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    FOR SALE
    Duplexes

    1018 Georgia St Key West, FL 33040

    3,042 SF Built 1942
    Property ID
    US18-3120151
    1018 Georgia St, Key West, FL 33040 For Sale 1 / 31
    $999,999 3,042 SF
    1018 Georgia St, Key West, FL 33040
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    Property summary
    AI-generated overview

    Income producing Duplex in Old Town Key West! The Owner would prefer to hold the financed note for a new owner. 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 $7,700/month ($92,400 annually), reflecting an estimated 9.2% 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.

    Property profile
    Verified
    Property type Duplexes
    Year built 1942
    Total area 3,042 SF
    UPID US18-3120151
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Monroe County Auto Transport Logistics Company
    1 occupant on record
    Value estimations
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    Owner & transaction history
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