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For sale
  • Price cut: $50K (3/19)
    $1,050,000

    1018 Georgia St, Key West, FL 33040

    3beds
    1,452sqft
    : 
    Duplex, Multi Family
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $723/sqft
    $-- HOA

    What's special

    Fully renovatedNew roofUpdated kitchens and bathsImpact windowsTwo lockout unitsLarge private backyard
    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 $2,600/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.
    44 days
    |
    1,119
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 04:26am

    Listed by:

    Diana Lynn Fiddes 305-393-0721,

    Coldwell Banker Schmitt Key Largo,

    Sean Farrer, P.A. 305-924-0700,

    Coldwell Banker Schmitt Real Estate Co. (KW)

    Source: FLKMLS,MLS#: 618760MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Heat Pump
      Cooling
      • Wall/Window Unit(s), Ceiling Fans(s)
      Appliances
      • Included: More Appliances, Stainless Steel Appliance(s), Range, Refrigerator, Dryer, Washer
      Features
      • Built-in Cabinets, Dade County Pine, Granite Counters
      • Flooring: Tile, Wood
      • Doors: Sliding Glass Doors
      • Windows: Skylight(s), Impact Rstnce Window, Aluminum Frames
      Interior area
      • Total interior livable area: 1,452 sqft

      Property

      Accessibility
      • Accessibility features: No
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Roof Top Deck
      • Fencing: Fenced
      • Water view: None
      • Waterfront features: None, Dock Length: 0, Dockage: None
      Lot
      • Size: 3,049.2 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Shed(s)
      • Parcel number: 00033870000000
      • Zoning: HMDR
      • Zoning description: Historic Medium Density Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Frame
      • Roof: Metal
      Condition
      • Year built: 1943

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Features: Other, Bike Paths
      • Security: Smoke Detector(s), No Security
      • Subdivision: Old Town - Unlisted (1.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $723/sqft
      • Tax assessed value: $1,007,782
      • Annual tax amount: $7,823
      • Date on market: 2/21/2026
      • Listing terms: Seller Finance Psble,Cash,FHA,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/19/2026Price change$1,050,000-4.5%$723/sqft
        Source: FLKMLS #618760 Report a problem
        2/21/2026Listed for sale$1,100,000-4.3%$758/sqft
        Source: FLKMLS #618760 Report a problem
        1/6/2026Listing removed$1,150,000$792/sqft
        Source: Key West AOR #617248 Report a problem
        11/8/2025Listed for sale$1,150,000+253.8%$792/sqft
        Source: FLKMLS #617248 Report a problem
        9/19/2011Sold$325,000$224/sqft
        Source: FLKMLS #113873 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$7,824 +7%$705,723 +10%
        2024$7,314 +11.8%$641,566 +10%
        2023$6,540 +8.7%$583,242 +10%
        2022$6,014 +18.5%$530,220 +10%
        2021$5,077 -2.2%$482,018 -3.2%
        2020$5,191 $497,799 -0.6%
        2019$5,191 -1.1%$500,789 +8.2%
        2018$5,251 +5.3%$462,627 -0.6%
        2017$4,989 +1.5%$465,479 -19.2%
        2016$4,915 -7.1%$576,234 +16.9%
        2015$5,289 $492,813

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,825/mo
        Principal & interest
        $5108
        Property taxes
        $717
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          Climate risks

          Neighborhood: White Street Gallery District

          Getting around

          87 / 100
          Very Walkable
          27 / 100
          Some Transit
          97 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

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