The biggest problem with small tanks is that you need to monitor and likely top off with FW daily--otherwise, you have widely fluctuating levels of salinity.
It sounds as though you have plenty of waste--the cycling will be fairly quick, but I would still test and do water changes to keep the levels low. Expect about 2 weeks for full cycling, with lots of water changes in between. If you don't do the changes, it' likely to take longer as the high levels will kill off more live rock critters, creating even more ammonia.
Due to the instability of smaller tanks, unless you will be devoting time each day to the tank, I would avoid anything sensitive. Anemones seldom survive long in large, mature systems--not advisable for a small, instable, new tank.