Land - Mixed-Use
1,700+ Acre Frontage on Gulf of Mexico
SW County Road 347 & SR-24
Cedar Key, FL 32625

• The 2nd largest privately held property on either coast in the State of Florida
• The State of Florida is expected to double its population by 2050
• The State is likely to increase its park land holdings in the "Nature Coast"
• "World Class" shopping, entertainment and dining in nearby Orlando and Tampa
• Property includes 35 +/- islands

• Miles of beach front land to develop and located within a 2 hour drive of both the Greater Tampa and Orlando areas
• In the heart of the "Nature Coast" -- surrounding state parks will ensure long term seclusion, thus ensuring ever increasing value and demand.
• Subject parcel includes an historic railroad line adjacent to SR-24

Marcus & Millichap is pleased to offer for sale 3,668 gross acres MOL of land located on the Gulf of Mexico just south of Cedar Key, Florida.  The subject property is comprised of twelve parcels containing approximately 335.4 acres of uplands, 1,379.1 acres of wetlands, parcel acreage of 1,714.5 acres, and 1,953.8 clearly sovereign acres.

Access to the subject property is from the paved SR-24 frontage along the west and north; and, the islands and southeastern part of the property may be accessed by airboat.  Part of the subject property is submerged land, and according to the U.S. Geological Survey map the upland areas of the subject property, those being areas closet to SR-24, have elevations of approximately five to fifteen feet.  However, no detailed topographic map of the subject property has been provided.

The current zoning is F-RR (Forestry/Rural Residential), which would allow development of single family residences on 20-acre lots.  The potential “Highest and Best Use” for the site is a Planned Unit Development (PUD).  This would require the subject property be rezoned to accommodate on-half acre and one-acre lots for development of single family homes.  There is also protential for a golf course to be designed into this parcel.