1018 Georgia St Key West, FL 33040
Old Town NeighborhoodEstimated payment $6,660/month
Highlights
- Wood Flooring
- Impact Glass
- Bike Trail
- No HOA
- Ceiling Fan
- 2-minute walk to Higgs Beach Dog Park
About This Home
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 November 29 onwards. Updates photos and floorplan to follow ASAP.
Co-Listing Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,314
Year Built
- Built in 1943
Lot Details
- 3,042 Sq Ft Lot
Home Design
- Duplex
- Frame Construction
- Metal Roof
- HardiePlank Siding
Interior Spaces
- 1,452 Sq Ft Home
- Ceiling Fan
- Wood Flooring
- Impact Glass
Kitchen
- Range
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
Listing and Financial Details
- Assessor Parcel Number 00033870-000000
Community Details
Overview
- No Home Owners Association
- 3 Units
- Casa Gato Subdivision
Recreation
- Bike Trail
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,540 | $1,016,383 | $607,640 | $408,743 |
| 2023 | $6,540 | $835,312 | $430,443 | $404,869 |
| 2022 | $6,014 | $781,616 | $371,124 | $410,492 |
| 2021 | $5,077 | $482,018 | $308,003 | $174,015 |
| 2020 | $5,191 | $497,799 | $320,931 | $176,868 |
| 2019 | $5,251 | $500,789 | $321,068 | $179,721 |
| 2018 | $4,989 | $462,627 | $282,906 | $179,721 |
| 2017 | $4,915 | $465,479 | $0 | $0 |
| 2016 | $5,289 | $576,234 | $0 | $0 |
| 2015 | $4,901 | $492,813 | $0 | $0 |
| 2014 | $4,339 | $355,480 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $1,150,000 | -- | $792 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $325,000 | Attorney | |
| Deed | $32,500 | -- |
Source: Florida Keys Board of REALTORS®
MLS Number: 617248
APN: 00033870-000000
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