11871 Rye Key Dr, Cedar Key, FL 32625
Property image
Property image
OFF MARKET

$1,427,900

Trulia Estimate
  • 5 Beds
  • 3.5 Baths
  • 6,125 sqft (on 0.35 acres)

11871 Rye Key Dr, Cedar Key, FL 32625

Est. Refi. Payment $9,485/mo*
Refinance Your Home
Currently Off Market - Sold May 24, 2024 for $1,100,000

Home Value

Trulia Estimate
$1.43M
Since last month
Decreased$9K (-0.6%)
Since last year
Decreased$162K (-10.1%)
Since last sale
Increased$333K (+30.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +146% in the last 10 years
MonthEstimated value
2026
September 2026$1.43M
August 2026$1.44M
July 2026$1.43M
June 2026$1.44M
May 2026$1.45M
April 2026$1.42M
March 2026$1.43M
February 2026$1.41M
January 2026$1.43M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16441 SW 120th Pl, Cedar Key, FL
0.14
Single-Family Home
$665,000
12/09/25
2
2
2,980
12171 SW 165th Ter, Cedar Key, FL
0.31
Single-Family Home
$330,000
03/03/26
3
2
2,776
16851 Susan St, Cedar Key, FL
0.67
Single-Family Home
$650,000
06/26/26
3
3
2,309
12071 SW 165th Ave, Cedar Key, FL
0.23
Single-Family Home
$250,000
07/28/26
3
2
2,152
16380 Hodges Ave, Cedar Key, FL
0.41
Single-Family Home
$535,000
04/02/26
3
2
1,728
16690 Anna St, Cedar Key, FL
0.53
Single-Family Home
$240,000
06/17/26
3
3
2,528
12530 Merle Ave, Cedar Key, FL
0.72
Single-Family Home
$520,000
06/24/26
4
3.5
2,160
16390 Hodges Ave, Cedar Key, FL
0.40
Single-Family Home
$375,000
12/18/25
2
2
2,616
16351 Whiddon Ave, Cedar Key, FL
0.94
Single-Family Home
$879,000
03/02/26
4
3.5
7,608
16771 Margery St, Cedar Key, FL
0.81
Single-Family Home
$449,000
03/16/26
3
2
2,688

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Rye Key Dr, Cedar Key, FL 32625
0.03
-
-
-
-
Off Market
Unit 15 Rye Key Dr, Cedar Key, FL 32625
0.02
-
-
-
-
Off Market
Rye Key Dr, Cedar Key, FL 32625
0.02
-
-
-
-
Off Market
Osprey Cir, Cedar Key, FL 32625
0.05
$269,000
-
-
-
For Sale
11750 Rye Key Dr, Cedar Key, FL 32625
0.08
$779,000
-
-
-
For Sale
Rye Key Dr, Cedar Key, FL 32625
0.07
$38,500
-
-
-
Recently Sold
16441 SW 120th Pl, Cedar Key, FL 32625
0.14
$665,000
2
2
2,980
Recently Sold
Lot 2 SW 165TH AVENUE LOT 2, Cedar Key, FL 32625
0.14
$67,500
-
-
-
For Sale
16511 SW 120th Pl, Cedar Key, FL 32625
0.14
$649,999
4
2
2,128
For Sale
16531 SW 120th Pl, Cedar Key, FL 32625
0.15
$875,000
3
2.5
1,956
For Sale
16431 SW 120th Pl, Cedar Key, FL 32625
0.16
$679,000
3
3
2,116
For Sale

Local Information

  • Map ViewExplore the area around 11871 Rye Key Dr.
  • Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2003
0.35 acre lot
6,125 sqft
$233/sqft
Open Parking
HOA $21/mo

