Skip to main contentSkip to navigation
1 / 36
Images
Map

Residential Land for Sale in Cedar Key, Florida

11750 Rye Key Dr, Cedar Key, FL 32625

$799,000
5.53 acres
Active
$26k drop
Est $6,051/mo

If you are looking for special, take a look at this exclusive water front island property in Cedar Key, Florida! Inside the island's gated Rye Key neighborhood, this amazing lot is at the very point, almost completely surrounded by Gulf of Mexico waters! The property includes rights to the the surrounding waters--for a total of 5.53 acres--and approximately 1.2 of these acres are usable uplands! Build your dock and boathouse at the very point, and you will enjoy the ABSOLUTE BEST deep water access on the whole island! Right off the channel, this area is always nice and deep, so your water access will not be limited by tides as in other areas. With all of this upland, you will have plenty of room to build your dream home, and to create a unique, private space. There's room for a swimming pool, a garage, a large garden, a workshop, and an accessory dwelling--whatever you might want to include in your homestead--this much private island upland is a very rare luxury! Move into your new elevated home and you will enjoy gorgeous unobstructed sunrise views to the east, and exquisite unobstructed sunset views to the west. You have to see it. It just doesn't get any better than this.

Location

Street address
11750 Rye Key Dr
Community
Rye Key
School district
Levy
Elevation
7 feet
Coordinates
29.156, -83.0454

Directions

From SR24 in Cedar Key, turn onto Whiddon Avenue, and follow it around the school. At Gulf Boulevard, turn right, and follow it pas the cemetery. At Hodges Avenue, turn left and go two blocks to SW 165th Avenue, and turn right. Past two intersections, you will be faced with the RYE KEY community gate. The land is at the end of this road, isolated on the very point of Rye Key, on the Gulf of Mexico.

Property details

Acreage
5.53 acres
MLS #
DGLMLS 786822
Posted

Property taxes

Recent
$7,165

Parcels

  • 0034900100

Legal description

Details and features

Listing

Type
Land

Lot

View
Water
Features
850 Feet of Waterfront, Dock, Waterfront

Exterior

Fencing
Fenced
Features
Fence

Listing history

DateEventPriceChangeSource
Jan 18, 2025Price drop$799,000$26,000 -3.2%DGLMLS
July 22, 2024Price drop$825,000$150,000 -15.4%DGLMLS
July 17, 2024Relisted$975,000DGLMLS
July 17, 2024Listing removed$975,000Listing agent
Mar 20, 2024Price drop$975,000$20,000 -2%DGLMLS
July 14, 2023New listing$995,000DGLMLS
Subscribe to listing updates

Payment calculator

This 5.53-acre property is located at 11750 Rye Key Dr in Cedar Key, FL 32625. The property is available for sale for $799,000 with a price per acre of $144,485.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2025 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.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact