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    Sunset Point Dr Cedar Key, FL 32625

    For Sale
    $475,000

    Lots & Acreage - Cedar Key, FL

    Lot size:
    40.90 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for Sunset Point Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0036100000
    Parking features
    None
    Exterior features
    Fence
    Dock
    1
    Fencing
    Fenced
    Lot size
    40.90 Acres

    Utilities

    Water front features
    Waterfront, 840' + 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 May 27, 2025

    MLS# 794032 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

    Sunset Point Waterfront Land Parcel

    This 40.9-acre parcel, located at the end of Sunset Point, includes approximately 1.6 acres of uplands and a private island of nearly one acre. The property previously featured a pre-FIRM home, which was damaged in Hurricane Helene. The owner has decided to sell this waterfront location, offering an opportunity for the next owner to build a custom island hideaway. The land, larger than most parcels on the island, may potentially be split into two homesites. Building an elevated custom home would allow for panoramic saltwater views. The location is a short drive to downtown amenities, including waterside parks, restaurants, shops, a library, coffee shops, and a bakery. The property is located in Cedar Key, FL.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cedar Key
    County
    Levy
    State
    Florida
    Longitude
    -83.031385
    Latitude
    29.155601

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    FAQs

    What type of property is this?
    Land - Unique 40.9-acre waterfront parcel with private island near downtown.
    Where is this land located?
    The property is located at Sunset Point Dr Cedar Key, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - 40.9-acre parcel with approximately 1.6 acres of uplands and a private island of nearly an acre.; - Located at the end of Sunset Point Drive, offering panoramic salt water views and exceptional sunsets.; - Potential to split the land into two homesites.
    (352) 543-9899
    Request Owner's contact information
    Sunset Point 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
    Sunset Point Dr Cedar Key, FL 32625
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