Active
2,330 sqft

505 3rd St, Cedar Key, FL 32625

Mixed UseProperty Type
0.09 acresLot Size
1940Year Built
$139/sq ftPrice per sq ft

Description

Mixed-use restaurant property in Cedar Key just steps from the marina and coastal attractions. Fishbonz features an established restaurant space on the ground level, plus two finished apartments that provide rental income. Strong tourism traffic, walkable location, and limited commercial inventory make this an attractive owner-user or investment opportunity in a tightly held coastal market.Mixed-use restaurant property in Cedar Key just steps from the marina and coastal attractions. Fishbonz features an established restaurant space on the ground level, plus two finished apartments that provide rental income. Strong tourism traffic, walkable location, and limited commercial inventory make this an attractive owner-user or investment opportunity in a tightly held coastal market.
153 days on Market
  • Listed by: Shasta Schoellhorn 352.922.0048 shasta@mmparrish.com Brokerage DRE #1043388 • COLDWELL BANKER M.M. PARRISH REALTORS
  • Listed by: Amber Beckham 352.262.6756 amber@tiogarealty.com Brokerage DRE #1005442 • TIOGA REALTY LLC
Last updated: 10/08/2026 01:32 PM • Source: MFRMLS, MLS#: GC539939
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Location

Listing Courtesy of COLDWELL BANKER M.M. PARRISH REALTORS; TIOGA REALTY LLC
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Payment Calculator

$1,926 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,735

Property Taxes

$191

HOA Dues

$0

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Property Information for 505 3rd Street

Property Details

  • Taxes: $2,289 / year
  • MLS Type: Commercial Sale / Mixed Use
  • County: Levy County
  • Subdivision Name: MAP/SOURN PART/CITY/CEDARY KEY
  • Township: 15
  • Waterfront: No
  • Water View: Bay/Harbor - Full

Building Information

  • Year Built: 1940
  • Lot Size: 0.09 AC / 3,755 SF

Summary

Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3898.0
  • Building Area Units: Square Feet
  • Directions: I-75 North toward SR-24 West, SR-26 West 0.9 miles Take exit 384 onto SR-24, Archer Rd toward Archer 0.4 miles Turn left onto SW Archer Rd toward Archer 52 miles Turn left onto Third St 3 Fishbonz On Third 509 Third St, Cedar Key
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: City Street
  • Unit Number: No
  • Street Number: 505
  • Street Name: 3RD
  • Street Suffix: STREET
  • State: FL
  • City: CEDAR KEY
Taxes and HOA Information
  • Tax Block: 16
  • Tax Legal Description: 32-15-13 CEDAR KEY BLK 16 LOTS 1 & E1/2 OF LOT 2 OR BOOK 1603 PAGE 66
  • Tax Lot: 2
  • Tax Year: 2025
Virtual Tour

Property

Lot Information
  • Additional Parcels Description: 0860000000
  • Additional Parcels: Yes
  • Parcel Number: 0860000100
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: MIXED USE
  • Living Area: 2330
Property and Assessments
  • Year Built Numeric: 1940
  • Flood Zone Code: VE
  • Flood Zone Date: 01-18-2019
  • Flood Zone Panel: 12075C0443G
  • New Construction: Yes
  • Number Of Lots: 2
  • Property Condition: Completed
  • Public Survey Range: 13
  • Public Survey Section: 32

Interior and Exterior Features

Exterior Features
  • Construction Materials: Other
  • Foundation Details: Other, Slab
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Mini-Split Unit(s), Other
  • Living Area Units: Square Feet
  • Water View: Yes

Property History for 505 3rd Street

DateEvent & SourcePriceAppreciation
Oct 8, 2026

Price Change

MFRMLS #GC539939

$325,000—
Oct 8, 2026

Listed (Active)

MFRMLS #GC539939

—
Oct 6, 2026

Expired

MFRMLS #GC539939

$349,999—
DateEvent & SourcePrice
10/08/2026

Price Change

MFRMLS #GC539939

$325,000
10/08/2026

Listed (Active)

MFRMLS #GC539939

—
10/06/2026

Expired

MFRMLS #GC539939

$349,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

505 3rd Street

Total Finished SqFt

1,752 SqFt

Above Grade Finished SqFt

1,752 SqFt

Style

Office Building

Year Built

1940

Year Renovated

1984

County

LEVY

Schools near 505 3rd Street

This home is within School Board of Levy County.
Rating
School
Type
Grades
Distance
Public - PK to 12
Charter - PK to 5
Charter - 6 to 8
Public - 4 to 12
Rating
School
Distance
Cedar Key High School
PublicPK to 12

Whispering Winds Charter School
CharterPK to 5

Nature Coast Middle School
Charter6 to 8

Hilltop Alternative School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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505 3rd Street is a mixed use property for sale in Cedar Key, FL 32625. This property was listed for sale on May 6, 2026 by COLDWELL BANKER M.M. PARRISH REALTORS, it's currently listed at $325,000. This listing's school district is School Board of Levy County. Nearby schools include Cedar Key High School, Whispering Winds Charter School and Nature Coast Middle School. 505 3rd Street is a 0-bed, 0-bath, 2,330 sqft mixed use property built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER M.M. PARRISH REALTORS; TIOGA REALTY LLC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.