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12685 State Road 24 Cedar Key, FL 32625

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For Sale
$425,000

Unique opportunity to own a historic motel property.

Property size:
2,544 SF
Lot size:
0.66 Acres

Property Features for 12685 State Road 24

General Information

Standard status
Active
Size
2,544 SF
Lot size
0.66 Acres

Building Details

Year built
1956

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Listing Contact
Tracey Sandell
Tracey Sandell
Source: Exitrealty

Listing Agency: YOUR REALT Listing Agent: Tracey Sandell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Coastal Cottages Opportunity

This commercially zoned property, suitable for a hotel or motel, is located in Cedar Key, a chain of barrier islands. The resort features eight stand-alone buildings designed as 1950's cracker-style cottages, situated along the back bay of the Gulf of Mexico. The cottages are on the historic registry and retain their original character. The property sustained damage from Hurricane Helene in 2024. Currently, two cottages are fully functional, with a third nearing completion, offering the option to live on-site during restoration or construction. The property has a history of cash flow. There is infrastructure in place for one additional cottage, bringing the potential to nine units. An inventory of furnishings and equipment is available. The property is situated in a location that offers fishing, birdwatching, and nature trails. The property size is 2544 square feet.
Location Intelligence

Current Use by Public Records

Motels

Suggested Use

Restaurant Building Supply Spa & Massage Center Law Firm Real Estate Agency Hair Salon Big Box & Wholesale Store Nail Salon Auto Parts Store Department Store

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

Similar Places Nearby

Dockside Motel, Beach Front Motel, Sunsational Vacation Rental, Blue Chair Key Vacation Rental, Cedar Key Harbour Master Suites

Location Insight

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  • Local Demand
City
Cedar Key
County
Levy
State
Florida
Longitude
-83.0340537
Latitude
29.1427729

FAQs

What type of property is this?
Motel - Unique opportunity to own a historic motel property.
Where is this motel located?
The property is located at 12685 State Road 24 Cedar Key, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: - Zoned for commercial hotel/motel use, perfect for full-time owner occupancy and income generation.; - Features 8 stand-alone buildings (1950s cracker-style cottages) with potential for 9 units; infrastructure is in place for one additional cottage.; - Located on the back bay of the Gulf of Mexico in Cedar Key, a nature lover's oasis.
More about this property
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