What a great deal on a beautiful loft bedroom condominium at Cedar Cove in historic Cedar Key, Florida! This open Gulf-front condo is waiting for you, fully furnished and ready for vacation rental! Just steps from downtown island food, drinks and fun, you'll be right next door to City Park, with its beach, playground, basketball and pickle ball courts and picnic pavilions! Take a stroll to the coffee shop, bakery, library, and your choice of excellent restaurants. Everything is an easy walk from Cedar Cove! Sit on your covered balcony over the saltwater and watch the sea gulls, pelicans and egrets going about their day. Watch for groups of gliding dolphins at play, too! What a way to spend precious downtime! This beautiful unit has been well cared for, and has enjoyed recent upgrades, even including a new mini-split air conditioning system! The building has recently had updates, as well--including new exterior doors and a new roof, and new exterior railings on the street side. Upcoming improvements include new siding and paint, and new storage room doors. The association is in the process of purchasing the ground floor of this building, and open it up for patio use, essentially making the building only two stories. This change will trigger a change in classification with the state, and a reduction in monthly fees is expected. Until then, the seller is offering a $4,500 credit at closing to reduce the monthly fees for a full year! Also, part of these changes is a separation from the Cedar Cove development, so a new name will be unveiled soon! Use the unit for your own private getaway for up to four months per year, and while you are away, put it in a rental program and make income! Prefer to handle your own rentals with or ? It's your choice here! Maybe it's time to treat yourself to some rest and a salt breeze! Ahhhhh!