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  4. 55 Coral Way, Stock Island, FL 33040
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55 Coral Way
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PRICED AT ONLY: $1,450,000

Address: 55 Coral Way, Stock Island, FL 33040

Description

Here is your chance to purchase a fully transient 3br/3ba 1420 sq ft home. Octopus's garden is one of only 8 stand alone units in the coral hammock gated community and has generated up to $157,000 in gross annual income. This income producing home is being offered as a turnkey purchase, whimsically decorated with furnishings that reflect the laid back, quirky island life style of key west. You will be just down the street from the famous hogfish bar & grill, roostica pizzeria, hurricane hole marina & restaurant and chico's cantina. The key west golf club is just across the street. You will be just a short bike or uber ride from old town key west. The community & grounds... This large, freestanding home has two off street parking spaces directly in front, with a grassy lawn that surrounds the house front and back. The front porch offers a shaded area to sit and relax. The back porch is perfect for a bbq and the big fenced in back yard is great for the kids. An enormous communal swimming pool surrounded by plenty of chaise lounges is through a gate directly across from your front door. Access to the clubhouse includes a shaded patio area overlooking the pool, as well as an indoor gathering area and a private fitness center with cardio equipment and free weights. Features... **new impact doors and windows installed recently**new hvac system installed in april 2025 with warranty**interior and all exterior walls, and trim freshly painted**all decks freshly painted**range, dish washer & microwave all replaced within the last three years**new furnishings & art work recently installed. **high quality flooring installed. **home is scheduled for preventative termite tenting july 20. ** washer and dryer** ceiling fans** tvs in living room & all bedrooms** fully equipped kitchen** linens and towels included** community pool access** assigned off street parking for 2 cars** fitness center** clubhouse available for private parties

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More Like This
  • MLS#: 615593 ( Single Family )
  • Street Address: 55 Coral Way
  • Viewed: 3
  • Price: $1,450,000
  • Price sqft: $1,021
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 2004
  • Bldg sqft: 1420
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 44

Description

Here is your chance to purchase a fully transient 3br/3ba 1420 sq ft home. Octopus's garden is one of only 8 stand alone units in the coral hammock gated community and has generated up to $157,000 in gross annual income. This income producing home is being offered as a turnkey purchase, whimsically decorated with furnishings that reflect the laid back, quirky island life style of key west. You will be just down the street from the famous hogfish bar & grill, roostica pizzeria, hurricane hole marina & restaurant and chico's cantina. The key west golf club is just across the street. You will be just a short bike or uber ride from old town key west. The community & grounds... This large, freestanding home has two off street parking spaces directly in front, with a grassy lawn that surrounds the house front and back. The front porch offers a shaded area to sit and relax. The back porch is perfect for a bbq and the big fenced in back yard is great for the kids. An enormous communal swimming pool surrounded by plenty of chaise lounges is through a gate directly across from your front door. Access to the clubhouse includes a shaded patio area overlooking the pool, as well as an indoor gathering area and a private fitness center with cardio equipment and free weights. Features... **new impact doors and windows installed recently**new hvac system installed in april 2025 with warranty**interior and all exterior walls, and trim freshly painted**all decks freshly painted**range, dish washer & microwave all replaced within the last three years**new furnishings & art work recently installed. **high quality flooring installed. **home is scheduled for preventative termite tenting july 20. ** washer and dryer** ceiling fans** tvs in living room & all bedrooms** fully equipped kitchen** linens and towels included** community pool access** assigned off street parking for 2 cars** fitness center** clubhouse available for private parties
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Features
Building and Construction
  • Absolute Longitude: 81.737757
  • Construction: Hardi Board Siding
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Assigned Parking, Guest Parking
Eco-Communities
  • Pool Info: In Ground, Decked, Concrete
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Heating: Central
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Windowsdoors: Impact Rstnce Window, Impact Rstnce Doors
Amenities
  • Neighborhood Feature: Community Pool, Clubhouse
Finance and Tax Information
  • Association Info Association Fee: 440.00
  • Association Info Assocmnt Fee Per: Monthly
  • Fee Includes: Common Area Mnt
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 1.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 9081098
  • Appliances: Washer, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: Yes
  • Association Info Assoc Approval Req: No
  • Association Info Mandatory Home Owners Asc: Yes
  • Association Info Voluntary Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE
  • Furnished: Furnished
  • Legal Description: STOCK ISLAND PT MALONEY SUB PB1-55 A/K/A UNIT 128 CORAL HAMMOCK OR1989-61/107DEC OR2096-1667/1669 OR2356-1220/22C OR257
  • Limitd Reprsntation: No
  • Mile Marker: 5.00
  • Parcel Num: 00124100-000128
  • Side: Median
  • Species List: No
  • Style: Single Family
  • Zoning: MU - Mixed Use District
Nearby Subdivisions
Lincoln Gard. No. 1 (5.0)   Lincoln Gard. No. 2 (5.0)   Maloney Sub (5.0)   Maloney Sub Subdivision (5.0)   Robyn Sub (5.0)  
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