Historic Downtown Commercial
For Sale
$139,000
Pending
433 2nd St, Cedar Key, FL 32625
Land, Cedar Key, FL
Property SizeContact for details
Lot Size0.09 Acres
Days on Market239
Property Features for 433 2nd St
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Cedar Key
Lot features
Multiple Lot(s), Rectangular, Zero Lot Line
Elementary school district
Levy
Middle school district
Levy
High school district
Levy
Directions
State Road 24 to 2nd Street stop sign. Turn Left on 2nd Street. Go two blocks, building is on Left. See PELICAN REALTY sign.
Standard status
Pending
APN
0857900000
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CEDAR KEY BLK 12 LOT 4 & EAST 12.85 FEET OF LOT 5 OR BOOK 1619 PAGE 119
Tax Annual Amount
1553
Legal Description
CEDAR KEY BLK 12 LOT 4 & EAST 12.85 FEET OF LOT 5 OR BOOK 1619 PAGE 119
Listing Agency:
Pelican Realty
(352) 543-5581
Listed By:
Caryn Stephenson · License #BK3232198
(352) 228-0420
Added: Dec 27, 2025
Changed: Aug 19
Last Checked: Aug 23 at 7:06PM
MLS# 796264
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 0.09-acre commercial land offering includes a historic building dating to circa 1882 that is in significant disrepair, with demolition potentially required. The zero-lot-line configuration supports a broad buildable frontage within the existing downtown setting. The site is located at 433 2nd St in Cedar Key, Florida, and the source information identifies potential redevelopment concepts including a destination restaurant, retail, professional office, or motel-style accommodations.
The property is positioned in Cedar Key’s historic downtown near the waterfront, with pedestrian and vehicle visibility along 2nd Street. A taller replacement structure may capture water views, including sunset views and sightlines toward Dock Street. Additional adjoining parcels are also available, including up to three consecutive lots fronting 2nd Street and two more lots associated with the L&M building, creating possible options for a larger assembled project.
The property is positioned in Cedar Key’s historic downtown near the waterfront, with pedestrian and vehicle visibility along 2nd Street. A taller replacement structure may capture water views, including sunset views and sightlines toward Dock Street. Additional adjoining parcels are also available, including up to three consecutive lots fronting 2nd Street and two more lots associated with the L&M building, creating possible options for a larger assembled project.
Key Highlights
- 0.09‑acre commercial land parcel at 433 2nd St, Cedar Key, FL 32625
- Historic building dating to circa 1882; structure is in significant disrepair
- Zero‑lot‑line configuration supports maximum buildable frontage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Zero-lot-line site with redevelopment potential in Cedar Key’s historic downtown commercial district.
Where is this commercial land located?
The property is located at 433 2nd St Cedar Key, FL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 0.09‑acre commercial land parcel at 433 2nd St, Cedar Key, FL 32625; Historic building dating to circa 1882; structure is in significant disrepair; Zero‑lot‑line configuration supports maximum buildable frontage
