Virtually Staged. Opportunity is knocking in the heart of Cedar Key! Bursting with character, flexibility, and income-producing potential, 4051 D Street is a truly unique mixed-use property where business and coastal living come together. Currently operating as a property management office with rental units, the property has also previously served as a charming coffee shop and veterinary office—showcasing just how adaptable this one-of-a-kind space can be. The residential accommodations have an impressive mix of four units: a detached two-bedroom, one-bath residence with a bathtub; two one-bedroom, one-bath units with showers; and an additional two-bedroom, one-bath unit with a shower. This varied layout opens the door to countless possibilities, from short- or long-term rentals and employee housing to professional offices, retail, hospitality, or an exciting live-work concept. Bring your vision and make this property your own—open the business you have always dreamed of, expand your investment portfolio, or create a destination that captures the unmistakable charm of Cedar Key. With multiple income streams and room for fresh ideas, this is much more than a property—it is an opportunity waiting to happen. Commercial uses are subject to applicable zoning and approvals.
For sale
$550,000
4051 D STREET, CEDAR KEY, FL 32625
6beds
4baths
2,036sqft
Duplex, Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$270/sqft
$-- HOA
What's special
Varied layout
- 4 days
- 403
- 32
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Gena Bullard 863-450-7399,
CMTG REAL ESTATE GROUP 863-698-7990
Source: Stellar MLS,MLS#: OM730985
Originating MLS: Lakeland

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Ceiling Fan(s)
- Basement: Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 4,320
- Total interior livable area: 2,036 sqft
Video & virtual tour
Property
Parking
- Parking features: Golf Cart Parking, Ground Level, Off Street, Open
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Exterior features: Balcony
- Has view: Yes
- View description: City, Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Saltwater, Saltwater Canal Access, Gulf/Ocean Access
Lot
- Size: 0.29 Acres
- Features: City Lot, Oversized Lot, Rolling Slope
Details
- Parcel number: 0865000000
- Zoning: MIXED USE
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Basement, Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MAP OF SOUTHERN PART OF CEDAR KEY
HOA
- Has HOA: No
Location
- Region: Cedar Key
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $423,767
- Annual tax amount: $9,289
- Date on market: 8/26/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $550,000-12%$270/sqft |
Source: | ||
| 7/16/2025 | Listing removed | $625,000$307/sqft |
Source: | ||
| 2/26/2025 | Price change | $625,000-8%$307/sqft |
Source: | ||
| 11/2/2024 | Listed for sale | $679,000$333/sqft |
Source: | ||
| 9/9/2024 | Pending sale | $679,000$333/sqft |
Source: | ||
| 10/29/2023 | Listed for sale | $679,000+38.9%$333/sqft |
Source: | ||
| 1/18/2022 | Sold | $489,000$240/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,954 -4.6% | $423,767 -0.1% |
| 2023 | $9,382 +29.4% | $424,205 +37.5% |
| 2022 | $7,250 +13.8% | $308,534 +17.6% |
| 2021 | $6,373 +5.9% | $262,262 |
| 2020 | $6,018 +6.4% | $262,262 |
| 2019 | $5,658 +9.2% | $262,262 +20.9% |
| 2018 | $5,179 | $216,957 +2% |
| 2017 | $5,179 +1.8% | $212,788 |
| 2016 | $5,087 -1.8% | $212,788 0% |
| 2015 | $5,181 +1.7% | $212,807 +1.6% |
| 2014 | $5,094 | $209,554 |
Find assessor info on the county website
Monthly payment
Est. payment







