7251 State Road 24Cedar Key, FL 32625

  • Land
  • 1.30 AC
For Sale
$80,000 View listing

Property Details for 7251 State Road 24

Lot size
1.30 AC
Property type
Land
Property subtype
Commercial land
APN
1746500000
APU
1746500000

Description

This exceptional 1.3-acre commercial land parcel in Leon County, Florida, presents a unique investment opportunity. Located at 7251 SW State Rd 24, Cedar Key, FL 32625 (APN 1746500000), this cleared lot is priced at $80,000. Previously planned for a veterinary clinic, the property includes an existing septic tank, ready for activation. While well and power pole installation are required, power is readily accessible through Central Florida Electric Co-Op, simplifying development. Situated just eight miles from Cedar Key, this location offers easy access to the Gulf of Mexico, Wacassassa River, and Suwannee River, providing abundant recreational opportunities. Nearby attractions include natural springs, nature trails, and birdwatching areas. Cedar Key itself boasts a vibrant culinary scene, boat tours, and opportunities for kayaking, golf carting, and fishing. The property's strategic location off Highway 24 ensures high visibility and convenient access for potential businesses. This property is ideal for entrepreneurs seeking a blank canvas for commercial development or those looking to build a home in a beautiful coastal setting. The combination of prime location, existing infrastructure, and recreational proximity makes this a compelling investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,442,802
    Hospitality
    $12,313,534
    Educational
    $10,244,716
    Medical
    $10,597,047
    Retail
    $15,936,225
7251 State Road 24, Cedar Key, Florida

Location Insight

City
Cedar Key
County
Levy
State
Florida
Latitude
29.2226
Longitude
-82.9573
CBSA code
23540
CBSA name
GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$410
-
-
$27,000
-
$27,000
-
$27,000

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