Thank you
Andrea Leskova Otava
Last Key Realty, Inc (KW)
305-292-6266
$500,000 ANNUAL RENTAL INCOME! EXCLUSIVELY LUXURIOUS COMPOUND IN KEY WEST!With its special transient license, 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!
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Total Bedrooms : 5
Total Baths: 4
Full Baths: 4
Cathedral Ceilings,Security System,Window Treatments,Split Bedroom,Smoke Alarms,Granite Counter Top,Fireplace(s)
Appliances : Dishwasher,Washer,Stainless Steel Appliance(s),Oven,Refrigerator,Range,Microwave,Ice Machine,Dryer
Appliances Other: full house generator
Metal Roof
Tile,Wood
Cooling: Ceiling Fans(s),Ductless,Central Air
Water Front: No
None
No Waterview
Window Treatments: Double Hung Windows,Impact Rstnce Doors,Impact Rstnce Window,French Doors
Year Built: 1994
Total Units: 0.00
Floor Location: 14183
Construction: Frame
Security System: Manned Gate,Patrolled Area
Roof: Metal Roof
Bar,Storage,Shed,Sprinkler System,Outdoor Kitchen,Outdoor Shower,Lighting,Fencing,Hot Tub,Gazebo
Concrete,In Ground,Decked
Other : depth 5'
Heated : Yes
Dimensions : 20' x 25' & 19-1/2
Lot SqFt: 14,183
KW PT SQR 27 (A/K/A LOTS 113 & 114) .3256 AC OR1005-78/128 OR1005-190/01 OR1125-218/20R/S OR1246-241/57WILL OR1132-66/6
SQ ft (Living Area): 3,173
View: No Waterview
Subdivision: Old Town - Unrecord (1.0)
List Price: $7,499,000
Cash,Conventional
Taxes: $44,115
Tax Year: 2022
Parcel Number: 00004590-001001
Tax Exemptions : None
Restrict: YES
Mandatory Home Owners Asc : Yes
1st Right of Refusal : Yes
Association Fee $1324.00
Assoc/Mnt Fee Per : Quarterly
Cable Available,Propane,Municipal Sewer,FKAA
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6810 Front Street #SNL1.., Key West, FL,33040 | $1,600,000 | 2 | 5 | 1,200 | 104108 Sqft |
6810 Front Street #SHB42, Key West, FL,33040 | $350,000 | -- | -- | 104,108 | 104108 Sqft |
6810 Front Street #SNL 8, Key West, FL,33040 | $350,000 | -- | -- | 104,108 | 104108 Sqft |
6810 Front Street #SHB7, Key West, FL,33040 | $350,000 | -- | -- | 104,108 | 104108 Sqft |
7200 5th Street, Key West, FL,33040 | $9,500,000 | -- | -- | 2,371,316 | 2371316 Sqft |
3608 Northside Dr, Key West, FL,33040 | $1,149,000 | 5 | 3 | 1,628 | 5865 Sqft |
1500 Albury Street, Key West, FL,33040 | $2,600,000 | 4 | 3.5 | 2,240 | 3500 Sqft |
828 Elizabeth Street, Key West, FL,33040 | $5,350,000 | 5 | 6 | 2,248 | -- |
1500 Albury Street, Key West, FL,33040 | $2,600,000 | 4 | 4 | 2,240 | -- |
1800 Atlantic Boulevard.., Key West, FL,33040 | $950,000 | 2 | 2 | 1,311 | -- |
ByOwner last updated this listing 05/11/2024 @ 11:01
MLS: 607301
LISTED BY: Andrea Leskova Otava , Last Key Realty, Inc (KW)
SOURCE: Florida Keys MLS, Inc.
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.