NOT LISTED FOR SALE

52 2nd St Unit A-2 Cedar Key, FL 32625

Estimated Value: $336,167 - $422,000

2 Beds
1 Bath
1,080 Sq Ft
$218/mo HOA Fee

Last Sold March 24, 2023

Last sale price $365,000 $338 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,718/month

62 Days on Market

Highlights

  • Docks
  • Open Floorplan
  • Traditional Architecture
  • Home fronts a seawall
  • Deck
  • 3-minute walk to Lil Shark Park

About This Home

As of March 2023

This beautiful two bedroom condo is the perfect island getaway! And with association rules that allow for full time occupancy by the owner, you have the choice of making this your new year-round home, or an income-producing vacation rental. Enjoy waterfront views and salt air from the two balconies that overlook the sparkling Gulf of Mexico -- watch the seagulls, pelicans and dolphins while you have your morning coffee! This condo offers an open floor plan great room on the main floor, perfect for gatherings both large and small. Upstairs, you'll find the two bedrooms, with a bathroom in between, as well as a hallway linen closet. There's also a laundry/utility room on the ground floor of the unit across from the front door.

Last Agent to Sell the Property

Lindsay Tyson

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #SL3521011 Listed on: 12/19/2022

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1980

Lot Details

  • Home fronts a seawall
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Street terminates at a dead end

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Sliding Windows
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom
  • Single Vanity
  • Shower Only
  • Walk-in Shower
  • Built-In Shower Bench

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Home Security

Parking

  • Tuck Under Parking
  • Shared Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Docks
  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Grab Bar In Bathroom
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 1704400000

Community Details

Overview

  • Cedar Cove Townhouse Subdivision

Recreation

  • Gulf Boat Access

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,819

Year Built

Built in 1980

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: All Appliances On Site. Fully Furnished As Shown.
  • Subdivision Name: Cedar Cove Townhouse
  • Directions: From SR 24 in Cedar Key, turn left onto 2nd Street. Continue all the way to the end of the street and follow driveway that goes to the right behind Cedar Cove Hotel. Unit A-2 is second condo on the left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 1980
  • Attribution Contact: 3525439899
  • NAV10_StudioYN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Dryer - Electric, Microwave, Electric Range, Range Hood, Refrigerator, Washer/Dryer Stacked, Washer - Top Load, Electric Water Heater
  • Accessibility Features: Grab Bars-Shower/Bath
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Laminate Counters, Open Floorplan, Wood Cabinets
  • Living Area: 1080
  • Window Features: Storm Window(s), Sliding Windows, Window Treatments
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bathroom Features: Built in Shower Bench, Shower Only, Vanity, Walk-in Shower

Exterior Features

  • Fencing: None
  • Lot Features: One Way - Dead End, Typical, Flood Plain
  • Pool Features: None
  • Topography: Level
  • Waterfront Features: Seawall, Gulf Access, Gulf Front, Gulf of Mexico
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Balcony, Dock
  • Foundation Details: Coastal, Raised
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Under House, Concrete, Shared Driveway

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop, Electricity Connected
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 655
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 1704400000

Tax Info

  • Tax Annual Amount: 3819.33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Mar 24, 2023
Sold by
White Pelican Landing Llc
Bought by
Mayo Thomas Michael and Mayo Jane Ann
Seller's Agent
Lindsay Tyson
Cedar Key Realty, Inc.
Buyer's Agent
Non Member
Non-Member
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Views
281
Current Estimated Value
$374,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,292
Avg. Annual Appreciation
0.99%
Original Mortgage
$292,000
Outstanding Balance
$283,426
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$90,866

Purchase Details

Listed on
Sep 17, 2021
Closed on
Feb 1, 2022
Sold by
Magrisso and Phoebe
Bought by
White Pelican Landing Llc
Seller's Agent
Nickie Rucker
A. Nickies Homes
Buyer's Agent
Lindsay Tyson
Cedar Key Realty, Inc.
List Price
$349,900
Sold Price
$304,000
Premium/Discount to List
-$45,900
-13.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Big Slick Investors Llc
Bought by
Magrisso Nelson and Magrisso Phoebe

Purchase Details

Closed on
Aug 6, 2009
Sold by
Cedar Cove Townhouse Condominium Associa
Bought by
Big Slick Investors Llc

Purchase Details

Closed on
May 1, 2009
Sold by
Marshall Marjorie F
Bought by
Cedar Cove Townhouse Condominium Associa
Source: Public Records

Range of Values:

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Average Value
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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
Mayo Thomas Michael $365,000 Action Title
Mayo Thomas Michael $365,000 Action Title
White Pelican Landing Llc $304,000 Land Title
Magrisso Nelson $172,500 Levy Abstract & Title Co
Big Slick Investors Llc $100,000 First American Title Ins Co
Cedar Cove Townhouse Condominium Associa -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Thomas Michael $292,000
Closed Mayo Thomas Michael $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2023 04/02/23 Off Market $379,000 -- --
03/24/2023 03/24/23 Sold $365,000 -3.7% $338 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $379,000 0.0% $351 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $379,000 +24.7% $351 / Sq Ft
02/01/2022 02/01/22 Sold $304,000 -13.1% $281 / Sq Ft View Prior Sale
01/02/2022 01/02/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $349,900 -- $324 / 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
2024 $6,187 $300,000 $1 $299,999
2023 $6,483 $300,000 $1 $299,999
2022 $3,937 $225,000 $1 $224,999
2021 $3,470 $168,999 $1 $168,998
2020 $3,093 $137,999 $0 $0
2019 $3,107 $137,999 $0 $0
2018 $3,193 $137,999 $0 $0
2017 $2,912 $124,199 $0 $0
2016 $3,292 $137,999 $0 $0
2015 $3,235 $137,999 $0 $0
2014 -- $137,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Tyson

    Seller's Agent in 2023

    Lindsay Tyson

    Cedar Key Realty, Inc.

    (352) 210-2606

    18 Total Sales

    Lindsay Tyson
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non-Member

  • Nickie Rucker

    Seller's Agent in 2022

    Nickie Rucker

    A. Nickies Homes

    (352) 477-0007

    35 Total Sales

    Nickie Rucker
    Section Image
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 785705

APN: 17044-000-00

Florida Levy County Cedar Key 32625

52 2nd St Unit A-2, Cedar Key, FL

This home is located at 52 2nd St Unit A-2, Cedar Key, FL 32625 since 19 December 2022 and is currently estimated at $374,292, approximately $346 per square foot. This property was built in 1980. 52 2nd St Unit A-2 is a home located in Levy County with nearby schools including Cedar Key High School.

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