Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $520,000
    Investment properties

    4051 D St, Cedar Key, FL 32625

    2,036 SF 0.29 ac lot Built 1945
    Entity Owned Free & Clear
    Property ID
    US18-5997868
    Property summary
    AI-generated overview

    This exceptional 4,320-square-foot commercial property in Cedar Key, Florida, presents a unique investment opportunity. Located at 4051 D St, 32625, this versatile space boasts a prime Gulf of Mexico waterfront location with a private dock, offering breathtaking sunrise views. Built in 1945, the building has served various businesses throughout its history, including a hotel, cafe, and veterinary clinic, most recently housing the Cedar Key Canvas Shop. Currently configured as a six-bedroom, four-bathroom rental property, it comprises two 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, providing immediate income potential. The property includes ample storage space underneath the building and extensive on-site parking. The expansive lot encompasses 32-15-13 CEDAR KEY BLK 25 LOTS 13 THRU 16 & SUBMURGED LOTS 1 THRU 7 & LOTS 17 THRU 24 (OR BOOK 1621 PAGE 317), offering significant development potential. The asking price is $679,000. This property is zoned for Office and Retail use, making it ideal for a variety of commercial ventures. Its established history and desirable location make it an attractive investment for both seasoned and new investors. Don't miss this chance to own a piece of Cedar Key's vibrant waterfront.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1945
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,036 SF
    Lot 0.29 ac (12,632 SF)
    APN 865000000
    UPID US18-5997868
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mc Pherson John Law Firm
    • Kelley R Pierce Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $360k
    Comparable Approach Comparable
    $631k
    Blend (final) Blend
    $520k
    Owner & transaction history
    Mccormick Management & Realty LLC
    Mccormick Management & Realty LLC
    since 2025
    5 recorded transactions
    2025
    2022
    $489,000
    2004
    2004
    $525,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 4051 D St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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