About 12685 State Road 24
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.
Features of 12685 State Road 24
| MLS® # | V4940167 |
|---|---|
| Price | $375,000 |
| Sold Price | $325,000 |
| Sold Date | April 3rd, 2025 |
| Square Footage | 2,544 |
| Acres | 0.66 |
| Year Built | 1956 |
| Type | Commercial Sale |
| Sub-Type | Hotel/Motel |
| Status | Sold |
Listing Details
| Office | YOUR REALT |
|---|
Listing Map
Neighborhood Information for 12685 State Road 24
Stable Population, Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Cedar Key High School Public - Preschool to 12Th Grade - Closest Elementry School |
0 Miles |
School data provided by GreatSchools