You will be in awe of the impressive Gulf view from nearly every room of this two-story waterfront home! With bedrooms, bathrooms, and full kitchens on both levels, the rental possibilities are outstanding: short-term, long-term, or a combination of both. With three bedrooms, the additional room downstairs could be used as an extra bedroom, an office, or a workout room, as it is currently used. Estimated annual rental income is $56,000, and professional management is already in place, making this an easy, turnkey investment! Live on one level and rent the other, rent both separately, or enjoy the entire home as your own private island retreat. This property previously operated as a successful vacation rental with two income-producing spaces. A lush, landscaped yard features mature vegetation and a beautiful lawn maintained by a well-fed sprinkler irrigation system (no large water bills). Relax under the palms while taking in sweeping views of the Gulf and the uninhabited islands beyond. Across Airport Road, the home includes a private patch of beach, perfect for sunbathing, launching kayaks, or applying to build a boat dock or waterside deck. It's an easy walk or quick golf cart ride to Cedar Key's charming downtown for dining, drinks, and shopping. Let the salt air and sunshine restore your soul. Spend a while on island time, and you'll never want to return to the hustle.
You will be in awe of the impressive view of the sparkling Gulf of Mexico from nearly every room of this two-story water front home! And with bedrooms, bathrooms and kitchens on both levels, the rental possibilities are terrific--either for short or long term! Used as a single family residence now, this lovely home was previously used as a vacation rental with two rental spaces. The choice is yours--live on one level and rent out the other, or rent out both separately, or rent out together! The home includes a patch of private beach across Airport Road, too, so you can soak up the sun, launch your kayak, or apply to put in a boat dock or waterside deck. It is a nice walk to downtown, or hop in a golf cart and be there in a minute for dining and drinks. Sit under the palms in your yard and soak up the view of the Gulf and uninhabited islands in the distance. Let the salt air and sun restore your soul. Spend a while on "island time" and you'll never want to go back to the hustle.
Public Records
May 25, 2021
Sold
$379,286
$223/sq ft
DGLMLS #782032
May 14, 2021
Sold
$379,294
$223/sq ft
May 14, 2021
Listed
$399,900
$235/sq ft
Here's a beautiful two-story home with an amazing open GULF OF MEXICO view! The building is currently set up as two one-bedroom units, one upstairs and one downstairs. Each unit even has a full kitchen. No appliances are included, so choose your own designs! An interior staircase joins the two apartments, so it could easily be transformed to be one home again.
Public Records
Aug 31, 2004
Sold
$425,000
$249/sq ft
Public Records
Oct 1, 1997
Sold
$145,500
$85/sq ft
Public Records
Apr 1, 1981
Sold
$26,500
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,898 (+1.0%)
$156,000 + $291,932
$447,932
2024
$7,820 (+38.9%)
$156,000 + $319,160
$475,160
2023
$5,631 (+5.1%)
2022
$5,356 (+35.4%)
$144,000 + $207,038
$351,038
2021
$3,957 (+0.8%)
2020
$3,926 (+2.6%)
2019
$3,827 (+0.7%)
2018
$3,799 (+5.2%)
2017
$3,611 (−0.8%)
$144,000 + $94,614
$238,614
2016
$3,639 (+2.7%)
$144,000 + $94,614
$238,614
2014
$3,543
$144,000 + $89,460
$233,460
Public record
Beds
—
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
1990
Finished Sq. Ft.
1,704
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,704
Year built
1982
Style
Single Family Residential
County
Levy County
APN
0892300100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being 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
75
80
66
74
60
67
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 16439 SW Airport Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $339,000 and $825,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $339K to $825K.