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Off market
  • $393,400

    1141 Palmetto Dr, Cedar Key, FL 32625

    2beds
    1,188sqft
    SingleFamily
    Built in 1968
    8,276 Square Feet Lot
    $393,400 Zestimate®
    $331/sqft
    $1,285 Estimated rent

    Home value

    $393,400

    $350,000 - $437,000

    $1,285/mo

    Zestimate® history
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    $2,661/mo

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    What's special

    LOCATION, LOCATION, LOCATION! This is a one-of-a-kind property that has few equals in the entire state. Enjoy an unobstructed view of the Gulf of Mexico from your front porch. Dock your boat behind the house on the canal that is a quick ride to the open Gulf. Sit on the large, shaded porch any time of day and watch the varied and vibrant wildlife frolic- Ospreys dive bombing for fish while eagles try to steal them! Pods of dolphins patrol the waters for mullet. Take a close look at the map and pictures to see the unique positioning of Palmetto Drive. Peaceful, quiet, & serene with spectacular views, properties like this are few and far between. This is an opportunity to own a unicorn of a property that only comes available on rare occasions. For the last several years, this property (The Treehouse) has been a supremely highly rated vacation property on VRBO. We can't post links, but you can search the address (or property id# 467642) on the VRBO website to see years worth of high rated reviews. It is being sold with furnishings and can be the perfect turnkey rental property. Waterfront property in Florida is in high demand year round. Many of the renters have been coming back year after year. The TreeHouse is a spacious two bedroom stilt home in the heart of Cedar Key, located just an hour west of Gainesville and situated in the center of Florida's Nature Coast. It offers nature lovers amazing bird watching with soaring eagles, ospreys and migrating birds galore. For fishermen, it's a fishing paradise of Redfish, Trout, Drum and much more. Enjoy Robinson Crusoe vibes and an amazing unobstructed view of the Gulf of Mexico right from the large screened in front porch, built around two oak trees. A boat dock out back on the canal allows fisherman to keep their boats in the water. Catch fish and crabs for dinner right off your own dock. When the sun is setting, step out on the covered front deck to feel the breeze and enjoy the spectacular sunset view over the beautiful Gulf. You may see a school of dolphin cavorting in the cove right in front of you or even the swirl of a black drum close enough to make you want to throw a line out. Cedar Key also offers outstanding local cuisine in its many casual dining restaurants. The natural beauty of Cedar key and its slow pace allow visitors to feel what old Florida must have been like years ago allowing for very restful vacations. Whether you want to just relax, sit and read a book, kayak, fish or just to enjoy the diverse wildlife, the TreeHouse is the perfect location. Everything in this "Old Florida" style fishing and clamming village is within easy walking and biking distance. From The TreeHouse, the walk to town and the city's beach is a leisurely 20 minutes along picturesque streets. Or in the other direction is a 15 minute walk to the small airport beloved by daily exercise walkers and pilots alike. The City Park offers a nice beach with a pavilion, outdoor showers, and all the facilities you need to enjoy a pleasant Gulf side afternoon. Stroll around town and watch the crabbers checking their traps, fishermen bringing in their catch and dolphins jumping from the water. Or take one of the many excursions offered by boat Captains off Dock Street to fish or sight-see the many islands that make up the Cedar Keys.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 1,188 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Off-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 0891100000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Metal
    Condition
    • Year built: 1968

    Community & HOA

    Location
    • Region: Cedar Key

    Financial & listing details

    • Price per square foot: $331/sqft
    • Tax assessed value: $253,654
    • Annual tax amount: $5,677

    Price history

    DateEventPrice
    6/30/2023Sold$475,000-19.5%$400/sqft
    Source: Public Record Report a problem
    6/7/2023Pending sale$590,000$497/sqft
    Source: Stellar MLS #O6044152 Report a problem
    3/8/2023Listing removed--
    Source: Stellar MLS #O6044152 Report a problem
    7/19/2022Listed for sale$590,000+51.3%$497/sqft
    Source: Stellar MLS #O6044152 Report a problem
    3/31/2005Sold$390,000$328/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,677 +19.6%$253,654 +32.8%
    2023$4,747 +11.5%$190,953 +10%
    2022$4,257 +17.8%$173,594 +15.9%
    2021$3,613 +4.4%$149,755
    2020$3,460 +2.6%$149,755 +3.3%
    2019$3,374 -2.6%$144,949
    2018$3,464 $144,949 +4.7%
    2017$3,464 +7.2%$138,444 +4.5%
    2016$3,232 +2.1%$132,444 +4.7%
    2015$3,165 +6.3%$126,474 +0.8%
    2014$2,977 $125,484
    2013-- $125,484 -0.7%
    2012-- $126,398 -15.6%
    2011-- $149,773 -8.6%
    2010-- $163,942 -22.1%
    2009-- $210,454 -26.8%
    2008-- $287,475 -0.5%
    2007-- $288,786 -10.7%
    2006-- $323,213 +45%
    2005-- $222,875 +26.4%
    2004-- $176,353 +25%
    2003-- $141,113 +0.3%
    2002-- $140,677 +37.3%
    2001-- $102,461 +6.4%
    2000-- $96,294
    Find assessor info on the county website

    Neighborhood: 32625

    Nearby schools

    GreatSchools rating
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