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Unique Island Restaurant Opportunity
For Sale
$679,000

450 Dock St, Cedar Key, FL 32625

COMMERCIAL - Cedar Key, FL

Property Size8,961 SF
Lot Size0.16 Acres
Price / SF$75.77
Days on Market511

Property Features for 450 Dock St

General Information

Property type Commercial Sale
Property subtype Other
Lot features Central Electric
Directions In Cedar Key, from SR 24 (D Street) turn left onto historic Second Street. Turn right at the next corner, C Street, and proceed out to Dock Street, which sits on the GULF waters. As Dock Street curves to the left, you will see the building on the right. Look for the CEDAR KEY REALTY, INC. sign on the building.
Subdivision Levy
Standard status Active
APN 0877400000
Size 8,961 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 32-15-13 CEDAR KEY DOCK, 20 &21 Tracts, OR Book 897 Pages 828 and 830. The deed contains more than one parcel. THIS LISTING IS FOR 450 DOCK STREET ONLY.
Tax Annual Amount 16457
Legal Description 32-15-13 CEDAR KEY DOCK, 20 &21 Tracts, OR Book 897 Pages 828 and 830. The deed contains more than one parcel. THIS LISTING IS FOR 450 DOCK STREET ONLY.

Utilities

Water front 1

Building Details

Year built 1991
Listing Agency: Cedar Key Realty, Inc.
Listed By: Vanessa Edmunds
Added: Mar 12, 2025 Changed: Jun 8 Last Checked: Aug 4 at 1:06AM
MLS# 794469

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 unique island opportunity is located in downtown historic Cedar Key. The building, previously STEAMERS RESTAURANT, is situated in the Gulf of Mexico and offers panoramic views over the open Gulf waters and uninhabited islands. The property is ready for restoration or reconstruction and offers incredible exposure to visitors. The contractor has removed the fire-damaged section, and a new exterior wall is completed. The property has a lot size of 0.16 acres and a property size of 8961 square feet.

Key Highlights

  • Unparalleled panoramic Gulf views and views of uninhabited islands.
  • Unique opportunity to own a building located directly in the Gulf of Mexico.
  • Iconic building in downtown historic Cedar Key with incredible exposure to visitors.

Property Analytics

Current Use

Island Trading Post (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Hair Salon Nail Salon

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

225
Businesses Nearby
Well-served
Demand for This Use

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 Restaurants in Cedar Key

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Iconic waterfront restaurant building for sale in Cedar Key.
Where is this restaurant located?
The property is located at 450 Dock St Cedar Key, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Unparalleled panoramic Gulf views and views of uninhabited islands.; Unique opportunity to own a building located directly in the Gulf of Mexico.; Iconic building in downtown historic Cedar Key with incredible exposure to visitors.
More about this property
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