NOT LISTED FOR SALE

550 1st St Unit U204 Cedar Key, FL 32625

Cedar Key Area

Estimated Value: $166,209 - $239,000

1 Bed
1 Bath
560 Sq Ft
1,917 Sq Ft Lot

Sale Details

Date Sold: September 24, 2021

Last sale price $184,450 $329 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,984 / mo

23 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Key West Architecture
  • Gulf View
  • Deck
  • 4-minute walk to Lil Shark Park

About This Home

As of September 2021

Relax in your downtown condo at the corner of 1st Street and Dock Street, park your car for the weekend and enjoy being in the heart of Cedar Key. Restaurants, shops and the fisting pier are a walking distance away. This unit is on the second floor with great views overlooking the pool and open Gulf. The condo has a small beach behind the pool for you and your company to play on. The condo complex/buildings and grounds have been completely renovated in 2016-2017 with hurricane rated sliding glass doors and new windows, new courtyard with BBQ area, Hardiplank siding and renovated pool & deck. There is onsite rental management for you at a reasonable rate. Plus, this unit is sold furnished except for personal belongings and some artwork.

Last Agent to Sell the Property

Nickie Rucker

A. Nickies Homes Brokerage Phone: 3524770007 License #3298144 Listed on: 08/31/2021

Last Buyer's Agent

Angie Beckham

Cedar Key Realty, Inc. License #SL3430097

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Landscaped
  • Level Lot

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • Vertical Siding
  • Cement Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Double Hung Windows
  • Blinds
  • Sliding Doors
  • Gulf Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Paved Parking
  • Open Parking

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 176710000

Community Details

Overview

  • The Island Place At Cedar Key Subdivision

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,184

Year Built

Built in 1982

Lot Details

1,917 Sq Ft Lot

HOA Fees

$525 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Limerock
  • Water Body Name: Gulf of Mexico
  • Subdivision Name: The Island Place At Cedar Key
  • Directions: After driving into Cedar Key, continue on State Road 24 to the first Stop sign, continue straight to 1st Street. The complex will be on your left.
  • Architectural Style: Key West
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 1982
  • Attribution Contact: 3524770007
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Washer - Top Load, Dryer, Dryer - Electric, Convection Oven, Electric Range, Electric Water Heater
  • Accessibility Features: Accessible Bedroom, Main Floor Laundry, Level Flooring
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Verticals, Ceiling Fan(s), Breakfast Bar
  • Living Area: 560
  • Window Features: Storm Window(s), Double Hung Windows, Thermal Glass Windows, Blinds

Exterior Features

  • Lot Features: Rectangular Lot, Landscaped
  • Pool Features: In Ground
  • Topography: Level
  • View: Gulf View
  • View: Yes
  • Waterfront Features: None
  • Waterfront: Yes
  • Construction Type: Concrete, Frame, Cement Siding
  • Exterior Features: Balcony, Barbecue
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Asphalt
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Main Level, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Electric - Central FL Coop, Electricity Connected
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 525
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 176710000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2183.7
  • Tax Year: 2020

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Bought by
Current Estimated Value
$207,052

Purchase Details

Closed on
Sep 16, 2024
Sold by
Bought by

Purchase Details

Listed on
Aug 31, 2021
Closed on
Sep 23, 2021
Sold by
Bought by
Seller's Agent
Nickie Rucker
A. Nickies Homes
Buyer's Agent
Angie Beckham
Cedar Key Realty, Inc.
List Price
$191,000
Sold Price
$184,450
Premium/Discount to List
-$6,550
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Listed on
Aug 31, 2021
Closed on
Sep 21, 2021
Sold by
Bought by
Seller's Agent
Nickie Rucker
A. Nickies Homes
Buyer's Agent
Angie Beckham
Cedar Key Realty, Inc.
List Price
$191,000
Sold Price
$184,450
Premium/Discount to List
-$6,550
-3.43%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cedar Key, FL

  • Gwen Smith Real Estate Agent - United Country Smith & Associates Trenton

    Gwen Smith

    United Country Smith & Associates Trenton

    (352) 558-2680

    94 Total Sales

    3 in Cedar Key

    $87K - $95K Price Range

    Gwen Smith
     Section Image
  • Sarah Eastman Real Estate Agent - United Country Smith & Associates Chiefland

    Sarah Eastman

    Responds Quickly

    United Country Smith & Associates Chiefland

    (352) 443-5643

    87 Total Sales

    1 in Cedar Key

    $300,000 Price

    Sarah Eastman
     Section Image
  • Melinda Allen Real Estate Agent - Pelican Realty

    Melinda Allen

    Pelican Realty

    (352) 224-9455

    58 Total Sales

    55 in Cedar Key

    $19K - $900K Price Range

    Melinda Allen
     Section Image
  • Robert Turnipseed Real Estate Agent - Hometown Realty of North Fl. Inc.

    Robert Turnipseed

    Hometown Realty of North Fl. Inc.

    (352) 614-0442

    56 Total Sales

    1 in Cedar Key

    $225,000 Price

    Robert Turnipseed
     Section Image
  • Tammy Bryan Real Estate Agent - Compass Realty of North Florida

    Tammy Bryan

    Compass Realty of North Florida

    (352) 646-3592

    103 Total Sales

    3 in Cedar Key

    $5K - $185K Price Range

    Tammy Bryan
     Section Image
  • Joy Glanzer Real Estate Agent - GLANZER REALTY, LLC

    Joy Glanzer

    GLANZER REALTY, LLC

    (352) 900-3059

    73 Total Sales

    1 in Cedar Key

    $30,000 Price

    Joy Glanzer
     Section Image
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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 Buyer Sale Price Title Company
$120,000 Action Title
$200,000 Action Title
-- Attorney
$184,500 Attorney
-- Levy Abstract & Title Co
Source: Public Records

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
09/24/2021 09/24/21 Sold $184,450 -3.4% $329 / Sq Ft
08/31/2021 08/31/21 For Sale $191,000 -- $341 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

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 $159,375 $1 $159,374
2024 $4,327 $212,500 $1 $212,499
2023 $4,238 $187,000 $0 $0
2022 $3,682 $170,000 $1 $169,999
2021 $2,461 $118,999 $1 $118,998
2020 $2,275 $109,999 $0 $0
2019 $2,030 $91,999 $0 $0
2018 $1,634 $68,000 $0 $0
2017 $1,648 $68,000 $0 $0
2016 $1,969 $79,999 $0 $0
2015 $1,936 $79,999 $0 $0
2014 $1,952 $79,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nickie Rucker Real Estate Agent - A. Nickies Homes

    Seller's Agent in 2021

    Nickie Rucker

    A. Nickies Homes

    (352) 477-0007

    28 Total Sales

    Nickie Rucker
    Section Image

  • A

    Buyer's Agent in 2021

    Angie Beckham

    Cedar Key Realty, Inc.

    (904) 206-1257

    79 Total Sales

    Angie Beckham
    Section Image
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 782737

APN: 17671-000-00

Florida Levy County Cedar Key 32625

550 1st St Unit U204, Cedar Key, FL

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