Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wooded Land in Cedar Key Title is generated by Realmo AI

    12611 NW 127TH STREET, Cedar Key, FL 32625

    View on Map
    Claim this Listing
    For Sale
    $34,999

    Land - CEDAR KEY, FL

    Lot size:
    1.38 Acres
    Added:
    May 15, 2026
    Days on Market:
    9
    Last Refresh:
    May 23 at 3:06 am

    Property Features for 12611 NW 127TH STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    UNK
    Pets allowed
    Yes
    Standard status
    Active
    APN
    09030-085-01
    Lot size
    1.38 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    344
    Expense value
    0.079999998211861
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Zach Hilferding

    Listing agent Zach Hilferding License #3517766

    Listing office NEW ALLIANCE GROUP REALTY 7345 International Place #106, bradenton, FL

    Listing date May 15, 2026

    MLS# A4693793 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.38 acres of wooded terrain provides ample space and privacy.
    • Conveniently located near shopping, dining, schools, and major highways.
    • Excellent opportunity to build a custom home.
    • Potential for a private retreat in a peaceful setting.
    • Suitable for a long‑term investment.
    • Offers flexibility for various development opportunities.

    Overview

    This vacant lot in Cedar Key Heights offers an opportunity for building a home or investment. The property consists of 1.38 acres of wooded terrain. Well and septic systems are required. The location provides a peaceful setting with convenient access to shopping, dining, schools, and major highways. This lot is suitable for a private retreat, a development opportunity, or a long-term investment. The listing is for land only and is sold As Is. Street addresses are for listing purposes only; vacant land will receive a true street address once improved. The property is located in CEDAR KEY, FL 32625.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Key
    County
    Levy
    State
    Florida
    Longitude
    -82.984245
    Latitude
    29.2181115

    Nearby Similar for Sale

    • $70,000

      Corner Commercial Lot For Sale

      1.19-acre corner lot with C-2 zoning near SR-24.
      Tbd SW STATE ROAD 24, CEDAR KEY, FL 32625
      View Details
    • $79,000

      Highway-Front Commercial Parcel Near Cedar Key

      1.13-acre commercial land with highway frontage near Cedar Key.
      SW STATE ROAD 24, CEDAR KEY, FL 32625
      View Details
    • $349,999
      2,330 SF

      Mixed-Use Restaurant in Cedar Key

      Mixed-use property with restaurant and apartments near the marina.
      505 3RD STREET, CEDAR KEY, FL 32625
      View Details
    • $625,000

      50-Acre Coastal Land Parcel

      Cleared 50-acre land parcel near Cedar Key, Florida.
      SHILOH ROAD, CEDAR KEY, FL 32625
      View Details
    • $525,000

      Waterfront Lots in Cedar Key

      Buildable waterfront lots with Gulf views in Cedar Key, Florida.
      SW 136 PLACE, CEDAR KEY, FL 32625
      View Details
    • $525,000

      Waterfront Lots in Cedar Key

      Buildable waterfront lots with Gulf views in Cedar Key, Florida.
      SW 136 PLACE, CEDAR KEY, FL 32625
      View Details
    • $679,000
      8,961 SF

      Unique Island Restaurant Opportunity

      Iconic waterfront restaurant building for sale in Cedar Key.
      450 Dock St, Cedar Key, FL 32625
      View Details
    • $68,000
      1,170 SF

      Commercial Property Near Cedar Key

      Versatile commercial property suitable for seafood processing or residential use.
      5811 SW 103rd Ct, Cedar Key, FL 32625
      View Details
    • $195,000

      Waterfront Land in Cedar Key

      Waterfront homesite with Gulf views, utilities installed, build your dock.
      12325 Bay St, Cedar Key, FL 32625
      View Details
    • $139,000

      Prime Historic Downtown Cedar Key Site

      Premier zero-lot-line site in the heart of historic Cedar Key.
      433 2nd St, Cedar Key, FL 32625
      View Details
    • $165,000

      Waterfront Lot in Cedar Key

      Waterfront vacant lot with dock and Gulf access.
      9th St lot: 7, Cedar Key, FL 32625
      View Details
    • $240,000

      Dock Street Commercial Land Opportunity

      Two vacant lots on Dock Street in downtown Cedar Key.
      Dock St, Cedar Key, FL 32625
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.38 acre wooded lot in Cedar Key Heights.
    Where is this residential land & home lot located?
    The property is located at 12611 NW 127TH STREET Cedar Key, FL.
    What is the asking price?
    The asking price for this property is $34,999.
    What are key features of this property?
    This property features: 1.38 acres of wooded terrain provides ample space and privacy.; Conveniently located near shopping, dining, schools, and major highways.; Excellent opportunity to build a custom home.
    (513) 653-3427
    We can help!
    Listing Contact
    Zach Hilferding
    Real Estate License ID: 3517766
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12611 NW 127TH STREET, CEDAR KEY, FL 32625
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!