Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building in Downtown Cedar Key Title is generated by Realmo AI

    7050 C Street, Cedar Key, FL 32625

    View on Map
    Claim this Listing
    For Sale
    $239,000

    Convenience Store,Florist/Nursery,Hair Salon,Liquor Store,Office Building,Professional/Office,Retail

    Property size:
    600 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $398/SF
    Added:
    Mar 27, 2026
    Days on Market:
    48
    Last Refresh:
    May 13 at 2:06 am

    Property Features for 7050 C Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    None, Paved or Surfaced
    Interior features
    None
    Standard status
    Active
    APN
    0856200000
    Size
    600 SF
    Lot size
    0.01 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Building materials
    Concrete, Stucco
    Roof type
    Asphalt, Built-Up, Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Caryn Stephenson
    Caryn Stephenson

    Listing agent Caryn Stephenson

    Listing office Pelican Realty 618 2nd Street, Cedar Key, FL

    Listing date Mar 27, 2026

    MLS# 795176 Listing URL

    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.

    HighLights

    • Unbeatable downtown Cedar Key location with high foot traffic and visibility.
    • Versatile commercial building suitable for office, salon, or retail space.
    • Robust concrete block construction.
    • Unfinished interior allows for customized layout and design.
    • Opportunity to own a piece of downtown real estate.
    • Central heating and cooling.

    Overview

    Located in the heart of downtown Cedar Key, Florida, this commercial building offers a canvas for entrepreneurs and investors. Situated among boutiques and eateries, the property benefits from an accessible location. The building features concrete block construction and an unfinished interior, providing the freedom to design a layout suitable for various ventures. Potential uses include a professional office, a salon, or a retail space. The location benefits from foot traffic, ensuring visibility and access. This property presents an opportunity to own a piece of downtown real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Law Firm Hair Salon Real Estate Agency Big Box & Wholesale Store Nail Salon Auto Parts Store Grocery & Convenience 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
    -83.0325716
    Latitude
    29.1367957

    Nearby Similar for Sale

    • $679,000
      8,961 SF

      Unique Island Restaurant Opportunity

      Iconic waterfront building in Cedar Key ready for restoration.
      450 Dock St, Cedar Key, FL 32625
      View Details
    • $349,000
      1,296 SF

      Downtown Cedar Key Commercial Building

      Unfinished commercial building in downtown Cedar Key with endless possibilities.
      509 2nd St, Cedar Key, FL 32625
      View Details
    • $68,000
      1,170 SF

      Versatile Commercial Property Near Cedar Key

      Commercial property suitable for seafood processing or residential use.
      5811 103rd Ct, Cedar Key, FL 32625
      View Details
    • $875,000
      1,470 SF

      Waterfront Duplex in Cedar Key

      Waterfront duplex on 0.51 acres, turn-key rental investment.
      11918 State Rd 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
    • $425,000
      2,544 SF

      Historic Coastal Cottages Opportunity

      Unique opportunity to own a historic motel property.
      12685 STATE ROAD 24, CEDAR KEY, FL 32625
      View Details
    • $2,500,000

      Coastal Investment Opportunity in Cedar Key

      Renovated property with guest rooms and retail storefronts.
      491 DOCK St, Cedar Key, FL 32625
      View Details
    • $2,500,000
      8,672 SF

      Waterfront Commercial Property in Cedar Key

      Waterfront commercial property located at 491 Dock Street, Cedar Key.
      491 DOCK STREET, CEDAR KEY, FL 32625
      View Details
    • $679,000

      Unique Island Opportunity in Cedar Key

      Iconic waterfront building in historic Cedar Key, ready for restoration.
      450 Dock St, CEDAR KEY, FL, 32625-5168
      View Details

    FAQs

    What type of property is this?
    Storefront property - Versatile commercial building with endless possibilities in Cedar Key.
    Where is this storefront property located?
    The property is located at 7050 C Street Cedar Key, FL.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: Unbeatable downtown Cedar Key location with high foot traffic and visibility.; Versatile commercial building suitable for office, salon, or retail space.; Robust concrete block construction.
    (352) 228-0420
    We can help!
    Listing Contact
    Caryn Stephenson
    Caryn Stephenson
    Real Estate License ID: 3232198
    Learn More
    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
    7050 C 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!