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.
Active
$782,400
7450 SW State Rd 24, Cedar Key, FL 32625
--beds
--baths
39.12Acres
Unimproved Land
Built in ----
39.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 20 days
- 94
- 9
Zillow last checked:
Listing updated:
Listed by:
Deborah Drummond 352-221-1677,
Drummond Realty Inc. 352-221-1677
Source: Dixie-Gilchrist Levy Counties BOR,MLS#: 800126
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Fencing: Barbed Wire,Partial
Lot
- Size: 39.12 Acres
- Features: Multiple Lot(s), Oversize, Native Plants, Wooded, Flood Plain, Horses Allowed
- Topography: Topo Mix
- Residential vegetation: Wooded
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 002970060A
- Horses can be raised: Yes
Utilities & green energy
- Electric: Electric - Central FL Coop
- Water: Well Needed
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Not In Subdivision
Location
- Region: Cedar Key
Financial & listing details
- Tax assessed value: $176,305
- Annual tax amount: $2,338
- Date on market: 10/19/2026
- Listing terms: Cash,Conventional,Submit
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Listed for sale | $782,400+19961.5% |
Source: | ||
| 1/31/2011 | Sold | $3,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,948 -9.7% | $116,032 +10% |
| 2023 | $2,156 +25% | $105,484 +10% |
| 2022 | $1,724 +16.5% | $95,895 +21% |
| 2021 | $1,480 +15.5% | $79,252 -10% |
| 2020 | $1,282 +13.6% | $88,057 +22.2% |
| 2019 | $1,128 -1.4% | $72,047 |
| 2018 | $1,145 | $72,047 +1.2% |
| 2017 | $1,145 +0.1% | $71,206 |
| 2016 | $1,144 -2% | $71,206 |
| 2015 | $1,167 +2.3% | $71,206 -8.8% |
| 2014 | $1,141 | $78,051 -4.9% |
| 2013 | -- | $82,065 |
| 2012 | -- | $82,065 -32.5% |
| 2011 | -- | $121,508 -24.4% |
| 2010 | -- | $160,823 -15% |
| 2009 | -- | $189,287 -11.3% |
| 2008 | -- | $213,481 -9.1% |
| 2007 | -- | $234,802 -19.6% |
| 2006 | -- | $292,037 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32625
Nearby schools
Schools provided by the listing agent
- District: Levy
Source: Dixie-Gilchrist Levy Counties BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






