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$2,500,000

0 Beds 0 Baths 8,672 SQFT 0.22 Acres
Type: Commercial

491 DOCK STREET
CEDAR KEY, FL 32625

MLS#: TB8489149
Michaelee Jenkins
Michaelee Jenkins
The Real Estate Advantage
Broker Associate | REALTOR® | Team Jenkins | REMAX Advantage Plus
Phone: 952.992.9299
Office: 952.253.5600
Presented by: JASON MITCHELL REAL ESTATE FLO with 754-307-0607. - 754-307-0607

Property Description

 

Welcome to a rare coastal investment opportunity in the heart of Cedar Key—where Old Florida charm meets modern comfort. Located at 491 Dock Street, this beautifully renovated property offers the perfect blend of hospitality and income potential. Featuring 12 thoughtfully updated guest rooms, including 2 ADA-accessible accommodations, every detail has been designed to provide comfort, style, and accessibility for a wide range of guests. Positioned to capture breathtaking Gulf and Intracoastal water views, this property invites visitors to unwind, explore, and experience the laid-back coastal lifestyle that makes Cedar Key so special. Whether it's sunrise over the water or a quiet evening breeze, the setting is nothing short of unforgettable. On the ground level, 4 charming retail storefronts provide additional revenue streams and attract steady foot traffic from both locals and tourists. Perfect for boutique shops, galleries, or cafés, these spaces enhance the vibrant, walkable atmosphere of Dock Street. Nestled in a quaint, historic fishing village, this property is surrounded by local restaurants, art, and nature—yet feels like a peaceful escape from the hustle of everyday life. Highlights: Fully renovated hospitality property 12 guest rooms, including 2 ADA-compliant units 4 income-producing retail spaces Stunning Gulf & Intracoastal views Prime location in the heart of Cedar Key Walkable to shops, dining, and waterfront attractions This is more than a property—it’s an opportunity to own a piece of Florida’s hidden gem and step into a thriving coastal business with charm, character, and endless potential.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes

General

Additional Parcels Y/NNo
AppliancesDryer, Microwave, Refrigerator, Washer
Building Area Units0 sqft
CityCEDAR KEY
Community FeaturesBeach Area, Shared Restrooms, WiFi/Common Internet Service
Construction MaterialsVinyl Siding
CoolingCentral Air
CountyLevy
DirectionsFrom US Highway 19 / US Highway 98, turn west onto State Road 24 and continue approximately 24 miles into Cedar Key. Follow SR-24 as it becomes 2nd Street. Turn left onto Dock Street. Property will be located on the right at 491 Dock Street.
DockY/NNo
Flood Zone CodeVE
Legal Description32-15-13 CEDAR KEY DOCK TRACTS DESC IN OR BOOK 1737 PAGE 267
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet9,583 sqft
Lot Size UnitsSquare Feet
MLS Area32625 - Cedar Key
New ConstructionNo
OwnershipFee Simple
Pets AllowedYes - See Condo Docs
PossessionClose Of Escrow
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Tax Annual Amount$11,207
Tax Lot1
Tax Year2025
UtilitiesBB/HS Internet Capable, Electricity Available, Water Connected
Virtual TourClick here
Water Access TypeGulf/Ocean, Intracoastal Waterway
Water Access Y/NYes
Water ViewGulf/Ocean - Full, Intracoastal Waterway, Marina
Water View Y/NYes
Waterfront FeaturesIntracoastal Waterway
Year Built1964

Exterior

Building Area Total8,672 sqft
Foundation DetailsConcrete Perimeter
Lot Size Acres0.22
Lot Size Area9,583 sqft
Number of Buildings1
Road Frontage TypeBusiness District, City Street
Road Surface TypeAsphalt
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,500,000

0 Beds 0 Baths 8,672 SQFT 0.22 Acres
Type: Commercial

491 DOCK STREET
CEDAR KEY, FL 32625

MLS#: TB8489149
Michaelee Jenkins
Michaelee Jenkins
The Real Estate Advantage
Broker Associate | REALTOR® | Team Jenkins | REMAX Advantage Plus
Phone: 952.992.9299
Office: 952.253.5600