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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $127
MLS Listing ID 1207985
Sold Date 04/03/25
HOA Y/N No
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1956
Annual Tax Amount $11,295
Acres 0.66
Property Sub-Type Hotel/Motel
Property Description
It's time to enjoy your dream of owning a business steeped in Old Florida charm & history come to fruition in Cedar Key, a chain of barrier islands known as a nature lover's oasis! Zoned for commercial hotel/motel use & allows for the full time occupancy of owner or inn-keeper delivering possibilities to bring your coastal living hospitality vision to life! The lush, landscaped resort features 8 stand alone buildings enchanting you w/ 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 Helene in 2024, their unique charm & potential remain undeniable. Currently, 2 cottages are fully functional & a 3rd almost there providing the opportunity to reside on-site during renovation as you while work on your vision & produce income. Possibilities are evident by the remarkable cash flow history. Make dreams a reality w/ 8 buildings total & infrastructure for 1 more individual cottage removed post Hurricane Helene, providing potential of 9 doors. An inventory of furnishings & equipment is available, giving insight into the resources already in place. Whether you envision restoring the cottages to their former glory or reimagining 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.
Location
State FL
County Levy
Area 99 - Other
Direction From Chiefland Head south on FL-345 S toward SW4th Ave Continue to follow FL-345 S Continue onto County Rd 345 County Rd 345 turns right and becomes FL-24 W Destination will be on the left
Region Cedar Key
City Region Cedar Key
Interior
Cooling Electric, Wall/Window Unit(s), Window Unit(s)
Exterior
Parking Features Off Street, Parking Lot
Waterfront Description Ocean Access
View Y/N No
Water Access Desc Ocean Access
Building
Lot Description Historic Area
Level or Stories 1
Structure Type Concrete,Lap Siding,Wood Siding
Others
Tax ID 2915130881600000
Ownership Ian Maki & Darrin Newell
Financing Seller Financing
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Bought with STACIE BATES KIMBLE • BLACK DOG REAL ESTATE ADVISORS INC