Cedar Key - Beach Property For Sale #7373070

Own a charming, versatile piece of Florida history in the heart of Downtown Cedar Key. This multi-unit commercial property offers a rare combination of immediate income and potential for utilization of a historic carriage house located on the property. The captivating dwelling located in the heart of the Historic District of Cedar key marvels with a short walk to the park, restaurants, stores and the Cedar Key waterfront. The ground floor is set as commercial income with spacious storefront and an active lease in place, providing a reliable, steady income stream from day one. The upper level with separate entrance towards the rear of the property showcases a beautifully updated 2 bedroom/2 bath residence currently optimized for the vacation rental market in place now. This *Old Florida* gem opens to beautiful wood stairs, large foyer with high ceilings drawing you into the dining room, kitchen and living area located on the main floor with a full bath showcasing a walk-in shower, as well. The space features gorgeous hardwood floors, stackable laundry, and a full kitchen with granite countertops. Large wraparound windows fill the living area with natural light, while the private porch offers guests a front-row seat to the charm of the historic downtown. The upstairs area houses two bedrooms with one bath and a small patio for the view overlooking the back water. Keep in short-term rental or live there year-around. Marvel at the historic carriage house that is adjacent to the main house. It is a standout feature, offering a blank canvas for a third revenue stream. Transform it into a boutique art gallery, a cozy caf, or an additional vacation rental unit to further maximize your return on investment. A new roof on upstairs porch, updated hot water heater and new flooring in upstairs bath with charming updated courtyard is waiting for you! This jewel of a building with income producing available immediately, easy walk to downtown shops, restaurants, park and beach is a wonderful opportunity to own a historic piece of Cedar Key!