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New construction
    • Price cut: $501K (2/15)
    $4,499,000

    108 Coral Way, Key Largo, FL 33037

    4beds
    3,373sqft
    : 
    Single Family Residence
    Built in 2026
    3,484.8 Square Feet Lot
    $4,274,900 Zestimate®
    $1,334/sqft
    $218/mo HOA

    What's special

    Striking modern designDramatic floor-to-ceiling windowsPanoramic island scenerySleek glass railingsClean modern linesSoaring ceilingsExpansive open living spaces
    A striking new construction waterfront residence, offering a rare opportunity to own a modern architectural statement in the heart of Key Largo. Designed for elevated coastal living, this oceanside retreat features 55' of concrete seawall with deepwater dockage and a 15,000 lb boat lift--ideal for boaters seeking immediate access to the Atlantic and the Florida Keys lifestyle. Soaring ceilings, oversized doors, sleek glass railings, and dramatic floor-to-ceiling windows fill the interiors with natural light while showcasing the home's refined contemporary design. Every detail has been thoughtfully designed to balance warmth and sophistication, with clean modern lines, expansive open living spaces, and a seamless indoor-outdoor flow built for entertaining. An elevator provides effortless access across all levels, creating a residence that is both luxurious and future-forward. Outdoors, a resort-style pool tucked beneath the home offers a shaded reprieve after long days on the water. The crowning feature is an expansive rooftop terrace with direct ocean views, offering an unforgettable setting for sunset gatherings and panoramic island scenery. Purpose-built for hosting, this residence pairs striking modern design with exceptional outdoor living spaces that celebrate the oceanfront setting.Centrally located near Key Largo's renowned dining, marinas, and amenities, and just one hour from the mainland, this turn-key new construction property is perfectly suited as a primary residence, weekend escape, or high-demand vacation rental investment. With final touches underway, this is modern Keys living at its finest--timeless, bold, and designed for those who value architecture, waterfront access, and effortless luxury.
    39 days
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    651
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    15
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    Zillow last checked: 7 hours ago

    Listing updated: February 16, 2026 at 10:26pm

    Listed by:

    Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 618651MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central, Hot Water, Electric
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Split Bedroom, Quartz Countertops, Tray Ceiling(s), Bar, Walk-In Closet(s), Elevator, Built-in Cabinets, Utility Room, Sound System
      • Flooring: Tile, Marble
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 3,373 sqft

      Property

      Parking
      • Parking features: Open, Covered, Off Street, Guest
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Yes
      Features
      • Levels: 3 Stories
      • Stories: 3
      • Patio & porch: Open Porch/Balcony, Deck, Roof Top Deck
      • Exterior features: Lighting
      • Has private pool: Yes
      • Pool features: In Ground, Concrete, Salt Water
      • Has view: Yes
      • View description: Ocean, Water, Canal
      • Has water view: Yes
      • Water view: Ocean,Water,Canal
      • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 55, Dockage: Boat Lift
      Lot
      • Size: 3,484.8 Square Feet
      • Dimensions: 55 x 69
      • Features: Less Than 1/4 Acre
      Details
      • Parcel number: 00555011003300
      • Zoning: URM
      • Zoning description: Urban Res Mobile Home District
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Concrete
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Community Swr Plant, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Pool, Clubhouse, Community Boat Ramp
      • Security: Smoke Detector(s), No Security
      • Subdivision: Harborage (97.5)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Other
      • HOA fee: $218 monthly
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $1,334/sqft
      • Tax assessed value: $557,810
      • Annual tax amount: $5,383
      • Date on market: 2/15/2026
      • Listing terms: No Seller Finance
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        Estimated market value

        $4,274,900

        $4.06M - $4.49M

        $7,298/mo

        Price history

        Price history
        DateEventPrice
        2/15/2026Price change$4,499,000-10%$1,334/sqft
        Source: Key West AOR #618651 Report a problem
        1/10/2026Listed for sale$5,000,000+675.2%$1,482/sqft
        Source: Owner Report a problem
        5/19/2021Sold$645,000$191/sqft
        Source: Public Record Report a problem
        4/9/2021Listed for sale$645,000$191/sqft
        Source: Owner Report a problem
        4/6/2021Pending sale$645,000$191/sqft
        Source: Owner Report a problem
        1/8/2021Listed for sale$645,000+2.4%$191/sqft
        Source: Owner Report a problem
        1/1/2021Listing removed--
        Source: Owner Report a problem
        12/18/2019Listing removed$630,000$187/sqft
        Source: Owner Report a problem
        12/10/2019Price change$630,000+5.2%$187/sqft
        Source: Owner Report a problem
        5/11/2019Price change$599,000-4.9%$178/sqft
        Source: Glenn Hoover Real Estate Services South Florida, LLC #584853 Report a problem
        3/17/2019Listed for sale$630,000+110%$187/sqft
        Source: Owner Report a problem
        6/28/2018Sold$300,000$89/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,384 -5.7%$557,810 -9%
        2024$5,711 +5.4%$613,288 +8.4%
        2023$5,420 +14.8%$565,517 +10%
        2022$4,724 +30.3%$514,106 +56%
        2021$3,624 +24.5%$329,531 +25.7%
        2020$2,912 $262,221 -4.8%
        2019$2,912 -3.8%$275,414 +5%
        2018$3,028 +2.1%$262,412 +0.9%
        2017$2,965 +0.8%$260,109 +3.4%
        2016$2,940 -0.5%$251,544 -6.1%
        2015$2,955 $267,834

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $26,224/mo
        Principal & interest
        $22932
        Property taxes
        $3074
        HOA Fees
        $218
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          Climate risks

          Neighborhood: 33037

          Getting around

          13 / 100
          Car-Dependent
          39 / 100
          Somewhat Bikeable

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