82 2ND STREET UNIT D5, CEDAR KEY, FL, 32625
Active84 days on marketListed Apr 30, 2026MLS #TB8501463
About this home
82 2ND STREET UNIT D5
**HOA Includes Insurance!** Welcome to your slice of paradise in Cedar Key! This beautifully renovated waterfront condo offers the perfect blend of personal getaway and income-producing opportunity—enjoy up to 120 days per year for yourself and rent it out the rest of the time. Step inside to coastal charm, where French doors lead to your private balcony with breathtaking water views. This turnkey unit comes fully furnished, making it truly move-in or rent-ready. Unwind in comfortable, stylish spaces or prepare meals in the full kitchen featuring a refrigerator, stove, oven, and microwave. Ceramic tile flooring and fresh interior paint create a clean, modern coastal feel throughout. Convenience is key, with elevator access just steps away for easy day-to-day living. Cedar Key is a dream destination for nature lovers and outdoor enthusiasts. From bird watching and fishing to boating and kayaking, adventure awaits at every turn. The public beach, marina, and boat ramp are all nearby, along with scenic nature trails, state parks, and wildlife refuges. Immerse yourself in the island’s vibrant arts scene, with local galleries, studios, and events showcasing the creativity and charm of this unique coastal community. **Highlights:** MESMERIZING WATER VIEWS, BRAND NEW FRONT DOOR, FULLY FURNISHED, ELEVATOR ACCESS, PROXIMITY TO PUBLIC BEACH, EASY ACCESS TO MARINA AND BOAT RAMP, NATURE LOVER’S PARADISE, VIBRANT ARTS AND CULTURE SCENE **Investment Opportunity:** This property is a condominium hotel (“condotel”) with owner-use limitations (currently up to 120 days per year) and rental-focused guidelines. Financing and insurance options may differ from traditional condos. Buyers are encouraged to review all association rules and details. See Condotel Disclosure Addendum for more information. This waterfront condo offers comfort, convenience, and coastal living at its best—don’t miss your chance to own a piece of Cedar Key while generating income at the same time!
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
480
Sqft
0.01 ac
Lot size
1982
Year built
One
Levels
$269
Per sqft
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.
$936 /mo · 30% down, 30-yr fixed at 6.9%
Why the rate is different here
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote for a condo-hotel in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$936/mo
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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Cedar Key actives
$269 vs $259
Days on market
84 vs 62 typical
Where $269/sqft sits among the 11 Cedar Key actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
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)
7 of 11
Cedar Key actives have cut their price
Median sold price, Cedar Key, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 4% above the CEDAR KEY 32625 median. See the full Cedar Key market guide →
Paper trail
This home's history
Reality check
What actually sold near 82 2ND STREET UNIT D5
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
2 bd · 2 ba · 928 sqft · $593/sqft · 95 DOM
Sold · Mar ’26$208,500
1149 SHELL CREST AVENUE
2 bd · 2 ba · 1,104 sqft · $189/sqft · 344 DOM
Sold · Sep ’25$190,000
511 1ST STREET
2 bd · 1.5 ba · 1,152 sqft · $165/sqft · 54 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
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 82 2ND STREET UNIT D5 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 82 2ND STREET UNIT D5 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
82 2ND STREET UNIT D5 FAQs
What would the monthly payment be for 82 2ND STREET UNIT D5?+
With 30% down on a 30-year condo-hotel loan at 6.9%, the all-in payment lands around $936/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 82 2ND STREET UNIT D5?+
The most recent tax bill on record (2025) was $2,182. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 82 2ND STREET UNIT D5?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Cedar Key?+
At $128,900, this home is listed about 68% 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
01Water views
The water view is part of what you're buying — views hold value independently of the structure.
02The trade-off to know about
Condo-hotel units use specialty financing — expect a larger down payment and a rate premium, or an all-cash purchase. Our lender partners quote these weekly; the cost panel below reflects standard financing, so ask us for the real quote.
03The price has already moved
Listed at $144,900, now $128,900 — a $16K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of EPIQUE REALTY INC. · Stacy Gervais. MLS #TB8501463.
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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