About 1018 Georgia Street
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.
Features of 1018 Georgia Street
| MLS® # | R11168914 |
|---|---|
| USD | $999,999 |
| CAD | $1,403,059 |
| CNY | 元6,757,793 |
| EUR | €862,599 |
| GBP | £746,457 |
| RUB | ₽72,889,027 |
| Bathrooms | 3.00 |
| Square Footage | Public Records |
| Acres | 0.07 |
| Year Built | 1942 |
| Type | Residential |
| Sub-Type | Duplex |
| Restrictions | Historic Designation, Lease Restrictions |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 1018 Georgia Street |
|---|---|
| Area | 5940 - Other Florida County |
| Subdivision | Casa Gato (2.0) |
| City | Key West |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Guest House | No |
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Ceiling Fan(s), Wall/Window Unit(s) |
| Stories | Two |
Exterior
| Lot Description | Room for Pool |
|---|---|
| Windows | Storm Window(s) |
| Roof | Metal |
| Construction | Frame, Wood Siding |
School Information
| High | Key West |
|---|
Additional Information
| Date Listed | March 5th, 2026 |
|---|---|
| Days on Market | 105 |
| Zoning | HMDR - Historic |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 00033870000000 |
Listing Details
| Office | Coldwell Banker Schmitt RE Co |
|---|---|
| keywestrealestateguy@gmail.com |