12685 STATE ROAD 24 , Cedar Key, FL 32625

  • $375,000
  • $425,000
12685 STATE ROAD 24 , Cedar Key, FL 32625
Closed For Sale Fixer

12685 STATE ROAD 24 , Cedar Key, FL 32625

12685 STATE ROAD 24 , Cedar Key, FL 32625
  • $375,000
  • $425,000

Overview

Property ID: V4940167
  • Hotel/Motel, Commercial Sale
  • Property Type
  • 3008
  • Sqft
  • 1956
  • Year Built

Description

It is time to enjoy your dream of owning a business steeped in Old Florida charm and history come to fruition in Cedar Key, a chain of barrier islands known to be a nature lover’s oasis! This property zoned for commercial hotel/motel use allows for the full time occupancy of an owner or inn-keeper delivering possibilities to bring your island and coastal living hospitality vision to life! The lush, landscaped resort features 8 stand alone buildings enchanting you with 1950’s cracker style cottages nestled along the back bay of the Gulf of Mexico, on the historic registry,& brimming with timeless character. Despite having endured damage from Hurricane Helene in 2024, their unique charm and potential still remain undeniable. Currently, 2 cottages are fully functional & a 3rd almost there providing the opportunity to reside on-site during restoration or construction while working on your vision and producing income. The possibilities are evident by the remarkable history of cash flow. Make your dreams a reality with 8 buildings total & offering infrastructure for one more individual cottage that was removed post Hurricane Helene, providing potential of 9 doors. An inventory of furnishings and equipment is available, giving you the insight into the resources already in place. Whether you envision restoring the cottages to their former glory or re-imagining the property for a new purpose, accept this invitation to own a piece of something truly special. A paradise brimming with promise while experiencing extraordinary fishing, birdwatching, nature trails, and more in your new Gulf Coast oasis.

  • Address 12685 STATE ROAD 24
  • City Cedar Key
  • State/county FL
  • Zip/Postal Code 32625
  • Area CORONET PARK
  • Country US

Details

Updated on April 4, 2025 at 3:31 pm
  • Property ID: V4940167
  • Price: $375,000
  • Property Size: 3008 Sqft
  • Land Area: 0.66 Acres
  • Garage Size: x x
  • Year Built: 1956
  • Property Type: Hotel/Motel, Commercial Sale
  • Property Status: Closed, For Sale
  • MLS#: V4940167

Additional details

  • Listing Terms: Cash
  • Utilities: BB/HS Internet Capable,Public
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Space Heater,Wall Units / Window Unit
  • Flooring: Ceramic Tile
  • County: Levy
  • Property Type: Commercial Sale
  • Community Features: Airport/Runway,Sidewalks
  • Waterfront: Gulf/Ocean to Bay

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