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Overview

0 ba2,330 sqftMixed Use
TypeMixed Use
HOANone listed
Built1940
Lot3,755 sqft
Living area2,330 sqft
Price / sqft$139

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

505 3rd St is a 1940-built home in Map/Sourn Part/City/Cedary Key, Cedar Key. Listed at $325,000 (about $139/sqft), 157 days on market. Flood zone VE - confirm flood insurance requirements with your lender.

From the listing

Mixed-use restaurant property in Cedar Key just steps from the marina and coastal attractions. Fishbonz features an established restaurant space on the ground level, plus two finished apartments that provide rental income. Strong tourism traffic, walkable location, and limited commercial inventory make this an attractive owner-user or investment opportunity in a tightly held coastal market.

The essentials

Built
1940
Price / sqft
$139
On market
157 days
Annual tax
$2,289
Flood zone
VE
Lot
3,755 sqft
Type
Mixed Use

At a glance

Single family
Built 1940
3,755 sqft lot
Lot size
2,330 sqft
Living area

Payment

Est. monthly payment
$2,048/mo
Down payment (20%)
$65,000
Property taxes
$191/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Mixed Use
Year Built
1940
Lot
3,755 sqft
Cooling
Mini-Split Unit(s), Other
Heating
-
Parking
-
Days on Market
157
Flood Zone VE
Annual Tax (2025)
$2,289
Parcel #
08600-001-00

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Map/Sourn Part/City/Cedary Key
County
Levy
MLS Area
32625 - Cedar Key
Lot Size
3,755 sqft

Price history

Date
Event
Price
10/8/2026
Price change
Source: Stellar MLS #GC539939
$325,000-7.1%
$139/sqft
5/6/2026
Listed for sale
Source: Stellar MLS #GC539939
$349,999
$150/sqft

Neighborhood

505 3rd St
Cedar Key, FL, 32625 · 32625 - Cedar Key

Market insights

Offer Insights

Choose an offer strength

List price: $325,000
$310,000 – $325,000
95.2% – 100% of listTops out right at the list price
80% of listList price
178 of the last 355 home closings in Levy County landed at this number or higher (50%). The median one sat 67 days before it went under contract, and this one is on day 157 after a $24,999 cut.

Sample: 355 closed home sales in Levy County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,048/mo
Principal & interest$1,695
Property taxes$191
Insurance$163
Down payment20% · $65,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$325,000

$139 per sq ft

Size

2,330 sq ft

Time on market

157 days

Year built

1940

Monthly payment

About $2,048/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,289 annual tax bill, insurance.

Flood zone

Zone VE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER M.M. PARRISH REALTORSListing agent: Shasta SchoellhornListing data from Stellar MLS, MLS# GC539939.

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