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557 1st St

Cedar Key, FL 32625
  • $529,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: 796258
$529,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,296
    SQFT
  • $408
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2000
County:
Area:

School Ratings & Info

School District:

Description

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.

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© 2026 Dixie Gilchrist Levy Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Pristine Properties. Data last updated: 2026-08-08T07:53:35.
www.pristinepropertiesonline.com/homes/171560887
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557 1st St Cedar Key, FL 32625

  • Price: $529,000
  • Status: Active
  • On Site: 227 Days
  • MLS #: 796258
2
Beds
2
Baths
0
½ Baths
0.06
Acres
1,296
SQFT
$408
$/SQFT
2000
Built
Neighborhood:
Cedar Key
County:
Levy
Area:
Cedar Key
School District:
Levy
Property Description
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.
Exterior Features

Construction HardiPlank Type Construction Type Frame Driveway Concrete Exterior Design 2+ Story Exterior Features Additional Home(s) on PropertyCovered PorchOutdoor Lights Foundation CoastalStilt Landscaping Partially Landscaped Lot Description RectangularSubject to Easement Parking DrivewayUnder House Pool No Road Type City StreetMaintainedPaved Roof Metal Topography Flat Waterfront No

Interior Features

Ceilings Cathedral/VaultedStandard Equipment Appliances Cook Top - ElectricMicrowaveRefrigeratorStacked Washer/Dryer Fireplace None Flooring Ceramic/PorcelainLuxury Vinyl PlankingTile Heating Central H/C-Electric Interior Features BlindsCeiling FansGreat RoomLaminate CounterLaundry ClosetOpen Floor Plan Master Bath Combo Tub & Shower Master Bedroom 2 Master Suites Total Rooms 6 Windows Doors Dual Pane WindowsFrench Doors

Property Features

Distressed Property Not Applicable Homestead No Possession Close Of Escrow Property Tax Year 2025 Property Type Detached Single Family (Not MH) Section 32 Sewer Type Public Sewer Special Information Flood PlainFurnishedIncome ProducingSeller Property Disclosure Tax Amount 7865.12 Terms Available CashConventional Township 15 Water Sources Public

Listing information © 2026 Dixie Gilchrist Levy Multiple Listing Service.
Listing provided courtesy of Angela Beckham of Cedar Key Realty, Inc.: 9042061257.



© 2026 Dixie Gilchrist Levy Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Pristine Properties. Data last updated: 2026-08-08T07:53:35.
 
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