In the center of Cedar Key's commercial corridor, this lot-and-a-half parcel offers a rare development footprint on Main Street, the town's most active and visible thoroughfare. With generous width and a zero–lot-line configuration, the property allows for maximum street presence—an increasingly scarce advantage in this tightly held historic downtown. The site is well suited for a range of commercial and mixed-use concepts, including restaurant space, professional offices, retail storefronts, or motel-style accommodations designed to serve Cedar Key's steady tourism demand. A newly constructed building of two stories or more would enjoy expansive water views and dramatic sunset panoramas, adding a compelling coastal dimension to any future project. Situated within Cedar Key's designated historic district, the property is subject to architectural and design review. All proposed plans must receive approval from the local Historic Review Board and the City Commission, ensuring that new development aligns with the character and long-term vision of the community. For buyers seeking visibility, scale, and long-term upside in one of Florida's most distinctive waterfront towns, this Main Street parcel represents a strategic opportunity to establish a lasting presence in the heart of Cedar Key.