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82 2ND STREET UNIT D5

For Sale
$138,900

BTC: 2.17031250

ETH: 79.55326460

-$6K (2026/05/24)
34 days
1 bds
1 ba
480 sqft

Overview

**HOA Includes Insurance!** Welcome to your slice of paradise in Cedar Key! This beautifully renovated waterfront condo offers the perfect blend of personal getaway and income-producing opportunity—enjoy up to 120 days per year for yourself and rent it out the rest of the time. Step inside to coastal charm, where French doors lead to your private balcony with breathtaking water views. This turnkey unit comes fully furnished, making it truly move-in or rent-ready. Unwind in comfortable, stylish spaces or prepare meals in the full kitchen featuring a refrigerator, stove, oven, and microwave. Ceramic tile flooring and fresh interior paint create a clean, modern coastal feel throughout. Convenience is key, with elevator access just steps away for easy day-to-day living. Cedar Key is a dream destination for nature lovers and outdoor enthusiasts. From bird watching and fishing to boating and kayaking, adventure awaits at every turn. The public beach, marina, and boat ramp are all nearby, along with scenic nature trails, state parks, and wildlife refuges. Immerse yourself in the island’s vibrant arts scene, with local galleries, studios, and events showcasing the creativity and charm of this unique coastal community. **Highlights:** MESMERIZING WATER VIEWS, BRAND NEW FRONT DOOR, FULLY FURNISHED, ELEVATOR ACCESS, PROXIMITY TO PUBLIC BEACH, EASY ACCESS TO MARINA AND BOAT RAMP, NATURE LOVER’S PARADISE, VIBRANT ARTS AND CULTURE SCENE **Investment Opportunity:** This property is a condominium hotel (“condotel”) with owner-use limitations (currently up to 120 days per year) and rental-focused guidelines. Financing and insurance options may differ from traditional condos. Buyers are encouraged to review all association rules and details. See Condotel Disclosure Addendum for more information. This waterfront condo offers comfort, convenience, and coastal living at its best—don’t miss your chance to own a piece of Cedar Key while generating income at the same time!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1982
Lot:
0.01 Acres
Heating:
Central
Price/sqft:
$289
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$138,900
$123K – $164K
Confidence Low
List vs. estimate
At estimate
List $138,900 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$289
+0.4% vs. city median $288
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,181
2025
View
Water
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Freezer

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Accessibility Features

    • Elevator

    • Kitchen/Family Room Combo

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.01 Acres

    Other Property Information

    • Parcel Number: 1765000000

    • Zoning: RESI

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condo - Hotel

  • Utility

    • Cable Connected

    • Electricity Connected

    • Fiber Optics

    • Phone Available

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $2,182

  • Source details

    • MLS ID: TB8501463

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Slab / Stilt/On Piling

    • Laundry Features: None

    • Lot Features: Historic District / City Lot / Near Marina / Sidewalk

    • Patio And Porch Features: Covered / Deck

    • Direction Faces: Northwest

    • Water Body Name: GULF OF MEXICO

    • Living Area: 480

    • Water Source: Public

    • Subdivision Name: CEDAR COVE EFFICIENCY CONDO 02

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EPIQUE REALTY, INC.