Are yards well-kept in Cedar Key, FL?

As of early 2026, 100% of users say yards are well-kept

Is Cedar Key, FL walkable to restaurants?

As of early 2026, 100% of users say it's walkable to restaurants

Do residents of Cedar Key, FL plan to stay at least 5 years?

As of early 2026, 100% of users say they plan to stay for at least 5 years

Is Cedar Key, FL dog-friendly?

As of early 2026, 92% of users say it's dog friendly

Would people walk alone at night in Cedar Key, FL?

As of early 2026, 89% of users say people would walk alone at night

Is there wildlife in Cedar Key, FL?

As of early 2026, 88% of users say there's wildlife

Do kids play outside in Cedar Key, FL?

As of early 2026, 88% of users say kids play outside

Does Cedar Key, FL show holiday spirit?

As of early 2026, 83% of users say there's holiday spirit

Is Cedar Key, FL quiet?

As of early 2026, 80% of users say it's quiet

Are there community events in Cedar Key, FL?

As of early 2026, 71% of users say there are community events

Is parking easy in Cedar Key, FL?

As of early 2026, 67% of users say parking is easy

Is Cedar Key, FL walkable to grocery stores?

As of early 2026, 67% of users say it's walkable to grocery stores

Are the streets well-lit in Cedar Key, FL?

As of early 2026, 64% of users say streets are well-lit

Are neighbors friendly in Cedar Key, FL?

As of early 2026, 55% of users say neighbors are friendly

Is a car needed in Cedar Key, FL?

As of early 2026, 50% of users say car is needed

Does Cedar Key, FL have sidewalks?

As of early 2026, 40% of users say there are sidewalks

What is 550 1st St #U111 estimated to be worth?

Trulia's estimated value for 550 1st St #U111 in Cedar Key, FL is $209,200 .

What is the price history for 550 1st St #U111?

550 1st St #U111 in Cedar Key, FL last sold for $170,000 in July 2021.

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 #U111?

The closest schools to 550 1st St #U111 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 #U111 have air conditioning?

Yes, 550 1st St #U111 in Cedar Key, FL has air conditioning.

Does 550 1st St #U111 have a pool?

Yes, 550 1st St #U111 in Cedar Key, FL has a pool.

OFF MARKET

$209,200

Trulia Estimate

1 Bed
1.5 Baths
670 sqft

550 1st St #U111, Cedar Key, FL 32625

Est. Refi. Payment $1,449/mo*

Refinance Your Home

Currently Off Market - Sold Jul 30, 2021 for $170,000

Home Value

Trulia Estimate

$209K

Since last month

$2K (+1%)

Since last year

$4K (+1.8%)

Since last sale

$40K (+23.6%)

