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    3707 Paula Ave Key West, FL 33040

    For Sale
    $950,000

    Multi-family - Key West, FL

    Type:Multi Family
    Property size:
    1,552 SF
    Lot size:
    0.13 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 3707 Paula Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    SF - Single Family
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    00054850-000000
    Parking features
    Carport, Covered
    Exterior features
    Outdoor Shower, Storage
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Size
    1,552 SF
    Lot size
    0.13 Acres

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1963
    Flooring type
    Tile
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    Ocean Sotheby's International Realty (305) 294-1117

    Listing agent Cardenas & Krug Team (305) 294-1117 License #00000

    Listing date Nov 10, 2025

    MLS# 617269 Listing URL

    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.

    Overview

    Key West Income-Producing Duplex

    This property features a blend of an income-producing legal duplex and a renovated primary home in New Town, Key West. The primary home includes 2 bedrooms and 2 baths with upscale touches throughout, including a renovated gourmet kitchen. The spacious primary suite features a luxurious ensuite bath and opens to a private backyard oasis, separate from the rental unit. The detached 1-bedroom, 1-bathroom cottage provides income potential or space for guests and family. The property is located at 3707 Paula Avenue, Key West, FL 33040. The lot size is 0.13 acres, and the property size is 1552 square feet. The zoning is SF - Single Family.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.755737
    Latitude
    24.5681

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with renovated primary home in New Town.
    Where is this duplex located?
    The property is located at 3707 Paula Ave Key West, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Income-producing legal duplex with a renovated primary home.; - Renovated gourmet kitchen in the primary home.; - Spacious primary suite with luxurious ensuite bath and private backyard access.
    (305) 294-1117
    Request Owner's contact information
    3707 Paula Ave Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3707 Paula Ave Key West, FL 33040
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