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Waterfront Island Property in Cedar Key
For Sale
$779,000

11750 Rye Key Dr, Cedar Key, FL 32625

LAND - Cedar Key, FL

Property SizeContact for details
Lot Size5.53 Acres
Days on Market1119

Property Features for 11750 Rye Key Dr

General Information

Property type Land
Property subtype Other
Subdivision Rye Key
Lot features Extends into Marsh, Multiple Lot(s), One Way - Dead End, Oversize, Room for a Pool
Elementary school district Levy
Middle school district Levy
High school district Levy
Directions From SR24 in Cedar Key, turn onto Whiddon Avenue, and follow it around the school. At Gulf Boulevard, turn right, and follow it pas the cemetery. At Hodges Avenue, turn left and go two blocks to SW 165th Avenue, and turn right. Past two intersections, you will be faced with the RYE KEY community gate. The land is at the end of this road, isolated on the very point of Rye Key, on the Gulf of Mexico.
Standard status Active
APN 0034900100
Lot size 5.53 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 19-15-13 05.53 ACRES TRACT IN SW1/4 OF SE1/4, OR BOOK 1402, PAGE 784
Tax Annual Amount 7165
HOA Fee $250 Annually
Legal Description 19-15-13 05.53 ACRES TRACT IN SW1/4 OF SE1/4, OR BOOK 1402, PAGE 784

Utilities

Water front 1
Listing Agency: Cedar Key Realty, Inc.
Listed By: Vanessa Edmunds
Added: Jul 13, 2023 Changed: Jun 8 Last Checked: Aug 4 at 1:06AM
MLS# 786822

Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This exclusive waterfront island property is located in Cedar Key, Florida, within the gated Rye Key neighborhood. The lot is positioned at the very point of the island, almost completely surrounded by Gulf of Mexico waters. The property includes rights to the surrounding waters, totaling 5.53 acres, with approximately 1.2 acres of usable uplands. The location provides deep water access right off the channel. There is ample upland space to build a home, swimming pool, garage, large garden, workshop, and an accessory dwelling. The property offers unobstructed sunrise views to the east and unobstructed sunset views to the west.

Key Highlights

  • Exclusive waterfront island property in the gated Rye Key neighborhood.
  • Rights to 5.53 acres of land and surrounding water, including approximately 1.2 acres of usable uplands.
  • Deep water access right off the channel, not limited by tides.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Department Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 32625, FL

1,620
Population
1,262
Households
1.3
Avg Household Size
59
Median Age
40%
College-Educated
92%
High-School Grad
94.0 sq mi
ZIP Area
17
Density / Sq Mi
$59,036
Median Household Income
$50,729
Median Earnings
$918
Median Rent
$267,200
Median Home Value

Market

Properties on Market for Land in Cedar Key

Feb
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Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Exclusive waterfront island property with deep water access.
Where is this land located?
The property is located at 11750 Rye Key Dr Cedar Key, FL.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Exclusive waterfront island property in the gated Rye Key neighborhood.; Rights to 5.53 acres of land and surrounding water, including approximately 1.2 acres of usable uplands.; Deep water access right off the channel, not limited by tides.
More about this property
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