- MLS#: R11168914 ( Residential Income )
- Street Address: 1018 Georgia Street
- Viewed: 21
- Price: $1,100,000
- Price sqft: $362
- Waterfront: No
- Year Built: 1942
- Bldg sqft: 3042
- Total Baths: 3
- Days On Market: 6
- Additional Information
- Geolocation: 25 / -82
- County: Monroe
- City: Key West
- Zipcode: 33040
- Subdivision: Casa Gato (2.0)
- High School: Key West
- Provided by: Coldwell Banker Schmitt RE Co
- DMCA Notice
Nearby Subdivisions
Bay Manor (3.0)
Benj Alburys Subd (2.0)
Calle Uno 9.0
Carletons Compound (1.0)
Casa Gato (2.0)
D T Sweenys Dia (1.0)
East Martello Towers (2.0)
Filer Boyle Sub (1.0)
Gardens Of Key West (1.0)
George W Nichols Sub (1.0)
Gg Watson Sub (1.0)
Gwynn Sub (1.0)
Hilton Haven Sec 2 A (2.0)
Island City Land Sub (1.0
Island City Land Sub (1.0)
Kamien Plat #1 (2.0)
Kamien Plat #2 (2.0)
Key Estates (3.0)
Key West Estates (4.0)
Key West Fwdn Sub (4.0)
Key West Golf Club Dev (4.0)
Key West Investment Co Sub (1.
Key West Realty Cos Sub (3.0)
Knights Sub (2.0)
Kw All Sub
Kw G G Watson Sub
Land Buyers Assn (3.0)
Lime Grove (3.0)
Macros Subd (2.0)
Martello Towers (1.0)
Moffats Sub (2.0)
Monroe Investement Co Sub (2.0
New Town - Unlisted (2.0)
Nuevo Progresso (2.0)
Old Town - Unlisted (1.0)
Old Town - Unrecord
Old Town - Unrecord (1.0)
Old Town- Unrecord (1.0)
Pearlman Est (4.0)
Pearlman Heights (4.0)
Pearlmans Subd (2.0)
Prog Land Imp Co Diag (2.0)
Riviera Shores (3.0)
Riviera Shr Amd Plat (3.0)
Robyn Sub (5.0)
Southernmost Hidaways (1.0)
Summerland Estates
Sunrise Shores (4.0)
Sunset Key (tank) Island Unrcd
Sunshine Sub Plat 1 (3.0)
Sunshine Sub Plat 3 (3.0)
The Foundry (1.0)
The Seven Palms - A Key West O
Tropical Bldt & Investment Co
Vista Del Mar (4.0)
Waddells Subdivision (2.0)
Webb Realty Co Sub (1.0)
White & Pierce Diagram (1.0)
Windward Park (1.0)
PRICED AT ONLY: $1,100,000
Address: 1018 Georgia Street, Key West, FL 33040
Would you like to sell your home before you purchase this one?
Description
Income producing Duplex in Old Town Key West! 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 $7,800/month ($93,600 annually), reflecting an estimated 8.5% 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 Location and Similar Properties
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Building and Construction
- Fencing: Fenced
- Flooring: Tile, Wood
- Other Structures: Shed(s)
- Roof: Metal
Land Information
- Lot Features: Room for Pool
School Information
- High School: Key West
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Ceiling Fan(s), Wall/Window Unit(s)
- Electric: Three Phase
- Heating: Window/Wall
- Sewer: Public Sewer
- Utilities: Sewer Available, Water Available
Amenities
- Association Amenities: Baseball/Softball Field, Basketball Court, Park, Playground, Sidewalks, Tennis Court(s)
Finance and Tax Information
- Tax Year: 2025
Rental Information
- Tenant Pays: Electricity, Water
Other Features
- Legal Description: KW PT OF TR 14 G12-259
- Parcel Number: 00033870000000
- Views: 21
- Zoning Code: HMDR - Historic



