$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.12685 STATE ROAD 24, CEDAR KEY, FL 32625
Business Opportunity - CORONET PARK for Sale
12685 STATE ROAD 24, CEDAR KEY, FL 32625Asking Price$425,000
- Living 2544sqft
- Lot size 28750sqft
- Taxes: Register to see
- Year Built 1956
-
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 912Tax Year:
2023-
MLS:
V4940167 -
Property Type:
Business Opportunity -
Waterfront:
Yes Waterfront Description:
Gulf/Ocean to Bay
Construction Type:
Wood SidingWood FrameConcreteCooling Description:
Wall/Window Unit(s)Heating Description:
Space HeaterWall Units / Window UnitFloor Description:
Ceramic TileEquipment/Appliances:
MicrowaveRefrigeratorSpecial Listing Conditions:
NoneLot Features:
Historic District