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.

Based on information submitted to BeachesMLS as of June 25, 2026 8:44 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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More Info

Basic Information

Tenant Pays Electricity, Water

Basic Information

List Price$999,999
BeachesMLSR11168914
Modification Date06/23/2026
Property SubTypeDuplex
Property TypeResidential Income
StatusActive
Virtual TourView Tour

Interior

Flooring Engineered Hardwood, Tile, Wood

Property Information

Acreage0.07
Lot Features < 1/4 Acre
Lot Size Dimensions 25.67 x 118.50
Patio And Porch Features Covered, Deck, Patio, Porch
Property Condition Resale
Property Sub Type Additional Duplex
Square Feet1,452

Tax Information

Tax Legal Description KW PT OF TR 14 G12-259
Tax Year 2025
Taxes$7,823

Building

Building ConstructionFrame, Wood Siding
Stories2
Structure Type Duplex
Units2
Window Features Storm Window(s)
Year Built1942

Property

Other Structures Shed(s)

Utilities

Electric 3 Phase
Heat SystemWall Furnace
Heating YN Yes
Utilities Sewer Available, Water Available
Waste Water DisposalPublic Sewer

Water Body

Water AccessMultiple Meters, Public

Other

Date Listed03/05/2026
Possession Close Of Escrow

School Information

High SchoolKey West

Rooms

Bathroom3

Location

Address1018 Georgia Street
AreaOther Florida County
Building Number1018
CountyMonroe
StateFL
StreetGeorgia Street
SubdivisionCasa Gato (2.0)
TownKey West
Zip33040

Exterior

Exterior Features Outdoor Living Area, Room For Pool
Fencing Fenced
RoofMetal

Amenities

Cooling Ceiling Fan(s), Wall/Window Unit(s)
Cooling YN Yes
Other AmenitiesWater View

Legal

Parcel Number 00033870000000
Universal Parcel Id urn:reso:upi:2.0:US:12087:00033870000000

Buy a Home

Grier Allen

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