1018 Georgia Street, Key West, FL 33040

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1018 Georgia Street,Key West, FL 33040
$1,150,000
  • 3 Beds
  • 2 Baths
  • 1,452 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Jan 04
    11:00 am - 01:00 pm
Listed by: diana lynn fiddes, sean farrer, p.a.
Office: coldwell banker schmitt key largo
MLS#:617248
Source:FL_FKBOR

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$792.01

About this home

Investors Alert! Legal Duplex in Old Town Key West. This property just had an Extreme Makeover. new roof, new siding, new kitchens, new bathrooms., new sub flooring in the back apartment, new impact windows . An opportunity to own a rental Property in Kew West with great income flow. With all the upgrades the rent will be increased. Downstairs lock out units; the back unit will rent for $2500 with a back yard exposure. The front unit rent for $2200. Projected income will be estimating $7800. per month. Never a problem renting in the past. Upstairs tenant in place. The yearly income $93,600 bring a 6.5 cap rate. Located across the street form Bay View Park. An Exceptional location and Opportunity. 2 separate meters for electric and water. tenants pay their own utilities. Updated photos and floorplan to follow ASAP. Seller will be reviewing offers from Jan 4th onwards.

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Home facts

  • Year built:1943
  • Listing ID #:617248
  • Added:53 day(s) ago
  • Updated:December 31, 2025 at 03:32 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,452 sq. ft.

Structure and exterior

  • Roof:Metal Roof
  • Year built:1943
  • Building area:1,452 sq. ft.
  • Lot area:0.07 Acres

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$792.01
  • Tax amount:$7,314 (2024)