8 Coral Way

Stock Island, FL 33040

$1,199,000
Price
3
Beds
3
Baths
1,420 Sq. Ft.
$844 / Sq. Ft.
1,420
Sq. Ft.
$844
per Sq. Ft.

Description

Transient Rentals allowed! You read that correctly. Short Term Rentals are permitted in this townhome! Currently, the lowest price per sq ft for any transiently licensed property in Key West offered for sale in the MLS. This three bedroom, 3 bath end unit is the biggest floor plan built in Coral Hammock. Located on the interior of the neighborhood, so 8 offers better parking than some others & less road noise than others. Upper level boasts 2 bedrooms, 2 baths & ample closet space. Master bedroom...Transient Rentals allowed! You read that correctly. Short Term Rentals are permitted in this townhome! Currently, the lowest price per sq ft for any transiently licensed property in Key West offered for sale in the MLS. This three bedroom, 3 bath end unit is the biggest floor plan built in Coral Hammock. Located on the interior of the neighborhood, so 8 offers better parking than some others & less road noise than others. Upper level boasts 2 bedrooms, 2 baths & ample closet space. Master bedroom (upstairs) features garden tub, newer vanity & tiled custom shower. 2nd bathroom on upper level has shower / tub combo. Both upper-level bedrooms have french doors that lead out onto covered balcony spanning the entire width of the townhome (23 Ft). Not all townhomes have 2nd floor balcony this long. Lower level has 1 bedroom, 1 bath, kitchen, dining area / den & closets. Lower level also features 2 sets of french doors that lead out from the den as well as bedroom to covered back porch. Front door (on lower level) protected by covered porch as well. Newer flooring in town home & recently replaced Central AC compressor & air handler. Gated community boasts pool, club house w/work out room & Short Term (transient) Rentals! Close to the lower Keys only golf course (KW Golf Club), hospital, several marinas, airport, beaches, bars & restaurants. Just a short ride into Old Town KW w/ world famous Duval St.. Not here all the time, no problem - Lock it & Leave. Association (not a condo) takes care of pool & grounds. Gated community so you must have code to enter gate. Proof of funds or mortgage preapproval needed before scheduling showing & must accompany all offers. May not be able to accommodate all showing requests due to short term rentals already on the books. Please do not disturb guests. Please note, short term rentals just restarted, seller has NO rental history for past few years to shar
  1. Listed by Walt Lee • Berkshire Hathaway Knight & Gardner

Property Details for 8 Coral Way

Waterfront
None
Waterfront
No
Zoning
MU - Mixed Use District
Subdivision
Maloney Sub (5.0)
Directions
Entrance to Coral Hammock is on MacDonald Ave, but you must have code to open the gate to enter.
Building Style
Townhouse
Vehicle Storage
Open Parking, Vehicle Restrictions, Off Street Parking
LISTING UPDATED: 12/18/2024 09:21 AM

Property Details for 8 Coral Way

StatusActive
MLS #611006
Days on Market138
Taxes$5,342 / year
HOA Fees$440 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built2004
Lot Size0.03 AC / 1,121 SF
CountyMonroe County

Building Information for 8 Coral Way

Stories2Residences-Year Built2004Lot Size0.03 AC / 1,121 SF

Property Information for 8 Coral Way

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 05 - Stock Island to Shark Key
  • Absolute Longitude: 81.738746
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • Mile Marker: 5.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Community Pool, Clubhouse
  • Key/Island: Stock Island
Owner
  • Owner Name: refer to tax records
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Association Info: Assoc Approval Req: No
  • License Info: Transient Rntl Licns: Yes
  • Fee Includes: Common Area Mnt
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.03
  • Parcel #: 00124100-000143
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: UNIT 143 CORAL HAMMOCK STOCK ISLAND PT MALONEY SUB PB1-55 OR1989-61/107DEC OR2060-372/74 OR2636-2403/06
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 36
  • Document Count: 3
  • Building Style: Above Flood: Yes
  • Security: Electric Gate
  • Title: Title Ins - Buyer
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Concrete
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Tile, Carpet, Vinyl
  • Appliances: Dishwasher, Freezer, Oven, Range, Refrigerator
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: Frame, Hardi Board Siding
  • Dockage: None
  • Windows/Doors: French Doors, Aluminum Windows
Room Information
Room 1 Information
  • Room Type: Family Room
  • Area: 297.0
  • Level: M
  • Dimensions: 27 x 11
  • Length: 27.0
  • Width: 11.0
Room 2 Information
  • Room Type: Kitchen
  • Area: 96.0
  • Level: M
  • Dimensions: 12 x 8
  • Length: 12.0
  • Width: 8.0
Room 3 Information
  • Room Type: Bedroom 3
  • Area: 120.0
  • Level: M
  • Dimensions: 12 x 10
  • Length: 12.0
  • Width: 10.0
Room 4 Information
  • Room Type: Full Bathroom
  • Area: 45.0
  • Level: M
  • Dimensions: 9 x 5
  • Length: 9.0
  • Width: 5.0
Room 5 Information
  • Room Type: Bedroom 1
  • Area: 165.0
  • Dimensions: 15 x 11
  • Length: 15.0
  • Width: 11.0
Room 6 Information
  • Room Type: Bedroom 2
  • Area: 132.0
  • Level: 2
  • Dimensions: 12 x 11
  • Length: 12.0
  • Width: 11.0
Room 7 Information
  • Room Type: Full Bathroom
  • Area: 66.0
  • Level: 2
  • Dimensions: 11 x 6
  • Length: 11.0
  • Width: 6.0

Property History for 8 Coral Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8 Coral Way

Taxable ValueLand$399,485Additions$268,996Total$668,481
Tax Record2023$5,342 ($445 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,420 SqFtAbove Grade Finished SqFt1,420 SqFtStories2Lot Size1,121 SqFtStyleSingle Family ResidenceYear Built2004Year Renovated2010CountyMONROEAPN00124100-000143

Schools near 8 Coral Way

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 6 to 12
Charter - 9 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Sigsbee Charter School
CharterK to 8

Somerset Island Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8 Coral Way is a townhouse for sale in Stock Island, FL 33040. This property was listed for sale on August 6, 2024 by Berkshire Hathaway Knight & Gardner, it's currently listed at $1,199,000. It has been on the market for a total of 138 days and was last sold on November 12, 2004. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Sigsbee Charter School and Lower Keys Academic Connections for Excellence. 8 Coral Way is a 3-bed, 3-bath, 1,420 sqft townhouse built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Knight & Gardner

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.