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$325,000

  • Sold
  • Closed
  • Commercial
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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.

Full Property Details for 12685 State Road 24

General

  • Sold For: $325,000
  • Taxes: $11,088 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MidFloridaRegionalMLS
  • MLS ID: V4940167
  • Added to Site: 405 day(s) ago

Interior

  • Appliances: Microwave, Refrigerator
  • Flooring: Ceramic Tile

Additional Information

  • Security/Safety: Smoke Detector(s)

Location

  • Area: 32625 - Cedar Key
  • County: Levy
  • Development Name: 32625 - Cedar Key
  • Subdivision: CORONET PARK
  • Driving Directions: From Chiefland Head south on FL-345 S toward SW4th Ave Continue to follow FL-345 S Continue onto County Rd 345 County Rd 345 turns right and becomes FL-24 W Destination will be on the left

Community

  • Community Name: 32625 - Cedar Key
  • Community Features: Airport/Runway, Sidewalks
  • Management Type: Owner Manager
  • Mgmt. Company: Owner Manager

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Space Heater, Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water District: GULF OF MEXICO
  • Water: Public
  • Utility Description: BB/HS Internet Capable, Public

Structural Information

  • # Buildings: 8
  • Exterior Const.: Concrete, Wood Frame, Wood Siding
  • Windows: Blinds, Window Treatments
  • Square Feet: 2,544
  • Sq. Ft. Source: Public Records
  • Living Area: 2,544 Sq. Ft.
  • Year Built: 1956

Lot Features

  • Lot Size (Acres): 0.66
  • Lot Size (Sq. Ft.): 28,750
  • Lot Size: 28750
  • Frontage: State Road
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Gulf/Ocean to Bay
  • Water Front Name: GULF OF MEXICO
  • Water Front Desc.: Gulf/Ocean to Bay

Green Features

  • Water Conservation: Drip Irrigation, Whole House Water Purification

Financial Considerations

  • Tax Amount: $11,088.91
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Partnership
  • Special Conditions: None
  • Legal Description: 29-15-13 CORONET PARK BLK 2 LOTS 2, 3, 4, 17, 18 & 19 -MERMAIDS LANDING COTTAGES- OR BOOK 1462 PAGE 912
  • Flood Zone Info: AE
  • APN: 881600000
  • Property ID: 881600000
  • Block/Lot/Section: 2

Listed by Your Realt and Stellar Non-Member Office
Sold by Black Dog Real Estate Advisors, Inc.

Listing agents

— 12685 State Road 24 —

  • Your Realt

  • Stellar Non-Member Office

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12685 State Road 24

School District:Levy County School District
NameGradesDistance
Cedar Key High School
951 Whiddon Avenue, Cedar Key, FL 32625
PK-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12685 State Road 24

Date
Details
Price
Change
Source
4/03/2025
Sold
$325,000
-13.33%
MLS
2/21/2025
Price Reduced
$375,000
-11.76%
MLS
1/06/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Your Realt and Stellar Non-Member Office
Sold by Black Dog Real Estate Advisors, Inc.

Just Listed near 12685 State Road 24

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19511 SE 110th Ave, Inglis, FL 34449 - Photo 1 Just Listed
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19511 SE 110th Ave  Inglis, FL 34449

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  • Updated 2 days ago
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Price Reduced near 12685 State Road 24

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330 Hwy 40 E, Inglis, FL 34449 - Photo 1 Price Reduced
-$100,000 (-6.9%)
$1,349,000

330 Hwy 40 E  Inglis, FL 34449

  • Single Family
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  • Updated 6 days ago
  • 5
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5 Captains Cove Rd, Inglis, FL 34449 - Photo 1 Price Reduced
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5 Captains Cove Rd  Inglis, FL 34449

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  • Updated 5 days ago
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Recent Sales near 12685 State Road 24

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7790 SW 129th Ave, Cedar Key, FL 32625 - Photo 1 Sold
$346,000

7790 SW 129th Ave  Cedar Key, FL 32625

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,331
    Sq. Ft.
Listed by Cmtg Real Estate Group
Sold by Florida Homes Realty & Mortgage Gville
14390 SE 85th Terrace, Inglis, FL 34449 - Photo 1 Sold
$330,000

14390 SE 85th Terrace  Inglis, FL 34449

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,376
    Sq. Ft.
Listed by Remax Realty One
Sold by Stellar Non-Member Office
48 Azalee Ave, Inglis, FL 34449 - Photo 1 Sold
$290,000

48 Azalee Ave  Inglis, FL 34449

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,714
    Sq. Ft.
Listed and Sold by Bob Werner Homes
7550 NW 51 Ct, Chiefland, FL 32626 - Photo 1 Sold
$282,500

7550 NW 51 Ct  Chiefland, FL 32626

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,558
    Sq. Ft.
Listed by Hometown Realty Of North Florida, Inc
Sold by Stellar Non-Member Office

12685 State Road 24, Cedar Key, FL 32625 (MLS# V4940167) is a Commercial property that was sold at $325,000 on April 03, 2025. Want to learn more about 12685 State Road 24? Do you have questions about finding other Commercial real estate for sale in Cedar Key? You can browse all Cedar Key real estate or contact a Coldwell Banker agent to request more information.