NOT LISTED FOR SALE

50 Coral Way Key West, FL 33040

Estimated Value: $926,000 - $1,198,000

3 Beds
3 Baths
1,420 Sq Ft
$750/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $899,000 $633 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,696/month

2 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Shutters
  • Clubhouse
  • Balcony
  • Impact Glass

About This Home

As of July 2022

Recently renovated poolside townhome in Coral Hammock. If you are considering a townhome in the gated community of Coral Hammock or even the Golf Club, you must see #50! Renovation includes new kitchen appliances, new kitchen cabinets & counter tops (quartz), new central AC (w/ 4'' filter and UV lite), new flooring throughout, new bathroom vanities & fresh coat of interior paint. Simply unpack your flip-flops, property is turn-key. This 3 bedroom, 3 bath end unit is the biggest floor plan built in Coral Hammock. Second floor boasts 2 bedrooms, 2 baths, stacked washer-dryer & ample closet space. Both upper-level bedrooms have french doors that lead out onto covered balcony (that is the entire width of the unit) overlooking the pool. Lower level has 1 bedroom, 1 bath, kitchen, dining area & den. Lower level also features 2 sets of french doors that lead out to covered porch w/ pool view. Gated community features pool, club house & work out room. Close to lower keys only golf course, several marinas, restaurants & airport. Short ride to world famous Duval St.. Not going to be here all the time? No problem. Lock it & Leave. Association takes care of pool & grounds. Could be purchased fully furnished, excluding some art work. Must have code to enter gate.

Last Agent to Sell the Property

Walt Lee

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 06/01/2022

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

David Lazcos

Real Estate Sales Force, Inc. License #3521122

Real Estate Sales Force, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 1,122

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,420 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • French Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • Electric Gate
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • 1,122 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00124100-000137

Community Details

Overview

  • Association fees include common area mnt, security
  • 56 Units
  • Maloney Sub Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: 2 animals

Additional Features

  • Clubhouse
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,407

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 440.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Common Area Mnt, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Other Area Features, Community Pool
  • Pets W Restrictions: 2 animals
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4407.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Vehicle Restrictions, Open Parking
  • Year Built: 2004
  • Alternate Key Number: 9079271
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1122.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1420.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal
  • Floor: Carpet, Vinyl
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, French Doors
  • 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: 00124100-000137
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 27, 2022
Sold by
Mhd Properties Llc
Bought by
Garcia Hemmanuel and Sampedro Isis
Seller's Agent
Walt Lee
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
David Lazcos
Real Estate Sales Force, Inc.
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,065,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,286
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jun 11, 2021
Sold by
Quantum Management Llc
Bought by
Mhd Properties Llc
Seller's Agent
Walt Lee
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Walter Lee
Flagler Realty (KW)
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.04%
Original Mortgage
$460,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2017
Sold by
Voytik Gary J and Hutcheson Rickey
Bought by
Quantum Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2004
Sold by
Coral Hammock Llc
Bought by
Voytik Gary J and Hutcheson Rickey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
5.66%
Mortgage Type
Unknown
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
Garcia Hemmanuel $899,000 --
Mhd Properties Llc $575,000 Attorney
Quantum Management Llc $400,000 First Intl Title
Voytik Gary J $462,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mhd Properties Llc $460,000
Previous Owner Quantum Management Llc $400,000
Previous Owner Voytik Gary J $416,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $899,000 0.0% $633 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $899,000 +56.3% $633 / Sq Ft
06/15/2021 06/15/21 Sold $575,000 0.0% $405 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $575,000 -- $405 / Sq Ft
Source: Florida Keys Board 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 $7,290 $804,576 $438,550 $366,026
2023 $7,290 $807,554 $459,510 $348,044
2022 $4,969 $533,017 $264,420 $268,597
2021 $4,590 $457,959 $219,611 $238,348
2020 $4,706 $466,342 $222,696 $243,646
2019 $4,702 $467,254 $220,957 $246,297
2018 $4,406 $420,548 $192,917 $227,631
2017 $3,971 $395,774 $0 $0
2016 $3,725 $353,961 $0 $0
2015 $3,566 $326,859 $0 $0
2014 $3,337 $277,607 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601225

Florida Keys Board of REALTORS®

APN: 00124100-000137