Mixed Use at 491 DOCK ST, CEDAR KEY
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FISHER - 491 DOCK ST, CEDAR KEY
MARINA - 491 DOCK ST, CEDAR KEY
WATERY - 491 DOCK ST, CEDAR KEY
SAND DOLLAR - 491 DOCK ST, CEDAR KEY
SEA SIDE - 491 DOCK ST, CEDAR KEY
SANDPIPER - 491 DOCK ST, CEDAR KEY
CLAM - 491 DOCK ST, CEDAR KEY
HERON - 491 DOCK ST, CEDAR KEY
SPOONBILL - 491 DOCK ST, CEDAR KEY
SUNSET - 491 DOCK ST, CEDAR KEY
SEA TURTLE - 491 DOCK ST, CEDAR KEY
STARFISH - 491 DOCK ST, CEDAR KEY
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22 photos

$2,500,000

491 DOCK ST
CEDAR KEY, FL 32625
Listed by Diane Blake · JASON MITCHELL REAL ESTATE FLO
Bedrooms
N/A
Bathrooms
N/A
Living area
8,672 sqft
Year built
1964

About this home

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.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRTB8489149
Property type
Mixed Use
Subdivision
N/A
Status
Active
Days on market
19
On market date
March 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.22 acres
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Walkability

Blended score for CEDAR KEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in CEDAR KEY, from live MLS data.

On the market 19 days -- 238 fewer days than CEDAR KEY's current average of 257 days.
For reference, the median list price across 37 active listings in CEDAR KEY right now is $240,000.

Mortgage calculator

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.