Cedar Key Homes under $500,000

Cedar Key Homes under $500,000

Welcome to Cedar Key, Florida, a hidden gem nestled on the Gulf Coast in Levy County. Known for its picturesque landscapes, charming small-town vibe, and rich history, Cedar Key is a haven for nature lovers and those seeking a tranquil lifestyle. With its stunning sunsets, pristine beaches, and abundant wildlife, this quaint island community offers a unique blend of relaxation and adventure.

Cedar Key is not just a place to visit; it’s a place to call home. For those looking to settle down in this idyllic location, you'll be delighted to discover a range of homes available for under $500,000. Whether you're seeking a cozy cottage by the water or a spacious family home surrounded by lush greenery, Cedar Key has something to suit every taste and budget.

Imagine waking up to the sound of gentle waves and the scent of salty air, all while being just a short stroll from local shops, restaurants, and the vibrant arts scene. The community is known for its friendly residents and welcoming atmosphere, making it easy to feel right at home.

Outdoor enthusiasts will appreciate the plethora of recreational activities available, from fishing and boating to kayaking and birdwatching. With the nearby Cedar Key National Wildlife Refuge, adventure is just around the corner.

Explore the charm of Cedar Key and discover your dream home today. With affordable options under $500,000, this enchanting coastal town is ready to welcome you with open arms. Don’t miss your chance to be part of this thriving community!

Newest Cedar Key Homes under $500,000

4051 D Street, Cedar Key
$495,000
6 Beds ⋅ 4 Baths ⋅ Map Of Southern Part Of Cedar Key SubDv. ⋅ 32625 Zip Code
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.

4051 D Street, Cedar Key
10550 Sw 52nd Place, Cedar Key
$410,000
2 Beds ⋅ 2 Baths ⋅ 32625 Zip Code
Virtually Staged. Virtually Staged. Peaceful Country Living on 9.5 Acres Near Cedar Key! Enjoy privacy and plenty of room to spread out with this charming 2-bedroom, 2-bath concrete block home in Rosewood, Florida. Surrounded by natural beauty and abundant wildlife, this property offers a relaxed rural setting while still being within easy reach of shopping, recreation, and the Nature Coast. This home offers a comfortable open floor plan with a fully equipped kitchen, ample cabinetry, breakfast bar, and adjoining dining area. Recent updates include a NEW METAL ROOF (2025), NEW HVAC SYSTEM (2024), NEW WATER HEATER (2026), NEW WELL TANK (2026), NEW WATER SOFTENER (2026), and NEW WELL PUMP & CARBON FILTER (2022). Fresh interior paint and LED lighting add a bright, modern feel, while a thoughtfully renovated closet provides improved organization and functionality. The property also includes an extra brand-new well pump, pressure tank, and chlorine pump, along with a generator-ready subpanel for added convenience during power outages. Two wells provide additional versatility and peace of mind, making this a well-maintained and thoughtfully updated home. The property also offers exceptional parking and storage, with a 2-car attached garage, an 18' x 20' carport, a 16' x 24' detached garage/shop with concrete parking pad, and a 40' x 80' lime rock pad ready for a pole barn. A separate 480-square-foot air-conditioned workshop/office, built in 2024, provides flexible space for an office, studio, hobbies, equipment, or storage. Just a short drive from Chiefland, the Suwannee River, and Cedar Key, where fishing, boating, and small-town coastal charm await. BONUS: The home has an assumable mortgage, subject to lender approval and buyer qualification.

10550 Sw 52nd Place, Cedar Key
6150 Sw 126th Avenue, Cedar Key
$372,900
3 Beds ⋅ 2 Baths ⋅ 32625 Zip Code
Private 10-Acre Rural Homestead Near Cedar Key Discover the privacy and potential of this exceptional 10-acre rural property located at the end of a quiet dead-end road just minutes from Cedar Key and approximately 6 miles inland from the Gulf Coast. Surrounded by the natural beauty of nearby conservation lands and state forests, this property is a peaceful setting for those seeking a country lifestyle with modern conveniences already in place. The property includes a 1,288-square-foot home built in 1979 and is equipped with a private well, septic system, electricity, and high-speed fiber internet, making it ready for immediate use. Approximately five acres are fenced, excellent opportunities for livestock, gardening, recreational activities, or establishing a homestead. Additional improvements include a detached two-car garage/workshop, multiple storage buildings, and a single-wide structure currently utilized for storage. A solar-powered structure on a permanent foundation provides flexible space that could serve as a home office, studio, hobby room, or other permitted uses. Mature trees throughout the property provide shade, privacy, and a picturesque natural landscape. Whether you're looking for a full-time residence, weekend retreat, investment opportunity, or private homestead, this versatile property has endless possibilities while remaining conveniently close to Cedar Key's renowned fishing, boating, waterfront dining, and outdoor recreation. Buyer to verify all measurements, zoning, permitted uses, and property improvements.

