550 1st St Unit U113 Cedar Key, FL 32625
Estimated payment $2,566/month
Highlights
- Property fronts gulf or ocean
- Deck
- Linen Closet
- In Ground Pool
- Double Pane Windows
- 4-minute walk to Lil Shark Park
About This Home
Get ready to experience the magic of Cedar Key from this exceptional corner unit condo in downtown Cedar Key right at the bridge for the best water front and downtown views. This coveted 1 bedroom 1 bath residence offers a rare combination of privacy, breathtaking views, and ideal walkability. This bright unit is filled with natural light and captures refreshing Gulf breezes and unmatched water front views. This is more than a condominium- it's a front row seat to the authentic Old Florida coastal lifestyle that has made Cedar Key one of the Gulf Coast's most treasured destinations. Perfect as a personal waterfront home, seasonal getaway, or income-producing investment property. This rare corner unit offers an opportunity to own a piece of paradise in one of Florida's most unique waterfront communities.
Listing Agent
Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #SL3430097 Listed on: 06/24/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,246
Year Built
- Built in 1982
Lot Details
- Property fronts gulf or ocean
- Landscaped
- Native Plants
HOA Fees
- $602 Monthly HOA Fees
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Metal Roof
- HardiePlank Type
Interior Spaces
- 560 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Sliding Doors
- Luxury Vinyl Plank Tile Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- Linen Closet
- 1 Full Bathroom
- Bathtub with Shower
Parking
- Paved Parking
- Open Parking
Outdoor Features
- In Ground Pool
- Deck
Location
- In Flood Plain
- Flood Insurance May Be Required
Utilities
- Cooling Available
- Heating Available
- No Utilities
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1766700000
Community Details
Overview
- The Island Place At Cedar Key Subdivision
Recreation
- Community Pool
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,327 | $106,251 | $1 | $106,250 |
| 2024 | $4,327 | $212,500 | $1 | $212,499 |
| 2023 | $4,238 | $187,000 | $0 | $0 |
| 2022 | $3,682 | $170,000 | $1 | $169,999 |
| 2021 | $3,115 | $139,999 | $1 | $139,998 |
| 2020 | $2,859 | $126,999 | $0 | $0 |
| 2019 | $2,544 | $114,999 | $0 | $0 |
| 2018 | $1,516 | $62,700 | $0 | $0 |
| 2017 | $1,529 | $62,700 | $0 | $0 |
| 2016 | $2,528 | $104,500 | $0 | $0 |
| 2015 | $2,272 | $94,999 | $0 | $0 |
| 2014 | -- | $84,999 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $329,000 | +88.0% | $588 / Sq Ft | |
| 08/04/2021 08/04/21 | Sold | $175,000 | 0.0% | $318 / Sq Ft | View Prior Sale |
| 07/05/2021 07/05/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $175,000 | +16.7% | $318 / Sq Ft | |
| 08/02/2019 08/02/19 | Sold | $150,000 | -8.8% | $268 / Sq Ft | View Prior Sale |
| 07/03/2019 07/03/19 | Pending | -- | -- | -- | |
| 07/13/2018 07/13/18 | For Sale | $164,500 | +13.4% | $294 / Sq Ft | |
| 05/23/2016 05/23/16 | Sold | $145,000 | -2.7% | $216 / Sq Ft | View Prior Sale |
| 04/23/2016 04/23/16 | Pending | -- | -- | -- | |
| 03/01/2016 03/01/16 | For Sale | $149,000 | -- | $222 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $175,000 | None Listed On Document | |
| Warranty Deed | $150,000 | Attorney | |
| Warranty Deed | $145,000 | Attorney | |
| Deed | $145,000 | -- | |
| Warranty Deed | $87,500 | Levy Abstract & Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $136,410 | New Conventional |
Source: Dixie Gilchrist Levy Counties Board of REALTORS®
MLS Number: 799462
APN: 17667-000-00
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Ask me questions while you tour the home.