About this House

What a spectacular rare opportunity to snag a beautiful water front home on a gated, private island in historic Cedar Key, Florida! This home offers something not typically available on the island--a large window of DEEP WATER access, right on the channel! This elevated coastal home, with its unique tasteful touches, has living quarters on two separate levels. Enter at ground level, and make your way up the beautifully crafted wood staircase to the main living area. At the top of the stairs, you will find the inviting open floor plan, complete with its wall of waterfront windows and French doors. Having a really big party? Open those French doors and expand out onto the 12' x 29' covered porch, overlooking the breathtaking expansive saltwater view. You will love spending time in the kitchen, with its granite counters and exquisite cherry cabinetry--and the cabinetry continues with the living area's generous array of built-ins, surrounding the central fireplace. Down the hall, you'll pass the house powder room, before arriving at the master suite, with its huge walk-in closet, set up for super organization. The master bath, with its walk-in shower, dressing table and corner garden tub, overlooks the private master deck and the stand of oaks outside. Two nice-sized bedrooms--with built in desks and beautifully hand-painted accents--share a bath. On the top level, there is another complete living space! Need a private spot for guests, an older child, or an aging parent? The living area, used as a home office now, sports a private deck overlooking the sea and marsh. Two bedrooms, another private water view deck, and a full bath complete the upper level. With plenty of parking underneath, a large storage area, and a "between story" waterfront deck, there are lots of lower level amenities. A good-sized outdoor shower will beckon to you after saltwater island fun, when you have docked your boat on your private deep-water boat dock. Want to take a paddle on your kayak? Launch it from the ladder down to the shell bank off the midpoint of the dock. And if you want extra elbow room, the lot next door is available separately to the buyer of the home. Tucked away from the action of downtown, you will find lots of peace an quiet on private Rye Key, the island's only gated community. Ready for downtown fun? Hop in your golf cart and you will be playing in a flash--restaurants, bars, parks, the library and coffee shop are only a few minutes in a cart. Come see all that Cedar Key, the "Island City," has to offer you. But look soon--Travel and Leisure Magazine named our town one of the "Ten Best Small Towns for Retirees!"
11871 Rye Key Dr, Cedar Key, FL 32625 is a 5 bedroom, 4 bathroom, 6,125 sqft single-family home built in 2003. It last sold for $1,100,000 on May 24, 2024 (8% below the $1,195,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,427,900, with a rent estimate of $5,158/month.
Last check for updates: about 23 hours ago
Listed by Vanessa Edmunds, (352) 210-1155
Cedar Key Realty, Inc., (352) 543-9899
Bought with: Non Member, Non-Member
Source: Dixie-Gilchrist Levy Counties BOR, MLS#789645

Home Details for 11871 Rye Key Dr

Active Status

MLS Status: Sale Closed

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Master Bathroom
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 6125 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Dryer - Electric, Garbage Disposal, Microwave, Oven, Refrigerator, WasherDishwasherLaundry: Sink,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Fireplace(s),Multiple UnitsHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Gas, Insert, VentlessSpa: Jetted TubHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Window: Double Hung Windows, Double Pane WindowsDoor: French DoorsFlooring: Granite, Luxury Vinyl Planking, No Carpet
Levels, Entrance, & Accessibility
Levels: 2+ StoryAccessibility: Accessible Bedroom, Accessible Full BathFloors: Granite, Luxury Vinyl Planking, No Carpet

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck, PorchOther Structures: WorkshopExterior: Balcony, Slab, DockFoundation: Coastal, Raised
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Circular Driveway,Driveway,Under House,Gravel,Shell
Frontage
WaterfrontWaterfront: Pier, Gulf Front, See RemarksRoad Frontage: Maintained, Private RoadRoad Surface Type: LimerockOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Gulf of Mexico
Surface & Elevation
Topography: Level

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Key West
Building
Construction Materials: Vinyl Siding, FrameNot Attached Property
Property Information
Included in Sale: NoneParcel Number: 1652300000

Price & Status

Price
List Price: $1,195,000
Status Change & Dates
Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: Cedar KeyCommunity: Rye Key
School Information
Elementary School District: LevyJr High / Middle School District: LevyHigh School District: Levy

