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31 Coral Way WAY

Stock Island, FL 33040

$1,225,000 $5,164/Mo

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Overview

Bed

Bath

1,392

Sqft

Description

Active nightly vacation rental located just minutes from Old Town Key West; this beautifully maintained 3-bedroom, 3-bathroom home offers the perfect blend of resort-style amenities and island living.This home features an open-concept floor plan with vaulted ceilings, abundant natural light, and a well-appointed kitchen complete with brand new stainless steel appliances and granite countertops. The spacious living and dining areas flow seamlessly to a private covered porchEach of the three bedrooms includes its own full bath, offering privacy and flexibility for guests or vacation rentals. The primary suite opens to a private balcony, creating a serene retreat after a day on the water.Outside, enjoy lush tropical landscaping, two dedicated parking spaces, and access to Coral Hammock's hea ted resort pool, clubhouse, and fitness center. The property is licensed for transient rentals, making it an excellent income-producing investment or vacation getaway.Conveniently located near the Key West Golf Club, Hogfish Bar & Grill, Hurricane Hole Marina, and some of the best dining and boating spots in the Keys, 31 Coral Way combines comfort, convenience, and the carefree charm of island living.Buyer pays 2 mos of HOA dues ($880 total) at closing as working capital contribution.

Property Details

Property Type : Residential - Single Family

Price : $1,225,000

AD Id : 70526155

MLS Id : 617616

Beds : 3

Living Area Size : 1,392

Year Built : 2004

County : Monroe

Subdivision: Strattons (82.5)

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 3 Full Baths: 3
Interior Features

Walk-in Closet(s),Quartz Countertops Appliances: Washer,Stainless Steel Appliance(s),Microwave,Oven,Refrigerator,Dishwasher,Dryer
Roofing Information

Metal Roof

Flooring Information

Vinyl

Heating & Cooling

Cooling: Central Air Heating: None Water Front: No None No Waterview

Building Information

Year Built: 2004 Total Units: 0.00 Floor Location: 1120 Construction: Hardi Board Siding Security System: Electric Gate Roof: Metal Roof
Pool Information

In Ground

Lot Information

Lot SqFt: 1,120 Lot SqFt Source: Property Data Card PT MALONEY SUB PB1-55 A/K/A UNIT 116 CORAL HAMMOCK OR1989-61 OR1999-2399 OR2914-1938
Property Information

SQ ft (Living Area): 1,392 View: No Waterview Subdivision: Maloney Sub (5.0) Stories: 2 Stories

Listing Price Information

List Price: $1,225,000
Listing Information

Cash,Conventional

Tax Information

Taxes: $6,024 Tax Year: 2024 Parcel Number: 00124100-000116 Tax Exemptions: None

Multi-Unit Information

Restrict: YES
Homeowners Association Information

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $440.00

Utility Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6800 Maloney Avenue #LO.., Stock Island, FL, 33040	$465,000	2	2	1,056	1,056 SqFt
6800 Maloney Avenue #12, Stock Island, FL, 33040	$370,000	2	2	644	644 SqFt
6800 Maloney Avenue #20, Stock Island, FL, 33040	$499,000	2	1	644	644 SqFt
6460 Sunshine Street, Stock Island, FL, 33040	$949,000	4	3	1,606	1,606 SqFt
C1 9th Ave, Stock Island, FL, 33040	$599,000	4	2	1,104	1,104 SqFt