Income producing Duplex in Old Town Key West! Fully renovated

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Home For Sale

1018 Georgia Street

Key West, Florida 33040

Monroe County Water View: Yes

Community: Old Town - Unlisted (1)

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$1,050,000 3 br, 3.0 bath 1452 sq. ft. 0.070 acres

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.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 1452
  • Year Built: 1943
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.070 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Frame
  • Roof: Metal
  • Property Taxes: $7,824
  • MLS #: 618760
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Contact Information:
Beach Home 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 © 2026 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: 7354333
Viewed 17 times.
Updated: Mar 19, 2026

This property is a Home located at 1018 Georgia Street, Key West, Florida 33040, and is currently For Sale at $1,050,000. This Home has 3 bedrooms, 3.0 baths, 1452 sq ft.