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3707 Paula Avenue, Key West, FL 33040
$950,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,552
Lot Size (sq. ft.):
5,500
Status:
Contingent
Current Price:
$950,000
List Date:
1/08/2026
Last Modified:
2/18/2026
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 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.
More Information MLS# 617985
Contract Information
Current Price: $950,000
Listing Date: 2026-01-07
Listing Board: Key West Association
List Price: $950,000
Location Tax Legal
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
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1963
Lot SqFt: 5500
Acres: 0.13
Living Apx SqFt: 1552
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Status Change Info
Contingent: Contingent
Status: Contingent
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Vehicle Storage: Covered Parking; Off Street Parking
Furnished: Unfurnished
Cooling: Central Air
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Specialty Rooms: Laundry Room
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
Terms: Cash; Conventional
Listing Office: Coastal Collection Real Estate Inc.
Last Updated: February - 18 - 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.
