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Triplex with Private Backyard and Deck
For Sale
Under Contract
$999,999

1018 Georgia Street, Key West, FL 33040

MULTI_FAMILY - Key West, FL

Property Size1,452 SF
Lot Size0.07 Acres
Price / SF$688.70
Days on Market177

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
Full bathrooms 3
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1
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)
Subdivision Old Town - Unlisted (1.0)
View Water
Directions Coming down Truman Ave turn left onto Georgia St . 1018 Georgia St
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
Legal Description KW PT OF TR 14 G12-259

Utilities

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

Building Details

Year built 1943
Flooring type Wood, Tile
Building materials Frame
Roof type Metal
Listing Agency: Coldwell Banker Schmitt Key Largo
Listed By: Diana Lynn Fiddes · License #639613
Added: Feb 21 Changed: Aug 6 Last Checked: Aug 17 at 4:06PM
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 fully renovated triplex offers a flexible layout with multiple lockout-style units and private outdoor space. The downstairs includes two separate units: a rear unit with a large private backyard and a front unit with a private front porch. An upstairs treetop unit is currently tenant-occupied. Recent upgrades include a new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit. Interior touches include built-in cabinets, granite countertops, Dade County pine, and skylights, along with stainless steel appliances and in-unit laundry. The home is framed construction with a metal roof, and it’s heated with a heat pump and cooled with window and wall/window units.

The property sits on a 0.07-acre lot totaling 1,452 square feet, built in 1943, and is centrally located directly across from Bayview Park. The units have separate electric. It’s in an X flood zone, and the backyard provides space for a pool.

Outside amenities include fenced areas, a shed, and a deck along with porch space that supports tenant-by-tenant privacy and day-to-day usability.

Key Highlights

  • 0.07‑acre lot with 1,452 square feet in a triplex layout
  • Built in 1943 with frame construction and metal roof
  • Recent upgrades include new roof, siding, impact windows, updated kitchens and baths

Property Analytics

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,453
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully renovated triplex in Key West’s Old Town with separate electric, impact windows, and multiple private outdoor spaces.
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: 0.07‑acre lot with 1,452 square feet in a triplex layout; Built in 1943 with frame construction and metal roof; Recent upgrades include new roof, siding, impact windows, updated kitchens and baths
More about this property
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