2131 Coral Way $3,500,000

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    2131 Coral Way Big Pine Key, FL 33043

    • 4 Beds
    • 4 Baths
    • 2,100 sq. ft.
    • Single-Family
    • MLS# 601826
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    Views: 2 Days On Site: 33

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    Property Details

    An extraordinary one of a kind waterfront estate on over 1.14 acres in Doctors Arm! This property has both open water and canal frontage complete with 4 bedrooms, 4 bathrooms, beach, boathouse, and boat ramp on property. Built in 1973 by the famed Burdine family as their weekend retreat, this waterfront estate features a main house and legal guest quarters. The main house boasts 3 bedrooms, 2 bathrooms, open concept great room and dining room, a new chef's kitchen with an 11 foot island perfect for entertaining, and vaulted ceilings with original wood and details throughout the main house. The separate guest quarters include updated living room, dining room, kitchenette, bedroom and bathroom. This estate epitomizes the charm and romance of old Florida while boasting all of the modern comforts of today. Metal roof and impact windows and doors! This property is AE flood zone, which means lower wind and flood insurance compared to VE. 212' of open water frontage and 50' of canal front dockage with concrete dock, cut-in boat slip, and ramp! Engineered plans for a resort-style pool and spa are also available. This unique property will certainly not last!

    • General Features
      • Acreage 1.14
      • Square Footage 2,100
      • As Is Right to Inspect Yes
      • Fee Includes None
      • Deed Restrictions Unknown
      • Key Island Big Pine Key
      • Subdivision Doctors Arm (30.5)
      • Off Shore Island No
      • Pets Pets Allowed
      • Rentals Allowed With Restrictions
      • Taxes $10,232
      • Tax Exemptions Homestead
      • Tax Year 2021
      • Terms No Seller Finance
    • Building Features
      • Appliances Dishwasher, Disposal, Dryer, Microwave, More Appliances, Oven, Range, Refrigerator, Stainless Steel Appl, Washer
      • Cooling/Heating Ceiling Fans, Central A/C
      • Interior Features Pantry, Storage
      • Construction Combo Construction, Frame
      • Flooring Carpet, Combo, Tile Floor, Wood Floor
      • Furnished Unfurnished
      • Porch/Balcony Deck, Open Porch/Balcony, Patio
      • Roofing Metal Roof
      • Windows/Doors French Doors, Impact Rstnce Doors, Impact Rstnce Window
      • Handicap Access No
    • Room Features
      • Specialty Rooms Workshop
    • Property Features
      • Exterior Features Sandy Beach, Storage
      • Dockage Basin, Boat Ramp
      • Dockage - Dock Concrete
      • Dockage - Seawall Concrete
      • Garage Spaces 4+
      • Garage/Parking Attached, Auto Door Opener, Garage, Guest Parking, Off Street Parking, Open Parking, RV Parking Open
      • Pool No
      • Side Bay/Gulf
      • Water View Canal View, Open Water View
      • Waterfront Property Yes
      • Waterfront Type Bay Front, Canal Front, Gulf Front, Open Water
      • Utilities Buyer to Verify, Cable Available, FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes
      • Zoning IS - Improved Subivision District

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    Neighborhood

    33043 (Big Pine Key) Demographics

    53 Median Age
    60 Population Density (per sq. mile)
    40% College Educated
    $75,957 Estimated Median Income
    1,582 Estimated Total Home Owners
    481 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,911 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,012,000 Median Sales Price
    12 Homes Sold
    10 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,500,000
        8/9/2022 7:33:27 AM Price Reduced Source: Multiple Listing Service New Value: $3,500,000 -11.39%
        7/16/2022 1:04:00 AM New in Database Source: Multiple Listing Service New Value: $3,950,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2022 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.