Melinda Allen
Pelican Realty
(352) 224-9455
58 Total Sales
55 in Cedar Key
$19K - $900K Price Range
640 6th St Cedar Key, FL 32625
Cedar Key Area
8
Beds
6
Baths
3,735
Sq Ft
6,098
Sq Ft Lot
Highlights
- Deck
- Balcony
- Double Pane Windows
- Wood Flooring
- Porch
- Separate Entry Quarters
About This Home
As of December 2021Want to live on an island and own your own business, too? Here's your chance! This historic building, completely renovated in 2013-14, with six rental units is the answer for you! Sitting on high ground in historic Cedar Key, Florida, this apartment building is currently chock full with tenants in long-term rental agreements! All units pay their own utilities, and current annual income from the six leases is $59,400, with an approximate net income of $49,000 after all expenses. Located right downtown, this building's extensive renovations included a new 26-gauge metal roof, plumbing, electrical, central heat and air, interior finishes, floor coverings, cabinetry and appliances. Six rental units include: One--2-Bed, 2 Bath; Two--2-Bed, 1 Bath; Two--1-Bed, 1 Bath; One—Studio. Choose yours, collect rent on five others, and spend your days playing on the Gulf of Mexico! Take a look right away—you're not the only one who wants an easy island life!
Last Agent to Sell the Property
Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #SL3430097 Listed on: 05/19/2021
Last Buyer's Agent
Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #SL3430097 Listed on: 05/19/2021
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,190
Year Built
- Built in 1930
Lot Details
- 6,098 Sq Ft Lot
- Landscaped
- Native Plants
- Rectangular Lot
- Level Lot
Parking
- Open Parking
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3,735 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Wood Flooring
- Crawl Space
- Sink Near Laundry
Kitchen
- Electric Cooktop
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Full Bathrooms
Outdoor Features
- Balcony
- Deck
- Porch
Additional Homes
- Separate Entry Quarters
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- Cedar Key Subdivision
Listing and Financial Details
- Assessor Parcel Number 0865400000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Angie Beckham
Cedar Key Realty, Inc.
Buyer's Agent
Angie Beckham
Cedar Key Realty, Inc.
List Price
$585,000
Sold Price
$585,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 31, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
3.96%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cedar Key, FL
-
Melinda Allen
-
Robert Turnipseed
Robert Turnipseed
Hometown Realty of North Fl. Inc.
(352) 614-0442
56 Total Sales
1 in Cedar Key
$225,000 Price
-
Tammy Bryan
Tammy Bryan
Compass Realty of North Florida
(352) 646-3592
103 Total Sales
3 in Cedar Key
$5K - $185K Price Range
-
Joy Glanzer
Joy Glanzer
GLANZER REALTY, LLC
(352) 900-3059
73 Total Sales
1 in Cedar Key
$30,000 Price
-
Irma M Ruiz
Irma M Ruiz
Responds QuicklyFUTURE HOME REALTY INC
(813) 798-5068
49 Total Sales
1 in Cedar Key
$11,500 Price
-
Hope Harvey Webb
Hope Harvey Webb
The American Dream
(850) 918-8595
301 Total Sales
1 in Cedar Key
$195,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $585,000 | Levy Abstract & Title | ||
| $28,000 | Levy Abstract & Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $409,500 | ||
| Previous Owner | $18,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $585,000 | 0.0% | $157 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $585,000 | -- | $157 / Sq Ft |
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,630 | $629,861 | $107,800 | $522,061 |
| 2024 | $13,703 | $670,252 | $107,800 | $562,452 |
| 2023 | $13,322 | $606,454 | $0 | $0 |
| 2022 | $11,713 | $551,322 | $107,800 | $443,522 |
| 2021 | $7,135 | $444,698 | $134,750 | $309,948 |
| 2020 | $6,447 | $385,742 | $0 | $0 |
| 2019 | $5,982 | $356,292 | $0 | $0 |
| 2018 | $5,695 | $336,692 | $0 | $0 |
| 2017 | $5,141 | $304,748 | $0 | $0 |
| 2016 | $4,912 | $293,454 | $0 | $0 |
| 2015 | $4,606 | $287,933 | $0 | $0 |
| 2014 | $3,366 | $142,579 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Angie Beckham
A
Seller's Agent in 2021
Angie Beckham
Cedar Key Realty, Inc.
(904) 206-1257
79 Total Sales
Map
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 782070
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