The community of Cedar Key sprouted up along the shores of Way Key, one of a group of islands lying off the west coast of Florida, half way between Tampa and Tallahassee on Florida's Big Bend. Once a hub for shipping seafood and produce, now the town is described as a sleepy fishing village. Cedar Key, named for the island's trees, were a key element for Faber and Eagle pencil manufacturing. The trees were indiscriminately harvested and finished off by a 1836 hurricane. The key still relies on the sea for part of its local economy. A string of restaurants along the waterfront offer picturesque Gulf views and seafood fare. Various artists display their paintings and craftwork along Dock Street.
The remainder of the larger islands make up the Cedar Key National Wildlife Refuge. Its 700 acres protects wildlife, especially nesting birds. Atsena Otie Key is governed by The Suwannee River Water Management District and improvements include a dock and hiking trail. The remains of the Faber Pencil Mill can be found on Atsena Otie.