
850 3RD STREET 2, CEDAR KEY, FL 32625
TRES PALMAS CONDO · Levy County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1981
Stories
3
Living Area
1,696 sq ft
Lot Size
0.06 acres
Garage Spaces
1
Ownership
Condominium
Zoning
MUNICIPALI
Days on Market
88
MLS® Listing#
OM722059
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Rooms
- Bedroom 214x13Third
- Kitchen10x10Second
- Living Room16x16Second
- Master Bedroom14x13Second
Financial Details
HOA
Yes
Tres Palmas-Chuck 352-325-0960
Annual Taxes
$2,663
Tax year 2025
Parcel Number
17278-000-00
Directions
From State Hwy 19, turn west on SR 24, turn right on third St and Condo is on left right before you reach First Street
Affordability Calculator
$57,000
Estimated monthly payment
$1,517/mo
Principal $228,000 · Est. interest $318,080 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CEDAR KEY, FL
- $930,769
- Median Listing Price
- 123
- Median Days on Market
- 1,540
- Median Sq Ft
- $696
- Median Price / Sq Ft
- 789
- Active Listings
- This home’s price is 69% below the area median.
- Its price per sq ft is 76% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CEDAR KEY, FL.
Location
Points of Interest in CEDAR KEY, FL
Showing the CEDAR KEY area map.
Nearby Schools
Cedar Key High School
Secondary · 0.4 mi away
Creekside Christian School
School · 20.4 mi away
Yankeetown School
Elementary · 22.0 mi away
Chiefland Elementary School
Elementary · 25.8 mi away
Chiefland Middle High School
Secondary · 26.3 mi away
Whispering Winds Charter School
Elementary · 27.4 mi away
Marine Science Station
School · 28.6 mi away
Academy of Environmental Science
School · 28.8 mi away
Nature Coast Middle School
Secondary · 28.9 mi away
West Coast Christian School
School · 31.2 mi away
Crystal River Middle School
Secondary · 31.5 mi away
County of Dixie
School · 31.5 mi away
Old Town Elementary School
Elementary · 31.8 mi away
Crystal River High School
Secondary · 31.8 mi away
Crystal River Primary School
Elementary · 32.1 mi away
Dixie County Learning Academy
School · 32.5 mi away
Levy County
Secondary · 32.9 mi away
Bronson Elementary School
Elementary · 33.3 mi away
Bronson Middle/High School
Secondary · 33.5 mi away
Ruth Rains Middle School
Secondary · 34.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 103950 OVERSEAS HIGHWAY RU62, KEY LARGO, FL | $199,900 | 1 | — | — |
| 1170 WHIDDON AVENUE, CEDAR KEY, FL | $240,000 | 2 | 2 | 962 |
| 13555 Perdido Key Drive A13U, Perdido Key, FL | $248,500 | 1 | 1 | 654 |
| 13555 Perdido Key Dr A13U, Perdido Key, FL | $248,500 | 1 | 1 | 654 |
| 14100 River Road 114- A Building, Perdido Key, FL | $249,900 | 2 | 2 | 1,157 |
| 14100 River Rd 114-A, Perdido Key, FL | $249,900 | 2 | 2 | 1,157 |
Moving Cost Estimate
EXIT Agents in CEDAR KEY
Listing Courtesy: FLORIDA HOMES REALTY & MORTGAGE - 904-996-9144
Last Updated: 2026-04-03

















