1018 Georgia Street
Key West, FL 33040
3
Bed
3
Bath
1,452Sqft
3,042Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: MetalWindow Features: StormWindows -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: CeilingFans, WallWindowUnits
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Building Information
Year Built: 1942Building Area Total: 3042Construction Materials: Frame, WoodSidingStories: 2Patio And Porch Features: Covered, Deck, Patio, PorchPrivate Pool: NoWater front Features: None -
Exterior Features
Exterior Features: OutdoorLivingArea, RoomForPool
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Lot Information
Lot Dimensions: 25.67 x 118.50 Main Square Feet: 3042 Lot Size Acres: 0.07 Lot Description: LessThanQuarterAcreProperty Information
Subdivision: Casa Gato (2.0) Source Property Type: ResidentialIncome Property SubType: Duplex Levels: Two Property Age: 84
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Listing Price Information
Listing Price: $999999Original Price: $1100000Cash, Conventional, FHA, OwnerWillCarry, PrivateFinancingAvailable, VaLoan
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Tax Information
Parcel Number: 00033870000000 Tax Year: 2025 Annual Tax: $7823.52 Tax Legal Desc: KW PT OF TR 14 G12-259
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School Information
Elementary School: Junior High School: Senior High School: Key West -
Utility Information
SewerAvailable, WaterAvailable -
Location Information
Direction: Coming down Truman Ave turn left onto Georgia St . 1018 Georgia St WaterSource: MultipleMeters, Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 |
| 1018 Georgia Street, Key West, FL, 33040 | $999,999 | 3 | 3 | 1,452 | 1,452 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 06:02
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