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$1,100,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 1,452 Sq. Ft.
  • Updated 4 days ago
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Income producing Duplex in Old Town Key West! 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 $7,800/month ($93,600 annually), reflecting an estimated 8.5% 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.

Full Property Details for 1018 Georgia St

General

  • Price: $1,100,000
  • Taxes: $7,823 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Regional
  • MLS ID: R11168914
  • Updated: 3/5/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Tile, Wood

Additional Information

  • Shared Amenities: Basketball Court, Playground, Park, Sports Fields, Sidewalks, Tennis Court(s)

Exterior

  • Exterior Features: Outdoor Living Area, Room For Pool
  • Porch/Patio/Deck: Covered, Deck, Patio, Porch

Location

  • County: Monroe
  • Subdivision: Casa Gato (2.0)
  • Driving Directions: Coming down Truman Ave turn left onto Georgia St . 1018 Georgia St

School Information

  • High School: Key West

Community

  • Community Name: 5940 - Other Florida County
  • Units Assoc/Comm: 3

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Multiple Meters, Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Structure Type: Duplex
  • Construction: Frame, Wood Siding
  • Roof: Metal
  • Stories/Levels: 2
  • Building Size: 3042
  • Square Feet: 1,452
  • Living Area: 1,452 Sq. Ft.
  • Year Built: 1942
  • Property Condition: Resale

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049.2
  • Lot Dimensions: 25.67 x 118.50
  • Lot Features: 1/4 Acre
  • Zoning: HMDR - Historic
  • Fencing (Description): Fenced

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $7,823.52
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, Owner Will Carry, VA Loan
  • Tenant Pays: Electricity, Water

Disclosures and Reports

  • Legal Description: KW PT OF TR 14 G12-259
  • Property ID: 33870000000

Listed by Coldwell Banker Schmitt RE Co

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Listing agent

— 1018 Georgia St —

  • Coldwell Banker Schmitt RE Co

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1018 Georgia St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Horace O'bryant School
1105 Leon Street, Key West, FL 33040
6-80.2 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1018 Georgia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$1,100,000
238.46%
MLS
9/19/2011
Sold
$325,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1018 Georgia St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,314
—
$1,007,782
-1%
2024
$7,314
12%
$1,016,383
22%
2023
$6,540
9%
$835,312
7%
2022
$6,014
18%
$781,616
62%
2021
$5,076
—
$482,018
-3%
2021
$5,076
-3%
$497,799
-1%
2019
$5,251
5%
$500,789
8%
2018
$4,989
2%
$462,627
-1%
2017
$4,915
-7%
$465,479
-19%
2016
$5,289
8%
$576,234
60%
2015
$4,901
13%
$359,796
10%
2014
$4,339
10%
$327,088
10%
2013
$3,960
—
$297,353
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Coldwell Banker Schmitt RE Co

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1018 Georgia Street, Key West, FL 33040 (MLS# R11168914) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1018 Georgia Street is currently listed for $1,100,000 and was received on March 05, 2026. Want to learn more about 1018 Georgia Street? Do you have questions about finding other Duplex real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

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