$595,000

490 2nd St Cedar Key, FL 32625

Estimated payment $3,737/month

Total Views 32,218
3 Beds
2 Baths
2,880 Sq Ft
$207 Price per Sq Ft

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

Vanessa Edmunds

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

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: appro x . 62.5' x 100'
  • Road Frontage Type: City Street, Maintained
  • Road Surface Type: Paved
  • Subdivision Name: Cedar Key
  • Directions: From SR24 in Cedar Key, turn left (east) onto 2nd Street. Go one block, and the property is on the right, on the corner of the next block. Look for the CEDAR KEY REALTY, INC. sign.
  • Architectural Style: Cracker
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Insulation
  • Structure Type: Designated Historic
  • Year Built: 1930
  • Attribution Contact: 3525439899
  • NAV10_StudioYN: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Accessibility Features: Handicap Access/Ramped, Wheelchair Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: None
  • Interior Amenities: None
  • Living Area: 2880
  • Window Features: Double Pane Windows
  • Master Bedroom Features: Other
  • Master Bathroom Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Multiple Lots, Zero Lot Line, Landscaped, Flood Plain
  • Topography: Level
  • View: Gulf View
  • View: Yes
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gutters/Downspouts, Lighting
  • Foundation Details: Crawl Space
  • Other Structures: Separate Entrance Apt
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Missing
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Utilities: Cable Available, Solar Panels-Owned
  • Water Source: Metered, Public

Condo/Co-op/Association

  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 6534
  • Additional Parcels: Yes
  • Parcel #: 0850800000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $595,000 -- $207 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

About the Listing Agent

Vanessa Edmunds

Cedar Key Realty, Inc.

(352) 781-2847

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

Vanessa's Other Listings

  • 549 1st St, Cedar Key, FL 32625

    $479,000

    • 2 Beds
    • 2 Baths
    • 1,240 Sq Ft
    • 549 1st St
    • Cedar Key, FL

    Wow!! Looking for a terrific vacation rental investment? This two-unit home in downtown historic Cedar Key, Florida, is for you! With a bedroom, bath and kitchenette on each floor, you can rent this property as one unit for four people, or as two double units, separately. This home is elevated for flood safety--but wow--the elevation really extends the water view! Perched just steps from

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 652 1st St, Cedar Key, FL 32625

    $675,000

    • 2 Beds
    • 2 Baths
    • 1,242 Sq Ft
    • 652 1st St
    • Cedar Key, FL

    This fabulous historic gem in Cedar Key, Florida--sitting at the water's edge--has an incredible view of the open Gulf of Mexico and the surrounding uninhabited islands! With its open floor plan, plenty of porches, and fabulous Gulf-side back yard, opportunities for entertaining are abundant! With two bedrooms and two full baths, this is a great home for tropical getaways, or for full-time

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 660 1st St, Cedar Key, FL 32625

    $899,000

    • 3 Beds
    • 3.5 Baths
    • 1,560 Sq Ft
    • 660 1st St
    • Cedar Key, FL

    Be ready to be wowed by the EXPANSIVE OPEN GULF VIEW from this elevated home at the edge of the Gulf of Mexico in Cedar Key, Florida! Nestled at the water's edge, and in the coveted Historic District of downtown, you will be just steps from delicious seafood restaurants, bustling shops and music-filled bars. This three-bedroom open floor plan home is perfect for entertaining, with room for

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 193 2nd St, Cedar Key, FL 32625

    $175,000

    • Land
    • 0.31 Acre
    • $564,516 per Acre
    • 193 2nd St
    • Cedar Key, FL

    These three pieces of prime island water view land are nestled right in downtown historic Cedar Key, Florida! Across the street from City Park, with its beach, playground, picnic pavilions and sports courts, this spot is unmatched for downtown activity access! Build your elevated home here, and you can even add an accessory dwelling for extended family. Just steps from the dock, public pier,

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 841 2nd St, Cedar Key, FL 32625

    $429,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 841 2nd St
    • Cedar Key, FL

    MOTIVATED SELLER, TERRIFIC HOME, AND FABULOUS LOCATION! What a spectacular view of the sparkling Gulf of Mexico from this elevated downtown island home! You will have incredible views from both stories of this beautiful home, with covered porches on two levels. On the highest level, the open floor plan allows views from the kitchen/dining area, through the living area, with lots of glass

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 52 2nd St Unit A-4, Cedar Key, FL 32625

    $395,000

    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft
    • 52 2nd St
    • Unit A-4
    • Cedar Key, FL

    Here's a great opportunity to own an open Gulf water front townhouse condo in historic Cedar Key, Florida! Perched at the point of a private road, surrounded by the sweet sounds of lapping saltwater, this two-bedroom, one-bath condo is ready to be your perfect landing spot for rest and relaxation. In a building with only seven units, there's no large group of homeowners to manage. And with

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 52 2nd St Unit 7, Cedar Key, FL 32625

    $445,000

    • 2 Beds
    • 1.5 Baths
    • 1,080 Sq Ft
    • 52 2nd St
    • Unit 7
    • Cedar Key, FL

    Here's a great opportunity to own an open Gulf water front townhouse condo in historic Cedar Key, Florida! Perched at the point of a private road, surrounded by the sweet sounds of lapping saltwater, this two bedroom, 1.5 bath condo is ready to be your perfect landing spot for rest and relaxation. This end unit is in a building with only six more, so there's no large group of homeowners to

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 82 2nd St Unit 314, Cedar Key, FL 32625

    $149,000

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft
    • 82 2nd St
    • Unit 314
    • Cedar Key, FL

    Check out this beautiful loft bedroom condominium at Cedar Cove in historic Cedar Key, Florida! What a deal for a water front condo, fully furnished and ready for vacation rental! Just steps from downtown island food, drinks and fun, you'll be right next door to City Park, with its beach, playground, basketball and pickle ball courts and picnic pavilions! Take a stroll to the coffee shop,

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image
  • 11 Old Mill Dr Unit 7F, Cedar Key, FL 32625

    $319,900

    • 2 Beds
    • 2 Baths
    • 1,038 Sq Ft
    • 11 Old Mill Dr
    • Unit 7F
    • Cedar Key, FL

    What a GREAT price on a two-bedroom two-bath Gulf of Mexico front condo! Enjoy an amazing view from this nice top-floor unit, in historic Cedar Key, Florida! The open floor plan unit has loads of windows overlooking the saltwater and lots of wildlife activity. Sit on the covered waterside porch, sip your favorite beverage, and watch the dolphins at play, and the white pelicans and the roseate

    Vanessa Edmunds Cedar Key Realty, Inc.

    Section Image

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 794738

APN: 08508-000-00