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1018 Georgia Street, Key West, FL 33040

Key West
Local realty services provided by:CENTURY 21 Circle
1018 Georgia Street,Key West, FL 33040
$999,999
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,452 sq. ft.
  • Multi-family
  • Active
Listed by: diana lynn fiddes, sean farrer, p.a.
Office: coldwell banker schmitt key largo
MLS#:618760
Source:FL_FKBOR

Price summary

  • Price:$999,999
  • Price per sq. ft.:$688.7

About this home

Income producing Duplex in Old Town Key West! The Owner 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:1943
  • Listing ID #:618760
  • Added:111 day(s) ago
  • Updated:June 12, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Kitchen Description:Built-in Cabinets, Granite Counter Top
  • Living area:1,452 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans(s), Wall/Window Unit(s)
  • Heating:Heat Pump

Structure and exterior

  • Year built:1943
  • Building area:1,452 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Frame
  • Exterior Features:Fencing, Shed

Finances and disclosures

  • Price:$999,999
  • Price per sq. ft.:$688.7
  • Tax amount:$7,823

Features and amenities

  • Amenities:Built-in Cabinets, Dade County Pine, Sky Light(s), Smoke Alarms

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