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1018 Georgia Street, Key West, FL 33040

Key West
Local realty services provided by:CENTURY 21 Stein Posner
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:100 day(s) ago
  • Updated:June 13, 2026 at 03:14 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)
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Adam Stein

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