NOT LISTED FOR SALE

11901 Rye Key Dr Cedar Key, FL 32625

Estimated Value: $631,000 - $919,000

4 Beds
3 Baths
2,586 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $750,000 $290 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,504/month

207 Days on Market

Highlights

  • Boathouse
  • Property fronts gulf or ocean
  • Wooded Lot
  • Floating Dock
  • Open Floorplan
  • 2-minute walk to Cedar Key Museum State Park

About This Home

As of February 2023

This water front island home has it all! With four bedrooms and three baths, you have room for lots of company! The open floor plan home has tons of windows for admiring the Gulf waters, plenty of covered porches for relaxing and watching the salt water wildlife--even room for outdoor dining, high above the water's edge! With granite countertops, upscale stainless appliances, a wet bar, fireplace, central vacuum system, and a lift--you can't ask for more! Outside, enjoy a circular drive, (2 & 2/3 lots!) stow your vehicles and water toys in the two-car detached garage, have a barbecue on the under-house slab, and take advantage of Gulf access with your own boat dock. The expansive Great Room with beautiful water views will be a terrific spot for entertaining friends and family. On three lots in Rye Key--Cedar Key's only gated subdivision--you will be surrounded by plenty of nature's bounty. Watch Osprey, Bald Eagles, and Dolphins at play. Golf cart to downtown in just minutes!

Last Agent to Sell the Property

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 07/02/2022

Last Buyer's Agent

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 07/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,477

Year Built

  • Built in 1992

Lot Details

  • 0.71 Acre Lot
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Oversized Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot
  • Additional Parcels

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,586 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Raised Hearth
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Tinted Windows
  • Blinds
  • Sliding Doors
  • Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Closets
  • Linen Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Boathouse
  • Floating Dock
  • Balcony
  • Porch

Location

  • In Flood Plain

Utilities

  • Cooling Available
  • Heating Available
  • Liquid Propane Gas Water Heater
  • Internet Available
  • Satellite Dish

Community Details

  • Rye Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1653100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,477

Year Built

Built in 1992

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Road Frontage Type: Private Road, Maintained
  • Road Surface Type: Limerock
  • Inclusions: Personal Items Are Not Included
  • Subdivision Name: Rye Key
  • Directions: From SR24 in Cedar Key, turn onto Whiddon Avenue, and follow past the school to Gulf Boulevard. Turn right onto Gulf, and follow to Hodges Avenue. Turn left onto Hodges, and follow to SW 165th Avenue--and turn right. Follow to the gate of Rye Key, and through the gate, the home is the first on the right. Look for the CEDAR KEY REALTY, INC. signs.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 1992
  • Attribution Contact: 3525439899
  • NAV10_StudioYN: No
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator, Garbage Disposal, Wine Refrigerator/Cooler, Bar Fridge, Microwave, Gas Range, Dishwasher, Washer/Dryer Stacked, Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Raised Hearth, Insert
  • Fireplace: Yes
  • Flooring: Hardwood, Ceramic/Porcelain
  • Interior Amenities: Cathedral Ceiling(s), Wood Cabinets, Ceiling Fan(s), Decorative Lights, Granite Counters, Pantry, Bookcases, Breakfast Bar, Fireplace, Wet Bar, Open Floorplan, Central Vacuum
  • Living Area: 2586
  • Window Features: Tinted Windows, Double Pane Windows, Blinds
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Features: 1 Master Suite, Dual Closets
  • Master Bathroom Features: Bidet, Jack & Jill Bath, Shower Only, Vanity, Combo Tub & Shower, Linen Closet, Dual Sinks

Exterior Features

  • Fencing: None
  • Lot Features: Oversize, Irregular Lot, Multiple Lots, Partially Landscaped, Wooded, Flood Plain
  • Topography: Level
  • View: Gulf View
  • View: Yes
  • Waterfront Features: Floating Dock, Canal Front, Gulf Canal
  • Waterfront: Yes
  • Construction Type: Frame, Synthetic Stucco
  • Exterior Features: Balcony, Slab, Dock
  • Foundation Details: Coastal, Raised
  • Other Structures: Boat House
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Detached Garage, Limerock, Private, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s)
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop, Electricity Connected
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Internet, Satellite
  • Water Source: Metered, Public
  • Gas Company: LP-Bottle Gas

Condo/Co-op/Association

  • Association Fee: 667.5
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 30927.6
  • Additional Parcels: Yes
  • Parcel #: 1653100000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11477
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Feb 28, 2023
Sold by
Hock Ray T and Hock Lori D
Bought by
John P Mark 2008 Irrevocable Trust
Seller's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
Buyer's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Views
35
Current Estimated Value
$800,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,390
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Dec 15, 2020
Closed on
Feb 16, 2021
Sold by
Dummitt William Eugene
Bought by
Hock Ray T and Hock Lori D
Seller's Agent
Caryn Stephenson
Pelican Realty
Buyer's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 14, 2014
Sold by
Stone Mary M and Mary M Stone Rye Key Living Tr
Bought by
Dummitt William Eugene
Seller's Agent
Caryn Stephenson
Pelican Realty
Buyer's Agent
Caryn Stephenson
Pelican Realty
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
John P Mark 2008 Irrevocable Trust $750,000 Action Title
John P Mark 2008 Irrevocable Trust $750,000 Action Title
Hock Ray T $665,000 Attorney
Dummitt William Eugene $390,000 Attorney
Stone Mary M -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $750,000 -5.7% $290 / Sq Ft
02/19/2023 02/19/23 Off Market $795,000 -- --
01/26/2023 01/26/23 Pending -- -- --
07/02/2022 07/02/22 For Sale $795,000 +19.5% $307 / Sq Ft
02/23/2021 02/23/21 Sold $665,000 -4.9% $257 / Sq Ft View Prior Sale
01/24/2021 01/24/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $699,000 +79.2% $270 / Sq Ft
03/14/2014 03/14/14 Sold $390,000 -2.3% $151 / Sq Ft View Prior Sale
02/12/2014 02/12/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $399,000 -- $154 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $15,204 $672,905 $125,000 $547,905
2024 $15,204 $727,405 $125,000 $602,405
2023 $13,214 $644,099 $0 $0
2022 $12,618 $625,339 $0 $0
2021 $11,477 $529,132 $125,000 $404,132
2020 $7,087 $363,016 $0 $0
2019 $6,989 $354,854 $0 $0
2018 $7,037 $348,237 $0 $0
2017 $6,828 $341,074 $0 $0
2016 $6,956 $341,074 $0 $0
2015 $7,688 $336,828 $0 $0
2014 -- $325,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Edmunds

    Seller's Agent in 2023

    Vanessa Edmunds

    Cedar Key Realty, Inc.

    (352) 210-1155

    155 Total Sales

    Vanessa Edmunds
    Section Image
  • Caryn Stephenson

    Seller's Agent in 2021

    Caryn Stephenson

    Pelican Realty

    (352) 228-0420

    66 Total Sales

    Caryn Stephenson
    Section Image
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 784799

APN: 16531-000-00

Florida Levy County Cedar Key 32625

11901 Rye Key Dr, Cedar Key, FL

Not Listed for Sale

Detached

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