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    Cedar Key, FL
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    Cedar Key, FL Restaurants for Sale

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    Suwannee, FL Old Town, FL Chiefland, FL Yankeetown, FL Inglis, FL Bronson, FL Otter Creek, FL Morriston, FL
    Turnkey Restaurant and Fish Market
    Updated: Jun 29
    Turnkey Restaurant and Fish Market

    6991 SW State Rd 24, Cedar Key, FL 32625

    $525,000
    3,640 sqft 1.19 AC lot
    Commercial property built in 1999 on 1.19 acres in Cedar Key
    Previously operated as a restaurant and fish market, with a layout designed for food service use
    Fully handicap accessible building
    Sold fully equipped, including a walk‑in cooler, lay‑down freezers, and commercial ice machines
    Equipment included: restaurant equipment and furnishings/fixtures to reopen as a restaurant, seafood market, or catering business
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    This listing looks promising.

    Here's a quick look at some key insights for

    6991 SW State Rd 24, Cedar Key, FL 32625

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Mortgage

      $180K
      Feb 2025

    • Last Sold

      Feb 2025
      $580K

    • Property Type

      Restaurant
      Built 1999
    View Property Analytics
    Unique Island Restaurant Opportunity
    Updated: Mar 12, 2025
    Unique Island Restaurant Opportunity

    450 Dock St, Cedar Key, FL 32625

    $679,000
    8,961 sqft 0.16 AC lot
    Unparalleled panoramic Gulf views and views of uninhabited islands.
    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.
    Ready for restoration or reconstruction to suit buyer's vision.
    New exterior wall completed after fire damage removal.
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    Mixed-Use Restaurant Property Near Marina
    Mixed-Use Restaurant Property Near Marina

    505 3RD St, Cedar Key, FL 32625

    $349,999

    Mixed-use property with restaurant and apartments near Cedar Key marina.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Cedar Key, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Lodge and Event Campground
    Turnkey Lodge and Event Campground

    11350 STATE ROAD 121, Inglis, FL 34449

    $2,498,000
    4,888 sqft 23.00 AC lot

    Turnkey bar-and-restaurant operation with expanded event grounds and designated camping on a 23-acre property.

    View details
    Crossroads Lodge Event Venue
    Crossroads Lodge Event Venue

    11350 STATE ROAD 121, Inglis, FL 34449

    $2,498,000
    3,200 sqft 23.00 AC lot

    Turnkey event venue with bar, restaurant, and camping.

    View details
    Fanning Springs Turnkey Restaurant Opportunity
    Fanning Springs Turnkey Restaurant Opportunity

    17751 NW Hwy 19, Fanning Springs, FL 32693

    $350,000
    4,049 sqft 1.30 AC lot

    Turnkey restaurant on a high-visibility corner with expansion potential.

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    Turnkey Restaurant on High Visibility Corner
    Turnkey Restaurant on High Visibility Corner

    17751 NW US 19, Fanning Springs, FL 32693

    $350,000
    1.30 AC lot

    Turnkey restaurant on 1.3 acres with high visibility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Historic Downtown Cedar Key Site
    Prime Historic Downtown Cedar Key Site

    433 2nd St, Cedar Key, FL 32625

    $139,000
    0.09 AC lot

    Premier zero-lot-line site in the heart of historic Cedar Key.

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    Main Street Development Opportunity
    Main Street Development Opportunity

    445 2nd St, Cedar Key, FL 32625

    $139,000
    0.09 AC lot

    Prime commercial land in Cedar Key's historic district.

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    Vacant Land in Chiefland, Florida
    Vacant Land in Chiefland, Florida

    45 & 46 NE 4th Ave, Chiefland, FL 32626

    $59,900
    0.26 AC lot

    0.26 acre lot near Hwy 27, ready for development.

    View details
    Highway 19 Commercial Land Opportunity
    Highway 19 Commercial Land Opportunity

    US 19, Chiefland, FL 32626

    $399,000
    7.57 AC lot

    7.6 acres of commercial land with highway frontage in Chiefland.

    View details

    Off-Market Properties in Cedar Key, FL

    Consider similar Off-Market properties in Cedar Key, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6991 State Rd 24
    RESTAURANT

    6991 State Rd 24, Cedar Key, FL 32625-3889

    $580,000
    Estimated value
    1,014 sqft 1.19 AC lot
    View details
    434 2nd St
    RESTAURANT

    434 2nd St, Cedar Key, FL 32625

    Value Estimation by Request
    2,400 sqft 0.11 AC lot
    View details
    310 Dock St
    RESTAURANT

    310 Dock St, Cedar Key, FL 32625

    Value Estimation by Request
    7,400 sqft 0.20 AC lot
    View details
    331 Dock St
    DRIVE-THRU RESTAURANT, FAST FOOD

    331 Dock St, Cedar Key, FL 32625

    Value Estimation by Request
    500 sqft 0.18 AC lot
    View details
    490 Dock St
    RESTAURANT

    490 Dock St, Cedar Key, FL 32625

    Value Estimation by Request
    4,084 sqft 0.08 AC lot
    View details
    609 6th St
    RESTAURANT

    609 6th St, Cedar Key, FL 32625

    Value Estimation by Request
    1,242 sqft 0.23 AC lot
    View details

    Cedar Key, FL Restaurants Market Trends and Statistics

    Explore 9 restaurants for sale in Cedar Key, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,601 square feet of properties for sale, with an estimated market value of $1,204,000.

    Sale prices for restaurant properties in Cedar Key, FL start at $525,000, averaging $602,000, and reaching up to $679,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 1,255
    Population Growth (5Y) -22.8%
    Median Household Income $59,036
    College Educated 61.2%

    High-Yield Neighborhoods for Investment

    Identify Cedar Key submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32625 $399.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $35.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Levy County

    New Delisted

    Total CRE Inventory on Market (SF)

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