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$2,500,000

Active

491 Dock St, Cedar Key, FL 32625

8,672 sq ft

Listing courtesy of JASON MITCHELL REAL ESTATE FLO · MLS# TB8489149

221 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

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.

Facts

Property type
Mixed Use
Year built
1964
Waterfront
Yes · 100 ft
Water access
Gulf/Ocean, Intracoastal Waterway
Water view
Yes
Flood zone
VE
Annual taxes
$11,207/yr
Listed
Mar 21, 2026
MLS #
TB8489149

Commercial details

Building & site

Building size
8,672 SF
Lot size
0.22 acres (9,583 SF)
Road frontage
Business District, City Street
Buildings
1

Investor metrics

Price per SF (MLS)
$288.28/SF

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

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491 Dock St, Cedar Key, FL 32625

Listing courtesy of JASON MITCHELL REAL ESTATE FLO · MLS# TB8489149 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 11:13 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]