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.
For sale
$4,850,000
202 Admirals Ln, Key West, FL 33040
5beds
3,148sqft
Est.:
Single Family Residence
Built in 1995
4,791.6 Square Feet Lot
$4,483,700 Zestimate®
$1,541/sqft
$471/mo HOA
What's special
- 60 days
- on Zillow |
- 779 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: June 07, 2025 at 08:24am
Listed by:
Tom McLaughlin 305-850-4100,
Coldwell Banker Schmitt Real Estate Co. (KW)
Source: FLKMLS,MLS#: 615366
Originating MLS: Key West Association

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- None
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
Features
- Walk-In Closet(s), Granite Counters, Built-in Cabinets, Entrance Foyer, Cathedral Ceiling(s)
- Flooring: Tile, Carpet, Wood
- Doors: Sliding Glass Doors, French Doors
- Windows: Drapes/Blinds Incl, Window Treatments, Double Hung Windows
- Furnished: Yes
Interior area
- Total interior livable area: 3,148 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Off Street, Garage Door Opener
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: 3 Stories
- Stories: 3
- Patio & porch: Open Porch/Balcony, Deck, Patio, Windowed P/B
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 4,791.6 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00004590001677
- Zoning: HPRD
- Zoning description: Hist Planned Redevelopment & Dev Dist
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other Bldg Style
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Cable Connected
Community & HOA
Community
- Security: Gated with Guard, Patrolled Area
- Subdivision: Old Town - Unrecord (1.0)
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Security
- HOA fee: $1,412 quarterly
Location
- Region: Key West
Financial & listing details
- Price per square foot: $1,541/sqft
- Tax assessed value: $3,541,252
- Annual tax amount: $29,074
- Date on market: 6/7/2025
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