549 1st St, Cedar Key, FL 32625
FOR SALE

549 1st St
Cedar Key, FL 32625

  • 2 Beds
  • 2 Baths
  • 1,240 sqft

$479,000

Original price: $499,000
Est. Mortgage $3,087/mo*
Get Pre-Qualified

$479,000

Original price: $499,000
Est. Mortgage $3,087/mo*
Get Pre-Qualified
2 Beds
2 Baths
1,240 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Wow!! Looking for a terrific vacation rental investment? This two-unit home in downtown historic Cedar Key, Florida, is for you! With a bedroom, bath and kitchenette on each floor, you can rent this property as one unit for four people, or as two double units, separately. This home is elevated for flood safety--but wow--the elevation really extends the water view! Perched just steps from popular "Dock Street" and its restaurants, bars, fishing pier, and outdoor fun, this location is perfect! Just a few steps in the other direction, and you will be at the coffee shop, smoothie joint, library, Art Center or "Main Street" art and gift shops. City Park is just 1.5 blocks away, with its beach, picnic pavilions, sports court and playground. Rent a kayak there and explore the natural surroundings the island is known for. Oh my--location, location, location! Tastefully decorated, this unit recently enjoyed a refreshing update. Continue with the current independent local vacation rental management company, and you will be set to begin cashing in on closing day. Visit as often as you like, and make rental income when you are away--the very best scenario!

Home Highlights

Parking
Open Parking
Outdoor
Porch
View
Water
HOA
None
Price/Sqft
$386
Listed
180+ days ago

Home Details for 549 1st St

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1240 Square Feet
Appliances & Utilities
Appliances: Bar Fridge, Electric Cooktop, Microwave, Microwave Hood, RefrigeratorLaundry: Laundry ClosetMicrowaveRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Other Windows/Doors, BlindsDoor: French Doors, Other Windows/DoorsFlooring: Luxury Vinyl Planking, Tile
Levels, Entrance, & Accessibility
Levels: 2+ StoryFloors: Luxury Vinyl Planking, Tile
View
Has a ViewView: Water
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: PorchOther Structures: Separate Entrance AptExterior: LightingFoundation: Coastal, Raised
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,Under House,Brick
Frontage
Road Frontage: City Street, MaintainedRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2000
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: HardiPlank Type, FrameNot Attached Property
Property Information
Parcel Number: 0851400000

Price & Status

Price
List Price: $479,000Price Per Sqft: $386
Status Change & Dates
Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: Cedar KeyCommunity: Cedar Key
School Information
Elementary School District: LevyJr High / Middle School District: LevyHigh School District: Levy

Agent Information

Listing Agent
Listing ID: 790344

Building

Building Area
Building Area: 1240 Square Feet

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Conventional, May Sell Furnished

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 790344Water ViewWater View: WaterAttribution Contact: 3525439899
Last check for updates: about 10 hours ago
Listing courtesy of Vanessa Edmunds, (352) 210-1155
Cedar Key Realty, Inc., (352) 543-9899
Source: Dixie-Gilchrist Levy Counties BOR, MLS#790344

Market trends in Cedar Key

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
78
11MoM

Price History for 549 1st St

DatePriceEventSource
03/19/2025$479,000PriceChange
Dixie-Gilchrist Levy Counties BOR #790344
09/09/2024$499,000PriceChange
Dixie-Gilchrist Levy Counties BOR #790344
03/21/2024$525,000Listed For SaleDixie-Gilchrist Levy Counties BOR #790344
03/26/2014$175,000Sold
Dixie-Gilchrist Levy Counties BOR #766213
05/21/2013$162,500Sold
N/A
02/16/2011$130,000Sold
N/A
07/25/2003$225,000Sold
N/A
04/01/2003$225,000Sold
N/A
10/14/2002$210,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$6,918
Assessment$368,710
Home facts updated by county records

Comparable Sales for 549 1st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5011 F St, Cedar Key, FL
0.23
Single-Family Home
$215,000
04/09/26
2
2
1,272
758 5th St, Cedar Key, FL
0.23
Single-Family Home
$302,000
03/23/26
2
2
800
681 6th St, Cedar Key, FL
0.26
Single-Family Home
$325,000
09/04/25
2
2
1,652
652 1st St, Cedar Key, FL
0.10
Single-Family Home
$612,000
03/03/26
2
2
1,550
841 2nd St, Cedar Key, FL
0.20
Single-Family Home
$385,000
11/18/25
3
2
3,102
709 6th St, Cedar Key, FL
0.27
Single-Family Home
$325,000
05/21/26
2
2
938
5010 G St, Cedar Key, FL
0.29
Single-Family Home
$285,000
04/30/26
2
2
1,399
12303 Cedar St, Cedar Key, FL
0.74
Single-Family Home
$148,000
02/25/26
2
2
1,248
5051 G St, Cedar Key, FL
0.28
Single-Family Home
$600,000
03/03/26
3
2
3,196

Nearby homes

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Assigned Schools

These are the assigned schools for 549 1st St.

What Locals Say about Cedar Key

At least 4 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to restaurants

  • 100 % Say they plan to stay for at least 5 years

  • 92 % Say it's dog friendly

  • 89 % Say people would walk alone at night

  • 88 % Say there's wildlife

  • 86 % Say kids play outside

  • 83 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 71 % Say there are community events

  • 67 % Say parking is easy

  • 67 % Say it's walkable to grocery stores

  • 64 % Say streets are well-lit

  • 55 % Say neighbors are friendly

  • 54 % Say car is needed

  • 40 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Ckclamhouse
    "Easy commute to work 5 miles away. School zone is the only slow down when in session. Golf cart friendly community, so sometimes your commute may be slowed if you are behind a golf cart."
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  • Gravelsherriff
    "Long one road in one road out. Very little traffic with no curves. Straight as a gun barrel. One gas station about half way through the journey."
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    Flag
  • sgwynans
    "I have lived here for over 34 years - my entire life - with an occassional move; I always come back. It's a great place to live and raise a family, retire, or just as a getaway from the hustle and bustle of the city. Cedar Key is a charming fishing village and haven for artists of all types. We have an excellent public school educating students from Pre-K to 12th grade. Cedar Key School is currently rated an A school - it feels more like a private school than public. Also, I have always had a sense of safety in our community; it's a place where some people still don't lock their doors. I love our town and the lovely people who live here!"
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  • Wifey
    "IF YOU ARE LOOKING FOR A TRUE SENSE OF COMMUNITY, GOOD OLD VALUES AND PEACE AND TRANQUILITY, THEN CEDAR KEY IS THE PLACE TO LIVE!!"
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  • Ed G.
    "CK is not built up like so much of the Gulf Coast of Florida. It's peaceful but there are some things to do (especially for the outdoors type of person). It's a long way to the WalMart for shopping and some things you take for granted in the cities aren't readily available. If you're a fisherman, a nature lover or a home body this a a great place. If you crave the night life then, for you, this is probably a weekend visit kind of place."
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LGBTQ Local Legal Protections

Vanessa Edmunds, Cedar Key Realty, Inc., (352) 543-9899
Agent Phone: (352) 210-1155
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.
549 1st St, Cedar Key, FL 32625 is a 2 bedroom, 2 bathroom, 1,240 sqft single-family home built in 2000. This property is currently available for sale and was listed by Dixie-Gilchrist Levy Counties BOR on Mar 21, 2024. The MLS # for this home is MLS# 790344.