Building

Building Area
Building Area: 6125 Square Feet

HOA

Has an HOAHOA Fee: $250/Annually

Lot Information

Lot Area: 0.35 acres

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 789645Attribution Contact: 3525439899

Price and Tax history

DateEventPrice
May 24, 2024
Source: Dixie-Gilchrist Levy Counties BOR #789645
Sold
$1,100,000
Mar 30, 2024
Source: Dixie-Gilchrist Levy Counties BOR #789645
Pending
$1,195,000
Dec 2, 2023
Source: Dixie-Gilchrist Levy Counties BOR #789645
Listed For Sale
$1,195,000

Market trends in Cedar Key

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
62

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cedar Key

At least 4 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to restaurants

  • 100 % Say they plan to stay for at least 5 years

  • 92 % Say it's dog friendly

  • 89 % Say people would walk alone at night

  • 88 % Say there's wildlife

  • 88 % Say kids play outside

  • 83 % Say there's holiday spirit

  • 80 % Say it's quiet

  • 71 % Say there are community events

  • 67 % Say parking is easy

  • 67 % Say it's walkable to grocery stores

  • 64 % Say streets are well-lit

  • 55 % Say neighbors are friendly

  • 50 % Say car is needed

  • 40 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Ckclamhouse
    "Easy commute to work 5 miles away. School zone is the only slow down when in session. Golf cart friendly community, so sometimes your commute may be slowed if you are behind a golf cart."
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  • Gravelsherriff
    "Long one road in one road out. Very little traffic with no curves. Straight as a gun barrel. One gas station about half way through the journey."
    0
    Flag
  • sgwynans
    "I have lived here for over 34 years - my entire life - with an occassional move; I always come back. It's a great place to live and raise a family, retire, or just as a getaway from the hustle and bustle of the city. Cedar Key is a charming fishing village and haven for artists of all types. We have an excellent public school educating students from Pre-K to 12th grade. Cedar Key School is currently rated an A school - it feels more like a private school than public. Also, I have always had a sense of safety in our community; it's a place where some people still don't lock their doors. I love our town and the lovely people who live here!"
    2
    Flag
  • Wifey
    "IF YOU ARE LOOKING FOR A TRUE SENSE OF COMMUNITY, GOOD OLD VALUES AND PEACE AND TRANQUILITY, THEN CEDAR KEY IS THE PLACE TO LIVE!!"
    0
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  • Ed G.
    "CK is not built up like so much of the Gulf Coast of Florida. It's peaceful but there are some things to do (especially for the outdoors type of person). It's a long way to the WalMart for shopping and some things you take for granted in the cities aren't readily available. If you're a fisherman, a nature lover or a home body this a a great place. If you crave the night life then, for you, this is probably a weekend visit kind of place."
    0
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Frequently asked questions about 11871 Rye Key Dr

  • What is 11871 Rye Key Dr estimated to be worth?
    Trulia's estimated value for 11871 Rye Key Dr in Cedar Key, FL is $1,427,900.
  • What is the price history for 11871 Rye Key Dr?
    11871 Rye Key Dr in Cedar Key, FL last sold for $1,100,000 in May 2024.
  • Is Cedar Key a buyer's or seller's market?
    Cedar Key is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 11871 Rye Key Dr?
    The closest schools to 11871 Rye Key Dr in Cedar Key, FL are Cedar Key High School (Pre-K/Elementary/Middle, rated 8/10), Levy Virtual Franchise (Middle/High), Levy Virtual Instruction Program (Elementary/Middle/High).
  • Does 11871 Rye Key Dr have air conditioning?
    Yes, 11871 Rye Key Dr in Cedar Key, FL has air conditioning.
  • Does 11871 Rye Key Dr have laundry facilities?
    Yes, 11871 Rye Key Dr in Cedar Key, FL has laundry facilities.

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