Duplex in 1018 Georgia Street, Key West, FL 33040 for sale with MLS# R11168914

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 with large private backyard, and front unit with private front porch. Upstairs treetop unit is currently tenant-occupied. 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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1018 Georgia Street, Key West, FL 33040

Price
Price:
$999,999.00
Original List Price:
$1,100,000.00
List Price per Sq Ft (Calculated, Approx.):
$688.7
Lease Details
Tenant Pays:
Electricity, Water
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Status Change
Last Major Update on:
July 2, 2026 3:46 pm
Rooms Distribution
Bathrooms Total:
3
Measures
Living Area:
1,452 Sqft
Built-Up Area:
3,042 Sqft
Lot Size Dimensions and Info:
25.67 x 118.50
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Features:
Room For Pool
Lot Size Acres:
0.07
Property Features
Waterfront:
No
Patio and Porch:
Patio, Deck, Porch, Patio - Covered, Patio - Open, Porch - Open
Windows:
Storm Window(s)
Other Structures:
Shed(s)
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Window/wall
Fence:
Fenced
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1942
Roof:
Metal
Number of Units Total:
2
Levels:
Two
Construction Materials:
Frame, Wood Siding, Wood Siding
Flooring:
Tile, Wood, Engineered Wood
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$7,823.52
Tax Year:
2025
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Subdivision Name:
Casa Gato (2.0)
Senior Community:
No
Restrictions:
Historic Designation
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan, Owner Will Carry Points, Private Financing Available
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
KW PT OF TR 14 G12-259
Real Estate Folio Number (Parcel Number):
00033870000000
Zoning:
HMDR - Historic
Public Schools Assigned
High School:
Key West
Listing History
Active on the market since:
March 5, 2026
Listing Agreement executed on:
March 5, 2026
Purchase Contract Date:
July 1, 2026
Price change occurred on:
April 8, 2026 9:34 pm
Listing Status Last Changed On:
July 2, 2026 3:46 pm
Photos updated on:
March 5, 2026 4:55 pm
Last Modified:
August 3, 2026 5:44 pm
Additional Information
Courtesy of:
Coldwell Banker Schmitt RE Co
Attribution:
Not provided
Location
Street Name:
Georgia
Street Number:
1018
City:
Key West
State:
Florida
Zip Code:
33040
County:
Monroe
Latitude:
N24° 33' 21.5''
Longitude:
W82° 12' 35.9''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $79,038
Median Home Value $766,400
Median Rent $2,079/mo
Median Age 44
Population 36,091
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This listing can also be located in the MLS system as RX-11168914
Association of REALTORS®
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