202 Admirals Lane, Key West, FL 33040 (MLS# 615366)

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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