$779,000
$216K PRICE DROP

11750 Rye Key Dr Cedar Key, FL 32625

Estimated payment $4,753/month

Total Views 130,387
5.53 Acres
$140,868 Price per Acre
240,887 Sq Ft Lot

Highlights

  • Docks
  • Room in yard for a pool
  • Oversized Lot
  • Property fronts gulf or ocean
  • Wooded Lot
  • 1-minute walk to Cedar Key Museum State Park

About This Lot

If you are looking for special, take a look at this exclusive water front island property in Cedar Key, Florida! Inside the island's gated Rye Key neighborhood, this amazing lot is at the very point, almost completely surrounded by Gulf of Mexico waters! The property includes rights to the the surrounding waters--for a total of 5.53 acres--and approximately 1.2 of these acres are usable uplands! Build your dock and boathouse at the very point, and you will enjoy the ABSOLUTE BEST deep water access on the whole island! Right off the channel, this area is always nice and deep, so your water access will not be limited by tides as in other areas. With all of this upland, you will have plenty of room to build your dream home, and to create a unique, private space. There's room for a swimming pool, a garage, a large garden, a workshop, and an accessory dwelling--whatever you might want to include in your homestead--this much private island upland is a very rare luxury! Move into your new elevated home and you will enjoy gorgeous unobstructed sunrise views to the east, and exquisite unobstructed sunset views to the west. You have to see it. It just doesn't get any better than this.

Listing Agent

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 07/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,165

Lot Details

  • 5.53 Acre Lot
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Street terminates at a dead end
  • Fenced
  • Native Plants
  • Oversized Lot
  • Level Lot
  • Wooded Lot
  • Grass Covered Lot
  • Additional Parcels

HOA Fees

  • $21 Monthly HOA Fees

Location

  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 0034900100

Community Details

Overview

  • Rye Key Subdivision

Recreation

  • Room in yard for a pool
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$7,165

Lot Details

5.53 Acres

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.53
  • Road Frontage Type: Maintained, Private Road
  • Road Surface Type: Limerock
  • Water Body Name: Gulf of Mexico
  • Subdivision Name: Rye Key
  • Directions: From SR24 in Cedar Key, turn onto Whiddon Avenue, and follow it around the school. At Gulf Boulevard, turn right, and follow it pas the cemetery. At Hodges Avenue, turn left and go two blocks to SW 165th Avenue, and turn right. Past two intersections, you will be faced with the RYE KEY community gate. The land is at the end of this road, isolated on the very point of Rye Key, on the Gulf of Mexico.
  • Attribution Contact: 3525439899
  • Special Features: None

Exterior Features

  • Fencing: Mixed Type, Gate
  • Lot Features: Extends into Marsh, Multiple Lot(s), One Way - Dead End, Other, Oversize, Room for a Pool, Native Plants, Wooded, Flood Plain
  • Topography: Level
  • Waterfront Features: Gulf Front, See Remarks
  • Waterfront: Yes
  • Exterior Features: Dock

Utilities

  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Water Source: Community, Metered

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 240886.8
  • Additional Parcels: Yes
  • Parcel #: 0034900100

Tax Info

  • Tax Annual Amount: 7164.98
  • Tax Year: 2023

Map

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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
2025 $6,830 $336,820 $336,000 $820
2024 $6,830 $339,600 $336,000 $3,600
2023 $7,165 $339,600 $336,000 $3,600
2022 $7,049 $339,600 $336,000 $3,600
2021 $7,193 $339,600 $336,000 $3,600
2020 $7,221 $339,002 $0 $0
2019 $9,940 $491,141 $0 $0
2018 $10,066 $484,174 $0 $0
2017 $9,822 $474,215 $0 $0
2016 $5,384 $474,215 $0 $0
2015 $5,264 $464,021 $0 $0
2014 $5,250 $464,048 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Price Changed $779,000 -2.5% --
01/18/2025 01/18/25 Price Changed $799,000 -3.2% --
07/22/2024 07/22/24 Price Changed $825,000 -15.4% --
03/20/2024 03/20/24 Price Changed $975,000 -2.0% --
07/13/2023 07/13/23 For Sale $995,000 +53.1% --
10/20/2016 10/20/16 Sold $650,000 -- $364 / Sq Ft View Prior Sale
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

About the Listing Agent

Vanessa Edmunds
Vanessa Edmunds

Cedar Key Realty, Inc.

(352) 623-6041

Section Image

Hi, I'm Vanessa Edmunds, Florida Licensed Real Estate Broker with Cedar Key Realty, Inc., in my beautiful hometown of Cedar Key, Florida, and I’d love to help you, also, find your perfect island home here! If you are currently in the process of choosing a Cedar Key real estate agent, here are a few items that may be of interest regarding my background.


My great-great-grandparents came to Cedar Key when they were young, and loved it enough to stay for the duration. I am a

View Vanessa's Profile

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Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 786822

Florida Levy County Cedar Key 32625

11750 Rye Key Dr, Cedar Key, FL

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Vanessa Edmunds
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Cedar Key Realty, Inc.
(352) 623-6041
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