11918 State Rd 24, Cedar Key, FL 32625
Local realty services provided by:CENTURY 21 Dianne Chewning & Associates
Listed by: krystal wynans, fred wynans
Office: hatcher realty services, inc. trenton
MLS#:796091
Source:FL_DGLMLS
Price summary
- Price:$875,000
About this home
Discover an incredible investment opportunity in the heart of Cedar Key with this rare waterfront multi-family home situated on 0.51 acres. Each side of this elevated duplex features 2 bedrooms and 1 bathroom, offering comfort, privacy, and strong rental appeal. The property boasts 1,470 sq. ft. of cooled living space and 3,552 sq. ft. total, providing plenty of room for guests, family, or tenants. Perched directly on the water, this stilt-built home includes two covered parking spaces per unit, offering convenience and protection. Residents and guests can enjoy the private dock, ideal for boating, fishing, paddleboarding, and taking in Cedar Key's unforgettable sunsets. Currently operating as a successful income-producing rental on multiple platforms, the home comes fully furnished, making it a true turn-key investment. Whether you're looking to expand your rental portfolio or live on one side while renting out the other, this property offers tremendous flexibility. A standout feature of this property is its unique zoning, which may allow for the addition of up to four total units—a rare opportunity in Cedar Key. Buyers are encouraged to perform their own due diligence to confirm buildability and expansion options. With spectacular water views, proven rental performance, and future development potential, this property offers endless possibilities for investors or owner-occupants seeking a slice of Cedar Key paradise.
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Home facts
- Listing ID #:796091
- Added:9 day(s) ago
- Updated:March 05, 2026 at 03:49 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Luxury Vinyl Planking, Tile, Vinyl
- Kitchen Description:Dishwasher, Electric Range, Microwave, Microwave Hood, Refrigerator, Trash Compactor
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Metal
- Lot area:0.51 Acres
- Lot Features:Flood Plain, Landscaped, Native Plants, Rectangular Lot
- Architectural Style:Traditional
- Construction Materials:Frame, T-111
- Exterior Features:Balcony, Barbecue, Deck, Lighting, Open Deck, ext_fea_Dock
- Foundation Description:Raised, Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
Features and amenities
- Appliances:Electric Water Heater, Refrigerator
- Laundry features:Laundry Closet, Laundry Room
- Amenities:Ceiling Fan(s)
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