6150 Sw 126th Avenue, Cedar Key
7890 Sw 129th Avenue, Cedar Key
$455,000
3 Beds ⋅ 2 Baths ⋅ Cedar Key Heights Sec B SubDv. ⋅ 32625 Zip Code
Welcome to this nearly new 2023 block home located in a desirable homes-only, deed-restricted community in Cedar Key! Offering 3 bedrooms, 2 bathrooms, and 1,912 square feet of living space (3,088 total under roof), this home blends quality construction with thoughtful design and modern finishes. Step inside to an open-concept living, dining, and kitchen area featuring soaring 10’8” ceilings and durable luxury vinyl plank flooring throughout. The kitchen is designed for both function and style with white shaker cabinets, quartz countertops throughout, a spacious walk-in pantry with custom wood-stained shelving, and an impressive 8-foot island perfect for entertaining. The primary suite is a true retreat, complete with a tray ceiling, oversized walk-in closet, and a luxurious ensuite bath featuring an 8-foot vanity with a linen cabinet and a custom tile walk-in shower. The guest bathroom is equally well-appointed with a custom tile tub/shower combination. Additional interior features include a dedicated laundry room with tile floors, cabinetry, and built-in shelving for added convenience and storage. Enjoy outdoor living on the screened-in porch overlooking a huge fenced backyard—ideal for pets, gatherings, or future additions. The home also features elegant travertine steps and front porch, a carport, and a gravel driveway all tied in together with beautiful landscaping. A standout feature is the 12x16 detached shop, fully finished with drywall, LVP flooring, and air conditioning—perfect for a home office, gym, or hobby space. Located in Flood Zone X for added peace of mind, this property offers both comfort and convenience in a quiet Cedar Key setting.

7890 Sw 129th Avenue, Cedar Key
82 2nd Street Unit D5, Cedar Key
$119,900
1 Beds ⋅ 1 Baths ⋅ Cedar Cove Efficiency Condo 02 SubDv. ⋅ 32625 Zip Code
**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!

82 2nd Street Unit D5, Cedar Key
850 3rd Street Unit 2, Cedar Key
$264,900
2 Beds ⋅ 2 Baths ⋅ Tres Palmas Condo SubDv. ⋅ 32625 Zip Code
Significant Price Improvement- Fully Furnished & Move-In Ready Waterfront Cedar Key Condo! Enjoy sweeping open water views and breathtaking sunsets from your private balcony in beautiful Cedar Key. This stunning 2BR/2BA condo with loft offers 3 levels of coastal charm, soaring ceilings, abundant natural light, and an open airy feel that perfectly captures island living. Enjoy a bright and efficient kitchen with all appliances included, spacious living areas, newer A/C, and a rare 1 car garage for added convenience-perfect for storing your golf cart, fishing gear, or kayak with easy access to the water just steps away. The loft adds flexible space for guests, office or additional living area. Just minutes by golf cart to downtown restaurants, boutiques, fishing and the laid-back coastal lifestyle Cedar Key is known for. HOA includes exterior maintenance and flood insurance making ownership easy and stress-free. Unforgettable front-row sunsets, island charm and the relaxed lifestyle you've been dreaming of-this is Cedar Key at its best.

850 3rd Street Unit 2, Cedar Key
11 Old Mill Drive Unit 9C, Cedar Key
$354,900
2 Beds ⋅ 2 Baths ⋅ Old Fenimore Mill Condo SubDv. ⋅ 32625 Zip Code
Perfectly remodeled 2 bedroom/2 bathroom condo in Old Fenimore Mill Cedar Key Florida. Cedar Key is the perfect coastal town, seemingly lost in time. Its quaint community offers a true taste of Old Florida , with shops , dining, medical office,, coffee shops and more. It will quickly become an escape from the busy world around you. This condo is immaculate and in excellent condition. As you enter the unit you will see a beautiful foyer and notice the gorgeous tile flooring throughout. A guest bathroom perfectly located in the flood plan near the front door and a gorgeous guest bedroom with tons of natural Florida sunshine. Down the hallway you see the master bedroom which is very spacious, walk in closet and a master bathroom with a gorgeous makeup vanity and sink, combo tub/shower. Laundry room has stacked washer and dryer (included) and plenty of room for storage. Living room is spacious with a priceless view of the coast. Ample space in the dining room. The kitchen was remodeled with convenience in mind, beautiful quartz countertops, smart stove, gorgeous backsplash with a coastal flare, additional plug ins along the bar and a nice open view to the living room and dining room. The balcony is sure to be your most favorite spot, sit and relax and enjoy the sounds of the Gulf of Mexico, the wildlife and peace. Community amenities, like amazing pool and hot tub, boat dock and fish cleaning station, a freshly added swing to enjoy the outdoors! Whether considering your forever home, seasonal home or short term rentals , THIS unit ensures LOW maintenance and is MOVE IN READY! Call today for your tour! "Some images may have been virtually staged and/or decluttered"

11 Old Mill Drive Unit 9C, Cedar Key
6550 Sw 100th Court, Cedar Key
$365,000
2 Beds ⋅ 3 Baths ⋅ N/A SubDv. ⋅ 32625 Zip Code
30 Acres Near Cedar Key, FL | Fully Furnished Hunting Retreat | Minutes to Hunt Clubs & Gulf Fishing. If you’re an avid hunter who enjoys peace, quiet, and the convenience of having your own private retreat, this 30-acre property is the perfect fit. This rustic lodge is ideally located just minutes from several large hunt clubs in Levy County, making it a dream setup for any outdoorsman. Only 6.5 miles away, the charming coastal town of Cedar Key offers access to the Gulf of Mexico’s best fishing, dining, and small-town coastal charm. Inside, the spacious cabin features a large open kitchen, living, and dining area ideal for gathering with family and friends. There are two bedrooms with private full baths. Most furnishings will convey with the property, excluding select personal items the seller will be keeping. After a long day in the woods or on the water, unwind on the front porch, the perfect place to relax and swap hunting stories as the sun sets. Whether you’re looking for a weekend hunting camp or a forever home in the country, this property delivers the best of both worlds.

6550 Sw 100th Court, Cedar Key
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