The Royal Compound is currently generating $500,000 a year from first-class guests who will accept only the best in vacation homes. What's interesting is that most of the rental income comes from monthly rentals, so you can expect almost as much income without a transient license. This extraordinary home is situated on one of the largest lots (14,183 SF) in Truman Annex and is being offered as the ultimate turnkey property. There are a total of 5 bedrooms and 4 bathrooms: 3 bedrooms and 2 bathrooms in the main house and two 1 bedroom, 1 bathroom private cottages. This expansive property includes a covered seating and dining area under the gazebo, which overlooks the resort-style heated pool and outdoor kitchen. The value of this home is not only its privacy with exotic landscaping, but its ability to generate income when you are away. Schedule your private showing of The Royal Compound to appreciate the uniqueness of this one-of-a-kind property!
Sold for $6,300,000 on 10/10/25
$6,300,000
101 Admirals Ln, Key West, FL 33040
5beds
3,173sqft
Single Family Residence
Built in 1994
0.33 Acres Lot
$6,300,200 Zestimate®
$1,986/sqft
$8,079 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 10, 2025 at 10:32am
Listed by:
Andrea Leskova Otava 305-504-4103,
Last Key Realty, Inc (KW)
Bought with:
The Spottswood Team
Truman & Co. (KW)
Terri Spottswood, 161619
Truman & Co. (KW)
Source: FLKMLS,MLS#: 612065
Originating MLS: Key West Association

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Air, Ductless, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Ice Machine, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, full house generator
Features
- Cathedral Ceiling(s), Granite Counters, Fireplace(s), Split Bedroom
- Flooring: Tile, Wood
- Doors: Impact Rstnce Doors, French Doors
- Windows: Window Treatments, Double Hung Windows, Impact Rstnce Window, Panel
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 3,173 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Covered, Off Street
- Has carport: Yes
Features
- Levels: Ground Level
- Patio & porch: Open Porch/Balcony, Screened Patio, Deck
- Exterior features: Bar, Storage, Sprinkler System, Outdoor Shower, Outdoor Kitchen, Lighting
- Has private pool: Yes
- Pool features: Heated, In Ground, Decked, Concrete
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 0.33 Acres
- Features: 1/4 - 1/2 Acre
Details
- Additional structures: Shed(s), Gazebo
- Parcel number: 00004590001001
- Zoning: HPRD
- Zoning description: Hist Planned Redevelopment & Dev Dist
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Propane, Cable Available, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Security System, Gated with Guard, Patrolled Area
Location
- Region: Key West
- Subdivision: Old Town - Unrecord (1.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,324 quarterly
- Services included: Maintenance Grounds, Security
Other
Other facts
- Listing terms: Cash,Conventional