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12685 STATE ROAD 24 Cedar Key, FL 32625

$325,000
$375,000
13.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

12685 STATE ROAD 24 Cedar Key, FL 32625
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FL > Cedar Key > Coronet Park
Cedar Key, FL 32625,12685 STATE ROAD 24
$325,000
Est. payment /mo
$375,000
13.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,544 SqFt
SOLD DATE : 04/03/2025

Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 2,544 sqft

Price per Sqft $127

Subdivision Coronet Park

MLS Listing ID V4940167

Sold Date 04/03/25

Construction Status Fixer

HOA Y/N No

Year Built 1956

Annual Tax Amount $11,088

Lot Size 0.660 Acres

Acres 0.66

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

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.

Location

State FL

County Levy

Community Coronet Park

Area 32625 - Cedar Key

Interior

Heating Space Heater, Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Appliance Microwave, Refrigerator

Exterior

Community Features Airport/Runway, Sidewalks

Utilities Available BB/HS Internet Capable, Public

Waterfront Description Gulf/Ocean to Bay

View Y/N 1

Water Access 1

Water Access Desc Bay/Harbor,Gulf/Ocean to Bay

Building

Lot Description Historic District

Foundation Crawlspace

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Concrete,Wood Frame,Wood Siding

New Construction false

Construction Status Fixer

Others

Ownership Partnership

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Ben Aicher

Ben Aicher

benaicherrealtor@gmail.com +1(614) 563-2908

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Stellar MLS

© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.

Listed by YOUR REALT
Bought with BLACK DOG REAL ESTATE ADVISORS, INC.

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LPT Realty

Ben Aicher

+1(614) 563-2908 benaicherrealtor@gmail.com

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