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Home For Sale

3729 Paula Avenue

Key West, Florida 33040

Monroe County Water View: Yes

Community: Pearlman Est (4)

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$695,000 3 br, 2.0 bath 1359 sq. ft. 0.130 acres

Unlock the potential of this prime property located in the highly sought-after New Town Key West. Situated on a spacious 5,500 sq ft lot, this single-level home offers over 1,300 sq ft of air-conditioned living space, including three bedrooms and a versatile sunroom that can serve as a fourth bedroom. With ample room for an in-ground pool, a full bath, and a half guest bath, this property is perfect for maximizing rental income or creating a luxurious retreat.Built in 1963, the home features durable concrete construction and timeless mid-century modern design, ensuring long-term value and appeal. The large covered parking area accommodates multiple vehicles, making it ideal for tenants or guests, and can double as an entertainment space.This property is zoned for both monthly and long-term rentals, offering investors a lucrative opportunity in one of Florida's most desirable destinations. Whether you're looking to add a turnkey rental to your portfolio or undertake a full renovation to increase value, this property provides unmatched flexibility.As a short sale, this is a rare chance to acquire a valuable asset at a competitive price. Listed at $695,000, all offers are subject to lender approval. Don't miss out on this incredible investment opportunity in Key West--submit your offer today!

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1359
  • Year Built: 1963
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: 
  • Garage: Carport, Covered
Exterior:
  • Lot Size: 0.130 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Concrete
  • Roof: 
  • Property Taxes: $5,586
  • MLS #: 617224
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Contact Information:
Beach Home For Sale in Key West, Florida
Listing Agent: Matthew Russell Carlson, Realty ONE Group Destination, 612-791-2345, 305-293-8881 Listing Site, Listing Status: Active
Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6808206
Viewed 17 times.
Updated: Nov 08, 2025

This property is a Home located at 3729 Paula Avenue, Key West, Florida 33040, and is currently For Sale at $695,000. This Home has 3 bedrooms, 2.0 baths, 1359 sq ft.