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!"
Year
Property tax
Land + Additions
Assessment*
2025
$18,081 (+75.4%)
2024
$10,308 (−1.1%)
2023
$10,426 (+4.7%)
2022
$9,955 (+3.9%)
2021
$9,579 (+4.7%)
2020
$9,148 (+1.2%)
2019
$9,038 (−0.7%)
2018
$9,105 (+2.6%)
2017
$8,873 (+0.5%)
2016
$8,826 (+2.4%)
2014
$8,615
$140,000 + $289,332
$429,332
Tax history for 11871 Rye Key Dr
Year
Property tax
Land + Additions
Assessment*
2025
$18,081 (+75.4%)
2024
$10,308 (−1.1%)
2023
$10,426 (+4.7%)
2022
$9,955 (+3.9%)
2021
$9,579 (+4.7%)
2020
$9,148 (+1.2%)
2019
$9,038 (−0.7%)
2018
$9,105 (+2.6%)
2017
$8,873 (+0.5%)
2016
$8,826 (+2.4%)
2014
$8,615
$140,000 + $289,332
$429,332
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Directions: Take US HWY 27 NW and turn left onto FL-24 W Continue of FL-24 for about 32 miles Turn right onto Whiddon Ave Turn left onto Hodges Ave Turn right onto SW 165th Ave Continue straight onto Rye Key Drive After passing through gates the house is .2miles ahead on the right.
Community Information
Community Features: Deed Restrictions
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 2,953
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2003
Year Renovated: 2003
County: Levy County
APN: 1652300000
Home facts updated by county records on Sep 9, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Date Information
Days to Contract: -57
Status Contractual Search Date: 2024-05-24
Listing Price Information
Calculated List Price By Calculated Sq Ft: 499.49
Green Information
Green Verification Count: 0
Home Information
Living Area: 2953
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 274.34
Building Area Total: 2953
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Stilt/On Piling
Levels: Two
Around this home
Schools
Cedar Key High School
Public PreK-12 • Assigned • 1.1mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 111° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Cedar Key, FL • 32625
Average low and high temperatures (°F)
60
46
65
53
72
59
77
66
82
73
87
78
88
79
88
79
86
73
80
66
74
60
67
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 6.1 hours in December, placing it above the
U.S. average for solar exposure.