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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$3,675,000
493 Coral Avenue
Ramrod Key, FL 33042
MLS# 618866
Status: Closed
3 beds  |  3 baths  |  1728 sqft

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Aerial
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Aerial Back Dock Pool Front Great Room Great Room Great Room Great Room Great Room Great Room Great Room Kitchen Dining Office Porch Porch Primary Suite Primary Suite Primary Suite Primary Suite Primary Bath Primary Bath Loft Bedroom Loft Bedroom Guest Bathroom Guest Bathroom Great Room Great Room Great Room Guest House Entryway Guest House Guest House Guest House Guest House Guest House Guest House Guest Bathroom Guest House Porch Elevator Elevator Back Yard Pool Back Back Pool Pool Lanai Lanai Lanai Lanai Lanai Lanai Lanai Lanai Outdoor Shower Outdoor Shower Tackle Room Back Yard Dock Dock Dock Dock Dock Front Front Front Guest House Front Front Main House Front Carport Side Beach Front Back Aerial Back Putting Green Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial

Property Description
There are homes in the Florida Keys... and then there are legacy properties. Conceived and built by internationally recognized Keys architect Glenn Gray as his personal residence, 493 Coral Avenue is a rare architectural offering positioned on a premier point lot with open Gulf frontage and protected canal dockage. With water on two sides and panoramic sunrise-to-sunset views, the setting is nothing short of extraordinary. The 13,400 square foot parcel unfolds into a curated tropical landscape featuring a private sandy beach, heated and chilled Gulf-front pool, putting green, tiki hut lounge, and expansive waterfront decking. This is resort-level living--without leaving home. For the boating enthusiast over 80' of dockage with two boat lifts (20,000 lb and 7,000 lb) provide secure dockage, while immediate access to the Gulf and Atlantic via Niles Channel ensures effortless days on the water. Inside, the South Pacific-inspired design showcases soaring vaulted ceilings, exposed architectural details and walls of glass framing the water. The Hansen & Bringle-designed kitchen blends custom craftsmanship with refined coastal style. The main-level primary suite offers privacy and comfort, while a loft-style guest bedroom and attached guest cottage provide flexible accommodations. Impact doors and windows, elevator access, and thoughtful renovations preserve the integrity of the original design while elevating modern comfort. Offered Turn-Key. This is not simply a Gulf Front Pool Home. It is a one-of-a-kind Keys estate.

Details
Maps
Contract Information
Current Price: $3,675,000
Listing Date: 2026-03-01
Listing Board: Key West Association
Leased Price Monthly: $3,675,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 493
Street Name: Coral
Street Suffix: Avenue
Key/Island: Ramrod Key
State/Province: FL
Zip Code: 33042
County: Monroe
Subdivision: Ramrod Shores (27.0)
Area: 09 - Ramrod Key
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 2002
Lot SqFt: 13400
Lot Sqft Source: Property Data Card
Acres: 0.31
Living Apx SqFt: 1728
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 2
Half Baths: 1
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 80
Dock: Concrete
Specialty Rooms
Guest/Servant Qtrs: Legal
Building Style
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Status Change Info
Under Contract Date: 2026-03-11
Leased Date: 2026-05-11
Leased Price Monthly: $3,675,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Lift
Property Condition: Updated/Remodeled
Vehicle Storage: Carport; Covered Parking; Off Street Parking
Furnished: Furnished; Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Community Swr Plant; FKAA
Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Elevator; Entrance Foyer; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage
Specialty Rooms: Loft
Appliances: Dishwasher; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Chickee Hut; Lanai; Lighting; Sandy Beach; Storage
Pool Info: In Ground
Construction: Frame
Floor: Vinyl
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional
Title: Negotiable

Listing Office: Coldwell Banker Schmitt Real Estate Co

Last Updated: May - 12 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)