless steel appliances. Moving up stairs, the master bedroom is a private sanctuary featuring an ensuite bathroom. A private balcony off the master suite offers a peaceful retreat to enjoy the island breeze. The guest bedroom is up one more floor and is equally inviting with its own ensuite bathroom ensuring privacy and comfort for visitors. Stand out features of this town home include its street facing orientation, not something all homes in The Foundry have. The town home also has its own carport with additional storage above- a highly convenient feature few have and holds a value in excess of $75,000. Finally, The Foundry has its own pool, reserved for use by only Foundry owners and their guests. With a strong rental history and a Truman Annex Special Transient License, this home is an excellent investment opportunity. The license allows for short-term rentals with restrictions, providing flexibility and a steady stream of income when the property is not in use. Whether you're seeking a full-time residence, a seasonal escape, or a profitable rental investment, this townhome provides the ultimate opportunity to experience the best of Key West living.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Association Fee $: 4012 Assoc/Mnt Fee Per: Quarterly

License Info

# of City License: 1 # of County License: 1 Transient Rntl Licns: Yes

Fee Includes

Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Security: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets w/Restrictions: Owners only

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Carpet: 1 Tile: 1

Neighborhood Feature

Community Pool: 1 Fire Hydrant: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Pantry: 1 Smoke Alarms: 1 Storage: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Townhouse: 1

Windows/Doors

Glass Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Guest Parking: 1 Assigned Parking: 1 Off Street Parking: 1

Security

Manned Gate: 1

Construction

CBS: 1 Concrete: 1 Frame: 1 Other: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Exterior Features

Fencing: 1 Storage: 1

Pool Info

In Ground: 1 Concrete: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Status Change Info

Sold Date: 2025-09-30 Sold Price: $1,220,000 Status: Closed

Property Features

Fee Includes: Building Insurance; Cable; Common Area Mnt; Security Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Carport; Assigned Parking; Covered Parking; Guest Parking; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Pantry; Smoke Alarms; Storage Pre-Wired: Cable Appliances: Dishwasher; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Storage Pool Info: In Ground; Concrete Construction: CBS; Concrete; Frame; Other Floor: Carpet; Tile Roof: Metal Roof Neighborhood Feature: Community Pool; Fire Hydrant Security: Manned Gate Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Ocean Sotheby's International Realty
Last Updated: October - 01 - 2025
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