7450 Sw State Rd 24, Cedar Key, FL 32625

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List Price
$782,400
Status
ACTIVE
MLS#
800126
Lot Size (Acres)
39.12

Property Description

DREAM BIG ~ CEDAR KEY ~ 39.12 ACRES STRATEGICALLY LOCATED ON HEAVILY TRAVELED STATE ROAD 24 ~ currently zoned FRR Forrestry Rural Residential. with setbacks of 50 ft in the front, 75 ft in the back, and 10 ft on each side with a building height of 50 ft. Current adjacent property use is commercial. A request to change zoning to commercial would have to be submitted to the Levy County Board of Commissioners for consideration and approval. Flood Zone AE according to FEMA website, seller states property has never flooded in his 15+ years of ownership. If you look at an aerial view of the property, it does not appear to show any areas of flooding. It is the buyer's responsibility to obtain a survey of the property for exact property dimensions, along with an elevation certificate. This property is two parcels being sold together. The one-acre property is believed to have been cut out of the parent parcel for homesteading by a previous owner but never developed. Cedar Key is a well-known island vacation destination adventure with world-class fishing on the Gulf, waterfront dining, airplane rides, boating and recreation. GREAT INVESTMENT OPPORTUNITY. Drive by and take a look at this beautiful property on your next trip to Cedar Key. Possible seller financing with 20 percent down, terms to be negotiated.

Additional Information

Subdivision
Not In Subdivision
Taxes
$2,338
Other Structures
None
Utilities
Electricity Available
Water Source
Well Required
Sewer
Septic Needed

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Listing courtesy of Drummond Realty Inc..