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 offer 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.

Cedar Key is located in Florida. Cedar Key, Florida has a population of 897. Cedar Key is less family-centric than the surrounding county with 10.55% of the households containing married families with children. The county average for households married with children is 21.99%.
The median household income in Cedar Key, Florida is $62,788. The median household income for the surrounding county is $43,029 compared to the national median of $69,021. The median age of people living in Cedar Key is 54.2 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 55.5 inches per year, with 0 inches of snow per year.