1018 Georgia Street, Key West, FL 33040
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- MLS#: R11168914 ( Residential Income )
- Street Address: 1018 Georgia Street
- Viewed: 28
- Price: $1,100,000
- Price sqft: $362
- Waterfront: No
- Year Built: 1942
- Bldg sqft: 3042
- Total Baths: 3
- Days On Market: 9
- Additional Information
- Geolocation: 25 / -82
- County: Monroe
- City: Key West
- Zipcode: 33040
- Subdivision: Casa Gato (2.0)
- High School: Key West
- Provided by: Coldwell Banker Schmitt RE Co
- DMCA Notice
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DescriptionIncome 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.
Property Location and Similar Properties
Features
Possible Terms
- Cash
- Conventional
- FHA
- Owner Will Carry
- VA Loan
Association Amenities
- Baseball/Softball Field
- Basketball Court
- Park
- Playground
- Sidewalks
- Tennis Court(s)
Close Date
- 0000-00-00
Cooling
- Ceiling Fan(s)
- Wall/Window Unit(s)
Electric
- Three Phase
Fencing
- Fenced
Flooring
- Tile
- Wood
Heating
- Window/Wall
High School
- Key West
Legal Description
- KW PT OF TR 14 G12-259
Lot Features
- Room for Pool
Other Structures
- Shed(s)
Parcel Number
- 00033870000000
Property Type
- Residential Income
Roof
- Metal
Sewer
- Public Sewer
Tax Year
- 2025
Tenant Pays
- Electricity
- Water
Utilities
- Sewer Available
- Water Available
Views
- 28
Virtual Tour Url
- https://www.zillow.com/view-imx/78625cf6-703e-404e-b247-d0669c4ec345?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Water Source
- Public
Year Built
- 1942
Zoning Code
- HMDR - Historic


