Located in the charming coastal town of Cedar Key, Florida, these rare vacant lots presents a unique opportunity for those seeking a prime property in a picturesque setting. Situated on the corner behind the Island Hotel in the heart of downtown within the historic district, this property offers the perfect blend of residential and commercial possibilities. Spanning a total of three lots, totaling 0.17 acres, this expansive parcel of land provides ample space for development while retaining its quaint and inviting appeal. One of the standout features of this property is its enviable location, offering excellent walking distance to a myriad of amenities including shopping, restaurants, and local attractions. The vibrant downtown area pulsates with energy and charm, making it an ideal spot for those looking to immerse themselves in the vibrant pulse of the community. As if the location wasn't enticing enough, this property boasts a stunning water view from 3rd Street that adds to its allure. With a scenic vista that overlooks natural mangrove and salt marsh waters, residents and visitors alike can bask in the beauty of the natural surroundings. The presence of mangroves and abundant bird life further enhances the appeal of this property, providing a harmonious blend of nature and urban convenience. The versatility of this property offers the potential for a residential home to be built or the option for commercial development. Build up on stilts and have an amazing view that you can enjoy every day. Whether you envision a charming residential retreat or a thriving commercial venture, the possibilities are endless with this prime piece of real estate. Vacant land is limited on the island. Don't miss this opportunity with its prime location in the historic downtown district, water views, and the potential for residential or commercial development. This property is a rare gem waiting to be discovered. Whether you are looking to create a dream home, establish a business, or simply invest in a piece of paradise, this property offers a canvas of possibilities against a backdrop of natural beauty and charming downtown living. Taxes are estimated for future.
A canopy of trees highlights this picturesque downtown parcel! Total of 3 lots that have incredible potential for your new home or commercial building. Build for your business and live upstairs! Located one block from the city marina and walking distance to Dock St and 2nd St, you'll have all the shops, restaurants and amenities like the post office and library within your easy reach! A beautiful water and mangrove view can be yours from the structure you build, a chance to fully realize the beauty that is Cedar Key. There are only a handful of lots in the downtown commercial district and none currently on the market. This amazing opportunity is rare so don't miss the chance to live "in the village"!
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Levy County
APN
0858500100
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Last updated by owner on Jan 21, 2026.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 111° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Cedar Key, FL • 32625
Average low and high temperatures (°F)
60
46
65
53
72
59
77
66
82
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88
79
88
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86
75
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66
74
60
67
53
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Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3 Lots 3rd St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $200,000 and $612,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $200K to $612K.