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$499,000
2 Beds ⋅ 3 Baths ⋅ 799129 MLS
Nestled in the heart of downtown Cedar Key, this stunning townhome offers the perfect blend of coastal charm and modern convenience. Whether you are looking for a lucrative income-producing rental or a peaceful year-round sanctuary, this property delivers the ultimate Gulf Coast lifestyle. The unique layout begins on the first level, which houses two generous master bedrooms, each with its own private bath. This floor is designed for ease and organization, featuring a convenient laundry closet and extensive storage with great closet space in both the hallway and bedrooms. One of the master suites opens directly onto a private porch, perfect for a quiet morning breath of salt air. Head up the interior stairs or use the separate exterior entrance to reach the expansive second level. This bright, open living space is designed for unforgettable evenings with family, featuring rich hardwood floors, a dedicated dining area, and a large kitchen with stainless steel appliances and floor to ceiling pantry cabinets. Another full bath on this level adds convenience for guests. The living room flows seamlessly onto a spacious balcony porch, the perfect spot for coffee or sun down cocktails overlooking the downtown vibe. For the outdoor enthusiast, the oversized parking area beneath the home is a rare find, providing ample space for large boats. You'll be just steps away from world-class fishing and relaxing boat runs on the Gulf. The best of Cedar Key is right at your doorstep: take a stroll or hop on a golf cart to explore local restaurants, charming shops, the library, the museum, and the nearby small beach. The county fishing pier is just steps away to throw your line for today's catch. If you crave nature, the Cedar Key National Wildlife Refuge is just 20 minutes away, offering incredible hiking and wildlife viewing in your own backyard. This exceptional property features two master suites with private baths, a convenient upstairs full bath, and beautiful hardwood floors throughout. The spacious upstairs living area and large kitchen are perfect for family gatherings, while the dual balconies offer peaceful spots for morning coffee or evening drinks. With its prime downtown location, flexible interior and exterior stair access, and expansive under-home parking for large boats, this home is a rare find—whether you choose to live here year-round or utilize it as a premier income-producing property. Come home to Key Lime Cottage and find yourself in the heart of our island community!

573 1st St, Cedar Key
$370,000
3 Beds ⋅ 3 Baths ⋅ 794916 MLS
UNEXPECTED LUXURY IN THE WOODS - perfect family retreat or full-time 3/3 home. Lots of room for vehicles and boats on big 2-acre parcel outside Otter Creek. Park below the house or enjoy cookouts and picnics on the concrete slab. Easy access ELEVATOR from ground to main floor. Inside, CEILINGS RISE HIGH over a spacious living-dining area with a well equipped kitchen any chef would love. Two sets of French doors lead to a spacious SCREENED PORCH overlooking the POND. Exotic hardwood floors add natural warmth. Crisp granite countertops add color and function. For a hint of country whimsy, try the spiral staircase with thick wood steps that leads to a LOFT BEDROOM with 2 sets of child-proof custom-built cypress bunk beds! And the loft has its own full bathroom! This HIDDEN GEM is only 20 minutes from kayaking and seafood, fresh from the Gulf, in CEDAR KEY. It's less than 20 minutes from the Super Walmart in Chiefland. Another 5-10 min takes you NW to Manatee State Park, NE to Devil's Hammock, and S to Crystal River and Goethe State Forest. Originally built as a family retreat, it became a prized vacation rental in Feb 2022.

1670 State Rd 24, Otter Crk Unit Otter Creek, Cedar Key
$284,000
2 Beds ⋅ 2 Baths ⋅ 795846 MLS
What a cute island cottage--and for less than $300,000! This downtown two-bedroom, two-bath cottage just underwent a remarkable remodel--new cabinets, new countertops, new appliances, new electric fixtures, new paint, and restoration of the original wood floors! Sitting on two lots, you will have plenty of room for your garden, or adding a new brick-paver patio, nicely shaded by the many native cedars and palms. The home faces 6th Street, and the corner lots make a terrific spot for the two-car carport in the back, off E Street. Just a few blocks stroll will get you downtown to the island's restaurants, shops, post office, bakery, coffee shops and City Park, with its playground, beach and picnic pavilions! What a great spot for retirement, for a part-time home, for vacation getaways, or for a rental investment property. Nicely restored, nicely located and nicely priced, this one is a real prize!

690 6th St, Cedar Key
$479,000
2 Beds ⋅ 2 Baths ⋅ 790344 MLS
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 popular "Dock Street" and its restaurants, bars, fishing pier, and outdoor fun, this location is perfect! Just a few steps in the other direction, and you will be at the coffee shop, smoothie joint, library, Art Center or "Main Street" art and gift shops. City Park is just 1.5 blocks away, with its beach, picnic pavilions, sports court and playground. Rent a kayak there and explore the natural surroundings the island is known for. Oh my--location, location, location! Tastefully decorated, this unit recently enjoyed a refreshing update. Continue with the current independent local vacation rental management company, and you will be set to begin cashing in on closing day. Visit as often as you like, and make rental income when you are away--the very best scenario!

549 1st St, Cedar Key
$529,000
2 Beds ⋅ 2 Baths ⋅ 796258 MLS
Downtown Cedar Key Gem with Exceptional Income Potential This unique downtown Cedar Key property offers unmatched flexibility with two completely separate living spaces, each featuring its own private entrance, full kitchen, and master suite—one on each floor. Ideal for vacation rentals, multi-generational living, or owner-occupy with income, this home adapts effortlessly to your lifestyle or investment goals. Offered fully furnished and move-in ready, the property is thoughtfully designed for comfort and convenience, allowing you to start enjoying or renting immediately. Whether used as a full-time residence, seasonal getaway, or high-demand rental, the layout provides privacy for guests while maximizing rental potential. Located in the heart of downtown Cedar Key, you're just steps from restaurants, shops, galleries, and the waterfront—everything that makes island living so desirable. A rare opportunity to own a versatile, turnkey property in one of Florida's most charming coastal communities.

557 1st St, Cedar Key