
490 2nd St Cedar Key, FL 32625
Estimated payment $3,737/month
Highlights
- Gulf View
- Cracker Architecture
- Double Pane Windows
- Corner Lot
- Porch
- 4-minute walk to Lil Shark Park
About This Home
This is a rare opportunity to own a property in the HEART of historic Cedar Key, Florida! This historic structure, previously a private home, has been utilized as the Cedar Key City Hall for a number of years. Hurricane flooding and resulting damages spurred the City to move offices to an owned building on high ground, in order to forego repairs and to provide municipal services without interruption. The decision has been made to remain in the new building, so the Old City Hall building is up for grabs! You cannot ask for a better location for a townie home, a business, or a vacation rental. With a future land use designation of Mixed Use, you could both have a business here, AND live here! The building has been stripped to dry and prevent mold, and the floor has been removed. The rooftop solar array is still in place. Three entrances make multiple use easy to accommodate.
Listing Agent
Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 04/21/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 6,534 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
- Zero Lot Line
- Additional Parcels
- Historic Home
Parking
- Open Parking
Home Design
- Cracker Architecture
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 2,880 Sq Ft Home
- Double Pane Windows
- Gulf Views
- Crawl Space
- No Kitchen Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Wheelchair Access
- Handicap Accessible
Outdoor Features
- Exterior Lighting
- Porch
Utilities
- Cooling Available
- Heating Available
- Cable TV Available
Additional Features
- Energy-Efficient Insulation
- Separate Entry Quarters
- In Flood Plain
Community Details
- Cedar Key Subdivision
Listing and Financial Details
- Assessor Parcel Number 0850800000
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | -- | $1,425,576 | $750,000 | $675,576 |
2023 | -- | $1,500,632 | $750,000 | $750,632 |
2022 | $0 | $1,453,035 | $750,000 | $703,035 |
2021 | $0 | $1,451,806 | $750,000 | $701,806 |
2020 | $30,763 | $1,444,225 | $0 | $0 |
2019 | $31,274 | $1,444,225 | $0 | $0 |
2018 | $0 | $982,523 | $0 | $0 |
2017 | $0 | $982,523 | $0 | $0 |
2016 | $0 | $982,523 | $0 | $0 |
2015 | -- | $989,310 | $0 | $0 |
2014 | -- | $982,219 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/21/2025 04/21/25 | For Sale | $595,000 | -- | $207 / Sq Ft |
About the Listing Agent

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
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Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 794738
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