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Ben Aicher

benaicherrealtor@gmail.com +1(614) 563-2908

$250,000

Est. payment - /mo

2 Beds

2 Baths

962 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 962 sqft

Price per Sqft $259

Subdivision South Fowlerway

MLS Listing ID GC539563

Bedrooms 2

Full Baths 2

Construction Status Completed

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,011

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

This Cedar Key property presents a rare opportunity for buyers looking to rebuild or reimagine a coastal home in one of Florida's most unique waterfront communities. Previously impacted by storm damage, the property is now positioned for potential repair or reconstruction under current FEMA and local guidelines. Based on guidance from local officials, rebuilding may be possible depending on the scope of work and overall project cost relative to the structure's pre-storm value. This creates a unique opportunity for buyers to design and execute a project that fits within those parameters—whether restoring the existing footprint or creating a thoughtfully updated coastal retreat. The value calculation is based on the structure only (excluding land), giving buyers a clear framework to explore renovation or rebuilding options. Due to FEMA regulations and the 50% rule, buyers are encouraged to work with the City of Cedar Key, contractors, and design professionals to fully understand allowable improvements, elevation requirements, and permitting options. If you've been looking for a project with flexibility, upside, and the ability to create something truly your own, this is an opportunity worth exploring.

Location

State FL

County Levy

Community South Fowlerway

Area 32625 - Cedar Key

Zoning R-1

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor

Heating Central, Electric, Propane

Cooling Central Air, Mini-Split Unit(s)

Flooring Concrete

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Hurricane Shutters, Storage

Parking Features Driveway, Off Street

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Canal - Saltwater

View Y/N Yes

Water Access Yes

Water Access Desc Canal - Saltwater

View City, Water

Roof Type Metal

Porch Front Porch, Screened

Garage false

Private Pool No

Building

Lot Description Cleared, Flood Insurance Required, FloodZone, City Limits, Landscaped, Level, Paved

Entry Level One

Foundation Slab, Stem Wall

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Architectural Style Cottage

Structure Type Block,Concrete,HardiPlank Type,Stucco

New Construction false

Construction Status Completed

Schools

High Schools Cedar Key High School-Lv

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Special Funding

Listing Terms Cash, Special Funding

Special Listing Condition None

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Listed by Chad Shaffer HOME ENV REALTY

NEARBY SCHOOLS & PROPERTIES

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Ben Aicher

+1(614) 563-2908

Realtor | Senior Agent

1170 WHIDDON AVE Cedar Key, FL 32625

Ben Aicher

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1170 WHIDDON AVE