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For sale
  • $550,000

    4051 D STREET, CEDAR KEY, FL 32625

    6beds
    4baths
    2,036sqft
    : 
    $3,662/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $270/sqft
    $-- HOA

    What's special

    Varied layout
    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.
    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#: OM730985MLS LogoOriginating 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

        DateEventPrice
        8/26/2026Listed for sale$550,000-12%$270/sqft
        Source: Stellar MLS #OM730985 Report a problem
        7/16/2025Listing removed$625,000$307/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #789471 Report a problem
        2/26/2025Price change$625,000-8%$307/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #789471 Report a problem
        11/2/2024Listed for sale$679,000$333/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #789471 Report a problem
        9/9/2024Pending sale$679,000$333/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #789471 Report a problem
        10/29/2023Listed for sale$679,000+38.9%$333/sqft
        Source: Dixie-Gilchrist Levy Counties BOR #789471 Report a problem
        1/18/2022Sold$489,000$240/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32625

        Getting around

        37 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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