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1018 Georgia Street STREET

KEY WEST, FL 33040

$999,999 $4,216/Mo

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Overview

Bed

Bath

1,452

Sqft

Description

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.

Property Details

Property Type : Multi-family

Price : $999,999

AD Id : 75549366

MLS Id : 618760

Beds : 3

Living Area Size : 1,452

Year Built : 1943

County : Monroe

Subdivision: Old Town - Unlisted (1.0)

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 3 Full Baths: 3
Interior Features

Built-in Cabinets,Smoke Alarms,Sky Light(s),Dade County Pine,Granite Counter Top Appliances: More Appliances,Stainless Steel Appliance(s),Range,Refrigerator,Dryer,Washer
Roofing Information

Metal Roof

Flooring Information

Tile,Wood

Heating & Cooling

Cooling: Wall/Window Unit(s),Ceiling Fans(s) Heating: Heat Pump Water Front: No None No Waterview

Window Information

Window Treatments: Sliding Glass Doors,Impact Rstnce Window,Aluminum Windows

Building Information

Year Built: 1943 Total Units: 0.00 Floor Location: 3042 Construction: Frame Security System: No Security Roof: Metal Roof
Exterior Features

Fencing,Shed

Lot Information

Lot SqFt: 3,042 Lot SqFt Source: Tax Records KW PT OF TR 14 G12-259
Property Information

SQ ft (Living Area): 1,452 View: No Waterview Subdivision: Old Town - Unlisted (1.0) Stories: 2 Stories

Listing Price Information

List Price: $999,999
Listing Information

Seller Finance Psble,Cash,FHA,Conventional

Tax Information

Taxes: $7,824 Tax Year: 2025 Parcel Number: 00033870-000000 Tax Exemptions: None

Virtual Tour

Virtual Tour (External Link)
Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

Utility Information

FKAA,Elect Separate Meter,Water Separate Meter,Municipal Sewer

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1018 Georgia Street, Key West, FL, 33040	$999,999	3	3	1,452	1,452 SqFt
1409 4th Street, Key West, FL, 33040	$1,250,000	4	3	2,664	2,664 SqFt
1614 Dennis Street, Key West, FL, 33040	$1,299,000	7	4	2,699	2,699 SqFt
2004 Patterson Avenue, Key West, FL, 33040	$925,000	4	3	1,239	1,239 SqFt
2016 Roosevelt Drive, Key West, FL, 33040	$1,300,000	7	5	2,957	2,957 SqFt
1612 Laird Street, Key West, FL, 33040	$1,354,000	3	3	1,904	1,904 SqFt
1505 Rose Street, Key West, FL, 33040	$1,785,000	4	3	1,932	1,932 SqFt
1432 Eliza Street, Key West, FL, 33040	$849,000	5	2	1,501	1,501 SqFt
901 Eisenhower Drive, Key West, FL, 33040	$4,750,000	6	5	3,788	3,788 SqFt
1306 Virginia Street, Key West, FL, 33040	$1,369,000	3	2	1,428	1,428 SqFt