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1018 Georgia Street Key West, FL $ 999,999
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1018 Georgia Street
$ 999,999
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1018 Georgia Street

Key West, FL, 33040
$ 999,999
Baths3.0 Sq 1,452

Monthly Estimate*

$ 6,157

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View a Virtual Tour
Studio

Multi-Family Home for sale in Key West, FL

for $999,999 with 3 full baths. This 1,452 square foot home was built in 1942 on a lot size of 0.07.

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.

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Multi-Family Active

Price

$ 999,999

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,823

Style

Lot Size

0.07

Year Built

1942

Town/City

Key West

County/Region

Monroe

MLS | Web ID

R11168914
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Sewer Available Water Available
Possession Close Of Escrow
Roof Metal
Patio/Porch Features Covered Deck Patio Porch
Construction Materials Frame Wood Siding
Year Built 1942
Electric 3 Phase
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 0
Waterfront Features None
County Monroe
Net Operating Income 0
New Construction false
Property Type Residential Income
Subdivision Name Casa Gato (2.0)
Other Structures Shed(s)
Status Active
Directions Coming down Truman Ave turn left onto Georgia St . 1018 Georgia St
High School Key West
City Key West
Senior Community Y/N false
Number Of Units Total 2
MLS Area 5940 - Other Florida County
Tax Annual Amount 7823.52
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1018-Georgia-Street-Key-West-FL-33040/unbranded
Standard Status Active
Property Sub Type Additional Duplex
Legal Description KW PT OF TR 14 G12-259
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Interior
Flooring Engineered Hardwood Tile Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Total Baths 3
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Exterior
Exterior Amenities Outdoor Living Area Room For Pool
Fencing Fenced
Lot Features < 1/4 Acre
Water Source Multiple Meters Public
Lot Size Area 3042
Building Area Total 3042
Lot Dimensions 25.67 x 118.50
Lot Size Acres 0.07
Waterfront Y/N false
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* Excluded Features
List By
Sean Farrer

Listing Agent

Affordability Calculator

$6,809
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$652
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Key West High School High School
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Pricing History
Date Price Price Change Description
4/8/2026 $999,999 -4.76% Price Down
3/19/2026 $1,050,000 -4.55% Price Down
3/5/2026 $1,100,000 Listed Price

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1018 Georgia Street, Key West, FL, 33040 is a Multi-Family Home for sale at $999,999 with 1,452 sqft and a lot size of 0.07. 1018 Georgia Street is a studio with 3.0 baths and was built in 1942. The property's zip code is 33040 which is in Key West, FL

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