NOT LISTED FOR SALE

26 Coral Way Key West, FL 33040

Estimated Value: $826,000 - $1,252,000

3 Beds
3 Baths
1,420 Sq Ft
$772/Sq Ft Est. Value

Last Sold June 06, 2025

Last sale price $1,215,000 $856 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,267/month

55 Days on Market

About This Home

As of June 2025

Stunning 3 bed, 3 bath town home overlooking the pool with Transient License. This was the developer's unit, so it has many upgrades not seen in the others within the gated community of Coral Hammock. Boasts granite counter tops on wood cabinets in the kitchen & all three bathrooms. Wood floors in all living spaces with tile floors in all baths. Interior also has Bahama style wood blinds. On the back of this home you will find upper and lower-level porches / balconies that span the entire width of the unit giving you fantastic pool views plus ceiling fans and accordion shutters on all four sets of french doors. Located on the interior of the complex so no road noise or grime. 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. Plus, 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. Has been professionally managed for short term rentals. May not be able to accommodate all showing requests due to multiple short-term rentals already on the books. Please do not disturb the guests. Buyers must pay $880 to HOA at closing. One of the listing realtors is related to the sellers.

Last Agent to Sell the Property

Walt Lee

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 03/05/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Co-Listed By

Leah Jabour

Keller Williams Key West Compass Realty License #3498711

Last Buyer's Agent

Wendy Zintsmaster

Truman & Co. (KW) License #681792

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,714

Year Built

2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 440.00
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Other Area Features, Clubhouse
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Median
  • State Province: FL
  • Taxes: 6073.73
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Vehicle Restrictions, Off Street Parking
  • Year Built: 2004
  • Alternate Key Number: 9081103
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1130.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1420.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Combo, Wood
  • Windows/Doors: French Doors, Impact Rstnce Window, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00124100-000152
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Jun 2, 2025
Sold by
Robert S Jabour Revocable Trust and Jabour Richard J
Bought by
Moody Farms Llc
Seller's Agent
Walt Lee
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,299,000
Sold Price
$1,215,000
Premium/Discount to List
-$84,000
-6.47%
Views
10
Current Estimated Value
$1,095,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,337
Avg. Annual Appreciation
-25.58%
Original Mortgage
$911,250
Outstanding Balance
$909,159
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$186,504

Purchase Details

Closed on
Nov 4, 2010
Sold by
Branch Banking & Trust Company
Bought by
Jabour Robert S and Robert S Jabour Revocable Trust

Purchase Details

Closed on
Aug 27, 2010
Sold by
Atwell Everett M and Atwell Denise D
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Mar 16, 2005
Bought by
Jabour Robert S Rev Tr 1/04/2007
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moody Farms Llc $1,215,000 None Listed On Document
Moody Farms Llc $1,215,000 None Listed On Document
Jabour Robert S $290,000 Bridgetrust Title Group
Branch Banking & Trust Company -- Attorney
Jabour Robert S Rev Tr 1/04/2007 $408,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Farms Llc $911,250
Closed Moody Farms Llc $911,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $1,215,000 -2.7% $856 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $1,249,000 -3.8% $880 / Sq Ft
03/05/2025 03/05/25 For Sale $1,299,000 -- $915 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,714 $741,590 $437,505 $304,085
2023 $5,714 $747,245 $458,415 $288,830
2022 $4,883 $555,698 $263,790 $291,908
2021 $4,602 $459,332 $219,088 $240,244
2020 $4,719 $467,749 $222,165 $245,584
2019 $4,716 $468,688 $220,431 $248,257
2018 $4,419 $421,899 $192,457 $229,442
2017 $4,186 $405,321 $0 $0
2016 $3,928 $363,201 $0 $0
2015 $3,798 $335,808 $0 $0
2014 $3,756 $317,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 614033

Key West Association of REALTORS®

APN: 00124100-000152