549 1st St Cedar Key, FL 32625
Estimated payment $3,043/month
Highlights
- Water Views
- Open Floorplan
- Furnished
- Two Primary Bedrooms
- Cathedral Ceiling
- 4-minute walk to Lil Shark Park
About This Home
Wow!! Looking for a terrific vacation rental investment? This two-unit home in downtown historic Cedar Key, Florida, is for you! With a bedroom, bath and kitchenette on each floor, you can rent this property as one unit for four people, or as two double units, separately. This home is elevated for flood safety--but wow--the elevation really extends the water view! Perched just steps from popular "Dock Street" and its restaurants, bars, fishing pier, and outdoor fun, this location is perfect! Just a few steps in the other direction, and you will be at the coffee shop, smoothie joint, library, Art Center or "Main Street" art and gift shops. City Park is just 1.5 blocks away, with its beach, picnic pavilions, sports court and playground. Rent a kayak there and explore the natural surroundings the island is known for. Oh my--location, location, location! Tastefully decorated, this unit recently enjoyed a refreshing update. Continue with the current independent local vacation rental management company, and you will be set to begin cashing in on closing day. Visit as often as you like, and make rental income when you are away--the very best scenario!
Listing Agent
Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 03/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,659
Year Built
- Built in 2000
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25' x 100'
- Pipe Fencing
- Landscaped
- Rectangular Lot
- Level Lot
Home Design
- Raised Foundation
- Frame Construction
- Metal Roof
- HardiePlank Type
Interior Spaces
- 1,240 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Bar Fridge
- Cathedral Ceiling
- Ceiling Fan
- Double Pane Windows
- Blinds
- French Doors
- Water Views
- Laundry closet
Kitchen
- Electric Cooktop
- Microwave
- Laminate Countertops
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Double Master Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- Tuck Under Parking
- Brick Driveway
- Open Parking
Outdoor Features
- Exterior Lighting
- Porch
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Separate Entry Quarters
- In Flood Plain
Community Details
- Cedar Key Subdivision
Listing and Financial Details
- Assessor Parcel Number 0851400000
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,918 | $350,525 | $50,000 | $300,525 |
| 2024 | $6,918 | $368,710 | $50,000 | $318,710 |
| 2023 | $6,659 | $269,094 | $0 | $0 |
| 2022 | $5,783 | $274,900 | $50,000 | $224,900 |
| 2021 | $4,983 | $222,836 | $50,000 | $172,836 |
| 2020 | $4,576 | $202,175 | $0 | $0 |
| 2019 | $4,716 | $206,919 | $0 | $0 |
| 2018 | $4,763 | $206,919 | $0 | $0 |
| 2017 | $4,364 | $201,684 | $0 | $0 |
| 2016 | $3,948 | $166,772 | $0 | $0 |
| 2015 | $3,809 | $163,622 | $0 | $0 |
| 2014 | -- | $152,634 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2025 03/19/25 | Price Changed | $479,000 | -4.0% | $386 / Sq Ft | |
| 09/09/2024 09/09/24 | Price Changed | $499,000 | -5.0% | $402 / Sq Ft | |
| 03/21/2024 03/21/24 | For Sale | $525,000 | +200.0% | $423 / Sq Ft | |
| 03/26/2014 03/26/14 | Sold | $175,000 | -10.3% | $141 / Sq Ft | View Prior Sale |
| 02/24/2014 02/24/14 | Pending | -- | -- | -- | |
| 01/23/2013 01/23/13 | For Sale | $195,000 | -- | $157 / Sq Ft |
About the Listing Agent
Hi, I'm Vanessa Edmunds, Florida Licensed Real Estate Broker with Cedar Key Realty, Inc., in my beautiful hometown of Cedar Key, Florida, and I’d love to help you, also, find your perfect island home here! If you are currently in the process of choosing a Cedar Key real estate agent, here are a few items that may be of interest regarding my background.
My great-great-grandparents came to Cedar Key when they were young, and loved it enough to stay for the duration. I am a
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