12685 24 Active

Cedar Key,FL 32625

$ 375000

- Bed

8 Baths

2544 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 2,544 sqft

Price per Sqft $147

MLS Listing ID 1207985

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1956

Annual Tax Amount $11,295

Lot Size 0.660 Acres

Lot Dimensions 0.66

Property Sub-Type Hotel/Motel

Property Description

It's time to enjoy your dream of owning a business steeped in Old Florida charm & history come to fruition in Cedar Key, a chain of barrier islands known as a nature lover's oasis! Zoned for commercial hotel/motel use & allows for the full time occupancy of owner or inn-keeper delivering possibilities to bring your coastal living hospitality vision to life! The lush, landscaped resort features 8 stand alone buildings enchanting you w/ 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 Helene in 2024, their unique charm & potential remain undeniable. Currently, 2 cottages are fully functional & a 3rd almost there providing the opportunity to reside on-site during renovation as you while work on your vision & produce income. Possibilities are evident by the remarkable cash flow history. Make dreams a reality w/ 8 buildings total & infrastructure for 1 more individual cottage removed post Hurricane Helene, providing potential of 9 doors. An inventory of furnishings & equipment is available, giving insight into the resources already in place. Whether you envision restoring the cottages to their former glory or reimagining 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.

Location

State FL

County Levy

Direction 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

Interior

Cooling Electric,Wall/Window Unit(s),Window Unit(s)

Exterior

Parking Features Off Street,Parking Lot

Building

Lot Description Historic Area

Structure Type Concrete,Lap Siding,Wood Siding

Others

Senior Community No

Tax ID 2915130881600000

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