Presenting a prime, new opportunity in New Town Key West! This property features a 5,500 sq ft lot with over 1,300 sq ft of air-conditioned living space, all situated on one level. The home includes three bedrooms, with an additional sunroom currently used as a non-conforming fourth bedroom. There is potential for an in-ground pool, along with a full bath and a half guest bath for added convenience. The property offers a large covered parking area with capacity for multiple vehicles, suitable for both parking and entertaining.This residence is move-in ready or can be considered for full renovation, providing flexibility for various buyer needs. Built in 1963, it showcases mid-century modern design elements and is constructed with durable concrete.The property allows for monthly and long-term rentals as per the regulations of Key West, making it a viable investment opportunity.This property is to be placed in an upcoming auction. All bids should be submitted at www.xome.com (void where prohibited). All auction properties are subject to a 2% buyer's premium pursuant to the Event Agreement and Auction Terms & Conditions (minimums will apply). Please contact listing agent for details on this property.
For sale
Price cut: $10K (7/15)
$695,000
3729 Paula Ave, Key West, FL 33040
3beds
1,359sqft
Est.:
Single Family Residence
Built in 1963
5,662.8 Square Feet Lot
$-- Zestimate®
$511/sqft
$-- HOA
What's special
Mid-century modern design elementsLarge covered parking areaThree bedroomsSituated on one level
- 312 days
- on Zillow |
- 3,387 |
- 92 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 11:15pm
Listed by:
Matthew Russell Carlson 612-791-2345,
Realty ONE Group Destination
Source: FLKMLS,MLS#: 611680
Originating MLS: Key West Association

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Washer, Microwave, Oven, Refrigerator, Dishwasher
Features
- Other
Interior area
- Total interior livable area: 1,359 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Covered, Off Street
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 5,662.8 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00054900000000
- Zoning: SF
- Zoning description: Single Family
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
Condition
- Fixer
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Municipal Sewer, Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA
Community & HOA
Community
- Subdivision: Pearlman Est (4.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $698,242
- Annual tax amount: $5,326
- Date on market: 10/2/2024
- Listing terms: No Seller Finance,VA Loan,Conventional,Cash
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