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  • $605,000

    12226 Franko Cir, Cedar Key, FL 32625

    2beds
    1,680sqft
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    Single Family Residence
    Built in 1960
    9,147 Square Feet Lot
    $-- Zestimate®
    $360/sqft
    $-- HOA

    What's special

    Natural light pours inUnbeatable gulf viewsOpen living spacesWaterfront retreat
    Tucked away in the laid-back charm of Cedar Key, this waterfront retreat offers the perfect blend of coastal serenity and opportunity. Whether you're looking for a full-time residence, vacation getaway, or investment property, this home delivers unbeatable Gulf views and endless potential. Upstairs, you'll find a bright and inviting 2-bedroom, 2-bath layout designed to capture the beauty of waterfront living. Natural light pours in, while the open living spaces create a relaxed, airy feel perfect for entertaining or unwinding after a day on the water. Step outside onto your expansive deck overlooking the water, where you can enjoy morning coffee with sunrise reflections and evening breezes off the Gulf. Just steps away, your private dock provides direct access to some of the best fishing, boating, and kayaking that Cedar Key has to offer. The ground level presents a rare opportunity for customization, already primed for renovation into additional living space. Envision a game room, guest suite, extra bedroom and bath, or a spacious entertainment area—the possibilities are wide open to fit your lifestyle and needs. Highlights include: Prime waterfront location with stunning views Private dock for boating and fishing Large deck perfect for outdoor living 2 bedrooms / 2 baths upstairs Ground floor ready to be transformed into additional living space Ideal for full-time living, vacation home, or income-producing rental This is more than just a home—it's a chance to create your own piece of paradise in one of Florida's most beloved island communities.
    98 days
    |
    376
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Beckham 904-206-1257,

    Cedar Key Realty, Inc. 352-543-9899

    Source: Dixie-Gilchrist Levy Counties BOR,MLS#: 798915MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Laundry
      Primary bedroom
      • Features: 1 Master Suite
      Primary bathroom
      • Features: Dual Sinks, Shower Only, Walk-in Shower
      Heating
      • Electric, Ductless
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Dryer - Electric, Garbage Disposal, Electric Range, Refrigerator, Washer - Front Load
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s)
      • Flooring: Luxury Vinyl Planking, No Carpet
      • Doors: French Doors
      • Windows: Double Pane Windows, Blinds
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,680
      • Total interior livable area: 1,680 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Under House
      Features
      • Levels: 2+ Story
      • Patio & porch: Open Deck
      • Exterior features: Balcony, Dock
      • On waterfront: Yes
      • Waterfront features: Gulf Front
      • Body of water: Gulf of Mexico
      Lot
      • Size: 9,147 Square Feet
      • Features: Irregular Lot, Native Plants
      • Topography: Level
      Details
      • Parcel number: 0037700400

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Frame
      • Foundation: Coastal, Pillar/Post/Pier
      • Roof: Metal
      Condition
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Cedar Key
      Location
      • Region: Cedar Key

      Financial & listing details

      • Price per square foot: $360/sqft
      • Tax assessed value: $400,215
      • Annual tax amount: $2,025
      • Date on market: 3/30/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Limerock

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/30/2026Listed for sale$605,000+51.2%$360/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #798915 Report a problem
        2/4/2005Sold$400,000$238/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,850 +4.7%$347,720 +10%
        2023$7,494 +12.4%$316,109 +10%
        2022$6,666 +14.9%$287,372 +16.3%
        2021$5,803 +4.9%$247,089
        2020$5,533 +2.4%$247,089 +3.5%
        2019$5,403 +5.4%$238,639 +8.7%
        2018$5,124 $219,439 +4.8%
        2017$5,124 +6.2%$209,354
        2016$4,827 -1.9%$209,354 +1.9%
        2015$4,919 +3.7%$205,439 +0%
        2014$4,745 $205,387
        2013-- $205,387 -0.9%
        2012-- $207,168 -6.9%
        2011-- $222,560 -6.7%
        2010-- $238,513 -8.1%
        2009-- $259,513 -20.5%
        2008-- $326,504 -1.1%
        2007-- $330,098 -9.1%
        2006-- $362,998 +197.5%
        2005-- $122,001 +3%
        2004-- $118,448 +1.9%
        2003-- $116,240 +2.4%
        2002-- $113,516 +4%
        2001-- $109,106 +3%
        2000-- $105,929

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32625

        Getting around

        14 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Levy

        Source: Dixie-Gilchrist Levy Counties BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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