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1173 Palmetto Dr, Cedar Key, FL, 32625

$496,000

Home List Price

$5,890*

Closing Credit

2 Bedrooms
1 Full Bath
756 SqFt
$656/SqFt
House
Schools Nearby

Location

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1173 Palmetto Dr, Cedar Key$496,000

Buyer Closing Credits

$5,890*

1.25% Loan Amount

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Property Highlights

ParkingOff Street
Year Built1971
HeatingSpace Heater(s), Window Unit(s)
CoolingWall/Window Unit(s)
MLS #O6096748
Lot Size0.25 Acres
StatusActive

About 1173 Palmetto Dr

Property for sale at 1173 Palmetto Drive, Cedar Key, FL, USA. LOCATION, LOCATION, LOCATION! This is a unique property that has few equals in the entire state. Enjoy an unobstructed view of the Gulf of Mexico from your front deck. Own real estate that is directly on the Gulf of Mexico in your front yard and also own property on a navigable canal in the backyard. Dock your boat behind the house on the canal that offers a quick ride to the open Gulf. Launch your boat in the boat ramp that you own- Rare in Cedar Key. This property is a Gem and on a desirable street in Cedar Key. Sit on the large deck any time of day and watch the varied and vibrant wildlife frolic- Ospreys dive bombing for fish while eagles try to steal them! Pods of dolphins patrolling the waters for mullet. This is a mobile home that had a major upgrade in 2013. On the Inside 4 inch framed walls and new windows were added. Outside T111 siding added. The original mobile home is sandwiched in between. Take a close look at the map and pictures to see the unique positioning of Palmetto Drive. Peaceful, quiet, & serene with spectacular views, properties like this are few and far between. This is an opportunity to own a unicorn of a property that only comes available on rare occasions. For the last several years, this property (Goose Cove Cottage) has been a supremely highly rated vacation property on VRBO. It averages about $3,000 per month in gross rents. It has 136 reviews averaging 4.7 rating. If you chose to continue using it as a vacation rental, you are also buying an active operating business, that has a following of guests that love to vacation here. Everything in it comes with it. .

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 756 SqFt

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Parking Information:

  • Parking: Off Street

Virtual/3D Tour

  • Virtual Tour: 1173 Palmetto Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Space Heater(s), Window Unit(s)
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Cedar Key High School, Public District Grades PK-12

Other

Directions Information:

  • Directions: you come into Cedar Key on Hwy 24 turn right at the convenience store with gas pumps. Go to the dead end and take a left, then as soon as you cross a small bridge turn left and go to 3rd house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $496,000
  • Price Per SqFt: $656/SqFt

Tax Information:

  • Annual Amount: $3,144
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6096748

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/26/2024, 6:19:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2002Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,144$134,923
2019$3,127$133,564
2018$3,210$133,564
2017$3,191$133,564

History based on county public records data.

Payment Calculator

$2,543

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,554

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-825005
7
/10

  • Cedar Key High School

  • 951 Whiddon Ave

  • 0.23 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,288. The majority of Levy County, FL residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1173 Palmetto Dr

What is the listing price of this property?

The listing price of 1173 Palmetto Dr property is $496,000.

What type of property is this?

The property 1173 Palmetto Dr is a house located in Cedar Key, Florida, 32625.

Is this property for sale now?

Active Listing: 1173 Palmetto Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1173 Palmetto Dr are:
Cedar Key High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,144 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2002 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1173 Palmetto Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1173 Palmetto Dr is 756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1173 Palmetto Dr is 1971.

Rocket Homes›Florida›Levy County›Cedar Key›32625›1173 Palmetto Dr

This home is located at 1173 Palmetto Dr in Cedar Key, FL and zip code 32625. This 756 square foot home, which was built in 1971, sits on a 0.25 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 14, 2023 and is currently priced at $496,000.

Over 4 listings were sold over their listed price in March 2024 in Levy County, FL. In the same period over 21 listings were sold below the listed price and 6 listings were sold for the listed price. Between February 2024 and March 2024, Levy County, FL real estate market has seen increase in the number of listings by 5.1%. While the average time on the market in March 2024 was 51 days, the median list price was $240,250.

From Rocket Homes Real Estate and based on county public records data.

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