550 1st St, Cedar Key, FL 32625
Property image
Property image
OFF MARKET

$175,100

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 560 sqft

550 1st St, Cedar Key, FL 32625

Est. Refi. Payment $1,211/mo*
Refinance Your Home
Currently Off Market - Sold Aug 14, 2020 for $175,000

Home Value

Trulia Estimate
$175K
Since last month
Decreased$3K (-1.4%)
Since last year
Increased$4K (+2%)
Since last sale
Increased$500 (+0.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +54% in the last 10 years
MonthEstimated value
2026
August 2026$176K
August 2026$175K
July 2026$178K
June 2026$180K
May 2026$175K
April 2026$170K
March 2026$166K
February 2026$166K
January 2026$163K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Condo
$250,000
06/01/26
1
1
560
0.28
Condo
$128,000
11/14/25
1
1
480
0.28
Condo
$125,000
06/09/26
1
1
480
0.28
Condo
$279,000
04/02/26
1
1
810
0.00
Condo
$250,000
07/01/26
1
560
0.03
Condo
$265,357
06/29/26
2
2
960
0.35
Condo
$275,000
01/06/26
2
2
1,038
0.27
Condo
$350,000
10/16/25
2
2
1,080
0.28
Condo
$345,000
06/11/26
2
2
1,080
0.28
Condo
$350,000
10/27/25
2
2
1,080

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$190,100
2
1.5
1,152
Off Market
0.03
$225,000
2
1.5
1,352
Recently Sold
0.02
$195,200
1
1
672
Off Market
0.03
$459,000
2
2
1,240
For Sale
0.03
$529,000
2
2
1,296
For Sale
0.02
$238,100
1
1
560
Off Market
0.02
$179,800
1
1
560
Off Market
0.02
$203,800
1
1
560
Off Market
0.04
$481,900
2
2
2,482
Off Market
0.03
$250,000
1
1
560
Recently Sold
0.03
$265,357
2
2
960
Recently Sold
0.03
$329,000
1
1
560
For Sale

Local Information

  • Map ViewExplore the area around 550 1st St.
  • Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1982
560 sqft
$313/sqft

About this House

What a magnificent view! This one-bedroom, one-bath open floor plan condo is nicely placed on a corner on the second floor. Sit on your comfy porch, sip your favorite drink, and soak up views of the Gulf of Mexico and nearby uninhabited islands. Watch the dolphins play, and the osprey soar! THE ISLAND PLACE just completed a total renovation, and looks fabulous! New Hardiplank siding, new impact windows, new divided-lite sliding glass doors, new pool and pool deck, new boardwalks, and fresh new landscaping make this downtown jewel an island hot spot! Just a few steps to Dock Street food and fun, and Second Street shops and art--you'll be right at home here. When you're away, put it in the onsite rental management for extra income! $$$
550 1st St, Cedar Key, FL 32625 is a 1 bedroom, 1 bathroom, 560 sqft condo built in 1982. It last sold for $175,000 on Aug 14, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $175,100, with a rent estimate of $1,257/month.

Home Details for 550 1st St

Exterior Features

Exterior Home Features
Roof: MetalDeckPorch
Pool
Pool

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Condo

Interior Features

Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows
Levels, Entrance, & Accessibility
Floors: Carpet, Linoleum Vinyl

Price and Tax history

DateEventPrice
Aug 14, 2020
Source: N/A
Sold
$175,000
Aug 9, 2019
Source: N/A
Sold
$135,000
Jun 6, 2019
Source: Agent Provided
Listed For Sale
$198,000
Mar 4, 2019
Source: N/A
Sold
$160,000
Sep 24, 2015
Source: N/A
Sold
$150,000

Market trends in Cedar Key

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
62
6
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 88 % Say kids play outside

  • 83 % Say there's holiday spirit

  • 80 % 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

  • 50 % 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."
  • 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."
  • 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!"
  • 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!!"
  • 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."

LGBTQ Local Legal Protections

Frequently asked questions about 550 1st St

  • What is 550 1st St estimated to be worth?
    Trulia's estimated value for 550 1st St in Cedar Key, FL is $175,100.
  • What is the price history for 550 1st St?
    550 1st St in Cedar Key, FL last sold for $175,000 in August 2020.
  • Is Cedar Key a buyer's or seller's market?
    Cedar Key is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 550 1st St?
    The closest schools to 550 1st St in Cedar Key, FL are Cedar Key High School (Pre-K/Elementary/Middle, rated 8/10), Levy Virtual Franchise (Middle/High), Levy Virtual Instruction Program (Elementary/Middle/High).
  • Does 550 1st St have a pool?
    Yes, 550 1st St in Cedar Key, FL has a pool.
  • Does 550 1st St have laundry facilities?
    Yes, 550 1st St in Cedar Key, FL has in-unit laundry.

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