Shops and restaurants fill Dock St. in Cedar Key. Photo made April 15, 2012. Cedar Key hosts a variety of festivals throughout the year, including an arts festival in April and a seafood festival in October. Due to its small size and slow pace, golf carts are a popular mode of transportation around the island. Cedar Key is popular for fishing, bird watching and boating. Aquaculture (farm raised clams) and tourism are two large industries in Cedar Key.