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About this home
491 Dock Street is a 1964-built home Cedar Key. Listed at $2,500,000 (about $288/sqft), 203 days on market.
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 provide 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.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Sample: 355 closed home sales in Levy County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$2,500,000
$288 per sq ft
Size
8,672 sq ft
Time on market
203 days
Year built
1964
Monthly payment
About $15,223/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $11,207 annual tax bill, insurance.
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