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    Key West Income Producing Duplex Title is generated by Realmo AI

    1018 Georgia Street, Key West, FL 33040

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    For Sale
    $999,999

    MULTI_FAMILY - Key West, FL

    Property size:
    1,452 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $688/SF
    Added:
    Feb 21, 2026
    Days on Market:
    110
    Last Refresh:
    Jun 11 at 11:06 pm

    Property Features for 1018 Georgia Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    HMDR - Historic Medium De
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
    Security features
    Security
    Window features
    Aluminum Frames
    Patio and Porch features
    Porch, Deck
    Pets allowed
    Yes
    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
    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
    Wood, Tile
    Building materials
    Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Diana Lynn Fiddes
    Diana Lynn Fiddes

    Listing agent Diana Lynn Fiddes License #639613

    Listing office Coldwell Banker Schmitt Key Largo 100430 Overseas Hwy., KEY LARGO, FL

    Listing date Feb 21, 2026

    MLS# 618760 Listing URL

    Copyright © 2026 Florida Keys Board 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.

    HighLights

    • High Income Potential: Projected $7,700/month ($92,400 annually) with an estimated 9.2% cap rate.
    • Turnkey & Fully Renovated: Enjoy recent upgrades including a new roof, siding, impact windows, updated kitchens and baths, and new flooring.
    • Owner Financing Available: Benefit from the owner's preference to hold the financed note.
    • Prime Location: Centrally located in Old Town Key West directly across from Bayview Park.
    • X Flood Zone with Room for a Pool: Property is in an X flood zone and has ample space for a pool in the backyard.
    • Income Producing Duplex: Features two lockout units downstairs and an upstairs unit, all with rental potential.

    Overview

    This income-producing duplex is located in Old Town Key West. The property has been fully renovated and is in turnkey condition, offering strong income potential. 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: a rear unit projected to generate $2,800 per month and a front unit projected at $2,300 per month. The rear unit includes a large private backyard. The upstairs treetop unit is currently tenant-occupied. The total projected income is approximately $7,700 per month, or $92,400 annually, reflecting an estimated 9.2% cap rate. The property is centrally located directly across from Bayview Park, offering consistent rental demand and separate electric meters. The property is in an X Flood zone and has room for a pool in the backyard. The lot size is 0.07 acres and the property size is 1452 square feet. The zoning is HMDR - Historic Medium De.
    Property Profile Location Intelligence

    Current Use by Public Records

    Monroe County Auto ... Logistics Company

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.790047
    Latitude
    24.555994

    FAQs

    What type of property is this?
    Duplex - Renovated duplex in Old Town Key West with income potential.
    Where is this duplex 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: High Income Potential: Projected $7,700/month ($92,400 annually) with an estimated 9.2% cap rate.; Turnkey & Fully Renovated: Enjoy recent upgrades including a new roof, siding, impact windows, updated kitchens and baths, and new flooring.; Owner Financing Available: Benefit from the owner's preference to hold the financed note.
    More about this property
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