509 3rd St, Cedar Key, FL 32625
Property image
Property image
OFF MARKET

509 3rd St
Cedar Key, FL 32625

  • 1 Bed
  • 3 Baths
  • 2,280 sqft

$290,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,929/mo*
Refinance Your Home

$290,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,929/mo*
Refinance Your Home
1 Bed
3 Baths
2,280 sqft

Local Information

  • Map ViewExplore the area around 509 3rd St.
  • Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1940
Living Area
2,280 sqft
Price/Sqft
$128

About this House

Waterfront Apartment with Business Location all in the same Waterfront Building! Former owner lived in the apartment and ran a restaurant with bar on the business side. Prior uses include bait and tackle shop with breakfast and sandwich take-out and fresh market fruits and vegetables. Many years ago the business side was a fish house. Local fishermen, crabbers and oystermen brought in their catch. Zoning allows both commercial and residential uses. The apartment would be a great vacation rental, especially with a kayak available to renters for paddling the back waters of Cedar Key. 509 3rd Street is a GREAT LOCATION--just a block from the grocery store, bank, post office, library and city hall. Three blocks from the public marina and City Park.
509 3rd St, Cedar Key, FL 32625 is a 1 bedroom, 3 bathroom, 2,280 sqft condo built in 1940. It last sold for $110,000 on Sep 16, 2021. It is currently off market. The Trulia Estimate is $290,700, with a rent estimate of $2,500/month.

Home Details for 509 3rd St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Other

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Condo

Community

Units in Building: 1

Lot Information

Lot Area: 3703 sqft

Price History for 509 3rd St

DatePriceEventSource
09/16/2021$110,000Sold
Dixie-Gilchrist Levy Counties BOR #781911
08/18/2021$350,000Listed For SaleDixie-Gilchrist Levy Counties BOR #781911
05/04/2021ListingRemovedDixie-Gilchrist Levy Counties BOR
04/27/2021$350,000Listed For SaleDixie-Gilchrist Levy Counties BOR #781911
01/09/2020$370,000Sold
N/A
08/30/2012$280,000Sold
N/A

Market trends in Cedar Key

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
5MoM
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Property Tax and Assessment

Year2024
Tax$2,793
Assessment$195,330
Home facts updated by county records

Comparable Sales for 509 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
211 2nd St UNIT 230, Cedar Key, FL
0.19
Condo
$133,000
09/03/25
1
1
480
550 1st St UNIT 214, Cedar Key, FL
0.14
Condo
$265,357
06/29/26
2
2
960
82 2nd St UNIT 314, Cedar Key, FL
0.29
Condo
$125,000
06/09/26
1
1
480
82 2nd St UNIT 311, Cedar Key, FL
0.29
Condo
$128,000
11/14/25
1
1
480
550 1st St UNIT 202, Cedar Key, FL
0.14
Condo
$250,000
06/01/26
1
1
560
7041 Depot St UNIT A-101, Cedar Key, FL
0.24
Condo
$350,000
10/16/25
2
2
1,080
7041 Depot St UNIT B-104, Cedar Key, FL
0.25
Condo
$345,000
06/11/26
2
2
1,080
7041 Depot St UNIT C-201, Cedar Key, FL
0.25
Condo
$350,000
10/27/25
2
2
1,080
7041 Depot St #A-102, Cedar Key, FL
0.26
Condo
$279,000
04/02/26
1
1
810
4050 G St, Cedar Key, FL
0.27
Condo
$359,500
04/16/26
2
2
1,152

Nearby homes

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Assigned Schools

These are the assigned schools for 509 3rd St.

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."
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    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."
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Apartments for Rent

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Homes for sale near 509 3rd St

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Off Market Homes Near 509 3rd St

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Frequently asked questions about 509 3rd St

  • What is 509 3rd St estimated to be worth?
    Trulia's estimated value for 509 3rd St in Cedar Key, FL is $290,700.
  • What is the price history for 509 3rd St?
    509 3rd St in Cedar Key, FL last sold for $110,000 in September 2021.
  • 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 509 3rd St?
    The closest schools to 509 3rd St 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 509 3rd St have air conditioning?
    Yes, 509 3rd St in Cedar Key, FL has air conditioning.