Residential

1018 Georgia Street, KEY WEST

$1,100,000.00

Bedroom 3 bedrooms
Bathroom 3 baths

  • MLS #: 618760
  • Address: 1018 Georgia Street, KEY WEST, FL 33040
  • SQFT: 1452
  • Acres: 0.07
  • Restrictions: No

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • More Appliances
  • Stainless Steel Appliance(s)
  • Range
  • Refrigerator
  • Dryer
  • Washer

Interior Features Interior Features
  • Cool System: Wall/Window Unit(s), Ceiling Fans(s)
  • Heat System: Heat Pump
  • Floors: Tile, Wood
  • Interior: Built-in Cabinets, Smoke Alarms, Sky Light(s), Dade County Pine, Granite Counter Top

Exterior Features Exterior Features
  • Roof: Metal Roof
  • Pool: No
  • Exterior: Fencing, Shed

Additional Features Additional Features
  • County: Monroe
  • Property Type: Casa Gato (2.0)
  • Tax Number: 00033870-000000
  • Waterfront Features: None
  • Water/Sewer: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Stories: 2 Stories
  • Year Built: 1943