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    Fully Renovated Duplex with Lockout Units 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:
    130
    Last Refresh:
    Jul 1 at 12:06 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 1, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
    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
    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
    Window Unit(s), Wall/Window Unit(s)

    Building Details

    Year built
    1943
    Floors in Building
    2
    Flooring type
    Tile, Wood
    Building materials
    Frame
    Roof type
    Metal

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    Contact an agent
    Diana Lynn Fiddes
    Diana Lynn Fiddes

    Listing agent Diana Lynn Fiddes License #639613

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

    Listing date Feb 21, 2026

    MLS# 618760 Listing URL

    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.

    HighLights

    • Income‑producing duplex in Old Town Key West with multiple lockout units and upstairs treetop unit
    • Recent upgrades include new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit
    • Projected rental income: $2,800/month rear unit, $2,300/month front unit, and total about $7,700/month ($92,400 annually)
    • Upstairs treetop unit is currently tenant‑occupied; downstairs includes two lockout units and a large private backyard
    • Separate electric for the units; property is fenced and includes a deck and porch
    • Roof is metal; built in 1943; located X flood zone, directly across from Bayview Park

    Overview

    This fully renovated duplex provides a flexible rental setup with two lockout units on the downstairs level and a separate upstairs treetop unit. Recent upgrades include a new roof, new siding, impact windows, updated kitchens and baths, and new flooring in the rear unit. The downstairs rear unit is paired with a large private backyard, while the front downstairs unit offers a separate entry configuration consistent with lockout-style living.

    The property is centrally located directly across from Bayview Park at 1018 Georgia Street in Key West, Florida. The owner notes separate electric for the units, and the site is identified as being in an X Flood zone. The backyard area is described as having room for a pool.

    Financially, the owner-provided projection shows the rear unit at approximately $2,800 per month and the front unit at approximately $2,300 per month, with the upstairs treetop unit currently tenant-occupied. Total projected income is stated at approximately $7,700 per month (about $92,400 annually), reflecting an estimated 9.2% cap rate. For qualified buyers, the owner prefers to retain the financed note for the next owner.
    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?
    Triplex - Turnkey duplex with renovated interiors, impact windows, and separate electric across from Bayview Park.
    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 multiple lockout units and upstairs treetop unit; Recent upgrades include new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit; Projected rental income: $2,800/month rear unit, $2,300/month front unit, and total about $7,700/month ($92,400 annually)
    More about this property
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