NOT LISTED FOR SALE

550 1st St Unit 112 Cedar Key, FL 32625

1 Bed
1 Bath
560 Sq Ft
$470/mo HOA Fee

Last Sold September 19, 2019

Last sale price $145,000 $259 Per Sq Ft

195 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deck
  • Corner Lot
  • Open Floorplan
  • Key West Architecture
  • 4-minute walk to Lil Shark Park

About This Home

As of September 2019

Beautiful, affordable water front in Cedar Key, Florida! This one-bedroom condo is the perfect spot to relax in the Florida sun and breathe in the salt air. Enjoy the open floor plan, opening to a fully water front porch. Put your feet up and sip a cool drink while you watch the sea life! Right at the edge of Dock Street, The Island Place is central to all of the island's fun--just steps away from all of the restaurants, shops, bars, coffee shop, pier, library, art center and City Park's playground and beach. You'll love all of the improvements at the complex--new pool, boardwalks, and new siding, windows and decking. Put the unit in the onsite rental program while you're away, and enjoy income, too! WOW--POSSIBLE SELLER FINANCING!

Last Agent to Sell the Property

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 02/05/2019

Last Buyer's Agent

Vanessa Edmunds

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK3263028 Listed on: 02/05/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Level Lot
  • Additional Parcels

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 560 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Fence Around Pool
  • Pool Deck
  • Saltwater Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1766600000

Community Details

Overview

  • The Island Place At Cedar Key Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,516

Year Built

Built in 1982

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: The Unit Is Sold Mostly Furnished, However, There Are Several Items Of Art That Are Not Included.
  • Subdivision Name: The Island Place At Cedar Key
  • Directions: From SR 24 and 2nd Street in Cedar Key, turn left onto 2nd Street, and go one block to C Street. Turn right on C Street and go one block. The Island Place will be through the intersection on the right. There will be no CEDAR KEY REALTY, INC. sign due to condominium regulations.
  • Architectural Style: Key West
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 1982
  • Attribution Contact: 3525439899
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Microwave Hood, Refrigerator, Washer/Dryer Stacked, Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Laminate Counters, Open Floorplan, Ceiling Fan(s), Breakfast Bar, Wired for Data
  • Living Area: 560
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Corner Lot, Multiple Lots, Landscaped
  • Pool Features: Cool Deck, Salt Water, Fenced
  • Topography: Level
  • Waterfront Features: Other, Gulf Front
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Outdoor Grill, Lighting
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch, Open Deck, Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street, Asphalt

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 470
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 1766600000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1515.81
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2019 09/19/19 Sold $145,000 -8.8% $259 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $159,000 +33.6% $284 / Sq Ft
01/12/2015 01/12/15 Sold $119,000 -5.6% $177 / Sq Ft View Prior Sale
12/13/2014 12/13/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $126,000 -- $188 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 777222