About 1018 Georgia Street
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 $7,700/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.
Features of 1018 Georgia Street
| MLS® # | 618760 |
|---|---|
| Price | $999,999 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,452 |
| Acres | 0.07 |
| Year Built | 1943 |
| Type | Residential |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1018 Georgia Street |
|---|---|
| Area | 02 - Key West |
| Subdivision | Old Town - Unlisted (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Amenities | Other Area Features, Bike Paths |
|---|---|
| Utilities | FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Built-in Cabinets, Smoke Alarms, Sky Light(s), Dade County Pine, Granite Counter Top |
|---|---|
| Appliances | More Appliances, Stainless Steel Appliance(s), Range, Refrigerator, Dryer, Washer |
| Heating | Heat Pump |
| Cooling | Wall/Window Unit(s), Ceiling Fans(s) |
| Fireplace | No |
| Stories | 2 Stories |
Exterior
| Exterior Features | Fencing, Shed |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Sliding Glass Doors, Impact Rstnce Window, Aluminum Windows |
| Roof | Metal Roof |
| Construction | Frame |
Additional Information
| Date Listed | February 21st, 2026 |
|---|---|
| Days on Market | 56 |
| Zoning | HMDR - Historic Medium Density Residential |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Diana Lynn Fiddes |
|---|---|
| Office | Coldwell Banker Schmitt Key Largo |