4051 D STREET, CEDAR KEY, FL, 32625
Active48 days on marketListed Aug 26, 2026MLS #OM730985
About this home
4051 D STREET
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.
Facts & features
The home at a glance
6
Bedrooms
2,036
Sqft
0.29 ac
Lot size
1945
Year built
Multi/Split
Levels
$243
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,067 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,067/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Cedar Key actives
$243 vs $264
Days on market
48 vs 173 typical
Where $243/sqft sits among the 8 Cedar Key actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Cedar Key
Get to know Cedar Key. See the full Cedar Key guide →
CEDAR KEY 32625 — neighborhood snapshot
Population
1,255
Median age
62.3
Median income
$59,036
Median home value
$267,200
Avg household
1.83
Households w/ children
49%
The numbers that matter
The Cedar Key market
$309K → $75K
Cedar Key median sold, yr/yr
89.2%
Sale-to-list ratio (12 mo)
8 of 8
Cedar Key actives have cut their price
Median sold price, Cedar Key, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 193% above the CEDAR KEY 32625 median. See the full Cedar Key market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4051 D STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4051 D STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4051 D STREET FAQs
What would the monthly payment be for 4051 D STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,067/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4051 D STREET?+
The most recent tax bill on record (2025) was $9,290. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Cedar Key?+
At $495,000, this home is listed about 26% above the Cedar Key median of $391,450. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$495,000 runs 193% above the CEDAR KEY 32625 median — but at 2,036 sqft it's also 61% larger than the typical Cedar Key listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $550,000, now $495,000 — a $55K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CMTG REAL ESTATE GROUP · Gena Bullard. MLS #OM730985.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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