850 3RD STREET
CEDAR KEY, FL 32625
About this home
Significant Price Improvement- Waterfront Cedar Key Living at an Exceptional New Value. 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.
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,120 sqft
- Heating
- Electric, Zoned
- Cooling
- Central Air, Zoned
- Flooring
- Carpet, Tile, Wood
- Stories
- 3
- Features
- Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Vaulted Ceiling(s), Window Treatments
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range…
Exterior & lot
- Lot size
- 2,500 sqft (0.06 ac)
- Waterfront
- Yes
- Roof
- Shingle
- Construction
- HardiPlank Type
- Exterior
- Balcony
Parking
- Garage
- 1 space
Financial
- Annual tax
- $2,663 (2025)
- Price / sqft
- $254/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Property
- Property type
- Condo
- Year built
- 1981
- Subdivision
- TRES PALMAS CONDO
- County
- Levy
Listing
- Status
- Active
- Days on market
- 126 days
- MLS #
- MFR786527997
- Source
- Stellar MLS
Listed by Beth Klaus · FLORIDA HOMES REALTY & MORTGAGE
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 25 comparable sales within 3 miles of CEDAR KEY, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $1,517/mo
- Property tax
- $214/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 7, 2026 | Price reduced | $285,000 | −$63,500 |
| Apr 3, 2026 | Listed | $348,500 | — |
NeighbourhoodSample data
Reference scores for CEDAR KEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.