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$425,000
42 Days On Site

12685 STATE ROAD 24
CEDAR KEY, FL 32625

For Sale|Hotel/Motel|Active
0
Beds
0
Full Baths
0
Partial Baths
2,544
SqFt
$167
/SqFt
1956
Built
Subdivision:
CORONET PARK
County:
Levy

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

12685 STATE ROAD 2412685 STATE ROAD 2412685 STATE ROAD 2412685 STATE ROAD 24
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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.

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Listing Snapshot
Price 
$425,000
Days On Site 
42 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,544 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.66 Acres
Year Built 
1956
MLS® Number 
V4940167
Status 
Active
Property Tax 
$11,088.91
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
0.66
Disclosures 
Flood DisclosureLead Paint
Property Condition 
Fixer
Property Sub Type 
Hotel/Motel
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
3008
Water Source 
Public
Interior Features
Appliances 
MicrowaveRefrigerator
Basement 
Crawl Space
Cooling 
Wall/Window Unit(s)
Flooring 
Ceramic Tile
Heating 
Space Heater
Window Features 
Window CoveringsBlindsWindow Treatments
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Exterior Features
Construction Details 
ConcreteWood Siding
Lot Features 
WoodedWaterfront
Road Frontage 
State Road
View 
Water
Waterfront 
Yes
Waterfront Features 
Ocean Front
Waterview 
Water
Windows/Doors 
Window CoveringsBlindsWindow Treatments
Community Features
Community Features 
Airport/RunwaySidewalks
Financing Terms Available 
Cash
MLS Area 
32625 - Cedar Key
Roads 
Asphalt
Township 
15S
Listing courtesy of YOUR REALT 3868460184



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-02-17 11:15 AM EST

Neighborhood & Commute
Source: Walkscore
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