Mixed Use at 505 3RD ST, CEDAR KEY
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37 photos

$325,000

505 3RD ST
CEDAR KEY, FL 32625
Listed by Shasta Schoellhorn · COLDWELL BANKER M.M. PARRISH REALTORS
Bedrooms
N/A
Bathrooms
N/A
Living area
2,330 sqft
Year built
1940

About this home

Mixed-use restaurant property in Cedar Key just steps from the marina and coastal attractions. Fishbonz features an established restaurant space on the ground level, plus two finished apartments that provide rental income. Strong tourism traffic, walkable location, and limited commercial inventory make this an attractive owner-user or investment opportunity in a tightly held coastal market.

Highlights

New construction

Property details

MLS
Stellar MLS
MLS #
MFRGC539939
Property type
Mixed Use
Subdivision
MAP/SOURN PART/CITY/CEDARY KEY
Status
Active
Days on market
153
On market date
May 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.09 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 153 days -- 104 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

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,107/mo
$65,000 down
$260,000 loan
Principal & interest$1,686
Property tax (est.)$271
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 14 days ago.

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.