Bought with The Spottswood Team • Truman & Co. (KW)
$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
HOA Fees $1,324
Year Built 1994
Annual Tax Amount $48,046
Tax Year 2024
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
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
Exterior
Exterior Feature Bar, Storage, Sprinkler System, Shed, Outdoor Shower, Outdoor Kitchen, Lighting, Hot Tub, Gazebo, Fencing
Pool In Ground, Decked, Concrete
Utilities Available FKAA, Propane, Cable Available, Municipal Sewer
Waterfront Description None
Roof Type Metal Roof
Private Pool Yes
Building
Lot Size Range 0.33
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