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 +55% in the last 10 years

Month	Estimated value
2026
September 2026	$210K
August 2026	$208K
July 2026	$208K
June 2026	$207K
May 2026	$201K
April 2026	$199K
March 2026	$195K
February 2026	$195K
January 2026	$193K
2025
December 2025	$200K
November 2025	$202K
October 2025	$202K
September 2025	$206K
August 2025	$206K
July 2025	$211K
June 2025	$207K
May 2025	$216K
April 2025	$220K
March 2025	$221K
February 2025	$226K
January 2025	$227K
2024
December 2024	$234K
November 2024	$237K
October 2024	$234K
September 2024	$238K
August 2024	$237K
July 2024	$237K
June 2024	$245K
May 2024	$247K
April 2024	$245K
March 2024	$246K
February 2024	$247K
January 2024	$242K
2023
December 2023	$243K
November 2023	$250K
October 2023	$255K
September 2023	$253K
August 2023	$254K
July 2023	$253K
June 2023	$244K
May 2023	$244K
April 2023	$241K
March 2023	$239K
February 2023	$235K
January 2023	$228K
2022
December 2022	$223K
November 2022	$220K
October 2022	$215K
September 2022	$211K
August 2022	$213K
July 2022	$203K
June 2022	$201K
May 2022	$198K
April 2022	$222K
March 2022	$214K
February 2022	$160K
January 2022	$173K
2021
December 2021	$173K
November 2021	$188K
October 2021	$185K
September 2021	$179K
August 2021	$175K
July 2021	$175K
June 2021	$174K
May 2021	$174K
April 2021	$170K
March 2021	$169K
February 2021	$168K
January 2021	$165K
2020
December 2020	$164K
November 2020	$164K
October 2020	$163K
September 2020	$162K
August 2020	$161K
July 2020	$161K
June 2020	$160K
May 2020	$139K
April 2020	$141K
March 2020	$137K
February 2020	$140K
January 2020	$139K
2019
December 2019	$138K
November 2019	$141K
October 2019	$145K
September 2019	$145K
August 2019	$153K
July 2019	$136K
June 2019	$142K
May 2019	$161K
April 2019	$162K
March 2019	$163K
February 2019	$163K
January 2019	$162K
2018
December 2018	$162K
November 2018	$161K
October 2018	$160K
September 2018	$159K
August 2018	$159K
July 2018	$158K
June 2018	$157K
May 2018	$156K
April 2018	$155K
March 2018	$154K
February 2018	$153K
January 2018	$152K
2017
December 2017	$151K
November 2017	$150K
October 2017	$149K
September 2017	$148K
August 2017	$146K
July 2017	$145K
June 2017	$144K
May 2017	$144K
April 2017	$143K
March 2017	$142K
February 2017	$140K
January 2017	$139K
2016
December 2016	$138K
November 2016	$137K
October 2016	$136K
September 2016	$135K

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
550 1st St UNIT 202, Cedar Key, FL	0.03	Condo	$250,000	06/01/26	1	1	560
550 1st St UNIT 214, Cedar Key, FL	0.03	Condo	$265,357	06/29/26	2	2	960
82 2nd St UNIT 311, Cedar Key, FL	0.28	Condo	$128,000	11/14/25	1	1	480
82 2nd St UNIT 314, Cedar Key, FL	0.28	Condo	$125,000	06/09/26	1	1	480
7041 Depot St #A-102, Cedar Key, FL	0.28	Condo	$279,000	04/02/26	1	1	810
550 1st St #U202, Cedar Key, FL	0.00	Condo	$250,000	07/01/26		1	560
11 Old Mill Dr UNIT 10-f, Cedar Key, FL	0.35	Condo	$275,000	01/06/26	2	2	1,038
7041 Depot St UNIT A-101, Cedar Key, FL	0.27	Condo	$350,000	10/16/25	2	2	1,080
7041 Depot St UNIT B-104, Cedar Key, FL	0.28	Condo	$345,000	06/11/26	2	2	1,080
7041 Depot St UNIT C-201, Cedar Key, FL	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
511 1st St, Cedar Key, FL 32625	0.03	$188,000	2	1.5	1,152	Off Market
513 1st St UNIT 3, Cedar Key, FL 32625	0.03	$225,000	2	1.5	1,352	Recently Sold
550 1st St UNIT 105, Cedar Key, FL 32625	0.02	$206,600	1	1	672	Off Market
549 1st St, Cedar Key, FL 32625	0.03	$459,000	2	2	1,240	For Sale
557 1st St, Cedar Key, FL 32625	0.03	$529,000	2	2	1,296	For Sale
550 1st St UNIT 203, Cedar Key, FL 32625	0.02	$184,600	1	1	560	Off Market
550 1st St UNIT 101, Cedar Key, FL 32625	0.02	$207,500	1	1	560	Off Market
581 First St, Cedar Key, FL 32625	0.04	$479,200	2	2	2,482	Off Market
550 1st St UNIT 202, Cedar Key, FL 32625	0.03	$250,000	1	1	560	Recently Sold
550 1st St UNIT 214, Cedar Key, FL 32625	0.03	$265,357	2	2	960	Recently Sold
550 1st St UNIT 113, Cedar Key, FL 32625	0.03	$329,000	1	1	560	For Sale
550 1st St UNIT 207, Cedar Key, FL 32625	0.03	$315,000	1	1	560	For Sale

