1018 Georgia St

Key West, FL 33040
  • $999,999

    Price
  • 3

    Bed
  • 3

    Bath
  • 1,452

    SqFt

About the Listing CBWS01 - 263501254

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.

Listing Highlights

Status Active
Days on Site 106
Property Type Multi-Family
MLS ® R11168914
Year Built 1942
Total Square Footage 1,452
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Engineered Hardwood,Tile,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Multiple Meters,Public

Exterior Details

  • Lot Description: < 1/4 Acre,Shed(s)
  • Garage Capacity: N/A
  • Lot Dimensions: 25.67 x 118.50
  • Zoning: HMDR - Historic
  • Roof: Metal
  • Others: Outdoor Living Area,Room For Pool
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $7,824
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00033870000000
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

1018 Georgia St Key West, FL 33040

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Originating MLS: BEACH

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