This paper shows the environmental changes and high-frequency cyclicity recorded by Lower Jurassic shallow-water carbonates known as the Calcare Massiccio Formation which crop out in the central Apennines of Italy. Three types of sedimentary cycle bounded by subaerial erosion have been recognized: Type I consists of a shallowing upward cycle with oncoidal floatstones to rudstones passing gradationally up into peloidal packstone alternating with cryptoalgal laminites and often bounded by desiccation cracks and pisolitic-peloidal wackestones indicating a period of subaerial exposure. Type II shows a symmetrical trend in terms of facies arrangement with peloidal packstones and cryptoalgal laminites present both at the base and in the upper portion of the cycle, separated by oncoidal floatstones to rudstones. Type III displays a shallowing upward trend with an initial erosion surface overlain by oncoidal floatstones to rudstones that, in turn, are capped by pisolitic-peloidal wackestones and desiccation sheet cracks. Sheet cracks at the top of cycles formed during the initial phase of subaerial exposure were successively enlarged by dissolution during prolonged subaerial exposure. The following sea-level fall produced dissolution cavities in subtidal facies, while the successive sea-level rise resulted in the precipitation of marine cements in dissolution cavities. Spectral analysis revealed six peaks, five of which are consistent with orbital cycles. While a tectonic control cannot be disregarded, the main signal recorded by the sedimentary succession points toward a main control related to orbital forcing. High frequency sea-level fluctuations also controlled diagenetic processes.