1018 Georgia Street, Key West, FL 33040
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: sean farrer, p.a., diana lynn fiddes
Office: coldwell banker schmitt real estate co. (kw)
MLS#:618760
Source:FL_FKBOR
Price summary
- Price:$1,100,000
- Price per sq. ft.:$757.58
About this home
Income producing Duplex in Old Town Key West! Fully renovated offering strong income potential and turnkey condition. Recent upgrades include a new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit. The downstairs features two lockout units--rear unit projected at $2,800/month with large private backyard, and front unit at $2,300/month. Upstairs treetop unit is currently tenant-occupied. Total projected income of approximately $7,800/month ($93,600 annually), reflecting an estimated 8.5% cap rate. Centrally located directly across from Bayview Park, this property offers consistent rental demand and separate electric. X Flood zone with plenty of room for a pool in the backyard.
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Home facts
- Year built:1943
- Listing ID #:618760
- Added:5 day(s) ago
- Updated:February 26, 2026 at 03:25 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Built-in Cabinets, Granite Counter Top, Range, Refrigerator
- 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
- Architectural Style:Duplex
- Construction Materials:Frame, Hardi Board Siding
- Exterior Features:Fencing, Open Porch/Balcony, Roof Top Deck, Shed
- Levels:2 Stories
Utilities
- Water:Water Separate Meter
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$757.58
- Tax amount:$7,824 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Built-in Cabinets, Dade County Pine, Sky Light(s), Smoke Alarms
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