12530 Merle Avenue Cedar Key living at its finest! Rare Opportunity to own such a beautiful home, close to downtown Cedar Key with NO flood insurance required as its NOT in a flood zone! The size of the parcel alone is rare for this area. This well-maintained 2-story custom home has a guest cottage and its own unique storm shelter! The home sits up high & dry on almost 1 acre of land that is nicely landscaped with a peaceful pond. The main home offers 1800+ SF of living space with 3 bedrooms and 2.5 bathrooms and 2 gas fireplaces. Take in the beautiful water views and scenery from one of the main wooden decks, both covered & uncovered, great for enjoying the weather or grilling out. The primary bedroom with ensuite bathroom is located on the 2nd floor with its own private den w/ fireplace and french doors leading out to a private balcony to enjoy the beautiful water views and enjoy your morning coffee. This is not just a home, it offers an amazing investment income opportunity. The main home can be rented out while you are out of town or you can use the separate 1 bedroom/1 bath guest cottage (360 SF) to bring in additional income. The storm shelter is easily accessible and offers peace of mind and could also be used as a fantastic place for wine storage. Embrace the charm of this small-town fishing village here in Cedar Key with a perfect blend of tranquility and charm. Don't miss out; schedule your showing today to explore the endless possibilities that await in this exceptional Cedar Key residence where friends and family alike will feel right at home!