TBD 5TH STREET, CEDAR KEY, FL, 32625
Active579 days on marketListed Dec 19, 2024MLS #OM691562
About this home
TBD 5TH STREET
Experience the charm of Old Florida at its best with this buildable home site in Cedar Key! Enjoy easy access to recreational fishing, boating, shopping, and dining. Cedar Key remains a hidden gem, offering the feel of a peaceful, historic fishing village. As the West Coast grows, this area holds great potential for appreciation and development. Cedar Key is home to the Cedar Key National Wildlife Refuge and Cedar Key Museum State Park. Don’t miss the stunning Cedar Key beach, where you can watch breathtaking sunsets over the Gulf. This delightful town features cozy ice cream shops, fresh seafood restaurants, and unique local stores. Check out this property today!
Facts & features
The home at a glance
0.07 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$518 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$518/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Cedar Key
Get to know Cedar Key. See the full Cedar Key guide →
CEDAR KEY 32625 — neighborhood snapshot
Population
1,255
Median age
62.3
Median income
$59,036
Median home value
$267,200
Avg household
1.83
Households w/ children
49%
The numbers that matter
The Cedar Key market
$309K → $75K
Cedar Key median sold, yr/yr
89.8%
Sale-to-list ratio (12 mo)
Median sold price, Cedar Key, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 63% below the CEDAR KEY 32625 median. See the full Cedar Key market guide →
Paper trail
This home's history
Reality check
What actually sold near TBD 5TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’25$550,000
16360 AIRPORT ROAD · same community
2 bd · 2 ba · 928 sqft · $593/sqft · 95 DOM
Sold · Sep ’25$190,000
511 1ST STREET · same community
2 bd · 1.5 ba · 1,152 sqft · $165/sqft · 54 DOM
Sold · Mar ’26$208,500
1149 SHELL CREST AVENUE
2 bd · 2 ba · 1,104 sqft · $189/sqft · 344 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about TBD 5TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for TBD 5TH STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
TBD 5TH STREET FAQs
What would the monthly payment be for TBD 5TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $518/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on TBD 5TH STREET?+
The most recent tax bill on record (2023) was $656. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cedar Key?+
At $48,000, this home is listed about 88% below the Cedar Key median of $404,900. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the CEDAR KEY 32625 market on paper
$48,000 is 63% below the CEDAR KEY 32625 median of $128,900.
02Time on market is leverage
579 days on market against a Cedar Key median of 62 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $50,000, now $48,000 — a $2K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MAGNOLIA HOMES AND LAND LLC · Jessica Baker. MLS #OM691562.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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