NOT LISTED FOR SALE

550 1st St Unit U210 Cedar Key, FL 32625

Cedar Key Area

Estimated Value: $194,708 - $246,000

1 Bed
1 Bath
560 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: April 15, 2021

Last sale price $175,000 $312 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,071 / mo

7 Days on Market

Highlights

  • Airport or Runway
  • Gulf View
  • Open Floorplan
  • Concrete Pool
  • Waterfront
  • 4-minute walk to Lil Shark Park

About This Home

As of April 2021

Live the Beach life in this TOP FLOOR, GULF FRONT condo in Cedar Key. Relax to the gentle waves lapping on the shore below. Lounge on your private deck while taking in the fabulous views over the glimmering Gulf waters. Take a dip in the beach front pool and feel the sand between your toes on the picturesque beach. Enjoy dining and shopping on Dock Street just a quick stroll from your door. The Island Place was renovated 2017 with hurricane rated sliding glass doors and new windows, hardiplank siding, a courtyard with BBQ grill area, and renovated pool & deck.. Unit 210 features vaulted ceilings, vinyl plank flooring and tasteful furnishings. This is lowest priced full one bedroom condo in Cedar Key. It's your chance to own a PIECE OF PARADISE, don't let this one get away, MAKE AN OFFER today! Onsite rental management is available to pay expenses while your away. . .

Last Agent to Sell the Property

Janet Blackwell

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK692220 Listed on: 03/08/2021

Last Buyer's Agent

Janet Blackwell

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #BK692220 Listed on: 03/08/2021

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,063

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • Landscaped
  • Level Lot

HOA Fees

  • $524 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
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Window Treatments
  • Sliding Doors
  • Vinyl Flooring
  • Gulf Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Parking

  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool
  • Saltwater Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Grill

Location

  • In Flood Plain
  • Flood Insurance May Be Required

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1767700000

Community Details

Overview

  • The Island Place At Cedar Key Subdivision

Amenities

  • Airport or Runway

Recreation

  • Community Playground
  • Park

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,063

Year Built

Built in 1982

Lot Details

1,307 Sq Ft Lot

HOA Fees

$524 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: City Street, Maintained
  • Road Surface Type: Paved
  • Water Body Name: Gulf of Mexico
  • Inclusions: All Furniture And Furnishings
  • Subdivision Name: The Island Place At Cedar Key
  • Directions: Go south on SR24 to the end of the road. Turn left on 1st Street . The Island Place will be on your right.
  • 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: Refrigerator, Washer - Top Load, Microwave, Electric Range, Dishwasher, Range Hood, Washer/Dryer Stacked, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Breakfast Bar, Open Floorplan
  • Living Area: 560
  • Window Features: Storm Window(s), Double Pane Windows, Thermal Glass Windows, Window Treatments

Exterior Features

  • Lot Features: Corner Lot, Landscaped, Flood Insurance Current, Flood Plain
  • Pool Features: In Ground, Fenced, Concrete Pool, Salt Water
  • Topography: Level
  • View: Gulf View
  • View: Yes
  • Waterfront Features: None
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Home Warranty: No
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Outdoor Grill, Lighting
  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights, Park, Airport/Runway, Playground, Sidewalks
  • Association Fee: 524
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Levy

Lot Info

  • Parcel #: 1767700000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3062.97
  • 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

Listed on
Mar 8, 2021
Closed on
Apr 7, 2021
Sold by
Bought by
Seller's Agent
Janet Blackwell
Cedar Key Realty, Inc.
Buyer's Agent
Janet Blackwell
Cedar Key Realty, Inc.
List Price
$187,000
Sold Price
$175,000
Premium/Discount to List
-$12,000
-6.42%
Current Estimated Value
$216,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,140
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 23, 2020
Sold by
Bought by
Seller's Agent
Doris Hellerman
Cedar Key Realty, Inc.
Buyer's Agent
Janet Blackwell
Cedar Key Realty, Inc.
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 27, 2016
Closed on
Mar 5, 2018
Sold by
Bought by
Seller's Agent
Vanessa Edmunds
Cedar Key Realty, Inc.
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.68%
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

  • Stacy Gervais Real Estate Agent - EPIQUE REALTY INC.

