Ad #7767811
MLS #799534
Discover an incredible investment opportunity in the heart of
11918 State Rd 24, Cedar Key, Florida, 32625
$849,000
4Beds
2Baths
0Sqft
0.510Acres
About this property
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.
Property Features
4 Beds
2 Baths
0 Sqft
0.510 Acres
On Beachfront
Driveway, Open, Off Street
Siding: Frame
Metal Roof
Central, Electric (Heating)
$7,217 / yr property tax
Levy County
Not in Subdivision Community
Additional Photos
Contact Information
Krystal Wynans
Hatcher Realty Services, Inc.
352-949-7511
Location
Listing Agent: Krystal Wynans 352-949-7511
Broker: Hatcher Realty Services, Inc. 352-498-5151 Listing Site
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Hatcher Realty Services, Inc. 352-498-5151 Listing Site
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 20, 2026
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$849,000
4
Beds
2
Baths
0
Sqft
11918 State Rd 24, Cedar Key, Florida, 32625
By contacting this agent you agree to these Terms and Conditions.
MLS# 799534
Discover an incredible investment opportunity in the heart of
$849,000
11918 State Rd 24, Cedar Key, Florida, 32625
4
Beds
2
Baths
0
Sqft
0.510
Acres
$849,000
11918 State Rd 24, Cedar Key, Florida, 32625
4 Beds
2 Baths
0 Sqft
0.510 Acres
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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Property Details
HOME DETAILS
4 Beds
2 Baths
0 Sqft
0.510 Acres
BEACH & VIEW
On Beachfront
EXTERIOR
Driveway, Open, Off Street
Siding: Frame
Metal Roof
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
$7,217 / yr property tax
Levy County
Not in Subdivision Community
See More Details
Location
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Ad Statistics
Ad Number
7767811
Viewed
23 times
Listing Status
Active
Added
Jul 08, 2026
Last Refresh
Jul 19, 2026 11:29:25 PM
Listing Information
Data Source
Dixie-Gilchrist-Levy Multiple Listing Service
Source Property ID
799534
Listing Agent: Krystal Wynans 352-949-7511
Broker: Hatcher Realty Services, Inc. 352-498-5151 Listing Site
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Hatcher Realty Services, Inc. 352-498-5151 Listing Site
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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