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    Property profile & analytics

    640 6th St Cedar Key, FL 32625

    • Apartment buildings
    • 3,735 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 27, 2021
    $585,000
    Location Intelligence
    Property ID
    US18-2479070
    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

    • Apartment buildings

    Property Details for 640 6th St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    3,735 SF
    Property type
    Apartment buildings
    APN
    865400000
    APU
    865400000

    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
    -83.035
    Latitude
    29.1383
    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
    $13,322
    $0.00
    $0.00
    $653,595
    -
    $107,800
    $545,795
    $653,595

    Comparable in this City

    • Value Estimation by Request
      1,470 SF

      11918 State Rd 24

      APARTMENT HOUSE (5+ UNITS) • 1,470 SF
      11918 State Rd 24, Cedar Key, FL 32625-4781
      View Details
    • Value Estimation by Request
      1,280 SF

      834 8th St

      APARTMENT HOUSE (5+ UNITS) • 1,280 SF
      834 8th St, Cedar Key, FL 32625
      View Details
    • Value Estimation
      $65,000
      4,920 SF

      13449 Airport Rd

      APARTMENT HOUSE (5+ UNITS) • 4,920 SF
      13449 Airport Rd, Cedar Key, FL 32625-4868
      View Details
    • Value Estimation by Request
      2.12 Acres

      Lot J Cessna Dr

      Land • 2.12 Acres
      0 Lot J Cessna Dr, Cedar Key, FL 32625
      View Details
    • Value Estimation by Request

      Osprey Cir

      Land
      0 Osprey Cir, Cedar Key, FL 32625
      View Details
    • Value Estimation by Request

      Airport Rd

      Land
      0 Airport Rd, Cedar Key, FL 32625
      View Details

    Similar Nearby for Sale

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      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
    • $1,050,000
      1 SF

      Florida RV Park Portfolio

      30 RV Lots, High ROI, Gulf Coast
      11980 Shiloh Rd, Cedar Key, FL 32625
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    • $875,000
      1,470 SF

      Waterfront Duplex in Cedar Key

      Waterfront duplex on 0.51 acres, a turn-key rental property.
      11918 State Road 24, Cedar Key, FL 32625
      View Details
    • $39,000
      2.12 Acres

      Cedar Key Land: Fly-In Community

      2.12 Acres, Build Your Dream Home
      0 Lot J Cessna Dr, Cedar Key, FL 32625
      View Details
    • $449,000
      0.89 Acres

      Waterfront Acreage with Sunset Views

      Nearly an acre on navigable water with beautiful west views.
      Airport Rd, Cedar Key, FL 32625
      View Details
    • $112,500
      0.33 Acres

      Waterfront Lot in Gated Community

      Vacant lot with 100 feet of direct water frontage.
      0000 Lighthouse Rd, Cedar Key, FL 32625
      View Details
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    640 6th 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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