202 Admirals Ln Key West, FL 33040
Truman Annex NeighborhoodEstimated payment $28,079/month
About This Home
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.
Listing Agent
Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320 Listed on: 06/07/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$29,586
Year Built
1995
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- First Right of Refusal: Yes
- Association Approval Required: No
- Association Fee: 1412.00
- Mandatory HOA: Yes
- Voluntary HOA: No
- Fee Includes: Common Area Mnt, Security
- Key Island: Key West
- K W Neighborhood: Truman Annex
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 7.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Ocean
- State Province: FL
- Taxes: 29074.00
- Title: Negotiable
- Vehicle Storage: Garage, Off Street Parking, Auto Door Opener
- Vehicle Storage Cars: 2
- Year Built: 1995
- Alternate Key Number: 8799519
- Building Style: Other Bldg Style
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 4986.00
- Pool Info: In Ground
- Porch Balcony: Open Porch/Balcony, Deck, Patio, Windowed P/B
- Association Maintenance Fee Per: Quarterly
- License Info Number Of City License: 1
- License Info Number Of County License: 1
- Species List: No
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 3 Stories
- License Info Transient Rntl Licns: Yes
- Estimated Living Sq Ft: 3148.00
- Pre Wired: Cable
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
- Stories: 3
Interior Features
- Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Granite Counter Top, Built-in Cabinets, Entrance Foyer, Cathedral Ceilings
- Total Bathrooms: 4.00
- Full Bathrooms: 4
- Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Carpet, Wood
- Windows/Doors: Double Hung Windows, Sliding Glass Doors, French Doors
- Total Bedrooms: 5
- Sq Ft Remarks: Buyer to verify
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Security: Manned Gate, Patrolled Area
- Utilities: FKAA, Municipal Sewer
- Heating: None
Lot Info
- Deed Restrictions: Yes
- Flood Zone: AE,0.2 PCT ANNUAL CH
- Land Size: Less Than 1/4 Acre
- Acres: 0.11
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished
Tax Info
- Tax Year: 2025
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $29,586 | $3,541,252 | $2,343,420 | $1,197,832 |
| 2023 | $29,586 | $4,159,970 | $2,991,600 | $1,168,370 |
| 2022 | $24,782 | $3,143,919 | $1,949,526 | $1,194,393 |
| 2021 | $23,033 | $2,581,397 | $1,635,408 | $945,989 |
| 2020 | $24,127 | $2,714,133 | $1,745,100 | $969,033 |
| 2019 | $24,375 | $2,725,976 | $1,745,100 | $980,876 |
| 2018 | $22,825 | $2,524,166 | $1,720,170 | $803,996 |
| 2017 | $21,055 | $2,265,718 | $0 | $0 |
| 2016 | $20,212 | $2,038,088 | $0 | $0 |
| 2015 | -- | $1,918,442 | $0 | $0 |
| 2014 | -- | $1,883,514 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2025 06/07/25 | For Sale | $4,850,000 | -- | $1,541 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | -- | |
| Quit Claim Deed | $93,500 | -- | |
| Quit Claim Deed | $93,500 | -- | |
| Warranty Deed | $166,600 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Credit Line Revolving | |
| Closed | $330 | Purchase Money Mortgage |
Source: Key West Association of REALTORS®
MLS Number: 615366
APN: 00004590-001677
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