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  • $679,000

    16431 SW 120th Pl, Cedar Key, FL 32625

    3beds
    2,116sqft
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    Single Family Residence
    Built in 1993
    0.46 Acres Lot
    $-- Zestimate®
    $321/sqft
    $-- HOA

    What's special

    Large lotOpen layoutBreathtaking viewsDirect water access
    Discover the perfect blend of coastal charm and modern comfort with this beautifully updated 3-bedroom, 3-bath waterfront home in Cedar Key. Whether you're searching for a full-time residence, a relaxing second home, or a high-potential rental property, this checks all the boxes. Nestled on a spacious and private waterfront lot, this elevated 2-bedroom, 2-bath home with 1-large room and 1-bath downstairs offers the perfect blend of comfort, natural beauty, and direct access to the Gulf. Step inside to find a thoughtfully renovated interior featuring a brand-new kitchen with quartz countertops, new appliances including a double-oven and gas stove top and plenty of counter and cabinet space that would make any chef feel excited to showcase their talent. Stylish, beautiful luxury vinyl planking throughout the entire house makes the home feel warm and modern. The open layout creates a welcoming feel, while the family room boasts soaring ceilings that bring in natural light and highlight the home's spacious design. The huge front sunroom is a standout feature, offering panoramic water views and the perfect spot to relax with a morning coffee or unwind after a day on the water. Outside, the home has been freshly painted within the last two years, offering peace of mind and great curb appeal. The property includes a garage with an additional storage room—perfect for fishing gear, kayaks, or tools. Park your boat, golf cart or vehicle and still have plenty of space in the work room. Enjoy true waterfront living with your own dock, ideal for fishing, relaxing, or launching your next adventure. A boat lift is already in place, adding extra convenience for boaters. Nature lovers will appreciate the abundance of wildlife right outside their door. Watch osprey soar overhead and enjoy a variety of coastal birds that make this area so special. Fishing is available right outside the door from the shore or easy kayak and boat access. With direct water access and breathtaking views, this home is a rare find and offers the best of the laid-back lifestyle Cedar Key is known for. This is more than a home—it's a coastal retreat with endless possibilities. Whether you're looking for a full-time residence, vacation getaway, or investment property, this Cedar Key gem checks every box. With its large lot, direct water access, and peaceful location, beautiful home, it's a rare find in a unique and welcoming community. Don't miss the chance to own a piece of Old Florida charm with modern amenities—schedule your private tour today and discover all this exceptional property has to offer!
    98 days
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    211
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Melinda Allen 352-222-8585,

    Pelican Realty 352-543-5581

    Source: Dixie-Gilchrist Levy Counties BOR,MLS#: 798870MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Great Room, Laundry
      Primary bedroom
      • Features: 1 Master Suite
      Primary bathroom
      • Features: Dual Sinks, Soaking Tub, Separate Tub & Shower, Shower Only, Walk-in Shower
      Heating
      • Electric, Fireplace(s), Ductless
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Garbage Disposal, Microwave, Double Oven, Gas Range, Refrigerator, Washer/Dryer Stacked
      • Laundry: Laundry Room, W/D Hookups
      Features
      • Bookcases, Ceiling Fan(s), Fireplace, Open Floorplan, Pantry, Tray Ceiling(s)
      • Flooring: Luxury Vinyl Planking, Tile
      • Windows: Double Hung Windows
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,116
      • Total interior livable area: 2,116 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Open, Dirt, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: 2+ Story
      • Patio & porch: Enclosed Porch
      • Exterior features: Lighting, Dock
      • Pool features: None
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Seawall, Gulf Access, Gulf Canal
      • Frontage length: Road Frontage: 84.38,Waterfront Footage: 83.8
      Lot
      • Size: 0.46 Acres
      • Dimensions: 84.38 x 272.90 x 83.8 x 264.6
      • Features: Oversize, Rectangular Lot, Room for a Pool, Wooded
      • Topography: Level
      • Residential vegetation: Grassed
      Details
      • Additional structures: Boat House
      • Parcel number: 0894700400

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Cement Siding, Block
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 1993

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Well for Yard
      Green energy
      • Energy efficient items: None

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $321/sqft
      • Tax assessed value: $526,868
      • Annual tax amount: $7,422
      • Date on market: 3/22/2026
      • Listing terms: Cash,Conventional
      • Inclusions: There May Be Items Of Furnishings That Owner Will Include In Sale.
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/22/2026Listed for sale$679,000+4.6%$321/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #798870 Report a problem
        9/21/2025Listing removed$649,000$307/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #795086 Report a problem
        6/12/2025Listed for sale$649,000+66.4%$307/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #795086 Report a problem
        10/22/2019Sold$390,000-6%$184/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #778550 Report a problem
        9/2/2019Pending sale$415,000$196/sqft
        Source: Cedar Key Realty, Inc. #778550 Report a problem
        8/22/2019Listed for sale$415,000+27.7%$196/sqft
        Source: Cedar Key Realty, Inc. #778550 Report a problem
        3/11/2016Sold$325,000-15.6%$154/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #771152 Report a problem
        2/26/2016Pending sale$385,000$182/sqft
        Source: Pelican Realty #771152 Report a problem
        12/14/2015Listed for sale$385,000-2.5%$182/sqft
        Source: Pelican Realty #771152 Report a problem
        11/1/2015Listing removed$395,000$187/sqft
        Source: Pelican Realty #769866 Report a problem
        7/29/2015Listed for sale$395,000$187/sqft
        Source: Pelican Realty #769866 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,732 +3.2%$439,614 +10%
        2023$7,492 +14.7%$399,649 +10%
        2022$6,530 +12.1%$363,317 +19.3%
        2021$5,828 +7.1%$304,553
        2020$5,441 +49.5%$304,553 +4%
        2019$3,641 +0.8%$292,737
        2018$3,613 $292,737 +15.4%
        2017$3,613 +5.5%$253,657 +1.3%
        2016$3,426 +2.8%$250,426 -16.8%
        2015$3,333 -10.3%$300,965 +0.1%
        2014$3,714 $300,577 +23.8%
        2013-- $242,792 +1.7%
        2012-- $238,734 +3%
        2011-- $231,781 +1.5%
        2010-- $228,356 +2.7%
        2009-- $222,352 +0.1%
        2008-- $222,130 +3%
        2007-- $215,660 +2.5%
        2006-- $210,400 +3%
        2005-- $204,272 +3%
        2004-- $198,323 +1.9%
        2003-- $194,626 +2.4%
        2002-- $190,065 +4.6%
        2001-- $181,637 +3%
        2000-- $176,347

        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.
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          Climate risks

          Neighborhood: 32625

          Getting around

          4 / 100
          Car-Dependent
          27 / 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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