$539,999
Island Living with Income Potential, Privacy & Incredible Elevated Views! Welcome to a truly unique Cedar Key property offering the rare combination of a beautifully renovated island home, substantial acreage, elevated construction, and versatile ground-level workspace. Whether you're searching for your own full-time island retreat, a vacation getaway, or a property with the potential to become a valuable short-term rental or income-producing asset, this one deserves your attention. Situated on a total of 1.52 acres, the property includes approximately 0.83 acres surrounding the home plus an additional 0.69-acre parcel to the east, providing an exceptional buffer and a greater sense of privacy. The land continues south toward the salt marsh, where mangroves create a thriving coastal habitat and provide a front-row connection to the natural beauty and wildlife that make Cedar Key so special. Originally constructed in 1977, the home underwent a major transformation in 2017, when it was raised from approximately 6 feet above mean high tide to roughly 18 feet above mean high tide. During the elevation project, the home was also extensively renovated, creating a comfortable and stylish island residence with the peace of mind that comes with its elevated design. The main living area offers 3 bedrooms and 2 bathrooms, with thoughtful upgrades throughout. The kitchen features solid wood cabinetry and marble countertops, while a custom solid-wood pocket door provides an attractive transition into the utility room and pantry. Both bathrooms have been updated with spacious walk-in showers and glass enclosures, and luxury vinyl plank flooring flows throughout the home. And then there are the views! From this elevated position, you'll enjoy a wonderful bird's-eye perspective through the surrounding treetops, whether you're preparing dinner in the kitchen, enjoying a meal with family, or relaxing with guests on the screened porch. The elevation provides a completely different perspective of the island and its surrounding coastal landscape. Below the living area is approximately 750 square feet of enclosed workshop and storage space, offering an abundance of room for tools, equipment, recreational gear, a workshop, storage, or other uses. A full-size garage door makes access especially convenient. An elevator connects the ground level to the living space, adding tremendous convenience for everyday living, unloading groceries, moving belongings, or simply making the home more accessible. Additional features include a whole-house water treatment system and portable generator, adding functionality and peace of mind. Location is another major advantage. Positioned just over one mile from downtown Cedar Key, this property puts you close enough to make an easy golf cart trip into town for waterfront dining, local shops, entertainment, and the laid-back island lifestyle Cedar Key is known for. For the buyer looking for a primary residence with room to breathe, a private island retreat, or a second home with income-producing potential, this property offers an exceptional combination of location, land, elevation, renovations, and versatility. Properties offering this much acreage, elevated living space, additional parcel value, and substantial ground-level storage/workshop space are hard to find on Cedar Key. Come experience the view, the privacy, and the possibilities for yourself! Note: AI generated photos included. Mostly to remove personal items.
3
Beds
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2
Baths
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799854
MLS
16448 Hodges Ave, Cedar Key