Key West Transient-Licensed Vacation Rental for Sale. Own an active nightly vacation rental just minutes from Old Town Key West. This beautifully maintained 3-bedroom, 3-bathroom Coral Hammock home blends resort-style amenities with relaxed island living, and it's licensed for nightly transient rentals, which makes it a strong income-producing investment property or Florida Keys vacation home. Inside, an open-concept floor plan features vaulted ceilings and abundant natural light. The kitchen comes with brand new stainless steel appliances and quartz countertops. The spacious living and dining areas flow seamlessly to a private covered porch for easy indoor-outdoor living. Each of the three bedrooms has its own full bathroom, offering privacy and flexibility for family, guests, or vacation rental bookings. The primary suite opens to a private balcony, a serene retreat after a day on the water. Outside, enjoy lush tropical landscaping and two dedicated parking spaces. You'll also have access to Coral Hammock's heated resort pool, clubhouse, and fitness center. The home is close to the Key West Golf Club, Hogfish Bar & Grill, Hurricane Hole Marina, and some of the best dining and boating in the Florida Keys. 31 Coral Way combines comfort, convenience, and the carefree charm of Key West living. Buyer pays 2 months of HOA dues ($880 total) at closing as a working capital contribution.