Local Information

Map ViewExplore the area around 550 1st St #U111.
Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Condo

Built in 1982

670 sqft

$312/sqft

About this House

$174,500. Beautiful 1 bedroom 1 1/2 bath Condo with beautiful views of the gulf on your private patio. Enjoy the dolphins while sipping your morning coffee. Located in historic Cedar Key at the corner of 1st & "C" Street. Steps from Dock Street where you can enjoy great dining & live music. Live in or rent out (or a combination of both) New kitchen and bath in 2018. Washer & Dryer. Salt Water Pool. This is UNIT #111 at The Island Place. This comes fully furnished. Please contact us for a private tour. . 352-245-6930 or 765-251-0790 CONTACT OWNER DIRECTLY - AVOID REALTORS! Motivated Seller

550 1st St #U111, Cedar Key, FL 32625 is a 1 bedroom, 2 bathroom, 670 sqft condo built in 1982. It last sold for $170,000 on Jul 30, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $209,200, with a rent estimate of $1,498/month.

Home Details for 550 1st St #U111

Interior Features
Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility Stories: 1Floors: Tile
Interior Details Additional StorageNumber of Rooms: 5Types of Rooms: Breakfast NookStorageCeiling Fan
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: MetalDeckExterior: CompositionLawnPatioPorch
Pool Pool
Parking & Garage Parking Space: 1Parking: Off Street

Property Information
Year Built Year Built: 1982Year Updated: 1982
Property Type / Style Property Type: CondoArchitecture: Other

Building
Levels, Entrance, & Accessibility Disabled Access

Community
Units in Building: 1

Price and Tax history

Date	Event	Price
Jul 30, 2021 Source: N/A	Sold	$170,000
Mar 24, 2021 Source: N/A	ListingRemoved
Jun 23, 2020 Source: N/A	Sold	$160,000
Sep 25, 2019 Source: N/A	ListingRemoved	$174,500
Dec 14, 2018 Source: N/A	Listed For Sale	$174,500
Apr 21, 2016 Source: N/A	Sold	$130,000
Jan 22, 2016 Source: N/A	PriceChange	$134,900 Price decreased by 4%
Nov 15, 2015 Source: N/A	PriceChange	$139,900 Price decreased by 3%
Aug 24, 2015 Source: N/A	Listed For Sale	$144,900
Oct 18, 2011 Source: N/A	Sold	$100,000

Year	Property tax	Tax assessment
2024	$4,327	$212,500

Additional Cost

Market trends in Cedar Key

Last updated August 2026

Avg. sale price

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Sale-to-List Price

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Price per sq ft

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Available listings

Around this home

Cedar Key High School
PK-12
Public
187 Students
Levy
8/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

View nearby schools on GreatSchools

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
Resident
2y ago
"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."
0
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Gravelsherriff
Visitor
8y ago
"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."
0
Flag
sgwynans
12y ago
"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!"
2
Flag
Wifey
12y ago
"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!!"
0
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Ed G.
15y ago
"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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Frequently asked questions about 550 1st St #U111

What is 550 1st St #U111 estimated to be worth?
Trulia's estimated value for 550 1st St #U111 in Cedar Key, FL is $209,200.
What is the price history for 550 1st St #U111?
550 1st St #U111 in Cedar Key, FL last sold for $170,000 in July 2021.
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 #U111?
The closest schools to 550 1st St #U111 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 #U111 have air conditioning?
Yes, 550 1st St #U111 in Cedar Key, FL has air conditioning.
Does 550 1st St #U111 have a pool?
Yes, 550 1st St #U111 in Cedar Key, FL has a pool.