$6,300,000
$6,995,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
3,173 SqFt
SOLD DATE : 10/10/2025
Key Details
Sold Price $6,300,000
Property Type Single Family Home
Sub Type Residential - Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,173 sqft
Price per Sqft $1,985
Subdivision Old Town - Unrecord (1.0)
MLS Listing ID 612065
Sold Date 10/10/25
Style Single Family
Bedrooms 5
Full Baths 4
Construction Status Frame
HOA Fees $441/qua
HOA Y/N Yes
Rental Info Yes
Year Built 1994
Annual Tax Amount $48,046
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Residential - Single Family
Property Description
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!
Location
State FL
County Monroe
Community Truman Annex
Area 01 - Key West
Zoning HPRD - Hist Planned Redevelopment & Dev Dist
Interior
Interior Features Cathedral Ceilings, Window Treatments, Granite Counter Top, Smoke Alarms, Security System, Fireplace(s), Split Bedroom
Heating Central Air, Ductless, Ceiling Fans(s)
Cooling Central Air, Ductless, Ceiling Fans(s)
Flooring Tile, Wood
Furnishings Furnished
Appliance Washer, Stainless Steel Appliance(s), Ice Machine, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Exterior
Exterior Feature Bar, Storage, Sprinkler System, Shed, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Gazebo, Fencing
Parking Features Carport, Covered Parking, Off Street Parking
Pool In Ground, Decked, Concrete
Utilities Available FKAA, Propane, Cable Available, Municipal Sewer
Waterfront Description None
View No Waterview
Roof Type Metal Roof
Porch Open Porch/Balcony, Screened Patio, Deck
Private Pool Yes
Building
Sewer Yes
Construction Status Frame
Others
SqFt Source Property Data Card
Security Features Manned Gate,Patrolled Area
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Truman & Co. (KW)
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