31 Coral Way, Stock Island, FL 33040
$1,400,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,392
Lot Size (sq. ft.):
1,120
Status:
Active
Current Price:
$1,400,000
List Date:
12/06/2025
Last Modified:
12/15/2025
Description
Active nightly vacation rental located just minutes from Old Town Key West; this beautifully maintained 3-bedroom, 3-bathroom home offers the perfect blend of resort-style amenities and island living.
This home features an open-concept floor plan with vaulted ceilings, abundant natural light, and a well-appointed kitchen complete with brand new stainless steel appliances and granite countertops. The spacious living and dining areas flow seamlessly to a private covered porch
Each of the three bedrooms includes its own full bath, offering privacy and flexibility for guests or vacation rentals. The primary suite opens to a private balcony, creating a serene retreat after a day on the water.
Outside, enjoy lush tropical landscaping, two dedicated parking spaces, and access to Coral Hammock's heated resort pool, clubhouse, and fitness center. The property is licensed for transient rentals, making it an excellent income-producing investment or vacation getaway.
Conveniently located near the Key West Golf Club, Hogfish Bar & Grill, Hurricane Hole Marina, and some of the best dining and boating spots in the Keys, 31 Coral Way combines comfort, convenience, and the carefree charm of island living.
Buyer pays 2 mos of HOA dues ($880 total) at closing as working capital contribution.
More Information MLS# 617616
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: No
Current Price: $1,400,000
Listing Date: 2025-12-05
List Price: $1,400,000
Location, Tax & Legal
City: Stock Island
Off Shore Island: No
Mile Marker: 5
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 9071316
Parcel #: 00124100-000116
Zoning: MU - Mixed Use District
Deed Restrictions: Unknown
Legal: PT MALONEY SUB PB1-55 A/K/A UNIT 116 CORAL HAMMOCK OR1989-61 OR1999-2399 OR2914-1938
Taxes: 6023.94
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 31
Street Name: Coral
Street Suffix: Way
Key/Island: Stock Island
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Maloney Sub (5.0)
Area: 05 - Stock Island to Shark Key
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 1120
Pool: Yes
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.03
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 1
Style: Single Family
Year Built: 2004
Living Apx SqFt: 1392
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: Active nightly vacation rental located just minutes from Old Town Key West; this beautifully maintained 3-bedroom, 3-bathroom home offers the perfect blend of resort-style amenities and island living.
This home features an open-concept floor plan with vaulted ceilings, abundant natural light, and a well-appointed kitchen complete with brand new stainless steel appliances and granite countertops. The spacious living and dining areas flow seamlessly to a private covered porch
Each of the three bedrooms includes its own full bath, offering privacy and flexibility for guests or vacation rentals. The primary suite opens to a private balcony, creating a serene retreat after a day on the water.
Outside, enjoy lush tropical landscaping, two dedicated parking spaces, and access to Coral Hammock's heated resort pool, clubhouse, and fitness center. The property is licensed for transient rentals, making it an excellent income-producing investment or vacation getaway.
Conveniently located near the Key West Golf Club, Hogfish Bar & Grill, Hurricane Hole Marina, and some of the best dining and boating spots in the Keys, 31 Coral Way combines comfort, convenience, and the carefree charm of island living.
Buyer pays 2 mos of HOA dues ($880 total) at closing as working capital contribution.
Directions: Located in the gated community of Coral Hammock on Maloney Avenue in Stock Island. Must have code to enter.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 440
License Info
Transient Rntl Licns: Yes
Fee Includes
Common Area Mnt: 1
Security: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Cooling
Central Air: 1
Heating
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Vinyl: 1
Neighborhood Feature
Clubhouse: 1
Community Pool: 1
Interior Features
Quartz Countertops: 1
Walk-in Closet(s): 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Vehicle Storage
Open Parking: 1
Security
Electric Gate: 1
Construction
Hardi Board Siding: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Pool Info
In Ground: 1
Roof
Metal Roof: 1
Shutters
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Open Parking
Furnished: Furnished
Cooling: Central Air
Heating: None
Utilities: Buyer to Verify
Interior Features: Quartz Countertops; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Pool Info: In Ground
Construction: Hardi Board Siding
Shutters: Panel
Floor: Vinyl
Roof: Metal Roof
Neighborhood Feature: Clubhouse; Community Pool
Security: Electric Gate
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer
Listing Office:
eXp Realty LLC
Last Updated: December - 15 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.