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$649,000

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!

2 Beds ⋅ 3 Baths ⋅ 799938 MLS

409 2nd St, Cedar Key

$999,900

Tucked away at the end of a peaceful, quiet street, this exceptional waterfront retreat on the island of Cedar Key offers the perfect blend of coastal charm, boating lifestyle, and relaxed island living. Just a short golf cart ride to downtown shops, restaurants, and marinas, this beautifully maintained 3-bedroom, 2.5-bath home is designed for making the most of life on the water. Step inside to an inviting open floor plan filled with natural light and stunning water views. The spacious living, dining, and kitchen areas flow seamlessly together, creating the ideal space for entertaining family and friends. Multiple levels of decking — both open-air and enclosed — provide endless opportunities to enjoy morning coffee, sunset cocktails, coastal breezes, and year-round outdoor living. Boaters and anglers will appreciate the private dock featuring a floating dock and dedicated fish cleaning station, making it easy to head out for a day on the Gulf or clean the day's catch right at home. Beneath the home, the air-conditioned lower-level space offers the ultimate man cave, complete with two refrigerators and an ice maker — perfect for entertaining, game days, or storing all your fishing and boating essentials. A separate storage area provides additional convenience for tools and gear. Outside, the fully landscaped yard creates a private tropical setting, while the large concrete slab under the home offers the perfect spot for a fire pit gathering area, outdoor entertaining, or relaxing after a day on the water. Whether you're searching for a full-time residence, weekend getaway, or income-producing island retreat, this waterfront gem delivers the laid-back luxury and boating lifestyle that make Cedar Key so special.

3 Beds ⋅ 3 Baths ⋅ 799144 MLS

16851 Anna St, Cedar Key