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1018 Georgia Street
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PRICED AT ONLY: $999,999

Address: 1018 Georgia Street, KEY WEST, FL 33040

Description

Income producing Duplex in Old Town Key West! The Owner 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.

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More Like This
  • MLS#: 618760 ( Townhome )
  • Street Address: 1018 Georgia Street
  • Viewed: 3
  • Price: $999,999
  • Price sqft: $689
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1943
  • Bldg sqft: 1452
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 82

Description

Income producing Duplex in Old Town Key West! The Owner 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.
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Features
Building and Construction
  • Absolute Longitude: 81.790047
  • Construction: Frame
  • Exterior Features: Fencing, Shed
  • Floor: Tile, Wood
  • Porchbalcony: Open Porch/Balcony, Roof Top Deck
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212109142258000000
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Cooling: Wall/Window Unit(s), Ceiling Fans(s)
  • Handicap Access: No
  • Heating: Heat Pump
  • Kw Neighborhood: Old Town-S of Truman
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Security: No Security
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Windowsdoors: Sliding Glass Doors, Impact Rstnce Window, Aluminum Windows
Amenities
  • Neighborhood Feature: Other Area Features, Bike Paths
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2025
Rental Information
  • Min Rental Days: 28.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1034771
  • Appliances: More Appliances, Stainless Steel Appliance(s), Range, Refrigerator, Dryer, Washer
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Contingent: None
  • Deed Restrictions: No
  • Dockage: None
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Furnished: Unfurnished
  • Interior Features: Built-in Cabinets, Smoke Alarms, Sky Light(s), Dade County Pine, Granite Counter Top
  • Legal Description: KW PT OF TR 14 G12-259
  • Mile Marker: 1.00
  • Parcel Num: 00033870-000000
  • Side: Median
  • Species List: No
  • Style: Duplex
  • Zoning: HMDR - Historic Medium Density Residential
Nearby Subdivisions
Casa Caselles (2.0)   Flaglers Landing (2.0)   Gg Watson Sub (1.0)   Island City Sub (2.0)   Kamien Plat #1 (2.0)   Key Cove (2.0)   Key West Estates (4.0)   Key West Fwdn Sub (4.0)   Key West Golf Club Dev (4.0)   Key West Investment Co Sub (1.   Key West Realty Cos Sub (3.0)   Knights Sub (2.0)   La Brisa West (2.0)   Mills Place (1.0)   Moffats Sub (2.0)   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Old Town Garden Villas (1.0)   Roosevelt Annex (2.0)   Seaside Key West Residences   Solana Village (3.0)   Sunrise Shores (4.0)   Sunshine Sub Plat 1 (3.0)   The Foundry (1.0)   Village Townhouse (3.0)   Villas Of Key West (3.0)  
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Contact Info

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  4. phoenixwade@gmail.com
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