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Overview

0 ba8,672 sqftMixed Use
TypeMixed Use
HOANone listed
Built1964
Lot9,583 sqft
Living area8,672 sqft
Price / sqft$288

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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.

From the listing

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.

The essentials

Built
1964
Price / sqft
$288
On market
203 days
Annual tax
$11,207
Lot
9,583 sqft
Type
Mixed Use

At a glance

Single family
Built 1964
9,583 sqft lot
Lot size
8,672 sqft
Living area

Payment

Est. monthly payment
$15,223/mo
Down payment (20%)
$500,000
Property taxes
$934/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Mixed Use
Year Built
1964
Lot
9,583 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
203
Annual Tax (2025)
$11,207

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Levy
Lot Size
9,583 sqft

Price history

Date
Event
Price
3/21/2026
Listed for sale
Source: Stellar MLS #TB8489149
$2,500,000
$288/sqft

Neighborhood

491 Dock Street
Cedar Key, FL, 32625

Market insights

Offer Insights

Choose an offer strength

List price: $2,500,000
$2.38M – $2.50M
95.2% – 100% of listTops out right at the list price
80% of listList price
178 of the last 355 home closings in Levy County landed at this number or higher (50%). The median one sat 67 days before it went under contract, and this one is on day 203.

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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Calculator

Est. monthly payment
$15,222/mo
Principal & interest$13,039
Property taxes$934
Insurance$1,250
Down payment20% · $500,000
Interest rate6.80%
Loan term

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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.

Offer

What should I offer?

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Brokered byJASON MITCHELL REAL ESTATE FLOListing agent: Diane BlakeListing data from Stellar MLS, MLS# TB8489149.

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