$1,450,000

55 Coral Way, Stock Island, FL 33040

  • 3 beds |
  • 3 baths |
  • 1,420 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,021/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Here is your chance to purchase a TRUE 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 great big 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

Listing Status:
Active
Listing Office:
Last Key Realty, Inc (KW) : (305) 292-6266
Listing Agent:
Christopher B Santry : (305) 304-1933
MLS ID:
615593
  • A/C: Central AirCeiling Fans(s)
  • Disability Feature: None

This listing courtesy of Christopher B Santry, Last Key Realty, Inc (KW)

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gerald Adams Elementary School

5855 College Rd, Key West, FL, 33040

Grades PK-5

0.71 miles away

S

Sigsbee Charter School

939 Felton Rd, Key West, FL, 33040

Grades KG-8

2.27 miles away

L

Lower Keys Academic Connections for Excellence

2100 Flagler Ave, Key West, FL, 33040

Grades 6-12

2.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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