8 Coral Way Key West, FL 33040
Stock Island NeighborhoodEstimated payment $7,125/month
Total Views
18,014
3
Beds
3
Baths
1,420
Sq Ft
$844
Price per Sq Ft
About This Home
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.
Map
Townhouse Details
Home Type
Townhome
Est. Annual Taxes
$5,342
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 Approval Required: No
- Association Fee: 440.00
- Mandatory HOA: Yes
- Document Count: 1
- Fee Includes: 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, Clubhouse
- Pets W Restrictions: see HOA rules
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 5485.00
- Title: Title Ins - Buyer
- Vehicle Storage: Open Parking, Vehicle Restrictions, Off Street Parking
- Year Built: 2004
- Alternate Key Number: 9079291
- Building Style: Townhouse
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 1121.00
- Pool Info: In Ground, Concrete
- Pool Info Heated: Yes
- Porch Balcony: Open Porch/Balcony
- Association Maintenance Fee Per: Monthly
- Shutters: Panel
- 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
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Dishwasher, Freezer, Oven, Range, Refrigerator
- Floor: Tile, Laminate, Carpet, Vinyl
- Windows/Doors: French Doors, 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
- Land Size: Less Than 1/4 Acre
- Acres: 0.03
Rental Info
- Rentals Allowed: Yes
- Furnished: Negotiable
Tax Info
- Tax Year: 2024
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
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 | $5,342 | $670,882 | $381,262 | $289,620 |
| 2023 | $5,342 | $668,481 | $399,485 | $268,996 |
| 2022 | $4,594 | $501,973 | $229,879 | $272,094 |
| 2021 | $4,407 | $437,950 | $199,602 | $238,348 |
| 2020 | $4,519 | $446,051 | $202,405 | $243,646 |
| 2019 | $4,610 | $467,205 | $220,908 | $246,297 |
| 2018 | $4,319 | $420,505 | $192,874 | $227,631 |
| 2017 | $3,971 | $395,735 | $0 | $0 |
| 2016 | $3,725 | $353,939 | $0 | $0 |
| 2015 | $3,566 | $326,841 | $0 | $0 |
| 2014 | $3,337 | $277,592 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | For Sale | $1,199,000 | -- | $844 / Sq Ft |
Source: Key West Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Transtar National Title | |
| Special Warranty Deed | $459,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $417,000 | Unknown | |
| Closed | $417,375 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 613644
APN: 00124100-000143
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 26 Coral Way
- 5635 Macdonald Ave
- 5645 Macdonald Ave
- 32 Golf Club Dr
- 18 Golf Club Dr
- 8 Whistling Duck Ln
- 61 Golf Club Dr Unit 255
- 2 Merganser Ln
- 19 Whistling Duck Ln
- 5 Kestral Way
- 11 Kestral Way
- 22 Merganser Ln
- 30 Merganser Ln
- 82 Golf Club Dr
- 90 Golf Club Dr
- 48 Merganser Ln
- 5435 5th Ave
- 7000 5th St
- 7200 5th St
- 69 Spoonbill Way