Matthew Carlson
Realty ONE Group Destination
(833) 900-3522
66 Total Sales
1 in New Town
$680,000 Price
3707 Paula Ave Key West, FL 33040
New Town Neighborhood
3
Beds
3
Baths
1,552
Sq Ft
5,500
Sq Ft Lot
Highlights
- Deck
- Stainless Steel Appliances
- Laundry Room
- No HOA
- Shutters
- 4-minute walk to The Park
About This Home
As of March 2026Opportunities 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.
Last Agent to Sell the Property
Coastal Collection Real Estate Inc. License #00000 Listed on: 01/07/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,595
Year Built
- Built in 1963 | Remodeled
Lot Details
- 5,500 Sq Ft Lot
Home Design
- Duplex
- Metal Roof
Interior Spaces
- 1,552 Sq Ft Home
- Shutters
- Tile Flooring
Kitchen
- Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Covered Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Deck
- Outdoor Storage
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
Listing and Financial Details
- Assessor Parcel Number 00054850-000000
Community Details
Overview
- No Home Owners Association
- Pearlman Est Subdivision
- Rental Restrictions
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2026
Closed on
Mar 15, 2026
Sold by
Jiri Fliegel
Bought by
Seller's Agent
Cardenas & Krug Team
Coastal Collection Real Estate Inc.
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%
Views
505
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,760
Avg. Annual Appreciation
1.38%
Original Mortgage
$558,000
Outstanding Balance
$556,357
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$379,403
Purchase Details
Listed on
Oct 31, 2018
Closed on
May 28, 2019
Sold by
Hudgins Shawn W
Bought by
Jiri Fliegel
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$720,000
Sold Price
$650,000
Premium/Discount to List
-$70,000
-9.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Purchase Details
Closed on
Oct 30, 2002
Sold by
Frazier Rufus J and Frazier Nancy M
Bought by
Hudgins Shawn W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
6.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 14, 2002
Sold by
Mary T Moreno I
Bought by
Frazier Rufus J and Frazier Nancy M
Purchase Details
Closed on
Dec 15, 2000
Sold by
Laessig Martin
Bought by
Moreno Mary T and Frazier Rufus J
Purchase Details
Closed on
May 31, 1996
Sold by
Laessig Beatrice and Laessig Martin
Bought by
Laessig Martin
Purchase Details
Closed on
Apr 1, 1990
Bought by
Hudgins Shawn W
Purchase Details
Closed on
Nov 1, 1982
Bought by
Hudgins Shawn W
Home Values in the Area
Average Home Value in this Area
Agents Specializing in New Town, FL
-
Matthew Carlson
-
Yvette Toledo-Baste
Yvette Toledo-Baste
Compass Florida, LLC
(786) 882-4162
54 Total Sales
3 in New Town
$275,000 Price Range
-
Karol Marsden
Karol Marsden
Langley Knight Gardner Islamorada
(786) 751-4270
30 Total Sales
1 in New Town
$835,000 Price
-
Dan Serban
Dan Serban
Responds QuicklyKey West Luxury Real Estate Inc (KW)
(786) 589-8683
62 Total Sales
26 in New Town
$4K - $1.6M Price Range
-
Jennifer Newman
Jennifer Newman
Truman & Co. (KW)
(786) 751-3305
68 Total Sales
13 in New Town
$199K - $1.2M Price Range
-
Miriam Novotny
Miriam Novotny
Compass Florida, LLC
(786) 933-8090
47 Total Sales
18 in New Town
$340K - $1.2M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $930,000 | None Listed On Document | |
| Warranty Deed | $650,000 | None Listed On Document | |
| Warranty Deed | $350,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $255,500 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $140,000 | -- | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $558,000 | New Conventional | |
| Previous Owner | $255,000 | Commercial | |
| Previous Owner | $344,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $332,500 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2026 03/13/26 | Sold | $930,000 | -2.1% | $599 / Sq Ft | |
| 01/07/2026 01/07/26 | For Sale | $950,000 | 0.0% | $612 / Sq Ft | |
| 04/22/2025 04/22/25 | Rented | $4,750 | -5.0% | -- | |
| 04/08/2025 04/08/25 | For Rent | $5,000 | 0.0% | -- | |
| 05/28/2019 05/28/19 | Sold | $650,000 | -9.7% | $442 / Sq Ft | View Prior Sale |
| 05/14/2019 05/14/19 | Pending | -- | -- | -- | |
| 10/31/2018 10/31/18 | For Sale | $720,000 | -- | $489 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,083 | $818,190 | $458,288 | $359,902 |
| 2024 | $6,758 | $828,945 | $502,728 | $326,217 |
| 2023 | $6,758 | $812,809 | $505,505 | $307,304 |
| 2022 | $6,037 | $705,193 | $394,405 | $310,788 |
| 2021 | $5,451 | $524,754 | $255,530 | $269,224 |
| 2020 | $5,526 | $536,200 | $261,085 | $275,115 |
| 2019 | $5,439 | $531,730 | $261,085 | $270,645 |
| 2018 | $3,678 | $357,809 | $0 | $0 |
| 2017 | $3,231 | $348,366 | $0 | $0 |
| 2016 | $3,404 | $355,086 | $0 | $0 |
| 2015 | $3,348 | $334,667 | $0 | $0 |
| 2014 | $3,366 | $325,413 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cardenas & Krug Team
Seller's Agent in 2026
Cardenas & Krug Team
Coastal Collection Real Estate Inc.
(305) 848-1616
5 in this area
32 Total Sales
-
Matthew Sheehan
Buyer's Agent in 2026
Matthew Sheehan
Ocean Sotheby's International Realty
(305) 849-9233
12 in this area
80 Total Sales
-
Irina Pytlik
Seller's Agent in 2025
Irina Pytlik
Keys Top Realty LLC
(305) 987-7775
6 in this area
13 Total Sales
-
Yulia Vakhtenko
Seller Co-Listing Agent in 2025
Yulia Vakhtenko
Keys Top Realty LLC
(305) 879-0731
1 in this area
1 Total Sale
-
Jenny Perry
Seller's Agent in 2019
Jenny Perry
Preferred Properties (KW)
(305) 395-2540
10 in this area
72 Total Sales
-
LM
Seller Co-Listing Agent in 2019
Laura McChesney
Preferred Properties Cri (Br)
Map
Source: Key West Association of REALTORS®
MLS Number: 617985
APN: 00054850-000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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