3729 Paula Avenue 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. Please note that this is a short sale and requires lender approval.