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For sale
  • $1,229,000

    42 Coral Way, Stock Island, FL 33040

    3beds
    1,422sqft
    : 
    $7,621/mo
    Get pre-qualified
    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
    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
    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#: 620275MLS Logo

      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

        DateEventPrice
        6/14/2026Listed for sale$1,229,000+94.3%$864/sqft
        Source: FLKMLS #620275 Report a problem
        1/17/2008Sold$632,500+5.6%$445/sqft
        Source: FLKMLS #106366 Report a problem
        11/16/2006Sold$599,000$421/sqft
        Source: FLKMLS #102794 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33040

        Getting around

        64 / 100
        Somewhat Walkable
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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