3707 Paula Avenue, Key West, FL 33040
$950,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,552
Lot Size (sq. ft.):
5,500
Status:
Active
Current Price:
$950,000
List Date:
11/10/2025
Last Modified:
11/10/2025
Description
Opportunities like this don't come around often. Discover the perfect blend of an income-producing legal duplex and the privacy of a beautifully renovated primary home in New Town, Key West.
The primary home offers 2 bedrooms and 2 baths, featuring many upscale touches throughout, including a gorgeous, renovated gourmet kitchen ideal for entertaining or everyday living. The very spacious primary suite includes a luxurious ensuite bath and opens directly to a private backyard oasis, completely separate from the rental unit.
The detached 1-bedroom, 1-bathroom cottage provides excellent income potential or a comfortable space for guests and family.
Enjoy quiet island living while generating additional income—3707 Paula Ave truly delivers the best of both worlds.
More Information MLS# 617269
Contract Information
Listing Board: Key West Association
Bank Owned: No
Current Price: $950,000
Listing Date: 2025-11-07
List Price: $950,000
Location, Tax & Legal
KW Neighborhood: New Town
City: KEY WEST
Mile Marker: 4
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE,AE
Alternate Key #: 1055441
Parcel #: 00054850-000000
Zoning: SF - Single Family
Deed Restrictions: No
Legal: REPLAT OF BLOCK 3 PEARLMAN ESTATES KW PB3-171 LOT 13 BLK 3 OR93-361/362 OR867-154 OR1129-1871 OR1406-662 OR1666-1656 OR1
Taxes: 7083.11
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 3707
Street Name: Paula
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Pearlman Est (4.0)
Area: 04 - Key West
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot SqFt: 5500
Pool: No
Total Units: 0
Acres: 0.13
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Style: Duplex
Year Built: 1963
Living Apx SqFt: 1552
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Opportunities like this don't come around often. Discover the perfect blend of an income-producing legal duplex and the privacy of a beautifully renovated primary home in New Town, Key West.
The primary home offers 2 bedrooms and 2 baths, featuring many upscale touches throughout, including a gorgeous, renovated gourmet kitchen ideal for entertaining or everyday living. The very spacious primary suite includes a luxurious ensuite bath and opens directly to a private backyard oasis, completely separate from the rental unit.
The detached 1-bedroom, 1-bathroom cottage provides excellent income potential or a comfortable space for guests and family.
Enjoy quiet island living while generating additional income—3707 Paula Ave truly delivers the best of both worlds.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Tile: 1
Building Style
Above Flood: Unknown
Vehicle Storage
Carport: 1
Covered Parking: 1
Off Street Parking: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Utilities
Elect Separate Meter: 1
Water Separate Meter: 1
Porch/Balcony
Patio: 1
Exterior Features
Outdoor Shower: 1
Storage: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Bank Owned: No
Shutters
Panel: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Carport; Covered Parking; Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Elect Separate Meter; Water Separate Meter
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Outdoor Shower; Storage
Construction: CBS
Shutters: Panel
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Listing Office:
Ocean Sotheby's International Realty
Last Updated: November - 10 - 2025
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.