31 Coral Way

Stock Island, FL 33040
List Price
$1,200,000
31 Coral Way
31 Coral Way - Image 2
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Mollie Dawson
Mollie Dawson
Savvy STR Agent

About This Property

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.

Family-friendly
Adventure
Key West
Pool

Property Details

3
Bedrooms
3
Bathrooms
1,392
Square Feet
2004
Year Built
0.03 ac
Lot Size
Single Family
Property Type
$440/mo
HOA Fee

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Savvy Recommended Upgrades

Coastal Interior

Est. $10,000

Your Agent

Mollie Dawson

Mollie Dawson

STR Investment Specialist

The Florida Keys, FL

0
Deals Closed
4
Years Experience

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Listing agent: Krystal Thomas. Listing courtesy of eXp Realty LLC Southernmost Branch. Information deemed reliable but not guaranteed.

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