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Unique Island Opportunity in Cedar Key
For Sale
$679,000

450 Dock St, Cedar Key, FL 32625

Iconic waterfront building in historic Cedar Key, ready for restoration.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market519

Property Features for 450 Dock St

General Information

Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Annual Taxes $16,456
Listing Agency: Cedar Key Realty, Inc.
Listed By: Vanessa Edmunds
Source: Exprealty
Added: Mar 12, 2025 Changed: Aug 11 Last Checked: Aug 12 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cedar Key Realty, Inc.

Investment Insights

Based on property information with market context.

This unique island property, located in downtown historic Cedar Key, offers an unparalleled opportunity to own a building situated in the Gulf of Mexico. The building, formerly STEAMERS RESTAURANT, boasts panoramic views of the open Gulf waters and the distant uninhabited islands. While the structure has sustained fire and hurricane damage, it is ready for restoration or reconstruction. The location offers significant exposure to visitors. A contractor has been working to remove the fire-damaged section, and a new wall is nearing completion. The property is located at 450 Dock St, Cedar Key, FL 32625-5168.

Key Highlights

  • Unparalleled panoramic Gulf views and island scenery.
  • 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Iconic waterfront building in historic Cedar Key, ready for restoration.
Where is this specialty property 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 island scenery.; 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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