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Business Opportunity - CORONET PARK for Sale

12685 STATE ROAD 24, CEDAR KEY, FL 32625

Asking Price$425,000

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  • Days on market:

    3 day(s)
  • Original Price:

    $425,000
  • Price per sqft:

    $167.06
  • Tax Legal Description:

    29-15-13 CORONET PARK BLK 2 LOTS 2,3,4,17,18 & 19 -MERMAIDS LANDING COTTAGES- OR BOOK 1462 PAGE 912
  • Tax Year:

    2023
  • Property Type:

    Business Opportunity
  • Waterfront:

    Yes
  • Waterfront Description:

    Gulf/Ocean to Bay
  • Construction Type:

    Wood SidingWood FrameConcrete
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Space HeaterWall Units / Window Unit
  • Floor Description:

    Ceramic Tile
  • Equipment/Appliances:

    MicrowaveRefrigerator
  • Special Listing Conditions:

    None
  • Lot Features:

    Historic District

Description

$425,000 • living size area 2544 sqft • waterfront access

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.
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