TURNKEY WATERFRONT PARADISE ON CEDAR KEY! GULF VIEWS, SUNRISES & INCOME-PRODUCING POTENTIAL! WELCOME TO DOLPHIN WATCH! Experience the laid-back island lifestyle of Cedar Key in this beautifully remodeled and meticulously maintained 2-bedroom, 1-bath waterfront condo offering 1,080 square feet of furnished coastal living. Affectionately named Dolphin Watch. Located in an intimate community of just seven units, this property offers a peaceful, small-community atmosphere while being just a short walk from everything downtown Cedar Key has to offer. Thoughtfully designed with two levels of living space, the downstairs features both bedrooms and the full bathroom, while the upstairs opens to the living room, kitchen, and dining area. Both levels feature private balconies with expansive, unobstructed views of the open Gulf, providing incredible scenery from nearly every angle. Enjoy breathtaking sunrises over the water, watch porpoises swimming through the Gulf, mullet jumping, and pelicans diving for their daily catch. Multiple uninhabited islands are also visible from both balconies, adding to the beautiful natural surroundings. This condo has been extensively remodeled and lovingly cared for, with attention given to every detail. High-impact windows were installed approximately three years ago, offering added peace of mind while allowing plenty of natural light and beautiful Gulf views throughout both levels. The unit is being sold completely furnished, including the stackable washer and dryer, making this an ideal opportunity for someone looking for a personal island getaway or a turnkey investment property. Additional features include a private exterior laundry/utility room located behind the double doors at the rear of the building and a highly desirable designated open parking space exclusive to this unit, separate from the smaller parking spaces beneath the building. Monthly association dues are $270, with a fall insurance assessment of approximately $6,000. INVESTMENT OPPORTUNITY: This established income-producing vacation rental has developed a great following and comes with a completely transferable website! The property is also professionally managed by an established property management company, offering a convenient opportunity for an investor looking to continue generating rental income. Location is everything, and this condo puts you within easy walking distance of Cedar Key's downtown attractions, including City Park, Dock Street, the local bakery, waterfront restaurants, boutique shops, golf cart rentals, nature trails, and some of the area's best birdwatching opportunities. Whether you're looking for a beautifully furnished waterfront island getaway, a second home, or an established vacation rental to add to your investment portfolio, this property checks all the boxes. Enjoy incredible Gulf views, spectacular sunrises, abundant wildlife, and the relaxed coastal lifestyle that makes Cedar Key such a special place. Come experience your own slice of Cedar Key paradise!
CondoProperty Type
1980Year Built
$394Price/Sq.Ft.
$270/moHOA Dues
Listed by Fred Wynans• Hatcher Realty Services, Inc. Trenton
For comp purposes. Listing agent Vanessa Edwards with Cedar Key Realty. Selling agent Andrea White with SawGrass Realty. Enjoy spectacular panoramic Gulf of Mexico views from this beautiful Cedar Cove townhouse condominium! Out on a point, these units have a magnificent view of the downtown and surrounding uninhabited islands! Open the generous glass doors and breathe in the healing salt air. Watch seabirds soar and dolphins play! Enjoy the public beach and playground, which are only a stone's throw away. The master bedroom (with a private water front balcony), and second bedroom and bath are on one floor, while the main floor's open floor plan with covered porch invite island hospitality. Stow kayaks in the carport underneath, water toys in the utility room, and walk to downtown fun! Restaurants, bars, shops and ice cream are just a few minutes walk!
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Last updated by owner on Feb 1, 2023.
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, 24 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
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77
66
82
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53
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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.
9.4 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 52 2nd St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $200,000 and $487,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $200K to $488K.