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1018 Georgia Street, Key West FL 33040

Multi-family For Sale
$999,999

BTC: 15.99998400

ETH: 594.28240328

-$100K (2026/04/09)
96 days
0 room(s)
1,452 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1942
Lot:
0.07 Acres
Heating:
Window/Wall
Price/sqft:
$689
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$7,823
2025
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Property

    • Levels: 2

    • Exterior Features: Room For Pool

    Lot

    • Lot: 0.07 Acres

    Other Property Information

    • Parcel Number: 00033870000000

    • Zoning: HMDR - Historic

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $7,823

  • Source details

    • MLS ID: R11168914

    Other facts

    • Construction Materials: Frame / Frame With Stucco / Wood Siding

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass

    • Other Structures: Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: Twin Home / Half Duplex / Two Story / Twin Homes

    • Living Area: 1452

    • Water Source: Public

    • Lot Size Dimensions: 25.67x118.50

    • Subdivision Name: Casa Gato (2.0)

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Schmitt RE Co