Sale closed
$660,000
409 2nd St, Cedar Key, FL 32625
2beds
2,250sqft
Single Family Residence
Built in 1901
2,613.6 Square Feet Lot
$484,500 Zestimate®
$293/sqft
$2,195 Estimated rent
Home value
$484,500
$407,000 - $567,000
$2,195/mo
Zestimate® history
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Owner options
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What's special
Don't miss the opportunity to purchase this historic house in Downtown Cedar Key! This exceptional commercial property offers a unique opportunity for savvy investors and entrepreneurs seeking a prime location with diverse income streams. Located in the heart of Cedar Key, this property boasts a versatile layout designed to maximize its potential in the downtown district. The upper level features a tastefully furnished short-term rental unit, perfect for attracting tourists and visitors looking to experience this quaint friendly town. With great amenities and a charming porch that overlooks the bustling downtown area, guests can enjoy a relaxing and picturesque stay. The upstairs space has large living area with full kitchen, 1 full bath, large stackable washer and dryer with beautiful hardwood floors. There is also lots of storage space and large windows that wrap around entire living space. Two bedrooms, one bath and two large storage attic areas occupy the upstairs area with charming seating area off of one of the bedrooms. On the ground floor, the property offers a lucrative commercial space with a current lease in place, providing a steady income stream for the new owner. The absence of flooding in recent storms and its high ground location ensure peace of mind and stability for both tenants and owners alike. Adjacent to the main building is a historic carriage house that presents additional business opportunities for creative minds. Whether it's a boutique shop, art gallery, cozy cafe, or another vacation rental, the carriage house adds a touch of historical charm and potential for additional investment income. This commercial property in historic downtown Cedar Key is a rare find that combines the best of both worlds – a profitable investment with a touch of local history and charm. Don't miss out on the chance to own a piece of Cedar Key's rich heritage and vibrant commercial scene. Contact us today to explore this exciting opportunity further!
Zillow last checked: 8 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Melinda Allen 352-222-8585,
Pelican Realty 352-543-5581,
Caryn Stephenson 352-228-0420,
Pelican Realty
Bought with:
Melinda Allen, 3464870
Pelican Realty
Caryn Stephenson, 3232198
Pelican Realty
Source: Dixie-Gilchrist Levy Counties BOR,MLS#: 790094
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Upper
Primary bathroom
- Features: Shower Only, Walk-in Shower
Heating
- Electric, Ductless
Cooling
- Electric
Appliances
- Included: Electric Cooktop, Dishwasher, Dryer - Electric, Microwave, Electric Range, Range Hood, Refrigerator, Washer/Dryer Stacked, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings
- Flooring: Hardwood, Laminate
- Windows: Double Hung Windows, Window Treatments
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Parking features: Off Street, Side/Rear Entry
Features
- Levels: Three Or More
- Patio & porch: Covered, Porch
- Exterior features: Balcony, Courtyard, Other
- Pool features: None
- Waterfront features: None
Lot
- Size: 2,613 sqft
- Dimensions: 24 x 100
- Features: Corner Lot, Rectangular Lot, Partially Landscaped, Wooded
- Topography: Sloping
Details
- Parcel number: 0857400000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cement Siding, Concrete
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & neighborhood
Location
- Region: Cedar Key
- Subdivision: Cedar Key
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2024 | Sold | $660,000-2.8%$293/sqft |
Source: | ||
| 3/5/2024 | Pending sale | $679,000$302/sqft |
Source: | ||
| 2/18/2024 | Listed for sale | $679,000+161.2%$302/sqft |
Source: | ||
| 9/17/2020 | Sold | $260,000-38.8%$116/sqft |
Source: Public Record | ||
| 6/9/2020 | Price change | $425,000-4.5%$189/sqft |
Source: Pelican Realty #780068 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,639 -4.5% | $266,052 |
| 2023 | $5,901 +6.2% | $266,052 +4.8% |
| 2022 | $5,557 -1.8% | $253,850 +17.9% |
Find assessor info on the county website
Neighborhood: 32625
Nearby schools
GreatSchools rating
- 7/10Cedar Key High SchoolGrades: PK-12Distance: 0.5 mi
- NALevy Virtual Instruction ProgramGrades: K-5Distance: 32.6 mi
- NALevy Virtual FranchiseGrades: 6-12Distance: 32.6 mi
Schools provided by the listing agent
- District: Levy
Source: Dixie-Gilchrist Levy Counties BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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