12685 STATE ROAD 24, CEDAR KEY, FL, 32625
$375,000
Commercial Sale
|
Living Area
2,544 Sqft
|
Lot Size
28,750 Sqft
|
It is time to enjoy your dream of owning a business steeped in Old Florida charm and history come to fruition in Cedar Key, a chain of barrier islands known to be a nature lover’s oasis! This property zoned for commercial hotel/motel use allows for the full time occupancy of an owner or inn-keeper delivering possibilities to bring your island and coastal living hospitality vision to life! The lush, landscaped resort features 8 stand alone buildings enchanting you with 1950's cracker style cottages nestled along the back bay of the Gulf of Mexico, on the historic registry,& brimming with timeless character. Despite having endured damage from Hurricane Helene in 2024, their unique charm and potential still remain undeniable. Currently, 2 cottages are fully functional & a 3rd almost there providing the opportunity to reside on-site during restoration or construction while working on your vision and producing income. The possibilities are evident by the remarkable history of cash flow. Make your dreams a reality with 8 buildings total & offering infrastructure for one more individual cottage that was removed post Hurricane Helene, providing potential of 9 doors. An inventory of furnishings and equipment is available, giving you the insight into the resources already in place. Whether you envision restoring the cottages to their former glory or re-imagining the property for a new purpose, accept this invitation to own a piece of something truly special. A paradise brimming with promise while experiencing extraordinary fishing, birdwatching, nature trails, and more in your new Gulf Coast oasis.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRV4940167 | Year Built: | 1956 | |
| Appliances: | Microwave, Refrigerator | Community Features: | Airport/Runway, Sidewalks | |
| Construction Materials: | Concrete, Wood Frame, Wood Siding | Cooling: | Wall/Window Unit(s) | |
| Country: | US | Disclosures: | Flood Disclosure, Lead Paint | |
| Flooring: | Ceramic Tile | Foundation Details: | Crawlspace | |
| Green Water Conservation: | Drip Irrigation, Whole House Water Purification | Heating: | Space Heater, Wall Units / Window Unit | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash | |
| Lot Features: | Historic District | Occupant Type: | Owner | |
| Possession: | Close of Escrow | Property Condition: | Fixer | |
| Property Sub Type: | Hotel/Motel | Property Type: | Commercial Sale | |
| Road Frontage Type: | State Road | Road Surface Type: | Asphalt | |
| Security Features: | Smoke Detector(s) | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Call Before Showing, Call Listing Agent | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | BB/HS Internet Capable, Public | Vegetation: | Mature Landscaping, Wooded, Trees/Landscaped | |
| Water Source: | Public | Waterfront Features: | Gulf/Ocean to Bay | |
| Window Features: | Blinds, Window Treatments | |||
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