Waterfront Duplex with Private
For Sale
$849,000
11918 State Rd 24, Cedar Key, FL 32625
MULTI_FAMILY - Other - Cedar Key, FL
Property Size3,552 SF
Lot Size0.51 Acres
Price / SF$577.55
Days on Market42
Property Features for 11918 State Rd 24
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking features
Off Street, Open, Driveway
Window features
Single Pane Window(s)
Patio and Porch features
Deck
Interior features
Blinds, Ceiling Fans, Laundry Closet, Laundry/Utility Room
Exterior features
Balcony, Barbeque, Covered Deck, Open Deck, Outdoor Lights
Appliances
Dishwasher, Dryer - Electric, Microwave, Microwave Hood, Range - Electric, Refrigerator, Trash Compactor, Washer
Subdivision
Not in Subdivision
Lot features
Rectangular
Elementary school district
Levy
Middle school district
Levy
High school district
Levy
Directions
From state road 24 West, drive approximately 24 miles, home will be on the right look for realtor signs.
Standard status
Active
APN
0036300000
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
20-15-13 0000.51 ACRES TRACT 75 X 300 FT IN SE1/4 OF SW1/4 OR BOOK 1317 PAGE 417
Tax Annual Amount
7217
Legal Description
20-15-13 0000.51 ACRES TRACT 75 X 300 FT IN SE1/4 OF SW1/4 OR BOOK 1317 PAGE 417
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Water source
Public
Water front features
Seawall
Water front
1
Amenities
private dock
Building Details
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Hatcher Realty Services, Inc. Trenton
(352) 463-0054
Listed By:
Krystal Wynans · License #SL3635957
(352) 949-7511
Added: Jul 7
Changed: Aug 2
Last Checked: Aug 17 at 7:06PM
MLS# 799534
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.
Situated on 0.51 acres in Cedar Key, this elevated, stilt-built duplex is positioned directly on the water and includes a private dock with a seawall. Each side of the duplex offers two bedrooms and one bathroom, with interior amenities including a laundry closet or laundry/utility room, ceiling fans, and blinds. The home features vinyl and tile flooring, electric central heating, and a metal roof, with frame construction.
The property includes two covered parking spaces per unit and off-street parking options, along with outdoor living elements such as decks and a covered deck. Residents and guests can enjoy the private dock for boating, fishing, paddleboarding, and waterfront views.
This duplex is currently operating as an income-producing rental and is being sold fully furnished. Public water and public sewer are in place. The zoning is described as unique and may allow the addition of up to four total units, subject to buyer due diligence to confirm buildability and expansion options.
The property includes two covered parking spaces per unit and off-street parking options, along with outdoor living elements such as decks and a covered deck. Residents and guests can enjoy the private dock for boating, fishing, paddleboarding, and waterfront views.
This duplex is currently operating as an income-producing rental and is being sold fully furnished. Public water and public sewer are in place. The zoning is described as unique and may allow the addition of up to four total units, subject to buyer due diligence to confirm buildability and expansion options.
Key Highlights
- 0.51‑acre waterfront duplex site with seawall and private dock access
- 1,470 sq. ft. of cooled living space and 3,552 sq. ft. total building size
- Each side offers 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Elevated, stilt-built duplex with private dock, public water and sewer, and furnished, income-producing rental setup.
Where is this duplex located?
The property is located at 11918 State Rd 24 Cedar Key, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 0.51‑acre waterfront duplex site with seawall and private dock access; 1,470 sq. ft. of cooled living space and 3,552 sq. ft. total building size; Each side offers 2 bedrooms and 1 bathroom
