1018 Georgia Street, Key West, FL 33040

Key West
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1018 Georgia Street,Key West, FL 33040
$999,999
Virtual Tour
  • - Beds
  • 3 Baths
  • 1,452 sq. ft.
  • Multi-family
  • Active
Listed by: sean farrer
Office: coldwell banker schmitt re co
MLS#:R11168914
Source:RMLS

Price summary

  • Price:$999,999
  • Price per sq. ft.:$328.73

About this home

Income producing Duplex in Old Town Key West! The Owner would prefer to hold the financed note for a new owner. 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 $7,700/month ($92,400 annually), reflecting an estimated 9.2% 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:1942
  • Listing ID #:R11168914
  • Added:84 day(s) ago
  • Updated:May 28, 2026 at 05:47 PM

Rooms and interior

  • Total bathrooms:3
  • Flooring:Tile, Wood
  • Living area:1,452 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Metal
  • Year built:1942
  • Building area:1,452 sq. ft.
  • Construction Materials:Frame
  • Exterior Features:Deck, Patio, Porch, Room for Pool

Schools

  • High school:Key West

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$999,999
  • Price per sq. ft.:$328.73
  • Tax amount:$7,824 (2025)
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