REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Steve Chamberland

steve.chamberland@engelvoelkers.com +1(954) 991-8680

$ 999,999

Est. payment -/mo

Save Virtual Tour

Active

1018 Georgia ST Key West, FL 33040

3 Baths

1,452 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,452 sqft

Price per Sqft $688

Subdivision Casa Gato (2.0)

MLS Listing ID R11168914

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1452

Year Built 1942

Annual Tax Amount $7,823

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Duplex

Property 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.

Location

State FL

County Monroe

Area 5940 - Other Florida County

Zoning HMDR - Historic

Rooms

Other Rooms Shed(s)

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Exterior

Exterior Feature Outdoor Living Area, Room For Pool

Fence Fenced

Utilities Available Sewer Available, Water Available

Amenities Available Basketball Court, Playground, Park, Sports Fields, Sidewalks, Tennis Court(s)

Waterfront Description None

Water Access Desc Multiple Meters,Public

Roof Type Metal

Porch Covered, Deck, Patio, Porch

Private Pool No

Building

Lot Description < 1/4 Acre

Dwelling Type Duplex

Entry Level Two

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories Two

Additional Building Shed(s)

Structure Type Frame,Wood Siding

New Construction No

Construction Status Resale

Schools

High Schools Key West

Others

Senior Community No

Restrictions Historic Restrictions,Rental Restriction

Tax ID 00033870000000

Acceptable Financing Cash, Conventional, FHA, Owner Will Carry, VA Loan

Listing Terms Cash, Conventional, FHA, Owner Will Carry, VA Loan

Virtual Tour https://www.propertypanorama.com/1018-Georgia-Street-Key-West-FL-33040/unbranded

Listed by Sean Farrer Coldwell Banker Schmitt RE Co

NEARBY SCHOOLS & PROPERTIES

Steve Chamberland

Advisor | License ID: 3548943

+1(954) 991-8680

GET MORE INFORMATION