$379,000
$21K PRICE DROP

850 3rd St Unit 5 Cedar Key, FL 32625

Estimated payment $2,772/month

Total Views 18,176
3 Beds
2 Baths
1,120 Sq Ft
$338 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Cathedral Ceiling
  • Corner Lot
  • Deck
  • Main Floor Primary Bedroom
  • Porch

About This Home

Discover your dream waterfront living with this beautiful 2-bedroom, 2-bathroom condo, perfectly situated across the street from the serene Gulf waters. Imagine starting your day by launching your kayak from the beach across the street and ending it with breathtaking sunsets, all from the comfort of your new home. Key Features: **Prime Location** Directly across the street from the water, with convenient access for launching your kayaks and enjoying various water activities. **Breathtaking Views** Enjoy unobstructed water views from the living room or your wrap around porch, perfect for watching the sunset. **Spacious Living** A well laid out floor plan with 1,120 sq. ft. of living space, providing ample room for relaxation and entertainment. **Modern Amenities** Recently updated with New "Architecture" shingles on the roof, New Washer and Dryer, New garage door, New 200A electrical panel, Garbage Disposal. A GREE ductless AC was installed 3 yrs ago. Extra Large Garage for parking your Golf Cart and water toys. **Comfortable Bedrooms** Two generously sized bedrooms, with extra large closets.**Private Balcony** A large wrap around balcony ideal for sipping morning coffee or evening cocktails while soaking in the stunning views and spectacular Sunsets Step into this charming condo and be greeted by a light-filled living area that seamlessly flows into the kitchen. Walk up the stairs into an open space ideal for a home office or cozy reading nook. The highlight of this property is undoubtedly its location. Directly across the street from the water, you can easily launch your kayak for a morning paddle or enjoy a relaxing walk downtown for a morning coffee or evening dinner. The large private balcony is the perfect spot to unwind and watch the sun dip below the horizon, painting the sky in hues of orange and pink. Don't miss out on the opportunity to own this slice of paradise.

Listing Agent

Angie Beckham

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #SL3430097 Listed on: 06/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1981

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Level Lot

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Pass Thru Counter
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • In Flood Plain

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1728100000

Community Details

Overview

  • Tres Palmas Condos Subdivision

Recreation

  • Gulf Boat Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,258

Year Built

Built in 1981

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Tres Palmas Condos
  • Directions: From SR24 turn right on 3rd Street and follow it until it ends at the water. The condo is on the corner of 3rd and G Street on your left. Unit #5 is the first Unit. Look for the CEDAR KEY REALTY, INC sign.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built: 1981
  • Attribution Contact: 3525439899
  • NAV10_StudioYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Microwave Hood, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: High Ceilings, Cathedral Ceiling(s), Breakfast Bar, Ceiling Fan(s), Pass thru Counter
  • Living Area: 1120
  • Window Features: Blinds, Window Treatments
  • Master Bedroom Master Bedroom Level: Main
  • Master Bathroom Features: Combo Tub & Shower, Shower Only

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Partially Landscaped, Flood Plain
  • Topography: Level
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Other, Gulf Access, Gulf Front
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached, Gravel
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: W/D Hookups
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Utilities: Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 1728100000

Tax Info

  • Tax Annual Amount: 2258.08
  • Tax Year: 2024

Map

Range of Values:

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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 $2,893 $185,764 -- --
2023 $2,578 $180,353 $0 $0
2022 $2,695 $175,100 $0 $0
2021 $2,380 $170,000 $1 $169,999
2020 $3,775 $170,000 $0 $0
2019 $3,800 $170,000 $0 $0
2018 $3,600 $156,250 $0 $0
2017 $3,633 $156,250 $0 $0
2016 $3,708 $156,250 $0 $0
2015 $3,644 $156,250 $0 $0
2014 $3,675 $156,250 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2025 07/22/25 Price Changed $379,000 -4.0% $338 / Sq Ft
06/26/2025 06/26/25 Price Changed $394,900 -1.3% $353 / Sq Ft
06/03/2025 06/03/25 For Sale $399,900 +95.1% $357 / Sq Ft
04/30/2020 04/30/20 Sold $205,000 -14.2% $183 / Sq Ft View Prior Sale
03/31/2020 03/31/20 Pending -- -- --
08/12/2019 08/12/19 For Sale $239,000 -- $213 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Norm D Fugate Pa
Warranty Deed $205,000 Attorney
Warranty Deed $205,000 None Listed On Document
Warranty Deed $205,000 None Listed On Document
Warranty Deed $225,000 Levy Abstract & Title Compan
Warranty Deed $222,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,000 New Conventional
Source: Public Records

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 795043

APN: 17281-000-00