8 Coral Way, Stock Island, FL 33040

$1,175,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,420 Lot Size (sq. ft.): 1,121 Status: Closed
Current Price: $1,175,000 List Date: 2/12/2025 Last Modified: 6/30/2025

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 (that's NOT a condotel) in Key West offered for sale in the MLS. This 3 bedroom, 3 bath end unit is the biggest floor plan built in Coral Hammock. Two other 3 bed units closed within a year for $1.20M & $1.15M. This one is on the interior of the neighborhood, so 8 offers better parking than some others & less road noise than some others. Upper level boasts 2 bedrooms, 2 baths & ample closet space. Primary bedroom (upstairs) features garden tub, newer vanity & tiled custom shower. Second 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. 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. Well maintained townhome has recently replaced Central AC, interior flooring on the lower level & wood on exterior steps/ porches. 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. HOA (not a condo) takes care of pool & grounds. Gated community so you must have code to enter gate. 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 recently restarted, seller has NO rental history for past few years to share.

More Information MLS# 613644

Contract Information

Current Price: $1,175,000 Listing Date: 2025-02-12 Listing Board: Key West Association Sold Price: $1,175,000 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 8 Street Name: Coral Street Suffix: Way Key/Island: Stock Island State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Maloney Sub (5.0) Area: 05 - Stock Island to Shark Key

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Townhouse Waterfront: No Pool: Yes Year Built: 2004 Lot SqFt: 1121 Lot Sqft Source: Tax Records Acres: 0.03 Living Apx SqFt: 1420 SqFt Source: Property Data Card Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 1

Status Change Info

Sold Date: 2025-06-30 Sold Price: $1,175,000 Sold Comments: Congrats everyone! Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: Yes Assoc Approval Req: No Association Fee $: 440 Assoc/Mnt Fee Per: Monthly

License Info

Transient Rntl Licns: Yes

Building Style

Above Flood: Yes Stories: 2 Stories

Pool Info

Heated: Yes

Pets

Pets w/Restrictions: see HOA rules

Financial Status

Standard Sale: Yes

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Townhouse Vehicle Storage: Off Street Parking; Open Parking; Vehicle Restrictions Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Freezer; Oven; Range; Refrigerator Pool Info: In Ground; Concrete Construction: Frame; Hardi Board Siding Shutters: Panel Floor: Carpet; Laminate; Tile; Vinyl Roof: Metal Roof Neighborhood Feature: Clubhouse; Community Pool Security: Electric Gate Land Size: Less Than 1/4 Acre Title: Title Ins - Buyer

Room Information

Family Room Length: 27.00 Level: Main Length: 27.00 Width: 11.00 Width: 11.00 Kitchen Length: 12.00 Level: Main Length: 12.00 Width: 8.00 Width: 8.00 Bedroom 3 Length: 12.00 Level: Main Length: 12.00 Width: 10.00 Width: 10.00 Full Bathroom Length: 9.00 Level: Main Length: 9.00 Width: 5.00 Width: 5.00 Bedroom 1 Length: 15.00 Length: 15.00 Width: 11.00 Width: 11.00 Bedroom 2 Length: 12.00 Level: Second Length: 12.00 Width: 11.00 Width: 11.00 Full Bathroom Length: 11.00 Level: Second Length: 11.00 Width: 6.00 Width: 6.00

Documents

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: June - 30 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.