3707 Paula Ave

1,552 Sq. Ft.
$599 / Sq. Ft.
1,552
Sq. Ft.
$599
per Sq. Ft.

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...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 has a full kitchen and a washer and dryer. It also features its own outdoor living spaces. The 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.
  1. Listed by Cardenas & Krug Team • Coastal Collection Real Estate Inc.

Property Details for 3707 Paula Avenue

Waterfront
None
Waterfront
No
Zoning
SF - Single Family
Subdivision
Pearlman Est (4.0)
Vehicle Storage
Off Street Parking, Covered Parking
Pets
Pets Allowed
LISTING UPDATED: 03/16/2026 07:48 PM

Property Details for 3707 Paula Avenue

StatusClosed
MLS #617985
Days on Market27
Taxes$7,595 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Duplex
Year Built1963
Lot Size0.13 AC / 5,500 SF
CountyMonroe County

Location

Listing Courtesy of Coastal Collection Real Estate Inc.

Sold By Ocean Sotheby's International Realty

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Building Information for 3707 Paula Avenue

Stories-Residences-Year Built1963Building Size-Lot Size0.13 AC / 5,500 SF

Payment Calculator

$5,267 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,634

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3707 Paula Avenue

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 04 - Key West
  • Absolute Longitude: 81.755737
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: New Town
  • Mile Marker: 4.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.13
  • Parcel #: 00054850-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • 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 OR
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: AE,AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 27
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: No
  • Porch/Balcony: Deck
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: CBS
  • Dockage: None
  • Exterior Features: Outdoor Shower, Storage
Room Information
  • Specialty Rooms: Laundry Room

Property History for 3707 Paula Avenue

DateEvent & SourcePriceAppreciation
Mar 15, 2026

Sold (Public Record)

Public Record #1934924718

$930,000

+5.4% / yr

Mar 13, 2026

Sold

FKMLS #617985

$930,000
Feb 18, 2026

Backup Contract

FKMLS #617985

DateEvent & SourcePrice
03/15/2026

Sold (Public Record)

Public Record #1934924718

$930,000

+5.4% / yr

03/13/2026

Sold

FKMLS #617985

$930,000
02/18/2026

Backup Contract

FKMLS #617985

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3707 Paula Avenue

Taxable ValueLand$458,288Additions$359,902Total$818,190
Tax Record2024$7,083 ($590 / month)
Home Facts
Baths3Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size5,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated2015CountyMONROEAPN00054850-000000

Schools near 3707 Paula Avenue

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Poinciana Elementary School
PublicPK to 5

Sigsbee Charter School
CharterK to 8

Key West High School
Public9 to 12

The College Of The Florida Keys Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coastal Collection Real Estate Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.