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1018 Georgia Street, Key West, FL, 33040
Renovated Duplex with Lockout Units

1018 Georgia Street Key West, FL 33040

For Sale
Under Contract
$999,999

MULTI_FAMILY - Key West, FL

Property Size1,452 SF
Lot Size0.07 Acres
Price / SF$688.70
Days on Market156

Property Features for 1018 Georgia Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning HMDR - Historic Medium De
Bedrooms 3
Bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
Security features Security
Patio and Porch features Deck, Porch
Interior features Built-in Cabinets, Granite Counter Top, Dade County Pine, Sky Light(s)
Exterior features Fencing, Shed
Fencing Fenced
Appliances More Appliances, Washer, Dryer, Refrigerator, Range, Stainless Steel Appliance(s)
Standard status Active Under Contract
APN 00033870-000000
Size 1,452 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KW PT OF TR 14 G12-259
Tax Annual Amount 7824

Utilities

Heating system Heat Pump (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1943
Flooring type Tile, Wood
Building materials Frame
Roof type Metal
Listing Agency: Coldwell Banker Schmitt Key Largo
Listed By: Diana Lynn Fiddes · License #639613
Added: Feb 21 Changed: Jul 24 Last Checked: Jul 27 at 10:06AM
MLS# 618760

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income-producing duplex has been fully renovated and is offered in turnkey condition. Recent upgrades include a new roof and siding, impact windows, updated kitchens and baths, and new flooring in the rear unit. The downstairs level is configured as two lockout units: a front unit with a private front porch and a rear unit that includes a large private backyard. An upstairs treetop unit is currently tenant-occupied, adding to the property’s built-in rental setup. Separate electric is in place for the units.

Located in Old Town Key West, the property sits directly across from Bayview Park. The address is 1018 Georgia Street, and the home is described as being in an X flood zone. The rear yard provides additional outdoor space for potential future improvements, including room for a pool.

For buyers seeking an income-producing, multi-unit residential property with recent renovations and established tenant occupancy, this duplex offers an immediately usable layout with downstairs privacy and an additional upstairs unit. The seller indicates a preference to hold the financed note for a new owner, which may be relevant for buyers planning their financing structure. The separate electric feature can also support clearer unit-by-unit utility management.

Key Highlights

  • Income‑producing duplex in Old Town Key West with separate electric for the units
  • Downstairs offers two lockout units: a rear unit with a large private backyard and a front unit with a private front porch
  • Upstairs treetop unit is tenant‑occupied

Property Analytics

Property Profile Location Intelligence

Current Use

Monroe County Auto ... Logistics Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Carpet & Flooring Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Turnkey, recently upgraded duplex with separate electric and two downstairs lockout units plus a tenant-occupied upstairs unit.
Where is this triplex located?
The property is located at 1018 Georgia Street Key West, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Income‑producing duplex in Old Town Key West with separate electric for the units; Downstairs offers two lockout units: a rear unit with a large private backyard and a front unit with a private front porch; Upstairs treetop unit is tenant‑occupied
More about this property
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