$2,500,000
491 Dock Street
Cedar Key, FL 32625
Listing updated: April 9, 2026 at 2:08 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history19 days on market
- Status: ActiveMar 22, 2026
- Listed$2,500,000Mar 21, 2026
- Price increased$2,500,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 19
- County
- Levy
- Year built
- 1964
- Living area
- 8,672 sq ft
- Price/sq ft
- $288
- Lot size
- 9,583 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- VE (12075C0444G)
- Annual taxes
- $11,207 (2025)
- Parcel #
- 08761-000-00
- MLS #
- TB8489149
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Interior Details
- Appliances
- Dryer, Microwave, Refrigerator, Washer
Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Commercial Financing
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Vinyl Siding
- Foundation
- Concrete Perimeter
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Utilities
- BB/HS Internet Capable, Electricity Available, Water Connected
Community
- Pets allowed
- Yes - See Condo Docs
Listing Details
- Listing date
- 2026-03-21
- On market date
- 2026-03-21
- Original list price
- $2,500,000
- MLS area
- 32625 - Cedar Key
- Listing AOR
- Osceola
- Status changed
- 2026-03-22
- Tax legal description
- 32-15-13 CEDAR KEY DOCK TRACTS DESC IN OR BOOK 1737 PAGE 267
Flood risk
Coastal high-hazard area (Zone V) with wave action. In a FEMA Special Flood Hazard Area — flood insurance is generally required by lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 9, 2026 at 2:08 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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