52 2nd St, Cedar Key, FL 32625

Property Description

TURNKEY WATERFRONT PARADISE ON CEDAR KEY! GULF VIEWS, SUNRISES & INCOME-PRODUCING POTENTIAL! WELCOME TO DOLPHIN WATCH! Experience the laid-back island lifestyle of Cedar Key in this beautifully remodeled and meticulously maintained 2-bedroom, 1-bath waterfront condo offering 1,080 square feet of furnished coastal living. Affectionately named Dolphin Watch. Located in an intimate community of just seven units, this property offers a peaceful, small-community atmosphere while being just a short walk from everything downtown Cedar Key has to offer. Thoughtfully designed with two levels of living space, the downstairs features both bedrooms and the full bathroom, while the upstairs opens to the living room, kitchen, and dining area. Both levels feature private balconies with expansive, unobstructed views of the open Gulf, providing incredible scenery from nearly every angle. Enjoy breathtaking sunrises over the water, watch porpoises swimming through the Gulf, mullet jumping, and pelicans diving for their daily catch. Multiple uninhabited islands are also visible from both balconies, adding to the beautiful natural surroundings. This condo has been extensively remodeled and lovingly cared for, with attention given to every detail. High-impact windows were installed approximately three years ago, offering added peace of mind while allowing plenty of natural light and beautiful Gulf views throughout both levels. The unit is being sold completely furnished, including the stackable washer and dryer, making this an ideal opportunity for someone looking for a personal island getaway or a turnkey investment property. Additional features include a private exterior laundry/utility room located behind the double doors at the rear of the building and a highly desirable designated open parking space exclusive to this unit, separate from the smaller parking spaces beneath the building. Monthly association dues are $270, with a fall insurance assessment of approximately $6,000. INVESTMENT OPPORTUNITY: This established income-producing vacation rental has developed a great following and comes with a completely transferable website! The property is also professionally managed by an established property management company, offering a convenient opportunity for an investor looking to continue generating rental income. Location is everything, and this condo puts you within easy walking distance of Cedar Key's downtown attractions, including City Park, Dock Street, the local bakery, waterfront restaurants, boutique shops, golf cart rentals, nature trails, and some of the area's best birdwatching opportunities. Whether you're looking for a beautifully furnished waterfront island getaway, a second home, or an established vacation rental to add to your investment portfolio, this property checks all the boxes. Enjoy incredible Gulf views, spectacular sunrises, abundant wildlife, and the relaxed coastal lifestyle that makes Cedar Key such a special place. Come experience your own slice of Cedar Key paradise!