# 11918 State Rd 24, Cedar Key, FL 32625

> **TL;DR:** 4bd/2ba residential multi family, $849,000.
> Waterfront. Est. $4,541/mo. Listed 72 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $849,000 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Lot Size | 22,216 sqft (0.51 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 72 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,293 |
| Estimated Insurance | $248 |
| **Total** | **$4,541** |

## Key Amenities

- Waterfront

## Property Highlights

- 0.51 acre lot
- Waterfront

## Description

### Agent Description
Discover an incredible investment opportunity in the heart of Cedar Key with this rare waterfront multi-family home situated on 0.51 acres. Each side of this elevated duplex features 2 bedrooms and 1 bathroom, offering comfort, privacy, and strong rental appeal. The property boasts 1,470 sq. ft. of cooled living space and 3,552 sq. ft. total, providing plenty of room for guests, family, or tenants. Perched directly on the water, this stilt-built home includes two covered parking spaces per unit, offering convenience and protection. Residents and guests can enjoy the private dock, ideal for boating, fishing, paddleboarding, and taking in Cedar Key's unforgettable sunsets. Currently operating as a successful income-producing rental on multiple platforms, the home comes fully furnished, making it a true turn-key investment. Whether you're looking to expand your rental portfolio or live on one side while renting out the other, this property offers tremendous flexibility. A standout feature of this property is its unique zoning, which may allow for the addition of up to four total units-a rare opportunity in Cedar Key. Buyers are encouraged to perform their own due diligence to confirm buildability and expansion options. With spectacular water views, proven rental performance, and future development potential, this property offers endless possibilities for investors or owner-occupants seeking a slice of Cedar Key paradise.

## Location

- **Address:** 11918 State Rd 24, Cedar Key, FL 32625
- **County:** Levy
- **Neighborhood:** Not in Subdivision
- **Coordinates:** 29.1537642, -83.0311342
- **Google Maps:** https://www.google.com/maps?q=29.1537642,-83.0311342

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/11918-State-Rd-24-Cedar-Key-FL-32625/unbranded

## Listing Agent

- **Name:** Krystal Wynans
- **Brokerage:** Hatcher Realty Services, Inc.
- **Phone:** 3529497511
- **Broker Phone:** (352) 498-5151
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/11918-State-Road-24_Cedar-Key_FL_32625_M68806-39580?f=listhub&s=DGLMLSFL&m=799534&c=propsimple)

## Photos

![11918 State Rd 24 - Photo 1](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f3099053868r.jpg)

![11918 State Rd 24 - Photo 2](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f997466752r.jpg)

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![11918 State Rd 24 - Photo 36](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f3095523993r.jpg)

![11918 State Rd 24 - Photo 37](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f1653860093r.jpg)

![11918 State Rd 24 - Photo 38](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f94742273r.jpg)

![11918 State Rd 24 - Photo 39](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f2647793711r.jpg)

![11918 State Rd 24 - Photo 40](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f2459184228r.jpg)

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![11918 State Rd 24 - Photo 46](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f1906613451r.jpg)

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![11918 State Rd 24 - Photo 50](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f3134187652r.jpg)

![11918 State Rd 24 - Photo 51](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f1118367142r.jpg)

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![11918 State Rd 24 - Photo 53](http://lh.rdcpix.com/0c6d0939836129a50b32998920bca549l-f3538422408r.jpg)

---

**MLS#:** 799534 | **Updated:** 2026-09-13
**Source:** listhub

*Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/11918-state-rd-24-cedar-key-fl-32625-l799534)

---

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