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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.

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