$100,000
Last sold price
433 2nd St, Cedar Key, FL 32625
Est. Refi. Payment $742/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 29, 2026 for $100,000 (28% below list price)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.02 | Lot/Land | $100,000 | 07/29/26 | - | - | ||
0.17 | Lot/Land | $150,000 | 01/06/26 | - | - | ||
0.06 | Lot/Land | $320,000 | 06/25/26 | - | - | ||
0.23 | Lot/Land | $33,000 | 09/02/26 | - | - | ||
0.32 | Lot/Land | $70,000 | 12/09/25 | - | - | ||
0.31 | Lot/Land | $50,000 | 12/16/25 | - | - | ||
0.94 | Lot/Land | $164,500 | 06/10/26 | - | - | ||
0.99 | Lot/Land | $45,000 | 05/01/26 | - | - | ||
0.99 | Lot/Land | $45,000 | 04/30/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.02 | $100,000 | - | - | - | Recently Sold | |
0.04 | - | - | - | - | Off Market | |
0.01 | $649,000 | 2 | 3 | 2,250 | For Sale | |
0.05 | $243,000 | 2 | 1.5 | 1,152 | Off Market | |
0.05 | $159,000 | - | - | - | For Sale | |
0.09 | - | - | - | - | Off Market | |
0.04 | $365,500 | 3 | 1 | 1,200 | Off Market | |
0.08 | $188,000 | 2 | 1.5 | 1,152 | Off Market | |
0.08 | $225,000 | 2 | 1.5 | 1,352 | Recently Sold | |
0.09 | - | - | - | - | Off Market | |
0.06 | - | - | - | - | Off Market |
Local Information
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Home Highlights
Lot/Land
About this House
On Cedar Key's 2nd Street—where commerce, culture, and coastal life converge—stands a rare and consequential opportunity: a historic building dating to circa 1882, originally home to one of the town's earliest apothecaries. Time has rendered the structure in significant disrepair, and demolition may ultimately be required; however, what remains is something far more valuable than brick and mortar alone—a premier, zero–lot-line site in the very heart of historic downtown Cedar Key. The property's zero-lot-line configuration allows for maximum buildable frontage, offering exceptional flexibility for redevelopment in an area where footprint and frontage are paramount. Positioned directly on Main Street, the site enjoys constant pedestrian and vehicle visibility, making it ideally suited for high-impact commercial uses. Development potential includes destination restaurants, distinctive retail, professional offices, or motel-style accommodations designed to serve the area's steady flow of visitors. Panoramic water views are available with enough elevation of a new structure, including sunset as well as overlooking all of Dock Street to the south. Cedar Key is a well-established tourist destination, celebrated for its Old Florida character, waterfront charm, fishing heritage, and thriving arts and dining scene. The local community is notably supportive of thoughtful, well-executed development that enhances the town's vitality while respecting its historic fabric—creating a favorable environment for investors and developers with vision. Adding to the appeal, additional adjoining properties are available, presenting a rare chance to assemble a larger footprint for a cohesive project. These parcels open the door to dedicated parking, service access, or expanded commercial offerings—assets that are increasingly difficult to secure in historic downtown settings. Up to 3 consecutive lots fronting 2nd Street are available plus two more lots that currently features the famous (or infamous) L&M building. This is not merely a building; it is a blank canvas on one of Cedar Key's most prominent streets, surrounded by tourism-driven demand and local enthusiasm for progress. For development-minded buyers, this offering represents a singular opportunity to shape the next chapter of Main Street while capitalizing on one of Florida's most distinctive coastal markets. Buyers will pay all closing costs including documentary stamps on deed, title insurance, title search and closing fees, and recording of deed. Please ask for an estimate.
433 2nd St, Cedar Key, FL 32625 is a lot/land. It last sold for $100,000 on Jul 29, 2026 (28% below the $139,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 7 hours ago
Listed by Caryn Stephenson, (352) 228-0420
Pelican Realty, (352) 543-5581
Melinda Allen, (352) 222-8585
Pelican Realty, (352) 543-5581
Bought with: Melinda Allen, (352) 222-8585, Pelican Realty, (352) 543-5581
Source: Dixie-Gilchrist Levy Counties BOR, MLS#796264

Home Details for 433 2nd St
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Gas & Electric Electric: Electric - Central FL Coop |
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Exterior Home Features Fencing: NoneOther Structures: None |
Frontage Road Frontage: City Street, MaintainedRoad Surface Type: PavedNot on Waterfront |
Surface & Elevation Topography: Sloping |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Has Additional Parcels |
Property Information Parcel Number: 0857900000 |
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Price List Price: $139,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Sale Closed |
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Direction & Address City: Cedar KeyCommunity: Cedar Key |
School Information Elementary School District: LevyJr High / Middle School District: LevyHigh School District: Levy |
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Lot Area: 3920.4 sqft |
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Listing Terms: Cash |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 796264Attribution Contact: 3525435581, carynd@gmail.com |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 29, 2026 Source: Dixie-Gilchrist Levy Counties BOR #796264 | Sold | $100,000 |
Jun 30, 2026 Source: Dixie-Gilchrist Levy Counties BOR #796264 | Pending | $139,000 |
Feb 2, 2026 Source: Dixie-Gilchrist Levy Counties BOR #796264 | PriceChange | $139,000 Price decreased by 13% |
Jan 21, 2026 Source: Dixie-Gilchrist Levy Counties BOR #796264 | PriceChange | $159,000 Price decreased by 20% |
Dec 27, 2025 Source: Dixie-Gilchrist Levy Counties BOR #796264 | Listed For Sale | $199,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,409 | $42,824 |
Home facts updated by county records
Market trends in Cedar Key
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
62
Around this home
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.
LGBTQ Local Legal Protections
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