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$385,000

Tbd State Road 24

Cedar Key, FL 32625

Listing updated: May 29, 2026 at 2:36 PM ET

Active

Listing courtesy of Coldwell Banker M.M. Parrish Realtors · Shasta Schoellhorn · MLS #GC540568 · Active · 352-335-4999

Baths

20.34

Acres

◆20.34 acres◆$0/sqft◆360° tour

Land

Property type

886,010 sqft

Lot size

Price / sq ft

No HOA

HOA dues

Day on market

Flood zone

About this home

20.34 acres of coastal Florida land with infrastructure already in place and strong potential for aquaculture, recreational, or residential use. The property features underground power running to the site, two saltwater wells (one above 30 and one 28), and two freshwater wells. Was previously intended for clam farming operations, creating a unique opportunity for aquaculture expansion or agricultural use. A potential homesite adds flexibility for a private coastal residence, weekend retreat, or live/work setup.

Local Insight

This 20+ acre parcel in an AE flood zone is priced aggressively for raw land in Cedar Key, but you'll need to understand the flood insurance and building restrictions upfront—that's going to be a major cost factor and could significantly limit development potential. The lack of HOA is a plus for flexibility, but you're looking at a completely undeveloped lot with no utilities or infrastructure, so the true cost of making this buildable needs to be calculated carefully before seeing it as a bargain.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$1,947

Property taxes$50

Home insurance (est.)$176

Down payment

20%

$77,000 downRate

6.5%

Term

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 history1 days on market

Status: Active
May 28, 2026
Listed$385,000
May 28, 2026
Price increased$385,000

Facts & features

Property type: Land
Status: Active
Days on market: 1
Subdivision: Lukens Reserve 15
County: Levy
Price/sq ft: $0
Lot size: 886,010 sq ft
Lot category: 20 to less than 50
Flood zone: AE (12075C0442G)
Annual taxes: $595 (2025)
Parcel #: 00340-015-00
Zoning: AC
MLS #: GC540568

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Other

Exterior & Construction

Road surface: Dirt

Utilities

Sewer: None
Water source: Well
Utilities: Electricity Available, Underground Utilities, Water Connected

Listing Details

Listing date: 2026-05-27
On market date: 2026-05-28
Original list price: $385,000
MLS area: 32625 - Cedar Key
Listing AOR: Gainesville-Alachua
Status changed: 2026-05-28
Tax legal description: 16-15-13 0020.34 ACRES TRACT IN N1/2 OF NE1/4 AKA LOT 15 OR BOOK 1786 PAGE 665

Flood risk

High riskFEMA Zone AEPanel 12075C0442G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Gainesville Turn right onto SW Williston Rd 3.5 mi Turn right onto SW 62nd Ave 1.3 mi Continue onto SW 63rd Blvd 0.6 mi Turn left onto FL-24 W 29.1820280, -83.0089161

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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 May 29, 2026 at 2:36 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.

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