721 Georgia Street $825,000

    Close

    721 Georgia Street Key West, FL 33040

    • 2 Beds
    • 2 Baths
    • 1,320 sq. ft.
    • Multi-Family
    • MLS# 590857
    Favorite Share
    Views: 5 Days On Site: 248

    Go Tour This Home

    Schedule A Showing

    Property Details

    Great investment opportunity! Updated duplex in the delightful Meadows neighborhood, just minutes from some of Key West best restaurants, the Historic Seaport, art galleries, museums and Duval Street. Each unit is 1 BD/1 BA that is in good rentable condition. Rent the entire property and collect rental income or live in one unit and rent out the other to offset the mortgage or expenses all while enjoying your time in paradise. The 2nd floor unit has all tile flooring with a recently updated bathroom, Corian counter tops and a balcony off the rear of the unit. 1st floor unit has beautiful hardwood floors with French doors opening to a private outdoor deck perfect for entertaining guests. Both units feature hurricane rated impact windows & the exterior was recently painted.

    • General Features
      • Square Footage 1,320
      • Style Duplex
      • As Is Right to Inspect Yes
      • Fee Includes None
      • Pets Pets Allowed
      • Potential Short Sale No
      • Bank Owned No
      • Subdivision Waddells Subdivision (2.0)
      • Rentals Allowed Yes
      • Taxes $4,842
      • Tax Exemptions None
      • Tax Year 2019
      • Deed Restrictions Unknown
    • Building Features
      • Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Building Style Other Bldg Style
      • Construction Frame
      • Cooling Heating Ceiling Fans, Window/Wall Unit
      • Floor Tile Floor, Wood Floor
      • Furnished Unfurnished
      • Interior Features Built-in Cabinets, Storage
      • Porch/Balcony Open Porch/Balcony
      • Roof Metal Roof
      • Windows/Doors Aluminum Windows, French Doors, Impact Rstnce Doors, Impact Rstnce Window
    • Property Features
      • Exterior Features Privacy Wall/Fence, Storage
      • Pool No
      • Pre-Wired Cable
      • Dockage None
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Buyer to Verify, FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes

    Contact

    Neighborhood

    33040 (Key West) Demographics

    41 Median Age
    1,911 Population Density (per sq. mile)
    39% College Educated
    $58,351 Estimated Median Income
    5,548 Estimated Total Home Owners
    7,072 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    35,357 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $694,000 Median Sales Price
    66 Homes Sold
    92 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $825,000
        12/10/2020 12:23:33 PM Price Reduced Source New Value: $825,000 -1.2%
        11/25/2020 11:23:33 AM Price Reduced Source New Value: $835,000 -1.07%
        5/13/2020 12:24:00 PM New in Database Source New Value: $844,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2021 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.