Call Now:

Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Tropic Shores Realty
The Real Estate Professional You Deserve
Active
Property Photos
1018 Georgia Street
Image Gallery

PRICED AT ONLY: $1,050,000

Address: 1018 Georgia Street, Key West, FL 33040

Description

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.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
  • MLS#: R11168914 ( Residential Income )
  • Street Address: 1018 Georgia Street
  • Viewed: 3
  • Price: $1,050,000
  • Price sqft: $345
  • Waterfront: No
  • Year Built: 1942
  • Bldg sqft: 3042
  • Total Baths: 3
  • Days On Market: 25
Request More Information
  • All fields are required.
Features
Building and Construction
  • Fencing: Fenced
  • Flooring: Tile, Wood
  • Other Structures: Shed(s)
  • Roof: Metal
Land Information
  • Lot Features: Room for Pool
School Information
  • High School: Key West
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Electric: Three Phase
  • Heating: Window/Wall
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
Amenities
  • Association Amenities: Baseball/Softball Field, Basketball Court, Park, Playground, Sidewalks, Tennis Court(s)
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Legal Description: KW PT OF TR 14 G12-259
  • Parcel Number: 00033870000000
  • Zoning Code: HMDR - Historic

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin