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Sold on 03/13/2026
  • Other
  • Exterior
  • Living
  • Kitchen
  • Bedroom
  • Bath

3707 Paula Ave, Key West, FL 33040

  • $930,000

    Last sold 03/13/2026 after 65 Days

  • 3

    bed

  • 3

    bath

  • 1,552

    Sqft ($599/Sqft)

Multi-family not for sale
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About 3707 Paula Ave

Property type Multi-family
Year built 1963
HOA fee $0/month
Lot size 5,500 Sqft
Movoto estimate
Rental estimate
Property 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.
Listed by
Listing Agent - Cardenas Krug Team
Listing Office - Coastal Collection Real Estate Inc.
Source: FKBOR MLS mls logo
MLS#617985 • last updated 5 months ago
Movoto checked FKBOR MLS for data 8 minutes ago
Overview
Cooling/AC Central Air
MLS # 617985
Type Residential
SqFt 1552
Status Closed
SubType Duplex
Lot Size (Sqft) 5500
Lot Size (Acres) 0.13
Property Tax 7595.02
Year Built 1963
Condition Updated/Remodeled
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 3
Laundry Laundry Room
Flooring Tile
Appliances Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Stainless Steel Appliance(s)
Exterior
Construction CBS
Exterior Features Outdoor Shower, Storage
Patio/Porch Deck
Amenities / Utilities
Utilities Water Separate Meter, Elect Separate Meter
HOA Fee Includes None
Location
County Monroe
Subdivision Pearlman Est (4.0)
APN 00054850-000000
Zoning SF - Single Family
Multifamily Details
$925K
Range: $841K-$1M
Last 30 days 
Rental est.: $7,623/month
Gross rent multiplier: 10.2
  • Mar 2026
    Public Records
  • Mar 17, 2026 Sold
    $930,000
  • Mar 2026
    mls logo MLS # 617985
  • Mar 16, 2026 Sold
    $930,000 (-2.1%)
  • Feb 18, 2026 Contingent
    —
  • Jan 8, 2026 Listed
    $950,000
  • Nov 2025
    mls logo MLS # 617269
  • Nov 10, 2025 Listed
    $950,000 (-25.2%)
  • Apr 2025
    mls logo MLS # 612099
  • Apr 3, 2025 Price Change
    $1,270,000 (-7.3%)
  • Mar 21, 2025 Price Change
    $1,370,000 (-1.4%)
  • Mar 6, 2025 Price Change
    $1,390,000 (-4.1%)
  • Feb 14, 2025 Price Change
    $1,449,000 (-3.3%)
  • Jan 15, 2025 Price Change
    $1,499,000 (-8.5%)
  • Nov 4, 2024 Listed
    $1,639,000 (+152.2%)
  • May 2019
    mls logo MLS # 582621
  • May 30, 2019 Sold
    $650,000
  • May 1, 2019 Contingent
    —
  • Feb 8, 2019 Price Change
    $699,000 (-4.1%)
  • Nov 7, 2018 Price Change
    $729,000 (+1.3%)
  • Nov 5, 2018 Listed
    $720,000 (-1.2%)
  • May 2019
    Public Records
  • May 30, 2019 Sold
    $650,000
  • May 2019
    mls logo MLS # 582526
  • May 28, 2019 Sold
    $650,000 (-5.0%)
  • May 1, 2019 Contingent
    —
  • Mar 5, 2019 Price Change
    $684,000 (-2.1%)
  • Oct 31, 2018 Listed
    $729,000 (+185.9%)
  • Nov 2015
    mls logo MLS # 90589
  • Nov 23, 2015 Sold
    $255,000 (+70.6%)
  • Nov 23, 2015 Price Change
    $149,500 (-57.3%)
  • Nov 4, 2000 Listed
    —
  • Oct 2002
    Public Records
  • Oct 30, 2002 Sold
    $350,000
  • Year Property taxes Tax assessment
  • 2024
    $7,083 +4.8%
    $828,945 +1.99%
  • 2023
    $6,758 +11.9%
    $812,809 +15.26%
  • 2022
    $6,037 +10.7%
    $705,193 +31.52%
  • 2021
    $5,451 -1.4%
    $536,200
  • 2020
    $5,526 +1.6%
    $536,200 +0.84%
  • 2019
    $5,439 +47.9%
    $531,730 +48.61%
  • 2018
    $3,678 +13.8%
    $357,809 +2.71%
  • 2017
    $3,231 -5.1%
    $348,366 -1.89%
  • 2016
    $3,404 +1.7%
    $355,086
  • 2015
    $3,348
    —
  • 3707 Paula Ave
    $930K
  • —
  • 33040
    $1.09M -15% y/y
  • Key West
    $1.1M -15% y/y
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6/10
Poinciana Elementary School
public Grades PK, K-5
Monroe
5/10
Key West High School
public Grades 9-12
Monroe
Source: GreatSchools.org © 2026. All rights reserved.

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