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3 Beds
3 Baths
1,420 sqft

$1,250,000

55 Coral Way, Stock Island FL, 33040

Price per sqft$880.28
Built in2004
Property size1,420 sqft
Property typeResidential

Overview

Sold

Closed

Listed Jun 28, 2025

Updated 2 weeks ago

$151,000 PRICE REDUCTION! 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 freestanding home has two off street parking spaces directly in front, with a grassy lawn that surrounds the house. The front porch offers a shaded area to sit and relax. The back porch is perfect for a BBQ and the big back yard is great for the kids. An enormous communal swimming pool surrounded by plenty of chaise lounges 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

Additional information

MLS® ID
615593

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$6,399
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
Pets Allowed
Yes
Pool
Yes
MLS provider logo

Listed by Christopher B Santry with Last Key Realty, Inc (KW)
Listing Contact: 305-304-1933 

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 9/1/2026 at 1:44 AM UTC

 

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