Want to live on an island and own your own business, too? Here's your chance! This historic building, completely renovated in 2013-14, with six rental units is the answer for you! Sitting on high ground in historic Cedar Key, Florida, this apartment building is currently chock full with tenants in long-term rental agreements! All units pay their own utilities, and current annual income from the six leases is $59,400, with an approximate net income of $49,000 after all expenses. Located right downtown, this building's extensive renovations included a new 26-gauge metal roof, plumbing, electrical, central heat and air, interior finishes, floor coverings, cabinetry and appliances. Six rental units include: One--2-Bed, 2 Bath; Two--2-Bed, 1 Bath; Two--1-Bed, 1 Bath; One—Studio. Choose yours, collect rent on five others, and spend your days playing on the Gulf of Mexico! Take a look right away—you're not the only one who wants an easy island life!
Single-familyProperty Type
1930Year Built
6,098 sq ftLot Size
$175Est. Price/Sq.Ft.
Listed by Angela Beckham• Cedar Key Realty, Inc.
Contact: 3525439899
Bought with Angela Beckham• Cedar Key Realty, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
1992
Sq. Ft.
3,735
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Levy County
APN
0865400000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 6
Heating & Cooling
Has Heating
Heating: Heat Pump
Interior Features
Appliances: Refrigerator
Flooring: Wood
Room Information
# of Rooms Total: 6
Basement Details: Crawl Space
Exterior
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Deck, Covered
Roof: Metal
Building Information
Construction Materials: Wood Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Detached Single Family (Not MH)
Lot Information
Lot Features: Level
Lot Size Acres: 0.14
Financial
Tax Information
Tax Annual Amount: $6,189.58
Utilities
Utility Information
Sewer: Public Sewer
Location
HOA Information
Has Homeowners Association
Association Fee Frequency: Monthly
Schools Information
School District: Levy
Location Information
Directions: From State Road 24 coming in to Cedar Key, Turn right on to 6th Street. Property is place on the left. Look for the CEDAR KEY REALTY, INC. sign.
Subdivision Name: Cedar Key
Public facts
Beds: —
Baths: 6.0
Sq. Ft.: 3,735
Stories: —
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: 1992
County: Levy County
APN: 0865400000
Home facts updated by county records on Sep 9, 2026
Other
Listing Information
AttributionContact: 3525439899
Around this home
Schools
Cedar Key High School
Public PreK-12 • Assigned • 0.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 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.