$1,200,000
 $6,442 est/mo Sourced by Back At You

31 Coral Way,Stock Island, FL 33040

Stock Island, FL 33040

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Description

Key West Transient-Licensed Vacation Rental for Sale. Own an active nightly vacation rental just minutes from Old Town Key West. This beautifully maintained 3-bedroom, 3-bathroom Coral Hammock home blends resort-style amenities with relaxed island living, and it's licensed for nightly transient rentals, which makes it a strong income-producing investment property or Florida Keys vacation home. Inside, an open-concept floor plan features vaulted ceilings and abundant natural light. The kitchen comes with brand new stainless steel appliances and quartz countertops. The spacious living and dining areas flow seamlessly to a private covered porch for easy indoor-outdoor living. Each of the three bedrooms has its own full bathroom, offering privacy and flexibility for family, guests, or vacation rental bookings. The primary suite opens to a private balcony, a serene retreat after a day on the water. Outside, enjoy lush tropical landscaping and two dedicated parking spaces. You'll also have access to Coral Hammock's heated resort pool, clubhouse, and fitness center. The home is close to the Key West Golf Club, Hogfish Bar & Grill, Hurricane Hole Marina, and some of the best dining and boating in the Florida Keys. 31 Coral Way combines comfort, convenience, and the carefree charm of Key West living. Buyer pays 2 months of HOA dues ($880 total) at closing as a working capital contribution.

Details

MLS #621642
Listing TypeFor Sale
StyleHouse
HOA Dues$440
Sub-TypeResale
StatusActive
Year2004
Days On Site11
Listing Provided ByeXp Realty LLC Southernmost Branch | Krystal Thomas

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,392
PoolYes
ZoningMU - Mixed Use District
Acreage0.03
Water FrontNone
Property ViewNo Waterview

Taxes

Property6023

Area Information

StateFL
CountyMonroe
CityStock Island
Zip Code33040
Area05 Stock Island to Shark Key
Community NameMaloney Sub (5.0)
Listing VS Median (in Maloney Sub (5.0))
Price:
$1,200,000
low | high
Med:
$599,900
100% of Average
sqft:
1,392
low | high
Med:
1,274
58.477011494253% of Average
$ / sqft:
$862
low | high
Med:
$471
95.378021978022% of Average
On site:
11
low | high
Med:
77
14.285714285714% of Average
Sourced by Back At You

Market Activity 33040

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Learn More About This Property

StateFL
CountyMonroe
CityStock Island
Zip Code33040
Area05 Stock Island to Shark Key
Community NameMaloney Sub (5.0)
Listing VS Median (in Maloney Sub (5.0))
Price:
$1,200,000
low | high
Med:
$599,900
100% of Average
sqft:
1,392
low | high
Med:
1,274
58.477011494253% of Average
$ / sqft:
$862
low | high
Med:
$471
95.378021978022% of Average
On site:
11
low | high
Med:
77
14.285714285714% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
31 Coral Way Property Photo 1
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31 Coral Way
Stock Island, FL 33040
15 Coral Way Property Photo 1
$1,195,000
15 Coral Way
Stock Island, FL 33040
42 Coral Way Property Photo 1
$1,229,000
42 Coral Way
Stock Island, FL 33040
Listing Updated: October 23, 2026 at 12:53:29 PM PDT