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490 2nd St, Cedar Key
$459,000
3 Beds ⋅ 2 Baths ⋅ 800091 MLS
This is a rare opportunity to own a property in the HEART of historic Cedar Key, Florida! This historic structure, previously a private home, had been utilized as the Cedar Key City Hall for many years. Hurricane flooding and resulting damages spurred the City to move offices to an already-owned building on high ground, in order to forego repairs and to provide municipal services without interruption in the future. The decision has been made to remain in the new building, so the Old City Hall building is available for purchase! You cannot ask for a better location for a downtown home, a business, or a vacation rental. With a future land use designation of Mixed Use, you could both have a business here, AND live at this location! The building was stripped to dry and prevent mold, and the floor has been removed. The extensive rooftop solar array is still in place. Three entrances make multiple use easy to accommodate. If you want a great spot to provide an easily-accessible island business, here's your chance. The island is still in need of a replacement grocery store, and the City Commission, acting as the CRA Board, recently decided that they are creating a CRA grant for up to $150,000 for a downtown grocery. What a way to offset some of the restoration expense and provide a much-needed local essential business! Call to take a look today!

490 2nd St, Cedar Key

409 2nd St, Cedar Key
$649,000
2 Beds ⋅ 3 Baths ⋅ 799938 MLS
Discover a rare piece of "Old Florida" history in the absolute heart of the Historic District of Downtown Cedar Key. This captivating, income-generating multi-unit commercial property offers a flawless blend of immediate revenue streams and untapped creative potential. Located just steps from the waterfront, local parks, shops, and dining, this property perfectly captures the relaxed coastal charm that brings visitors to Cedar Key year after year. The ground floor features a spacious, high-visibility storefront with an active commercial lease already in place, securing steady income from day one. Accessible via a private rear entrance, the upper level reveals a beautifully updated 2-bedroom, 2-bathroom residence optimized for the lucrative vacation rental market—or ready to serve as your personal historic homestead. Guests are welcomed by gorgeous wood stairs and a grand foyer with soaring high ceilings. The main floor boasts rich hardwood floors, a stackable laundry area, a full bathroom with a walk-in shower, and a fully equipped kitchen complete with granite countertops. Massive wraparound windows flood the living space with natural light, opening up to a private porch where you can watch the historic downtown bustle by. Upstairs, you will find two bedrooms, a full bath with brand-new flooring, and a private patio offering serene views of the backwater. The crown jewel of this property is the historic adjacent carriage house. Serving as a blank canvas, this standout feature is ready to be transformed into a boutique art gallery, a cozy caf, or a third vacation rental unit to maximize your return on investment or just use for storing your golf cart, kayak or canoe to enjoy many days on the Gulf! With a beautifully updated courtyard, a brand-new upstairs porch roof, and an updated water heater, this turnkey historic gem is completely ready for its next chapter of history!

409 2nd St, Cedar Key

6061 A St, Cedar Key
$369,000
2 Beds ⋅ 1 Baths ⋅ 799573 MLS
Best priced waterfront on the island! Boat dock with good water access makes this an ideal Cedar Key getaway! Tucked away in a less traveled corner of the historic downtown, the restored Hayes David Home blends timeless island charm with thoughtful modern updates. This beautifully renewed cracker-style home has been brought back to life with quality craftsmanship and creative woodworking touches that give the property warmth, character, and a true sense of place. Inside, you'll find inviting living spaces filled with detail, including a cedar-lined closet and custom features that make the home feel both comfortable and unique. Every inch has been carefully restored while still honoring the classic style that makes Old Florida homes so special. Outside, there is plenty of room for vehicles, golf carts, and boats—perfect for enjoying life on the island and getting out on the water whenever the mood strikes. The finished backyard with partial fencing offers a relaxing space for entertaining, gardening, or simply enjoying the coastal breeze after a day downtown. Whether you're searching for a full-time residence, a peaceful weekend getaway, or an income-producing vacation rental, this charming cottage delivers flexibility and island lifestyle in one unforgettable package. Enjoy pulling your boat up to your dock, dropping blue crab traps, or fishing right from land! Recent rental history available on request. Located just moments from Cedar Key's restaurants, shops, marina, and waterfront sunsets, this is island living at its finest.

6061 A St, Cedar Key

709 5th St, Cedar Key
$149,000
2 Beds ⋅ 799529 MLS
Check out this amazing piece of Cedar Key, Florida history! Originally built as a church, this building still has the speaking platform in place--a sleekly-curved, raised section of its wood floor! The build date on this listing is currently an estimate. For most of the past century, it was used as a woodworking shop by Herman Wells, who built all of the fine Adirondack chairs you see dotted around on the island. Filled with equipment and several different species of Herman's choice woods, the building functioned perfectly while customers waited in line for the hand-crafted chairs and the beautifully-flowing porch swings "Wells Woods" was famous for creating. With Herman's passing, the building is now available for its next chapter and the restoration that will bring. As a contributing structure to the Cedar Key Historic Register, the building is entitled to special treatment in regards to FEMA regulations. The designation on the register rewards an owner with the opportunity to spend whatever funds they choose in a restoration without having to comply with FEMA's 50% rule, thereby avoiding the additional expense elevation would incur. This fabulous piece of history is ready for you to get started in the creation of its next chapter. Take a look--and quiz your real estate agent on the details. What a unique opportunity! If only this place could talk!