    Stacy Gervais

    EPIQUE REALTY INC.

    (656) 216-3578

    46 Total Sales

    2 in Cedar Key

    $55K - $190K Price Range

    Stacy Gervais
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  • Vanessa Edmunds Real Estate Agent - Cedar Key Realty, Inc.

    Vanessa Edmunds

    Cedar Key Realty, Inc.

    (352) 646-3402

    143 Total Sales

    139 in Cedar Key

    $16K - $1.2M Price Range

    Vanessa Edmunds
     Section Image
  • Thomas Harrington Real Estate Agent - C-21 Dianne Chewning & Associates

    Thomas Harrington

    C-21 Dianne Chewning & Associates

    (352) 855-3632

    86 Total Sales

    2 in Cedar Key

    $120K - $340K Price Range

    Thomas Harrington
     Section Image
  • Brad Smith Real Estate Agent - UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY

    Brad Smith

    UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY

    (352) 614-0513

    548 Total Sales

    2 in Cedar Key

    $170K - $220K Price Range

    Brad Smith
     Section Image
  • Nikki Norman Real Estate Agent - COASTAL PROPERTIES GROUP INTERNATIONAL

    Nikki Norman

    Responds Quickly

    COASTAL PROPERTIES GROUP INTERNATIONAL

    (352) 449-3161

    68 Total Sales

    2 in Cedar Key

    $309,000 Price Range

    Nikki Norman
     Section Image
  • Gabrielle Davis Real Estate Agent - eXp Realty LLC

    Gabrielle Davis

    eXp Realty LLC

    (850) 790-4025

    108 Total Sales

    1 in Cedar Key

    $95,000 Price

    Gabrielle Davis
     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
$175,000 Levy Abstract And Title Co
$165,000 Norm D Fugate Pa
$165,000 None Listed On Document
$149,000 None Listed On Document
$235,000 Levy Abstract & Title Co
Source: Public Records

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 Borrower Loan Amount
Previous Owner $100,000
Previous Owner $188,000
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 Prior Sale
04/15/2021 04/15/21 Sold $175,000 -6.4% $313 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $187,000 +13.3% $334 / Sq Ft
04/27/2020 04/27/20 Sold $165,000 0.0% $295 / Sq Ft View Prior Sale
03/28/2020 03/28/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $165,000 +10.7% $295 / Sq Ft
03/02/2018 03/02/18 Sold $149,000 -6.3% $222 / Sq Ft View Prior Sale
01/31/2018 01/31/18 Pending -- -- --
06/27/2016 06/27/16 For Sale $159,000 -- $237 / 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 $3,289 $147,999 $1 $147,998
2020 $3,063 $136,999 $0 $0
2019 $2,804 $123,999 $0 $0
2018 $1,915 $80,625 $0 $0
2017 $1,932 $80,625 $0 $0
2016 $2,570 $107,500 $0 $0
2015 $2,309 $97,499 $0 $0
2014 $2,121 $87,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JB

    Seller's Agent in 2021

    Janet Blackwell

    Cedar Key Realty, Inc.

    (352) 477-0025

    4 Total Sales

    Janet Blackwell
    Section Image

  • DH

    Seller's Agent in 2020

    Doris Hellerman

    Cedar Key Realty, Inc.

    (352) 210-1155

    60 Total Sales

    Doris Hellerman
    Section Image
  • Vanessa Edmunds Real Estate Agent - Cedar Key Realty, Inc.

    Seller's Agent in 2018

    Vanessa Edmunds

    Cedar Key Realty, Inc.

    (352) 210-1155

    143 Total Sales

    Vanessa Edmunds
    Section Image
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Map

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 781552

APN: 17677-000-00

Florida Levy County Cedar Key 32625

550 1st St Unit U210, Cedar Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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