Building opportunity in the heart of downtown Cedar Key! Surrounded by historic homes and cracker cottages, you won't find more island appeal for the money. This budget friendly lot is a blank palette for your new home or perhaps you would like to own a vacation rental for some extra monthly income! Walk to downtown restaurants, banks, post office, shopping, art co-ops, historical museum and more. Golf cart almost anywhere on the island from this prime location. Easy drive to Chiefland and a straight one hour drive to Gainesville. Next door lot is for sale also if you need additional elbow room! With both lots, the corner is yours!
Take in the incredible Gulf view from high on the hill! No flood insurance required on this Cracker home in the heart of downtown on 2 lots. Step back in time--virtually unchanged since the 1960s, this family estate of many decades has so much character! Built simply but sturdily, there are high ceilings, original windows, and the wood floors throughout in pristine, original condition. Screened porch off the kitchen doubles as a second dining room, ready for card playing, reading, or just shooting the breeze. Bedrooms are nice size, both with closets. Bathroom features a clawfoot tub and historic hexagonal floor tiles. Catch the amazing Gulf breezes from your rocker on the screened front porch--you'll never want to leave The Joy Cottage!
Year
Property tax
Land + Additions
Assessment*
2025
$11,630 (+2.1%)
$176,000 + $344,713
$520,713
2024
$11,388 (+3.2%)
2023
$11,032 (+12.2%)
2022
$9,829 (+12.9%)
2021
$8,704 (+49.3%)
$176,000 + $222,214
$398,214
2020
$5,828 (+7.9%)
$160,000 + $100,942
$260,942
2019
$5,403 (−2.7%)
$144,000 + $94,673
$238,673
2018
$5,552 (+38.3%)
$144,000 + $94,673
$238,673
2017
$4,014 (−2.0%)
$126,000 + $47,196
$173,196
2016
$4,094 (+12.1%)
$126,000 + $47,196
$173,196
2014
$3,653
$126,000 + $45,456
$171,456
Tax history for 709 5th Street-lot 1 St
Year
Property tax
Land + Additions
Assessment*
2025
$11,630 (+2.1%)
$176,000 + $344,713
$520,713
2024
$11,388 (+3.2%)
2023
$11,032 (+12.2%)
2022
$9,829 (+12.9%)
2021
$8,704 (+49.3%)
$176,000 + $222,214
$398,214
2020
$5,828 (+7.9%)
$160,000 + $100,942
$260,942
2019
$5,403 (−2.7%)
$144,000 + $94,673
$238,673
2018
$5,552 (+38.3%)
$144,000 + $94,673
$238,673
2017
$4,014 (−2.0%)
$126,000 + $47,196
$173,196
2016
$4,094 (+12.1%)
$126,000 + $47,196
$173,196
2014
$3,653
$126,000 + $45,456
$171,456
*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
1
Stories
—
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
1992
Sq. Ft.
1,371
Year built
1927
Style
Single Family Residential
County
Levy County
APN
0853400000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Interior
Virtual Tour
Exterior
Property Information
Property Type: Land
Raw Mls Property Sub Type: Lots & Acreage
Lot Information
Lot Features: Level, Cleared
Lot Size Acres: 0.057
Financial
Tax Information
Tax Annual Amount: $356.45
Location
Schools Information
School District: Levy
Location Information
Directions: State Rd 24 to Right on 5th Street. Go one block and the lot is on the Right corner. See PELICAN REALTY sign.
Subdivision Name: Cedar Key
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,371
Stories: —
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1927
Year Renovated: 1992
County: Levy County
APN: 0853400000
Home facts updated by county records on Sep 9, 2026
Other
Listing Information
AttributionContact: 3525435581
Around this home
Schools
Cedar Key High School
Public PreK-12 • Assigned • 0.4mi
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.