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.
Listed By
Agency Name: HOME ENV REALTY
Agency Contact: 352-577-9009
Shown By
Agent Name: Josh Castle
Agent Phone: (813) 407-7512
Agency Title: Florida Executive Realty
Estimated Payment
$ 1,046.89 per month $556.39 Principal & Interest $417.58 Property Tax $72.92 Homeowner's Insurance
1170 Whiddon Avenue | MLS# GC539563
This single family home located at 1170 Whiddon Avenue , Cedar Key, FL 32625 is currently listed for sale with an asking price of $250,000. This property was built in 1950 and has 2 bedrooms and 2 full baths with 962 sq. ft. Whiddon Avenue is located in the SOUTH FOWLERWAY subdivision. Search SOUTH FOWLERWAY real estate on jcastle.floridaexecutiverealty.com today.