$529,000

557 1st St Cedar Key, FL 32625

Estimated payment $3,426/month

Total Views 749
2 Beds
2 Baths
1,296 Sq Ft
$408 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Cathedral Ceiling
  • Porch
  • Open Floorplan
  • Furnished
  • 4-minute walk to Lil Shark Park

About This Home

Downtown Cedar Key Gem with Exceptional Income Potential This unique downtown Cedar Key property offers unmatched flexibility with two completely separate living spaces, each featuring its own private entrance, full kitchen, and master suite—one on each floor. Ideal for vacation rentals, multi-generational living, or owner-occupy with income, this home adapts effortlessly to your lifestyle or investment goals. Offered fully furnished and move-in ready, the property is thoughtfully designed for comfort and convenience, allowing you to start enjoying or renting immediately. Whether used as a full-time residence, seasonal getaway, or high-demand rental, the layout provides privacy for guests while maximizing rental potential. Located in the heart of downtown Cedar Key, you're just steps from restaurants, shops, galleries, and the waterfront—everything that makes island living so desirable. A rare opportunity to own a versatile, turnkey property in one of Florida's most charming coastal communities.

Listing Agent

Angie Beckham

Cedar Key Realty, Inc. Brokerage Phone: 3525439899 License #SL3430097 Listed on: 12/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,865

Year Built

  • Built in 2000

Lot Details

  • 2,614 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot

Home Design

  • Raised Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • French Doors

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

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • Tuck Under Parking
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • In Flood Plain

Utilities

  • Cooling Available
  • Heating Available
  • No Utilities
  • Electric Water Heater

Community Details

  • Cedar Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0851400000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,865

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Frontage Type: City Street, Maintained
  • Road Surface Type: Paved
  • Inclusions: Sold Fully Furnished As Shown
  • Subdivision Name: Cedar Key
  • Directions: From SR24 in Cedar Key, cross 2nd Street (Main Street) and go one block to 1st Street. Turn left, and it will be the sixth home on the left. Look for the CEDAR KEY REALTY, INC. sign.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2+ Story
  • New Construction: No
  • Year Built: 2000
  • Attribution Contact: 3525439899
  • NAV10_StudioYN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Cooktop, Microwave, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic/Porcelain, Luxury Vinyl Planking, Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Laminate Counters, Open Floorplan
  • Living Area: 1296
  • Window Features: Double Pane Windows, Blinds
  • Master Bedroom Features: 2 Master Suites
  • Master Bathroom Features: Combo Tub & Shower

Exterior Features

  • Fencing: None
  • Lot Features: Rectangular Lot, Subject to Easement, Partially Landscaped, Flood Plain
  • Topography: Level
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Lighting
  • Foundation Details: Coastal, Raised
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Under House, Concrete

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: None
  • Water Source: Public

Schools

  • Junior High Dist: Levy

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 0851400000

Tax Info

  • Tax Annual Amount: 7865.12
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/23/2025 12/23/25 For Sale $529,000 -- $408 / Sq Ft
Source: Dixie Gilchrist Levy Counties Board of REALTORS®

Source: Dixie Gilchrist Levy Counties Board of REALTORS®

MLS Number: 796258

APN: 32-15-13-08514-001-00

Florida Levy County Cedar Key 32625

557 1st St, Cedar Key, FL

For Sale

Detached

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.

Nearby Homes
Listing Agent
Angie Beckham
Section Image
Cedar Key Realty, Inc.
(352) 758-5981