709 5th St, Cedar Key

12226 Franko Cir, Cedar Key
$605,000
2 Beds ⋅ 2 Baths ⋅ 798915 MLS
Tucked away in the laid-back charm of Cedar Key, this waterfront retreat offers the perfect blend of coastal serenity and opportunity. Whether you're looking for a full-time residence, vacation getaway, or investment property, this home delivers unbeatable Gulf views and endless potential. Upstairs, you'll find a bright and inviting 2-bedroom, 2-bath layout designed to capture the beauty of waterfront living. Natural light pours in, while the open living spaces create a relaxed, airy feel perfect for entertaining or unwinding after a day on the water. Step outside onto your expansive deck overlooking the water, where you can enjoy morning coffee with sunrise reflections and evening breezes off the Gulf. Just steps away, your private dock provides direct access to some of the best fishing, boating, and kayaking that Cedar Key has to offer. The ground level presents a rare opportunity for customization, already primed for renovation into additional living space. Envision a game room, guest suite, extra bedroom and bath, or a spacious entertainment area—the possibilities are wide open to fit your lifestyle and needs. Highlights include: Prime waterfront location with stunning views Private dock for boating and fishing Large deck perfect for outdoor living 2 bedrooms / 2 baths upstairs Ground floor ready to be transformed into additional living space Ideal for full-time living, vacation home, or income-producing rental This is more than just a home—it's a chance to create your own piece of paradise in one of Florida's most beloved island communities.

12226 Franko Cir, Cedar Key

1670 State Rd 24, Otter Crk Unit Otter Creek, Cedar Key
$365,000
3 Beds ⋅ 3 Baths ⋅ 794916 MLS
UNEXPECTED LUXURY IN THE WOODS - perfect family retreat or full-time 3/3 home. Lots of room for vehicles and boats on big 2-acre parcel outside Otter Creek. Park below the house or enjoy cookouts and picnics on the concrete slab. Easy access ELEVATOR from ground to main floor. Inside, CEILINGS RISE HIGH over a spacious living-dining area with a well equipped kitchen any chef would love. Two sets of French doors lead to a spacious SCREENED PORCH overlooking the POND. Exotic hardwood floors add natural warmth. Crisp granite countertops add color and function. For a hint of country whimsy, try the spiral staircase with thick wood steps that leads to a LOFT BEDROOM with 2 sets of child-proof custom-built cypress bunk beds! And the loft has its own full bathroom! This HIDDEN GEM is only 20 minutes from kayaking and seafood, fresh from the Gulf, in CEDAR KEY. It's less than 20 minutes from the Super Walmart in Chiefland. Another 5-10 min takes you NW to Manatee State Park, NE to Devil's Hammock, and S to Crystal River and Goethe State Forest. Originally built as a family retreat, it became a prized vacation rental in Feb 2022.

1670 State Rd 24, Otter Crk Unit Otter Creek, Cedar Key

549 1st St, Cedar Key
$459,000
2 Beds ⋅ 2 Baths ⋅ 790344 MLS
Wow!! Looking for a terrific vacation rental investment? This two-unit home in downtown historic Cedar Key, Florida, is for you! With a bedroom, bath and kitchenette on each floor, you can rent this property as one unit for four people, or as two double units, separately. This home is elevated for flood safety--but wow--the elevation really extends the water view! Perched just steps from popular "Dock Street" and its restaurants, bars, fishing pier, and outdoor fun, this location is perfect! Just a few steps in the other direction, and you will be at the coffee shop, smoothie joint, library, Art Center or "Main Street" art and gift shops. City Park is just 1.5 blocks away, with its beach, picnic pavilions, sports court and playground. Rent a kayak there and explore the natural surroundings the island is known for. Oh my--location, location, location! Tastefully decorated, this unit recently enjoyed a refreshing update. Continue with the current independent local vacation rental management company, and you will be set to begin cashing in on closing day. Visit as often as you like, and make rental income when you are away--the very best scenario!

549 1st St, Cedar Key

557 1st St, Cedar Key
$529,000
2 Beds ⋅ 2 Baths ⋅ 796258 MLS
Downtown Cedar Key Gem with Exceptional Income Potential This unique downtown Cedar Key property offers unmatched flexibility with two completely separate living spaces, each featuring its own private entrance, full kitchen, and master suite—one on each floor. Ideal for vacation rentals, multi-generational living, or owner-occupy with income, this home adapts effortlessly to your lifestyle or investment goals. Offered fully furnished and move-in ready, the property is thoughtfully designed for comfort and convenience, allowing you to start enjoying or renting immediately. Whether used as a full-time residence, seasonal getaway, or high-demand rental, the layout provides privacy for guests while maximizing rental potential. Located in the heart of downtown Cedar Key, you're just steps from restaurants, shops, galleries, and the waterfront—everything that makes island living so desirable. A rare opportunity to own a versatile, turnkey property in one of Florida's most charming coastal communities.

557 1st St, Cedar Key