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$349,999 Just Listed
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Property Description
Mixed-use restaurant property in Cedar Key just steps from the marina and coastal attractions. Fishbonz features an established restaurant space on the ground level, plus two finished apartments that provide rental income. Strong tourism traffic, walkable location, and limited commercial inventory make this an attractive owner-user or investment opportunity in a tightly held coastal market.
Full Property Details
Full Property Details for 505 3rd St
General
- Price: $349,999
- Taxes: $2,289 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: GC539939
- Updated: 5/7/2026
- Added to Site: 3 day(s) ago
Location
- Area: 32625 - Cedar Key
- County: Levy
- Development Name: 32625 - Cedar Key
- Subdivision: MAP/SOURN PART/CITY/CEDARY KEY
- Driving Directions: I-75 North toward SR-24 West, SR-26 West 0.9 miles Take exit 384 onto SR-24, Archer Rd toward Archer 0.4 miles Turn left onto SW Archer Rd toward Archer 52 miles Turn left onto Third St 3 Fishbonz On Third 509 Third St, Cedar Key
Community
- Community Name: 32625 - Cedar Key
Heating & Cooling
- Cooling Type: Mini-Split Unit(s), Other
Structural Information
- # Buildings: 1
- Exterior Const.: Other
- Square Feet: 2,330
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,755
- Lot Size: 3755
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,289
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 32-15-13 CEDAR KEY BLK 16 LOTS 1 & E1/2 OF LOT 2 OR BOOK 1603 PAGE 66
- Flood Zone Info: VE
- APN: 860000100
- Property ID: 860000100
- Block/Lot/Section: 16
Listed by Coldwell Banker M.M. Parrish Realtors and Tioga Realty Llc
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Schools
Schools serving 505 3rd St
School District:Levy County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Key High School 951 Whiddon Avenue, Cedar Key, FL 32625 | PK-12 | 0.4 mi |
Levy Virtual Instruction Program 480 Marshburn Drive, Bronson, FL 32621 | K-5 | 32.6 mi |
Levy Virtual Instruction Program (District Provided) 480 Mashburn Dr, Bronson, FL 32621 | K-6 | 32.6 mi |
Levy Virtual Franchise 480 Mashburn Dr, Bronson, FL 32621 | 6-12 | 32.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 3rd St
Date
Details
Price
Change
Source
5/06/2026
Listed
$349,999
218.18%
MLS
9/16/2021
Sold
$110,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,961
-42%
$97,529
-39%
2024
$3,391
-1%
$160,716
-1%
2023
$3,417
—
$161,952
4%
2022
$3,411
—
$155,896
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 3rd St
505 3rd Street, Cedar Key, FL 32625 (MLS# GC539939) is a Commercial property. 505 3rd Street is currently listed for $349,999 and was received on May 06, 2026. Want to learn more about 505 3rd Street? 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.

