Stunning 3 bed, 3 bath town home overlooking the pool with Transient License. You read that correctly, Short Term Rentals are allowed! This end unit is the biggest floor plan built in Coral Hammock. #42 has many upgrades not seen in the others within the gated community. Boasts totally renovated kitchen w/ NEW granite counter tops, cabinets (w/ soft close drawer / cabinet doors), farmhouse sink & stainless appliances (even a wine cooler). Two of the 3 bathrooms are totally renovated as well (vanities, fixtures, tile in the showers, flooring, commodes). Located poolside so less Hwy noise /grim than some others, plus better parking than some others. The upper level features a covered balcony spanning the entire width of the townhome (not all of them have this up grade). Impeccably maintained with more recent work including Azek decking on exterior steps-porches-balconies, all 4 sets of french doors on the poolside replaced with impacted rated metal ones, entire exterior painted, tented (w/ warranty) & replaced Central AC! Upper level boasts 2 bedrooms, 2 ensuite baths & ample closet space. Primary bath (upstairs) again was totally renovated, even has new tub! 2nd bathroom (upstairs) has shower/tub combo & new vanity. Lower level has 1 bedroom, 1 bath, kitchen, dining area / den & closets. Front door (on lower level) protected by covered porch as well. Gated community boasts pool, club house w/work out room & Short Term (transient) Rentals! Close to the lower Keys only golf course (KW Golf Club), hospital, several marinas, airport, beaches, bars & restaurants. Just a short ride into Old Town KW w/ world famous Duval St.. Not here all the time, no problem - Lock it & Leave. HOA (not a condo) takes care of pool & grounds. Gated community so you must have code to enter gate. These sellers have not done rentals, so there is NO rental history to share, but it's evident by the condition this one has been owner use only. Buyers must pay $880 to HOA at closing
For sale
$1,229,000
42 Coral Way, Stock Island, FL 33040
3beds
1,422sqft
Townhouse
Built in 2004
1,306 Square Feet Lot
$1,183,100 Zestimate®
$864/sqft
$440/mo HOA
What's special
Overlooking the poolTotally renovated kitchenNew granite counter topsLocated poolsideEntire exterior paintedFarmhouse sinkStainless appliances
- 77 days
- 146
- 1
Zillow last checked:
Listing updated:
Listed by:
Walt Lee 305-879-7355,
Berkshire Hathaway HomeServices Knight & Gardner Realty
Source: FLKMLS,MLS#: 620275
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Wine Cooler, Stainless Steel Appliance(s)
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 1,422
- Total interior livable area: 1,422 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony
- Has private pool: Yes
- Pool features: In Ground, Concrete
Lot
- Size: 1,306 Square Feet
Details
- Parcel number: 00124100000133
- Zoning: MU - Mixed Use District
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- Frame, Hardi Board Siding
Condition
- Year built: 2004
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Clubhouse
- Security: Security Gate
- Subdivision: Maloney Sub (5.0)
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Common Area Mnt
- HOA fee: $440 monthly
Location
- Region: Stock Island
Financial & listing details
- Price per square foot: $864/sqft
- Tax assessed value: $963,829
- Annual tax amount: $7,215
- Date on market: 6/14/2026
Estimated market value
$1,183,100
$1.12M - $1.24M
$4,565/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Listed for sale | $1,229,000+94.3%$864/sqft |
Source: | ||
| 1/17/2008 | Sold | $632,500+5.6%$445/sqft |
Source: | ||
| 11/16/2006 | Sold | $599,000$421/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,216 +19.5% | $666,900 +10% |
| 2024 | $6,036 +6.3% | $606,273 +10% |
| 2023 | $5,678 +16.9% | $551,157 +10% |
| 2022 | $4,858 +6.4% | $501,052 +10% |
| 2021 | $4,567 -2.5% | $455,502 -1.8% |
| 2020 | $4,683 | $463,862 -0.2% |
| 2019 | $4,683 +0.1% | $464,821 +11.1% |
| 2018 | $4,680 +6.7% | $418,495 +4.1% |
| 2017 | $4,386 +5.4% | $402,198 +11.3% |
| 2016 | $4,163 +6.5% | $361,222 +4.3% |
| 2015 | $3,909 | $346,186 |
Find assessor info on the county website
Monthly payment
Est. payment





