Duplex For Sale

1018 Georgia Street, Key West, FL 33040

$1,050,000
3 Bathrooms
1,452
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.

Basic Details
Listing Type : For Sale
Price : $1,050,000
Bathrooms : 3
Square Footage : 1,452
Property Sub Type : Duplex
Field 3132 : Basketball Court,Playground,Park,Sports Fields,Sidewalks,Tennis Court(s)
Features
: Wall/Window Unit(s), Ceiling Fan(s)
: Fenced
: Patio, Porch, Deck, Covered
Public Sewer
Wall Furnace
Tile, Wood
Metal
Location
US
FL
Monroe
Key West
33040
Coming down Truman Ave turn left onto Georgia St . 1018 Georgia St
5940 - Other Florida County
1018 Georgia Street, Key West, Florida 33040
Extended Details
Outdoor Living Area,Room For Pool
Virtual Tour URL
Casa Gato (2.0)
03.05.2026
Key West
Frame,Wood Siding
None
Duplex
Cash,Conventional,FHA,Owner Will Carry,VA Loan
Sewer Available,Water Available
< 1/4 Acre
Basketball Court,Playground,Park,Sports Fields,Sidewalks,Tennis Court(s)
25.67 x 118.50
2
HMDR - Historic
2025
Close Of Escrow
$0
Coldwell Banker Schmitt RE Co
Sean Farrer
3042
3 Phase
Two
25.67 x 118.50
Active
2026-03-05
1100000
2026-03-05T11:37:48Z
2
7823.52
Multiple Meters,Public
BEACH
Property TypeDuplex
StatusActive
Listing IDR11168914
Year Built1942
Lot Area3,042
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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