Investors Alert! Legal Duplex in Old Town Key West. This

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Commercial For Sale

1018 Georgia Street 3

Key West, Florida 33040

Monroe County Water View: Yes

Community: Casa Gato (2)

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$1,150,000 3 br, 3.0 bath 0 sq. ft. 0.000 acres

Investors Alert! Legal Duplex in Old Town Key West. This property just had an Extreme Makeover. new roof, new siding, new kitchens, new bathrooms., new sub flooring in the back apartment, new impact windows. An opportunity to own a rental Property in Kew West with great income flow. With all the upgrades the rent will be increased. Downstairs lock out units; the back unit will rent for $2500 with a back yard exposure. The front unit rent for $2200. Projected income will be estimating $7800. per month. Never a problem renting in the past. Upstairs tenant in place. The yearly income $93,600 bring a 6.5 cap rate. Located across the street form Bay View Park. An Exceptional location and Opportunity. @ separate meters for electric and water. tenants pay their own utilities. All units will be ready to show from December 8th onwards. Updated photos and floorplan to follow ASAP.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 0
  • Year Built: 1943
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Frame
  • Roof: Metal
  • Property Taxes: $7,314
  • MLS #: 617249
  • Unit Number: 3
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Contact Information:
Beach Commercial For Sale in Key West, Florida
Listing Agent: Diana Lynn Fiddes, Coldwell Banker Schmitt Key Largo, 305-393-0721, 305-451-4422 Listing Site, Listing Status: Active
Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6815330
Viewed 12 times.
Updated: Nov 16, 2025

This property is a Commercial located at 1018 Georgia Street 3, Key West, Florida 33040, and is currently For Sale at $1,150,000. This Commercial has 3 bedrooms, 3.0 baths, 0 sq ft.