52 Coral Way Key West, FL 33040
3
Beds
3
Baths
1,392
Sq Ft
1,307
Sq Ft Lot
About This Home
As of December 2024**Experience the Ultimate in Island Living!**Welcome to this exquisite three-bedroom, three-bathroom townhome located in the serene Coral Hammock community, just 5 miles from the vibrant energy of downtown Key West. **With the rare advantage of nightly rentals**, this property presents an incredible investment opportunity and the perfect island getaway.As you step inside, you're greeted by an inviting open-concept floor plan. Natural light floods the galley-style kitchen, offering plenty of counter space and cabinetry--ideal for anyone who loves to entertain. Elegant French doors lead to your private, southern-style porch, the perfect oasis for sipping cocktails, surrounded by lush tropical landscaping and views of the dazzling resort-style pool.The first-floor ensuite bedroom is ideal as a primary or guest bedroom, with direct access to the porch and pool. Upstairs, two additional ensuite bedrooms offer privacy and luxury. The guest room is designed for comfort, while the primary suite boasts a private balcony with serene tree-top views, a walk-in closet, and a spa-like bathroom featuring a deep soaking tub--a sanctuary for relaxation.Recently refreshed with new carpet, luxury vinyl flooring, and fresh paint inside and out, this home is the definition of turnkey. Best of all, the property comes with a rental license, ready for immediate income potential or to serve as your private escape. Coral Hammock's top-notch amenities--including a resort-style pool, clubhouse with a serving kitchen, and a fully equipped gym. Proximity to beaches, marinas, local dining, and downtown's famous attractions offer the ideal blend of peace, luxury, and convenience.Don't miss out on this perfect island retreat--it's ready for you to move in, rent out, or simply enjoy!
Last Agent to Sell the Property
Real Broker LLC License #3442282 Listed on: 10/01/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,469
Year Built
2004
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: Yes
- Association Fee: 440.00
- Mandatory HOA: Yes
- Document Count: 3
- Fee Includes: Common Area Mnt
- Key Island: Stock Island
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 5.00
- Min Rental Days: 3.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Community Pool, Clubhouse
- Off Shore Island: No
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 2468.68
- Title: Negotiable
- Vehicle Storage: Off Street Parking
- Year Built: 2004
- Alternate Key Number: 9077396
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 1111.00
- Pool Info: In Ground
- Pool Info Heated: Yes
- Porch Balcony: Open Porch/Balcony
- Tax Exemptions: Homestead
- Building Style Above Flood: Unknown
- License Info Transient Rntl Licns: Yes
- Estimated Living Sq Ft: 1392.00
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Washer, Oven, Refrigerator, Dishwasher, Dryer
- Floor: Vinyl, Carpet
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Lanai
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: Buyer to Verify
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00124100-000138
- Land Size: Less Than 1/4 Acre
- Acres: 0.03
Rental Info
- Rentals Allowed: Yes
- Furnished: Negotiable
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Dec 27, 2024
Sold by
Skinner Georgianna E
Bought by
Hulbert Christopher
Seller's Agent
Bernice Schafer
Real Broker LLC
Buyer's Agent
Dawn McComish
Lokation Real Estate
List Price
$1,198,000
Sold Price
$1,150,000
Premium/Discount to List
-$48,000
-4.01%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,063
Avg. Annual Appreciation
-11.85%
Purchase Details
Closed on
Nov 30, 2010
Sold by
Cotton William F and Cotton Karol K
Bought by
Skinner Georgianna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2004
Sold by
Coral Hammock Llc
Bought by
Cotton William F and Cotton Karol K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
6.62%
Mortgage Type
Unknown
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,150,000 | None Listed On Document | |
| Warranty Deed | $300,000 | None Available | |
| Special Warranty Deed | $695,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $521,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $1,150,000 | -4.0% | $826 / Sq Ft |
| 10/01/2024 10/01/24 | For Sale | $1,198,000 | -- | $861 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $2,469 | $292,709 | -- | -- |
| 2023 | $2,469 | $284,184 | $0 | $0 |
| 2022 | $2,433 | $275,907 | $0 | $0 |
| 2021 | $2,478 | $267,871 | $0 | $0 |
| 2020 | $2,460 | $264,173 | $0 | $0 |
| 2019 | $2,410 | $258,234 | $0 | $0 |
| 2018 | $2,414 | $253,420 | $0 | $0 |
| 2017 | $2,341 | $248,208 | $0 | $0 |
| 2016 | $2,352 | $243,103 | $0 | $0 |
| 2015 | $2,422 | $241,413 | $0 | $0 |
| 2014 | $2,492 | $239,497 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bernice Schafer
Seller's Agent in 2024
Bernice Schafer
Real Broker LLC
(305) 509-0469
6 in this area
78 Total Sales
-
Dawn McComish
Buyer's Agent in 2024
Dawn McComish
Lokation Real Estate
(305) 395-3300
3 in this area
100 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 611671
APN: 00124100-000138
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