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3729 Paula Avenue

Key West, FL 33040
  • $695,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 617224
Short Sale
$695,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,359
    SQFT
  • $511
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1963
County:

School Ratings & Info

Description

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!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/169706989
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3729 Paula Avenue Key West, FL 33040

  • Price: $695,000
  • Status: Active
  • On Site: 32 Days
  • MLS #: 617224
3
Beds
1
Baths
1
½ Baths
0.13
Acres
1,359
SQFT
$511
$/SQFT
1963
Built
Neighborhood:
New Town
County:
Monroe
Area:
04 - Key West
Property Description
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!
Exterior Features

Above Flood Yes Construction Concrete Dockage None Exterior Features Fencing Land Size Less Than 1/4 Acre Pool YN No Side Median Stories 1 Story Style Single Family Vehicle Storage CarportCovered ParkingOff Street Parking Vehicle Storage Cars 2 Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherMicrowaveOvenRefrigeratorDishwasher Cooling Heating Wall/Window Unit(s) Furnished Unfurnished Interior Features Other

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Condition Fixer Upper Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone AEAE Key West Neighborhood New Town Listing Board Key West Association Mile Marker 4.00 Min Rental Days 28.00 Pets Pets Allowed Potential Short Sale Yes Potential Short Sale Financial Status Yes Public Sewer Hookup Yes Rentals Allowed Yes Sq Ft Source Tax Records Tax Exemptions None Tax Year 2024 Taxes 5585.96 Terms No Seller FinanceVAConventionalCash Title Title Ins - Seller Utilities FKAAElect Separate MeterWater Separate MeterMunicipal Sewer Zoning SF - Single Family

Listing courtesy of Matthew Carlson of Realty ONE Group Destination: (305) 293-8881.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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333 Fleming Street
Key West FL, 33040