3729 Paula Ave Key West, FL 33040
New Town NeighborhoodEstimated payment $4,249/month
Total Views
11,248
3
Beds
2
Baths
1,359
Sq Ft
$511
Price per Sq Ft
About This Home
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.
Listing Agent
Realty ONE Group Destination Brokerage Email: rogdestination@gmail.com License #3413493 Listed on: 10/02/2024
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,327
Year Built
1963
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- First Right of Refusal: No
- Mandatory HOA: No
- Contingent: None
- Fee Includes: None
- Financial Status Potential Short Sale: Yes
- Key Island: Key West
- K W Neighborhood: New Town
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 4.00
- Min Rental Days: 28.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 5326.65
- Title: Title Ins - Seller
- Vehicle Storage: Carport, Covered Parking, Off Street Parking
- Vehicle Storage Cars: 2
- Year Built: 1963
- Alternate Key Number: 1055492
- Cooling Heating: Wall/Window Unit(s)
- Lot Sq Ft: 5500.00
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Building Style Stories: 1 Story
- Estimated Living Sq Ft: 1359.00
- Property Condition: Fixer Upper
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Attribution Contact: rogdestination@gmail.com
- Special Features: 12
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Other
- Total Bathrooms: 2.00
- Full Bathrooms: 1
- Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher
- Half Bathrooms: 1
- Total Bedrooms: 3
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Concrete
- Exterior Features: Fencing
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
- Heating: None
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,AE
- Parcel Number: 00054900-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.13
Rental Info
- Rentals Allowed: Yes
- Furnished: Unfurnished
Tax Info
- Tax Year: 2023
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $5,327 | $698,242 | $505,505 | $192,737 |
| 2023 | $5,327 | $685,503 | $505,505 | $179,998 |
| 2022 | $4,700 | $581,909 | $394,405 | $187,504 |
| 2021 | $4,234 | $434,676 | $269,418 | $165,258 |
| 2020 | $4,049 | $415,349 | $261,085 | $154,264 |
| 2019 | $4,100 | $417,694 | $261,085 | $156,609 |
| 2018 | $3,974 | $395,539 | $238,865 | $156,674 |
| 2017 | $3,958 | $386,775 | $0 | $0 |
| 2016 | $3,978 | $380,651 | $0 | $0 |
| 2015 | $3,792 | $357,427 | $0 | $0 |
| 2014 | $3,537 | $304,763 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $695,000 | -1.4% | $511 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $705,000 | -14.0% | $519 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $820,000 | +17.2% | $603 / Sq Ft |
| 02/23/2025 02/23/25 | Price Changed | $699,900 | -6.7% | $515 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $749,900 | -6.3% | $552 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $799,900 | -5.9% | $589 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $850,000 | -- | $625 / Sq Ft |
Source: Key West Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $699,000 | Chicago Title Florida Keys | |
| Deed | $23,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,500 | Small Business Administration | |
| Open | $559,200 | New Conventional | |
| Closed | $69,900 | No Value Available |
Source: Public Records
Similar Homes in Key West, FL
Source: Key West Association of REALTORS®
MLS Number: 611680
APN: 00054900-000000
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