Advertise
    Cedar Key, FL
    Apartment Building

    Cedar Key, FL Apartment Buildings for Sale

    Notify Me
    List
    Map
    Suwannee, FL Old Town, FL Chiefland, FL
    Mixed-Use Restaurant in Cedar Key
    Updated: May 6
    Mixed-Use Restaurant in Cedar Key

    505 3RD STREET, Cedar Key, FL 32625

    $349,999
    2,330 sqft · 0.09 AC lot
    Established restaurant space on the ground level.
    Two finished apartments provide rental income.
    Steps from the marina and coastal attractions.
    Strong tourism traffic.
    Walkable location.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    505 3RD STREET, CEDAR KEY, FL 32625

    View Property Analytics

    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $384K
      Above asking

    • Last Sold

      Sep 2021
      $110K

    • Property Type

      Store/Office (Mixed Use)
      Built 1940
    View Property Analytics
    Mixed-Use Restaurant Property Near Marina
    Updated: May 9
    Mixed-Use Restaurant Property Near Marina

    505 3RD St, Cedar Key, FL 32625

    $349,999
    Established restaurant space with two rental apartments provides immediate income.
    Prime location in Cedar Key, steps from the marina and coastal attractions.
    Strong tourism traffic ensures consistent business potential.
    Limited commercial inventory in a tightly held coastal market.
    Mixed‑use property offers flexibility for owner‑user or investment.
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Cedar Key, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Apartments on Gulf to Lake
    Waterfront Apartments on Gulf to Lake

    1259 S ELMWOOD Drive, Inverness, FL 34450

    $1,200,000
    5,400 sqft · 0.66 AC lot

    Renovated waterfront apartments with potential for high income.

    View details
    Mixed-Use Investment in Haile Village
    Mixed-Use Investment in Haile Village

    5231 SW 91st Dr, Gainesville, FL

    $1,750,000
    11,018 sqft · 0.15 AC lot

    High-performing mixed-use investment portfolio in Gainesville's sought-after commercial district.

    View details
    Waterfront Apartments on Gulf to Lake
    Waterfront Apartments on Gulf to Lake

    1259 S Elmwood Drive, Inverness, FL 34450

    $1,200,000
    5,400 sqft

    Renovated waterfront apartments with potential for high income generation.

    View details
    Mixed-Use Property in Haile Village
    Mixed-Use Property in Haile Village

    5214 SW 91ST WAY, Gainesville, FL 32608

    $760,000
    0.06 AC lot

    Mixed-use property with retail/office spaces and residential apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Lot in Treasure Island
    Waterfront Lot in Treasure Island

    141 104TH AVENUE, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront lot zoned for multifamily residential use in Treasure Island.

    View details
    Prime Miami Development Opportunity
    Prime Miami Development Opportunity

    2801 NW 102nd St, Miami, FL 33165

    $4,350,000
    0.96 AC lot

    Rare 1-acre parcel in Miami, pre-approved for 80+ units.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft · 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Off-Market Properties in Cedar Key, FL

    Consider similar Off-Market properties in Cedar Key, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    834 8th St
    APARTMENT HOUSE (5+ UNITS)

    834 8th St, Cedar Key, FL 32625

    Value Estimation by Request
    1,280 sqft · 0.09 AC lot
    View details
    13449 Airport Rd
    APARTMENT HOUSE (5+ UNITS)

    13449 Airport Rd, Cedar Key, FL 32625-4868

    Value Estimation by Request
    4,920 sqft · 2.10 AC lot
    View details
    640 6th St
    APARTMENT HOUSE (5+ UNITS)

    640 6th St, Cedar Key, FL 32625

    $560,000
    Estimated value
    3,735 sqft · 0.14 AC lot
    View details
    11918 State Rd 24
    APARTMENT HOUSE (5+ UNITS)

    11918 State Rd 24, Cedar Key, FL 32625-4781

    Value Estimation by Request
    1,470 sqft · 0.51 AC lot
    View details

    Cedar Key, FL Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Cedar Key, FL on our real estate platform. These investment opportunities span a total of 2,330 square feet of properties for sale, with an estimated market value of $349,999.

    Sale prices for two-family homes in Cedar Key, FL start at $349,999, averaging $349,999, and reaching up to $349,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 1,255
    Population Growth (5Y) -22.8%
    Median Household Income $59,036
    College Educated 61.2%

    High-Yield Neighborhoods for Investment

    Identify Cedar Key submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32625 $350K

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $35.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Levy County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Cedar Key, FL

    Popular Categories

    Most Searched ZIP Codes in Cedar Key, FL

    • 32625

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!