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491 Dock St
For Sale $2,500,000 ($288.28 per Sq Ft)
$2,500,000 ($288.28 per Sq Ft)
- Units
- 8,672 Sq Ft
- 9,583 Sq Ft
- Unknown Cap Rate
Description
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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,500,000 |
| Property Type | Flex Space |
| Usable Sqft | 8,672 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0876100000 |
| MLS # | TB8489149 |
| Property ID | 316398630 |
| Lot Sqft | 9,583 |
| Zoning | Unknown |
| Days on Market | 67 |
| Original List Price | $2,500,000 |
| Applicances | Dryer, Microwave, Refrigerator, Washer% |
| Date Updated | April 09, 2026 |
| Date Created | March 21, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Diane Blake an agent of . Lic #3394244
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 09, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT