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About this home
82 2nd St #D5 is a 1982-built home in Cedar Cove Efficiency Condo 02, Cedar Key. Inside you'll find 1 bedrooms, 1 bathrooms, and 480 square feet of living space. Listed at $119,900 (about $250/sqft), 172 days on market. Flood zone VE - confirm flood insurance requirements with your lender. Condo dues run $805 monthly.
**HOA Includes Insurance!** Welcome to your slice of paradise in Cedar Key! This beautifully renovated waterfront condo offers the perfect blend of personal getaway and income-producing opportunity—enjoy up to 120 days per year for yourself and rent it out the rest of the time. Step inside to coastal charm, where French doors lead to your private balcony with breathtaking water views. This turnkey unit comes fully furnished, making it truly move-in or rent-ready. Unwind in comfortable, stylish spaces or prepare meals in the full kitchen featuring a refrigerator, stove, oven, and microwave. Ceramic tile flooring and fresh interior paint create a clean, modern coastal feel throughout. Convenience is key, with elevator access just steps away for easy day-to-day living. Cedar Key is a dream destination for nature lovers and outdoor enthusiasts. From bird watching and fishing to boating and kayaking, adventure awaits at every turn. The public beach, marina, and boat ramp are all nearby, along with scenic nature trails, state parks, and wildlife refuges. Immerse yourself in the island’s vibrant arts scene, with local galleries, studios, and events showcasing the creativity and charm of this unique coastal community. **Highlights:** MESMERIZING WATER VIEWS, BRAND NEW FRONT DOOR, FULLY FURNISHED, ELEVATOR ACCESS, PROXIMITY TO PUBLIC BEACH, EASY ACCESS TO MARINA AND BOAT RAMP, NATURE LOVER’S PARADISE, VIBRANT ARTS AND CULTURE SCENE **Investment Opportunity:** This property is a condominium hotel (“condotel”) with owner-use limitations (currently up to 120 days per year) and rental-focused guidelines. Financing and insurance options may differ from traditional condos. Buyers are encouraged to review all association rules and details. See Condotel Disclosure Addendum for more information. This waterfront condo offers comfort, convenience, and coastal living at its best—don’t miss your chance to own a piece of Cedar Key while generating income at the same time!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. 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
$119,900
$250 per sq ft
Beds and baths
1 beds, 1 baths
Size
480 sq ft
Time on market
172 days
Year built
1982
Monthly payment
About $1,672/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,182 annual tax bill, insurance, and $805/mo in condo dues.
Condo dues
$805/mo
Managed by McCormick Mgt & Realty LLC.
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.
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