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    11750 Rye Key Dr Cedar Key, FL 32625

    For Sale
    $799,000

    Lots & Acreage - Cedar Key, FL

    Lot size:
    5.53 Acres
    Days on Market:
    331
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 11750 Rye Key Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0034900100
    Parking features
    None
    Exterior features
    Fence
    Dock
    1
    Fencing
    Fenced
    Lot size
    5.53 Acres

    Utilities

    Water front features
    Waterfront, 850 Feet Of Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Cedar Key Realty, Inc. (352) 543-9899 [email protected]

    Listing agent Vanessa Edmunds (352) 543-9899

    Listing date Jan 17, 2025

    MLS# 786822 Listing URL

    Copyright © 2025 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.

    Overview

    Waterfront Island Property in Cedar Key

    This exclusive waterfront island property is located in the gated Rye Key neighborhood of Cedar Key, Florida. The lot is positioned at the 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 offers deep water access right off the channel. There is sufficient upland area to construct a home, swimming pool, garage, garden, workshop, and an accessory dwelling. Residents can enjoy unobstructed sunrise views to the east and sunset views to the west.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Key
    County
    Levy
    State
    Florida
    Longitude
    -83.045402
    Latitude
    29.155953

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    FAQs

    What type of property is this?
    Residential land & home lot - Exclusive waterfront lot with deep water access and sunrise/sunset views.
    Where is this residential land & home lot 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 $799,000.
    What are key features of this property?
    This property features: - Exclusive waterfront island property with deep water access on Rye Key, Cedar Key.; - Rights to 5.53 acres of land and surrounding water, including approximately 1.2 acres of usable uplands.; - Unobstructed sunrise and sunset views.
    (352) 543-9899
    Request Owner's contact information
    11750 Rye Key Dr Cedar Key, FL 32625
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    Cedar Key, FL 32625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11750 Rye Key Dr Cedar Key, FL 32625
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