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    Property profile & analytics

    409 1st St Cedar Key, FL 32625

    • Retail space
    • 2,000 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 18, 2023
    Location Intelligence
    Property ID
    US18-3842722
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marina Hardware At Cedar Key / Hardware Store

    Property Details for 409 1st St

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    2,000 SF
    Property type
    Retail space
    APN
    851200000
    APU
    851200000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Key
    County
    Levy
    State
    Florida
    Longitude
    -83.0312
    Latitude
    29.1365
    CBSA code
    23540
    CBSA name
    GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,904
    $0.00
    $0.00
    $327,210
    -
    $180,000
    $147,210
    $327,210

    Comparable in this City

    • Value Estimation
      $225,000
      1,200 SF

      8331 County Rd 347

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      8331 County Rd 347, Cedar Key, FL 32625-4100
      View Details
    • Value Estimation by Request
      9,016 SF

      7090 State Rd 24

      RETAIL STORES (PERSONAL SERVICES) • 9,016 SF
      7090 State Rd 24, Cedar Key, FL 32625-2503
      View Details
    • Value Estimation
      $140,000
      576 SF

      7230 111th Ter

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      7230 111th Ter, Cedar Key, FL 32625
      View Details
    • Value Estimation by Request
      600 SF

      7050 C St

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      7050 C St, Cedar Key, FL 32625
      View Details
    • Value Estimation by Request
      1,964 SF

      471 Dock St

      RETAIL STORES (PERSONAL SERVICES) • 1,964 SF
      471 Dock St, Cedar Key, FL 32625
      View Details
    • Value Estimation by Request
      2,562 SF

      518 2nd St

      GROCERY, SUPERMARKET • 2,562 SF
      518 2nd St, Cedar Key, FL 32625-5120
      View Details

    Similar Nearby for Sale

    • $679,000
      Pending

      Gulf Front Restaurant Opportunity

      Iconic waterfront building in historic Cedar Key ready for restoration.
      450 Dock St, Cedar Key, FL 32625
      View Details
    • $54,900
      1.09 Acres

      Aviation Land Near Cedar Key

      1.09 acre aviation lot near Cedar Key, Florida.
      28 102Nd Ct, Cedar Key, FL 32625
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    • $59,000
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      Corner Lot in Cedar Key

      Corner lot on higher ground, convenient to Cedar Key.
      2 Ingleside Dr, Cedar Key, FL 32625
      View Details
    • $75,000
      0.27 Acres

      Cedar Key Canal Access Lot

      0.27 acre lot with canal access in Cedar Key.
      Paroda Ave, Cedar Key, FL 32625
      View Details
    • $299,000
      0.39 Acres

      Waterfront Lot in Cedar Key

      0.39-acre wooded waterfront lot with bayou views in Cedar Key.
      Hodgson Ave, Cedar Key, FL 32625
      View Details
    • $325,000
      2,146 SF

      Commercial Building in Cedar Key, FL

      Commercial building with sandwich shop and remodeled Airbnb units in Cedar Key.
      509 3Rd St, Cedar Key, FL 32625
      View Details
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    409 1st St
    Cedar Key, FL 32625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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