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  • $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

    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.
    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#: 800126MLS Logo

      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

        DateEventPrice
        10/19/2026Listed for sale$782,400+19961.5%
        Source: Dixie-Gilchrist Levy Counties BOR #800126 Report a problem
        1/31/2011Sold$3,900
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32625

        Getting around

        2 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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