409 2nd St Cedar Key, FL 32625
Estimated payment $4,274/month
Highlights
- Very Popular Property
- Traditional Architecture
- Corner Lot
- Wooded Lot
- Wood Flooring
- 5-minute walk to Lil Shark Park
About This Home
Own a charming, versatile piece of Florida history in the heart of Downtown Cedar Key. This multi-unit commercial property offers a rare combination of immediate income and potential for utilization of a historic carriage house located on the property. The captivating dwelling located in the heart of the Historic District of Cedar key marvels with a short walk to the park, restaurants, stores and the Cedar Key waterfront. The ground floor is set as commercial income with spacious storefront and an active lease in place, providing a reliable, steady income stream from day one. The upper level with separate entrance towards the rear of the property showcases a beautifully updated 2 bedroom/2 bath residence currently optimized for the vacation rental market in place now. This "Old Florida" gem opens to beautiful wood stairs, large foyer with high ceilings drawing you into the dining room, kitchen and living area located on the main floor with a full bath showcasing a walk-in shower, as well. The space features gorgeous hardwood floors, stackable laundry, and a full kitchen with granite countertops. Large wraparound windows fill the living area with natural light, while the private porch offers guests a front-row seat to the charm of the historic downtown. The upstairs area houses two bedrooms with one bath and a small patio for the view overlooking the back water. Keep in short-term rental or live there year-around. Marvel at the historic carriage house that is adjacent to the main house. It is a standout feature, offering a blank canvas for a third revenue stream. Transform it into a boutique art gallery, a cozy caf, or an additional vacation rental unit to further maximize your return on investment. A new roof on upstairs porch, updated hot water heater and new flooring in upstairs bath with charming updated courtyard is waiting for you! This jewel of a building with income producing available immediately, easy walk to downtown shops, restaurants, park and beach is a wonderful opportunity to own a historic piece of Cedar Key!
Listing Agent
Pelican Realty Brokerage Email: 3525435581, carynd@gmail.com License #3464870 Listed on: 03/07/2026
Co-Listing Agent
Pelican Realty Brokerage Email: 3525435581, carynd@gmail.com License #3232198
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,640
Year Built
- Built in 1901
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 24 x 100
- Wood Fence
- Landscaped
- Corner Lot
- Rectangular Lot
- Sloped Lot
- Wooded Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Metal Roof
- Cement Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 2,250 Sq Ft Home
- 3-Story Property
- Furnished
- Crown Molding
- High Ceiling
- Ceiling Fan
- Double Hung Windows
Kitchen
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- 3 Full Bathrooms
- Shower Only
- Walk-in Shower
Laundry
- Laundry closet
- Stacked Electric Washer and Dryer
Parking
- Side or Rear Entrance to Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Courtyard
- Covered Patio or Porch
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Tankless Water Heater
- Internet Available
Community Details
- Cedar Key Subdivision
Listing and Financial Details
- Assessor Parcel Number 0857400000
Map
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 | $5,639 | $257,336 | $90,000 | $167,336 |
| 2024 | $5,639 | $266,052 | $90,000 | $176,052 |
| 2023 | $5,901 | $266,052 | $90,000 | $176,052 |
| 2022 | $5,557 | $253,850 | $90,000 | $163,850 |
| 2021 | $5,657 | $253,503 | $90,000 | $163,503 |
| 2020 | $5,250 | $278,211 | $0 | $0 |
| 2019 | $4,972 | $278,211 | $0 | $0 |
| 2018 | $4,193 | $177,871 | $0 | $0 |
| 2017 | $4,201 | $177,871 | $0 | $0 |
| 2016 | $4,284 | $177,871 | $0 | $0 |
| 2015 | $4,210 | $177,871 | $0 | $0 |
| 2014 | $3,787 | $157,570 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2026 03/07/26 | For Sale | $739,000 | +12.0% | $328 / Sq Ft | |
| 04/26/2024 04/26/24 | Sold | $660,000 | -2.8% | $293 / Sq Ft | View Prior Sale |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- | |
| 02/18/2024 02/18/24 | For Sale | $679,000 | -- | $302 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $660,000 | None Listed On Document | |
| Warranty Deed | $260,000 | Attorney | |
| Warranty Deed | $270,000 | Levy Abstract & Title Co | |
| Special Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $220,000 | Attorney | |
| Trustee Deed | -- | Attorney | |
| Corporate Deed | $242,500 | Levy Abstract & Title Co | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $230,000 | Commercial | |
| Previous Owner | $188,000 | Commercial |
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 798760
APN: 08574-000-00
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Ask me questions while you tour the home.