About 8 Coral Way
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.
Features of 8 Coral Way
| MLS® # | 613644 |
|---|---|
| Price | $1,199,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,420 |
| Acres | 0.03 |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Townhouse |
| Style | Townhouse |
| Status | Active |
Community Information
| Address | 8 Coral Way |
|---|---|
| Area | 05 - Stock Island to Shark Key |
| Subdivision | Maloney Sub (5.0) |
| City | Stock Island |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Amenities | Community Pool, Clubhouse |
|---|---|
| Utilities | FKAA, Municipal Sewer |
| Parking | Open Parking, Vehicle Restrictions, Off Street Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
| Pool | In Ground, Concrete |
Interior
| Appliances | Dishwasher, Freezer, Oven, Range, Refrigerator |
|---|---|
| Cooling | Central Air, Ceiling Fans(s) |
| Fireplace | No |
| Stories | 2 Stories |
Exterior
| Lot Description | Less Than 1/4 Acre |
|---|---|
| Windows | French Doors, Aluminum Windows |
| Roof | Metal Roof |
| Construction | Frame, Hardi Board Siding |
Additional Information
| Date Listed | February 11th, 2025 |
|---|---|
| Days on Market | 76 |
| Zoning | MU - Mixed Use District |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 440.00 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Walt Lee |
|---|---|
| Office | Berkshire Hathaway HomeServices Knight & Gardner Realty |